Types of GST Returns

For properly updating the invoices, Indian taxpayers and businesses have to file certain returns with the Government. These returns have to be mandatorily filed as any non-compliance towards the same may lead to disallowance of input tax credit, apart from attracting penalties and interests, etc. Proper filing of information and passing the same in the returns is a mandatory process for smooth flow of credit to the last recipient.The returns have been designed so that all transactions are in sync with each other and that no transaction is left unattended between the buyer and the seller. The tale starts from GSTR-1. All the data is stored in GSTN, which can be accessed by the users/taxpayers anytime online

S.No      Return           Particulars

1.          GSTR-1            Details of outward supplies of taxable goods or services or both effected

2.          GSTR-2            Details of inward supplies of taxable goods or services or both claiming input tax             credit

3            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

4           GSTR-4            Quarterly Return for compounding taxable persons

5           GSTR-5            Return for Non-Resident foreign taxable persons

6           GSTR-6            Input Service Distributor return

7           GSTR-7            Return for authorities deducting tax at source

8           GSTR-8            Details of supplies effected through e-commerce operator and the amount of tax collected as required under sub-section (52)

9           GSTR-9             Annual Return

10         GSTR-9A          Simplified Annual return by Compounding taxable persons registered under section 10

Who is required to furnish the return?

GSTR 1: Registered person shall be required to submit details of outward supplies other than the following registered person              

v  Input Service Distributor         

v  Non-Resident Taxable Person               

v  Person paying tax under section 10 i.e. person opting for Composition Levy   

v  Person required to deduct tax at source i.e. person paying tax under section 51              

v  Person required to collect tax at source i.e. person paying tax under section 52

GSTR 2:  Registered person shall be required to submit details of Inward supplies other than the following registered persons:

v  Input service distributor

v  Non-Resident  Taxable person

v  Person paying tax under section 10 i.e. person opting for Composition Levy

v  Person required to deduct tax at source i.e. person paying tax under section 51.

v  Person required to collect tax at source i.e. person paying tax under section 52

GSTR 3: Registered person shall be required to submit return in from GSTR-3, barring the following registered persons      

v  Input service distributor        

v  Non-Resident  Taxable person                                        

v  Person paying tax under section 10 i.e. person opting for Composition Levy   

v  Person required to deduct tax at source i.e. person paying tax under section 51.                              Person required to collect tax at source i.e. person paying tax under section 52

 GSTR 4: Registered person paying tax under section 10 i.e. person paying composition levy in lieu of tax

GSTR 5:  Registered Non-Resident Taxable person

GSTR 6:  Taxable person registered as Input Service Distributor

STR 7:  Registered person required to deduct tax under section 51

GSTR 9/9A:  Registered person shall be required to submit Annual return other than the following registered person                                        

v    Input Service Distributor        

v    Non-Resident Taxable person

v    Person required to deduct tax at source i.e. Person paying tax under section 51                             Person required to collect tax at source i.e. person paying

Due Date for Submission of Return:

GSTR 1: On or before the 10th day of the month succeeding the said tax period

GSTR 2: After the tenth but on or before the fifteenth day of the month succeeding the tax period

GSTR 3: On or before twentieth day of the month succeeding such calendar month or part thereof

GSTR 4: Eighteen days after the end of such quarter

GSTR 5: Twenty days after the end of a calendar month or within seven days after the last day of the period of registration, whichever is earlier

GSTR 6: Thirteen days after the end of such month

GSTR 7: Ten days after the end of such month

GSTR 9/9A: On or before the thirty first day of December following the end of such financial year.