What is GST Return? Types of GST Returns & their due dates

All GST-registered businesses are required to file monthly or quarterly GST returns and annual GST returns based on the type of business. This GST return filing is done online on the GST portal.

What is GST Return?

A GST return is a document containing details of all income/sales and/or expenses/purchases that a GST-registered taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate net tax liability.

Under GST, a registered dealer has to file GST returns that broadly include:

• Purchases
• Sales
• Output GST (On sales)
• Input tax credit (GST paid on purchases)

Returns to be filled by taxpayers who are registered as a Normal Taxpayer

1. GSTR-1: GSTR-1 is a return in which registered persons are required to fill details of outward supplies made. It does not involve making payment of tax; rather, it only requires providing details of the supplies made. The payment of tax is to be done in GSTR-3B.
   

   Due Date:

   • Registered persons who file monthly returns are required to file the GSTR-1 return for the tax period by the 11th of the succeeding month or earlier.
   • Registered persons who file returns on a quarterly basis, are required to file the GSTR-1 return for the tax period by the 13th of the succeeding month or earlier.
     Example: If you need to file a return for August 2023, the due date would be September 11, 2023.
2. GSTR-3B: GSTR 3B is a self-declared summary return. In this return, the taxpayer is required to provide summary figures of sales, ITC claimed and net tax payable. This return is filed monthly or quarterly based on turnover limits.
   

   Due Date:

   • The due date for filing monthly GSTR 3B is the 20th day of the following month.
   • The due date for filing Quarterly GSTR 3B is the 22nd day of the following month.

   Example: If you need to file a return for August 2023 the due date would be 20^th September 2023.

3. GSTR-3B: All registered persons whose aggregate turnover during the year exceeds Rs. 2 Crore are required to furnish the annual return FORM-GSTR-9 electronically on the common portal by the 31st of December of the following financial year or earlier as notified by the commissioner through facilitation centres.
   Example: If you need to file a return for the financial year 2022-23, the due date would be December 31, 2023.
4.  GSTR-9C: All registered persons whose aggregate turnover during the year exceeds Rs. 5 Crore are required to furnish the annual return FORM-GSTR-9C electronically on the common portal by the 31st of December of the following financial year or earlier as notified by the commissioner through facilitation centres.
   Example: If you need to file a return for the financial year 2022-23, the due date would be December 31, 2023.
   Returns to be filled by taxpayers who are registered as a Composition Taxpayer
5. CMP-08: Composition taxpayers are required to show details of their quarterly sales and make tax payments in the quarterly statement. Details of inputs are not shown in this return.

Due Date:

The due date for filing this return is the 18th day of the month following the end of the quarter.

Example: The due date for filing the form for the April-23 to June-23 quarter will be July 18, 2023.

2. GSTR-4: All registered persons who is registered under the composition scheme, regardless of their turnover, are required to furnish the annual return FORM-GSTR-4 electronically on the common portal by the 30th of April of the following financial year or earlier as notified by the commissioner through facilitation centres.

Example: If you need to file a return for the financial year 2022-23, the due date would be April 30, 2023.

Other Returns:

1. GSTR-5: Form GSTR-5 is a return to be filed by all persons registered as Non- Resident Taxpayer (NRTP). This can either be done online or from a tax facilitation centre. This form contains the details of all outward supplies and inward supplies made and received by the non-resident taxpayer.

Form GSTR-5 is a return to be filed by all persons registered as Non- Resident Taxpayer (NRTP).

2. GSTR-6: Form GSTR-6 is a monthly return to be filed by all the Input Service Distributors (ISD) for distribution of credit (ITC) amongst its units. Only those persons who are registered as Input Service Distributor (ISD) need to file Form GSTR-6. It is a mandatory return, to be filed on monthly basis. A ‘Nil’ return must be filed in case of no ITC being available for distribution or no ITC is being distributed during the month.

Due Date:

If you need to file a return for the month of April 2023, the due date would be on or before the 13th May 2023.

