- Output GST (On sales)
- Input tax credit (GST paid on purchases)
To file GST returns, GST compliant sales and purchase invoices are required.
Under the GST regime, GST registration holder are required to file GSTR-1 (details of outward supplies) on the 10th of each month, GSTR-2 (details of inward supplies) on the 15th of each month and GSTR-3 (monthly return) on the 25th of each month. Dealers registered under the GST composition scheme are required to file GSTR-4 every quarter, on 18th of the month next to the quarter. Finally, annual GST return must be filed by all GST registered entities on/before the 31st of December. The due dates for the GST return due in July, August and September are different from the normal schedule to help the taxpayers and GSTN network ensure a smooth GST rollout.
Due Dates of GSTR Filing:
|Return Form||Particular||Due Date||Person Required to File|
|GSTR – 1||GSTR1 or return of outward supplies must be filed by all taxpayers having regular GST registration. The due date for filing GSTR1 return is the 10th of every month. For July, September and October, the GST return due dates are different from the normal schedule.||10th of the next month||All Registered Persons|
|GSTR – 2||GSTR2 or return of inward supplies must be filed by all taxpayers having regular GST registration. The due date for filing GSTR 2 return is the 15th of every month. For July, September and October, GSTR2 return due dates are different from the normal schedule.||15th of the next month||All Registered Persons|
|GSTR – 3||GSTR3 or monthly GST return must be filed by a taxpayer after filing GSTR1 and GSTR2 return. GSTR3 is due on the 20th of every month. For July, September and October, GSTR2 return due dates are different from the normal schedule.||20th of the next month||All Registered Persons|
|GSTR – 4||GSTR4 return must be filed by taxpayer registered under the GST composition scheme. GSTR4 is a quarterly return that is due on the 18th of October, January, April and July.||18th April, July, October, and January||Persons Registered under Composition Scheme|
|GSTR – 5||GSTR5 return must be filed by persons registered under GST as a non-resident taxable person. GSTR5 is due on the 20th of every month.||20th every month and Within 7 Days after expiry of registration||Non – Resident Taxable Persons|
|GSTR – 6||GSTR6 return must be filed by persons registered under GST as an input service distributor. GSTR6 return is due on the 13th of every month.||13th of Every Month||Input Service Distributors|
|GSTR – 7||GSTR7 return must be filed by all taxpayers required to deduct tax at source (GST TDS). Under GST, only certain government agencies are required to deduct tax at source after obtaining registration. Hence, GSTR7 is due only for those entities having GST TDS registration. GSTR7 is due on the 10th of every month.||10th of Every Month||Authorities deducting Tax at Source|
|GSTR – 8||GSTR8 return must be filed by taxpayers required to collect tax at source. E-commerce operators are required to collect tax at source. Hence, any persons operating an e-commerce venture must register for TCS, collect tax at source and file GSTR8 return before the 10th of every month.||10th of Every Month||E-Commerce Operators|
|GSTR – 9||GSTR9 is GST annual return that must be filed by all regular taxpayers. Details submitted with GSTR9 must be audited if the entity has a turnover of more than Rs.2 crores. GSTR9 is due on or before the 31st of December.||31st December of next financial year||Registered Persons|
|GSTR – 10||GSTR10 return must be filed by any person whose GST registration has been cancelled or surrendered. GSTR10 must be filed within 3 months of the date of cancellation order or surrender.||Within 3 Months of Cancellation of GST Registration||Registered Persons with Surrendered or Cancelled GST Registration|
|GST 3B||Provisional return for the months of July 2017 to March 2018||20th of the next month||Registered Persons|
23rd GST Council Meet on 10th November 2017
- GSTR-3B has been extended to March 2018
- All businesses to file GSTR-3B by 20th of next month till March 2018.
- All businesses to file GSTR-1 and GSTR-3B till March 2018.
- GSTR-2 and GSTR-3 filing dates for July 2017 to March 2018 will be worked out later by a Committee of Officers
- Turnover under Rs 1.5 Cr to file quarterly GSTR-1
- Turnover above Rs 1.5 Cr to file monthly GSTR-1
Due dates of filing GSTR-3B
|Month||Last Date for filing GSTR-3B|
|1-Aug-17||20th September 2017|
|1-Sep-17||20th October 2017|
|1-Oct-17||20th November 2017|
|1-Nov-17||20th December 2017|
|1-Dec-17||20th January 2018|
|1-Jan-18||20th February 2018|
|1-Feb-18||20th March 2018|
|1-Mar-18||20th April 2018|
- Tax liability of GSTR-3B must be paid by the last date of filing for that month.
Extension of GSTR-1 filing Due Dates
For turnover upto Rs 1.5 cr
|Period (Quarterly)||Due Dates|
|July- Sept||31st Dec 2017|
|Oct- Dec||15th Feb 2018|
|Jan- Mar||30th April 2018|
For turnover of more than Rs 1.5 cr
|July to Oct||31st Dec 2017|
|Nov||10th Jan 2018|
|Dec||10th Feb 2018|
|Jan||10th Mar 2018|
|Feb||10th Apr 2018|
|March||10th May 2018|
Timelines for filing of GSTR-2 and GSTR-3 for July to March 2018 to be worked out by Committee of Officers. However, subsequent month filing of GSTR-1 will not be impacted.
Late fee & Interest
- Interest is 18% per annum. It has to be calculated by the tax payer on the amount of outstanding tax to be paid. Time period will be from the next day of filing to the date of payment.
- Late fee is Rs. 100 per day per Act. So it is 100 under CGST & 100 under SGST. Total will be Rs. 200/day. Maximum is Rs. 5,000. There is no late fee on IGST.
- For delayed filing of NIL returns, late fee reduced from Rs 200 per day to Rs 20 per day.
Late fees for GSTR-3B of July, Aug and Sept waived. Any late fees paid for these months will be credited back in Electronic Cash Ledger under ‘Tax’ and can be utilized to make GST payments.