GST Compliance
RETURN
By- Mukesh Rathi Posted On- 27-06-2017 11:49:36
GST to Make Return filing Easy and Online
RETURN FILING DETAILS
Category of Taxpayer |
Details to be given |
From to be used |
Periodicity/Last date |
Aggregate turnover less than Re 20 lakhs |
NIL |
NIL |
NIL |
Aggregate turnover up to Re. 75 lakhs and availing the Composition Scheme |
> Consolidated details of outward supplies made by you during the quarter including that of advances received > Details of supplies received (auto-populated from the GSTR-1 of the supplier) |
FORM GSTR-4 |
Quarterly/18th of the month following the quarter
|
Aggregate turnover more than Rs. 20 lakhs and not availing Composition Scheme but supplying to consumers (only B2C supplies) |
Tax-rate wise summary of all inter-state supplies made |
FORM GSTR-1 |
Monthly/10th of the following month |
Supplies received |
FORM GSTR-2 |
Auto-populated by the computer and only needs to be verified and submitted by 15th of the following month. |
|
Final return |
FORM GSTR-3 |
Auto-populated by the computer and only needs to be verified and submitted by 20th of the following month. |
|
All other suppliers including suppliers to re-sellers and I or consumers (both 525 and/or B2C supplies) |
> Invoice-wise details of all B2B supplies and Inter-state B2C supplies of value above Rs. 2.5 lakh > Tax-rate wise summary of B2C intra-slate supplies > State-wise and tax-rate wise summary of B2C inter-state supplies of value below Rs. 2,5 Lath |
FORM GSTR-1 |
Monthly/10th of the following month |
Supplies received |
FORM GSTR-2 |
Auto-populated by the computer and only needs to be verified and submitted by 15th of the following month. |
|
Final return |
FORM GSTR-3 |
Auto-populated by the computer and only needs to be verified and submitted by 20th of the following month. |
Remarks: Ewen in case where the details of invoice has to be provided, an offline free software utility provided by GSTN can be used during the month, which can automatically convert into return on uploading,
Provisions for first two months of transition
Return filing process has been simplified and a simplified FORM GSTR-3B, containing only summary details, has been provided for all classes of tax payers for acclimatisation of the taxpayers with the new GST tax regime The details are as follows:-
Return for the month of |
GSTR-1 |
GSTR-2 |
GSTR-3B |
July 2017 |
5th September instead oil 10th August |
10th September instead of 15th August |
20th August |
August 2017 |
20th September instead of 10th September |
25th September instead of 15thSeptember |
20th September |
Remarks: Even in case where the details of invoice has to be provided, an offline free software utility provided by GSTN can be used during the month, which can automatically convert into return on uploading,
Provisions for low compliance burden
Law has provided for a low compliance burden on the taxpayers and the government is committed to further lessen the burden by creating:
> Facilitation Centres
> GST Practitioners
> GST Suvidha Providers
> Offline utility for return filing
> Application Interfaces