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GST return

In India GST laws clarify that, two types of business are happened normally i.e

a) Intra State – When purchase/sales or any services made inside the state between two business houses, that is known as Intra state trade. So Intra State trade follows two GST rule as follows.

  • CGST(Central Goods & Service Tax) : When a seller/purchaser or service provider/Receiver make transaction inside the State, at that time CGST will be charged at the half rate out of total GST & it will collected by Central Government.

  • SGST(State Goods & Service Tax):Similarly as above, When a seller /purchaser or service provider/Receiver make transaction inside the State, at that time SGST will be charged at the half rate out of total GST & but it will collected by respective State Government.


b) Inter State - When purchase/sales or any service made between two states by two business houses, that is known as Intra state trade. In case of Inter State trade GST rule follows the IGST act.

  • IGST (Integrated Goods &Service Tax) : When a seller/purchaser or service provider/Receiver of one State make transaction with another State, at that time IGST will be charged at full rate & it will collected fully by Central Government only. IGST also applicable in case export from India or Import to India.

Late Fees for delay in filling GST return :

If GST Returns are not filed within the stipulated time, it will be liable to pay interest and also late fee.
Interest @ 18% per annum will be charged, on the amount of outstanding tax to be paid .
Total of Rs 200 will be paid towards late fee as Rs 100 under CGST & Rs 100 under SGST. There is no late fee on IGST.
GST Return : GST return means providing detailed information about total purchase, sales, Service received , service provide and also total input tax or output tax for a particular period. It is described as follows.

  • i) GSTR-1 return will shows total outward supplies or sales of goods/services by the taxpayer. It must be filled at 10th date of next month. This return form have the following information:
    • Basic details like Business Name along with GSTIN, period for which the return is being filed etc.

    • Details of invoices issued in the previous month and the corresponding taxes to be paid.

    • Details of advances received against a supply which has to be made in future.

    • Details of revision in relation to outward sales invoices pertaining to previous tax periods.

  • ii) GSTR-2 will filling towards purchase or inward supplies of goods/services. It will be filled up to 15th date of the next month. GSTR-2 can be auto drafted by suppliers , it means your supplier must filled against your GSTIN no.

  • iii) GSTR-3 is the summary of total Inward of goods/services as mentioned in GSTR-2, which will be compared against GSTR-1 which shows that Outwards of goods/services. It will be positively filled in 20th of next month with GST paid in challan or input taken.

  • iv) GSTR-4 return must be filed by registered taxpayer, under the GST composition scheme. It is a quarterly return that is due on the 18th date of every quarter. Those business has turnover below 1.5 cr, they can avail composition scheme.

  • v) GSTR-5 return must be filed by registered dealer under GST as a non-resident taxable person. The due date of filling GSTR-5 is 20th date of next month.

  • vi) GSTR-6 return must be filed by registered dealer under GST as an input service distributor. GSTR-6 return is due on the 13th date of next month.

  • vii) GSTR-7 return must be filed by dealer those are eligible to deduct tax at source (GST TDS). GST laws state that, certain government agencies are required to deduct tax at source after obtaining GST registration. So GSTR-7 is meant for those entities having TDS registration under GST. The due date of filling is 10th of next month.

  • viii) GSTR-8 return must be filed by E-commerce operators those are required to collect tax at source. Hence an e-commerce venture must register for TCS (Tax collected at source) and filed GSTR-8 return by 10th of next month

  • ix) GSTR-9 is the annual return, which must be filed by all registered taxpayers. Details of total annual transactions will be filled in GSTR - 9 and also it must be audited if the business has a turnover of more than Rs.2 cr. The filling due date is on or before 31st of December.

GSTR 3 B RETURN:

In order to furnish the return GSTR 3 B , first click on the log in button.

Then put the user-id & pass word option.

GST Service

There after click on service button & entered in to Returns option.

Continue To DashBoard:

There after above Table should be arise, then click on OK button in order to entered in to Return function.

Fill Nill Return

After entered, above table option should be fill-up as per the necessity activities of the business. e.g If Business have nil transaction, then click on Yes button or if supply of goods or services incurred , then click on also Yes button.

Accordingly return table should be arise, which may be filled for return.

  • Above table should be arise in order to fill up the transaction, as If any supply made during the period should be filled in 3.1 as Tax on outward and reverse charge inward supplies.

  • Then if any supply made between interstate, then it must be filled in 3.2 column.

  • The next part should be arise Input Tax Carry forward (ITC), which must be fill up in column no.4 . It means when business purchase of good & services happened, at that time Input GST must be paid which will be carry forward/ adjust against sales.

  • The next column no. 5 should be arise for exempted/ non-gst goods & services.

  • Then column no. 5.1 should be filled for Interest and late fees if any.

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