GST Return

GST Return

A return is a document that a taxpayer is required to file as per the law with the tax administrative authorities. Under the GST  law, a normal taxpayer will be required to furnish three returns monthly and one annual return. Similarly, there are separate returns for a taxpayer registered under the composition scheme, taxpayer registered as an Input Service Distributor, a person liable to deduct or collect the tax (TDS/TCS).

What Are the Returns Applicable Under GST?

In the table below, we have provided details of all the returns which are required to be filed under the GST Law.

Return Form What to file? By Whom? By When? GSTR -1 Details of outward supplies of taxable goods and/or services effected Registered Taxable Supplier 10th of the next month GSTR-2 Details of inward supplies of taxable goods and/or services effected claiming input tax credit. Registered Taxable Recipient 15th of the next month GSTR-3 Monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of amount of tax. Registered Taxable Person 20th of the next month GSTR-4 Quarterly return for compounding taxable person. Composition Supplier 18th of the month succeeding quarter GSTR-5 Return for Non-Resident foreign taxable person Non-Resident Taxable Person 20th of the next month GSTR-6 Return for Input Service Distributor Input Service Distributor 13th of the next month GSTR-7 Return for authorities deducting tax at source. Tax Deductor 10th of the next month GSTR-8 Details of supplies effected through e-commerce operator and the amount of tax collected E-commerce Operator/Tax Collector 10th of the next month GSTR-9 Annual Return Registered Taxable Person 31st December of next financial year GSTR-10 Final Return Taxable person whose registration has been surrendered or cancelled. Within three months of the date of cancellation or date of cancellation order, whichever is later. GSTR-11 Details of inward supplies to be furnished by a person having UIN Person having UIN and claiming refund 28th of the month following the month for which statement is filed