GST Return Filing Online
GST Return as we all our government implemented a common tax for all goods and services, that is GST. So if any person or organization deals in goods and services, the person or organization has to register for GST, and in every financial year they have to fill out the GST return. GST Return Filing is a format for a taxpayer to show the details of their company by filling GST in the authorized administration. those who are registered in GST has to fill GST Return periodically. You can file the return online by logging in to the GST official site.
if you have any issue regarding the tax deduction. so you can file the complaint, but you have an invoice regarding that. If a person does the Registration for GST, after completing all the registration process, they will get the GST number. That Number is your identity for Filling the GST Return. GSTN is 15-digit long number. The first 2 digits will represent the state code. For example, 01 for Jammu and Kashmir, 02 for Himachal Pradesh, 03 for Punjab, etc. The next 10 digits will be the PAN of person or entity engaged in Business.
Few steps for how to fill GST return
GST return can be filed in different forms depending upon the nature of transaction and registration. Return Forms that are applicable for Normal Taxpayers and their due dates are:
Form GSTR-1
User needs to declare the details of all the outward supplies of goods and services affected during the month. GSTR-1 filed on or before the 10th of every month with details of all supplies effected during the previous
Form GSTR-2
After reconciling, an additional claim/correction needs to be incorporated and submitted in the Form GSTR-2 by 15th of every month.
Form GSTR-3
On 20th, based on the Form GSTR-1 and Form GSTR-2, an auto-populated return GSTR-3 will be available for submission along with to payment.
After the due date of filing the monthly return in Form GSTR-3, the inward supplies will be matched with the outward supplies furnished by suppliers, and then final acceptance of input tax credit will be communicated in Form GST MIS-1. There are the following details: matching of invoices
- GSTIN of the supplier
- GSTIN of the recipient
- Invoice/debit note number
- Invoice/debit note date
- Taxable value and
- Tax amount
Form GSTR-4
On 18th of the month of succession quarter, quarterly return for compounding taxable person.
Form GSTR-5
Return for Non-resident foreign taxable person by Non-Resident Taxable Person.
Form GSTR-6
On 13th of next month, Return for Input Service Distributor by input Distributor.
Form GSTR-8
On 10th of next month, Details of supplies effected through e-commerce operator and the amount of tax collected by E-commerce operator/Tax Collector.
Form GSTR-9
On 31st December of next financial year,Annual GST return will be filed by a registered Person.
Frequently asked questions
Who is liable to fill GST return?
Every entity who deals in goods and services has to be registered under GST. and they will have to file a GST Return. Person or entity who is registered has to fill GST return even if no purchase-sales activities have been carried out during the return period.
What is the time period for filing return?
GST return provide the facility for filling the return as per their registration type and the transactions. You can pay GST in different slots like monthly, half yearly , quarterly and additional Annual GST return Monthly Return has to be filed by Regular taxpayers, NRI, Distributor, Tax Deductors and E-commerce Operators .whereas Composition taxpayers will have to file a return yearly.
What is the penalty in return filing?
If the taxpayer is not fill the return on the give time then he has to pay the penalty of rupees 100-/- per day and the maximum penalty has to be pay is 5000/-
Is different form have to be fill for CGST,SGST.?
For CGST, SGST, and IGST there is a single form. But in that form a separate column is available for each of them in the same form and will be filled. And there is option for interstate and intrastate supply.
Can return is revised?
No, the GST return cannot be revised. If any changes has to done that is mentioned in amendment section of the return for next period.
If you filled a GST return ,then tax due is remain?
If there is any tax due ,and you are filing tax return. Then this tax return is invalid.