GST Return

List of all the returns to be filed under GST laws with Form description, interval period and the due date –

For regular business

Return Form	Particulars	Interval	Due date
GSTR-1	Details of outward supplies of taxable goods and/or services. It is applicable on taxpayers whose turnover is more than Rs.1.5 crores in previous year	Monthly	10th of the next month
GSTR-2	Details of inward supplies of taxable goods and/or services to claim input tax credit	Monthly	15th of the next month
GSTR-3	Details of outward supplies and inward supplies along with the payment of tax for filing monthly return	Monthly	20th of the next month
GSTR-9	Annual return	Annually	31st December of next financial year
GSTR-3B	Return of the months up to march 2019	Monthly	20th of the next month

Note – If the turnover of the tax payer is less than Rs.1.5 crores in the previous financial year, then he or she has to file quarterly returns via Form GSTR-1.

Using composition scheme –

A dealer using a composition scheme enjoy many benefits such as less returns, few compliances, payment of tax at nominal rates etc. A dealer using composition scheme has to file only 2 returns –

Return Form	Particulars	Interval	Due date
GSTR-4	Return for compounding taxable person	Quarterly	18th of the month succeeding quarter
GSTR-9A	Annual return	Monthly	31st December of the next financial year

Returns filed by certain specific registered dealers -

Return Form	Particulars	Interval	Due date
GSTR-5	Return for Non-resident taxable person	Monthly	20th of the next month
GSTR-5A	Return for Non-resident persons providing OIDAR services	Monthly	20th of the next month
GSTR-6	Return for input service distributor	Monthly	13th of the next month
GSTR-7	Return for authorities deducting tax at source	Monthly	10th of the next month
GSTR-8	Details of supplies effected via e-commerce operator and the collection of the tax amount	Monthly	10th of the next month
GSTR-10	Final return	When registration is cancelled or registered	Within three months from the date of cancellation
GSTR-11	Details of inward supplies to be furnished by a person having UIN and claiming refund	Monthly	28th of the month following the month for which the statement is filed

If you will not file GST return on time, you will be liable to pay late fees as well as interest. A late fee is Rs.100 per day for each - CGST & SGST. It means total fee is Rs.200 per day. Maximum amount of fees for not paying GST return on time is Rs.5000. There is no late fee on IGST.

Interest is 18% per annum calculated on the outstanding amount of the tax payer. The time period runs from the next day of filing to the payment date.