Nagarjuna Reddy V

FPB1921/020
SEC - A (Learning group 1)

Return : The term Return means statement of information (Facts) furnished by the tax
payer to tax administartion at regular intervals.

What is GST Return :

A return is a document containing details of income which a taxpayer is required
Return
to file with the tax administrative authorities. This is used by tax authorities to
calculate tax liability.
Under GST a register dealer  has to file GST returns that include:
Purchases
Sales
Output GST (On sales)
Input tax credit (GST paid on purchases) GSTR -1

Modes of filing returns

All the returns are to be filled in online
GSTN portal (www.gst.gov.in)
Offline utilities Provided by GSTN
GST suvidhan Providers (GSPs)

Revision of Returns : GSTR - 3B

1.There is no mechanisam of filing return for any corrections of errrors/
modifications

2. The rectifications of errors / ommisions is allowed in subsequent returns.

3. However rectification is not allowed after the due date for furnishing the return GSTR - 4
for the month of september following the end of the financial year to which such
detsils pertain or furnishing the relevant annual return , whichever is earlier .

Late fee for delaying filing of return

1. An registered person who fails to furnish statements ,return u/s 39 and final returns by GSTR -5
the due dates is liable to pay a late fee of Rs 100 per day , subjected to a maximum of Rs
5000 under the CGST Act .

2. Any registerd person who fails to furnish annual return by the due dates is liable to pay
a late fee of Rs 100 per day , subject to a maximum of 0.25% of his turnover in the
statement/unioin territory under the CGST Act .

GSTR -9

GSTR - 10
List of statements or returns under GST

Description Who files Date of filing

Registered person
with annual
monthly statement of outward aggregator turnover
supplies of goods and /or services greater than 1.5 crore 10th of the next month

Registered person
with annual
Quaterly statement of outward aggregator turnover 10th of the month sucedding the
supplies of goods and /or services greater than 1.5 crore quarter

Monthly return for a normal

taxpayer Registered person 20th of the next month

Registered person
paying tax under
Return for a financial year composistion scheme. 30th April of next financial year

20th of next month or with in 7

Registered non tax days after expiry of registration ,
Monthly return resident taxpayer which is earlier

Registered person
other than ISD , tax
deductor/ tax
collector , casual
taxable person and a
non resident tax payer 31st december of next financial
Annual return . year.

Taxable person whose

registration has been with in 3 months of cancilation or
surrounded or date of canciliation , whichever is
Final return cancelled earlier .