3. GSTR-7: Form GSTR-7 is a return which is required to be filed by the persons who deduct tax at the time of making/crediting payment to suppliers towards the inward supplies received. Tax deductor has a legal obligation:

• To declare his TDS liability for a given period (monthly) in Form GSTR-7;
• Furnish details of the TDS deducted under three major heads viz., Central tax, State/UT tax and Integrated tax in accordance with that return;
• File correct and complete return within stipulated time frame, given the fact that the TDS credit will be available to the counter party taxpayer (supplier) upon filing of TDS return in Form GSTR-7 by the Deductor (i.e., person liable to deduct TDS); and
• Issue TDS certificate to the deductee.

Due Date:

The due date for filing Form GSTR-7 is 10th day of the succeeding month.

4. GSTR-8: Form GSTR-8 is a Statement of TCS (Tax Collected at Source) to be filed by E Commerce Operators. Form GSTR-8 contains the details of taxable supplies and the amount of consideration collected by such operator pertaining to the supplies made by other suppliers through such e commerce operator and amount of TCS collected on such supplies.

Due Date:

The due date for filing Form GSTR-8 for a particular tax period is 10th day of the succeeding month or as amended by Government by notification from time to time.

5. GSTR-10: A taxable person whose GST registration is cancelled or surrendered has to file a return in Form GSTR-10 called as Final Return. This is statement of stocks held by such taxpayer on day immediately preceding the date from which cancellation is made effective.

Due Date:

This return should be filed within three months of the date of cancellation or date of order of cancellation, whichever is later.

6. GSTR-11: Form GSTR-11 is a statement of inward supply of goods or services or both received by Unique Identity Number (UIN) holders, which is required to be filed by them on a quarterly basis.

Form GSTR-11 is to be filed on Quarterly basis. However, the form is not mandatory to be filed for such period in which there are no inward supplies received by such UIN holder. There is no due date for Filing of Form GSTR-11. UIN holder can file Form GSTR-11 any time after end of the relevant Quarter.

FAQ’s

Q-1: What is GST Return?
A GST return is a document containing details of income that a taxpayer is required to file with the tax authorities periodically. It includes details of sales, purchases, output GST (tax collected on sales), and input GST (tax paid on purchases).

Q-2: What are the types of GST returns?
There are various types of GST returns such as GSTR-1 (for outward supplies), GSTR-3B (monthly summary return), GSTR-4 (for composition dealers), GSTR-9 (annual return) etc.

Q-3: How to file GST return?
GST return filing can be done online through the GST portal by logging in with valid credentials and filling out the required forms with accurate details of transactions.

Q-4: What is the GST filing process?
The GST filing process involves logging into the GST portal, selecting the appropriate return form, filling in the details, verifying the information and then submitting the return.

Q-5: What is the due date for GST return filing?
The due dates for GST return filing vary depending on the type of return and the turnover of the taxpayer. It's important to check the GST portal or consult with a tax professional for specific due dates.

Q-6: What are the late fees for delayed GST return filing?
Late fees for delayed GST return filing vary based on the type of return and the number of days the return is overdue. There are late fees calculators available online for GSTR-3B, GSTR-1, GSTR-4, etc.

Q-7: What is the inward supply in GST?
Inward supply, also known as purchase or input supply, refers to the goods or services purchased by a taxpayer from a registered supplier within the same state or from outside the state.

Q-8: What are the GST filing charges?
GST filing charges may vary depending on the service provider. Some professionals charge on a monthly basis, while others may have fixed charges per return filing.

Q-9: What is the GST quarterly return due date?
GST quarterly return due dates vary depending on the type of return and the taxpayer's turnover. It's essential to refer to the GST portal or consult with a tax advisor for specific due dates.

Q-10: What is the last date of GST return filing?
The last date for GST return filing varies depending on the type of return and the taxpayer's turnover. It's crucial to check the GST portal or consult with a tax professional for specific deadlines.

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