Learn how To File GST Return Online | Academy Tax4wealth

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GST Return- How to File GST Return? Who should
File, Due Dates, Types of GST Return
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• Beginning in the year 2000, India's Goods and
  Services Tax (GST) journey took 17 years to
  develop into a fully-fledged GST statute that
  went into effect on July 1, 2017. The
  introduction of GST has broadened India's tax
  base and eliminated the cascading impact of tax
  on the sale of goods and services .
• While it is simpler for companies to comprehend
  the benefits of the GST law in India, many of
  them frequently encounter difficulties when
  completing GST returns. Because there are many
  GST returns that taxpayers must submit depending
  on the sort of business they operate, this is the
  case.
• In this article, we'll go into detail on several
  GST return filing-related topics, such as the
  numerous forms available, the GST filing process,
  and more. Let's begin with the fundamentals.
• How to File GST Return? Learn more about the many
  forms of GST returns, who needs to file them,
  the process step-by-step, the deadline, how to
  download, etc.
• Click here GST Return Filing Course With
  Practical Examples What is a GST return?
• A GST return is a tax form that must be filed
  with the government by GST- registered taxpayers
  and includes information about their income,
  sales, and related purchases and costs. This
  return is used by the tax authorities to
  calculate their net tax liability.
• A GST-registered dealer must understand the
  requirements for accurately completing GST
  returns, which generally include
• Sales
• Purchases
• Output GST on sales
• Input Tax Credit, and more (tax paid on
  purchases)
• In addition, regulations regarding the filing of
  GST returns apply to seven different categories
  of taxpayers, including
• Composition of taxable people

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• Typical taxpayers
• Taxpayers who are not locals
• Deductors of TDS
• An occasional taxpayer
• Input service provider
• Online merchants
• You should also be aware that GST returns must be
  filed on a monthly, quarterly, or yearly basis.
• GST Return Filing Process 9 Steps
• By completing the nine-step procedure outlined
  below, an individual can submit a GST return
  online
• Make sure that you or your company is registered
  for GST and that you have the 15-digit GSTIN,
  which is based on your PAN and state code, on
  hand. Before filing your GST return, if you
  don't already have a GSTIN, register for one.
• Click "Services" on the GST portal's home page.
• Select the financial year and return filing
  period from the drop-down box after clicking on
  the "returns dashboard."
• Click "Prepare Online" after selecting the return
  you wish to file.
• Enter the needed information, including the sum
  (along with the late fee if applicable)
• Save the information you've entered, and then
  press the "Submit" button at the bottom of the
  page to file your GST return.
• Following the change in the GST return filing
  status to "Submitted," scroll down and choose
  "Payment of Tax."
• Before you pay tax for each head, click "Check
  Balance" to view your cash and credit balances.

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Penalty for filing GST filings late A taxpayer
will be required to pay a late charge and
interest if the GST return is not filed within
the allotted time frame. The outstanding tax
balance is subject to interest at the rate of
18 annually in this case. Additionally, there is
a Rs. 100 late fee for CGST and SGST, for a
total of Rs. 200 each day. Different GST return
types There are a total of 22 different types of
GST returns 11 of them are current, 8 are for
view-only, and 3 are suspended. To know how to
file GST returns online, the taxpayer must first
choose the appropriate type based on the GST
registration that is being completed. Brief
descriptions of the various GST return form types
may be found in the table below
GST Return Form About GST Return Filing Frequency
GSTR-1 Covers details of the outward supplies of taxable goods/services Monthly Quarterly (under the QRMP scheme)
GSTR-2A (View only) Covers details of purchases made (inward supplies) in a specific month NA
GSTR-2B (View only) Contains ITC (Input Tax Credit) data for a particular return period NA
GSTR-3B Contains a summary of the outgoing supplies, the ITC claimed, and the tax paid. Monthly Quarterly (under the QRMP scheme)
CMP-08 Refers to the statement-cum-challan used for making a tax payment by Quarterly
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taxpayers registered under the composition scheme (section 10 of the CGST Act)
GSTR-4 The annual return that taxable persons are required to submit under the composition scheme. Annual
GSTR-5 GST returns to be filed by a non- resident foreign taxable person Monthly
GSTR-5A A list of the outgoing taxable supplies and the tax that OIDAR service providers must pay Monthly
GSTR-6 Input Service Distributor (ISD) returns must be filed to give qualified ITCs to their branches. Monthly
GSTR-7 GSTR returns are to be filed by registered individuals deducting TDS Monthly
GSTR-8 The e-commerce operators had to file a return form under the GST system Monthly
GSTR-9 Annual return to be filed by a regular taxpayer Annually
GSTR-9C All taxpayers registered under the GST system and having a yearly revenue of more than Rs. 2 crores must file a self-certified statement. Annually
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GSTR-10 Return to be filed by a taxpayer whose GST registration was either canceled or surrendered Once, at the time of cancelation or surrender of GST registration
GSTR-11 Details of inward supplies to be furnished by an individual having a UIN to claim a refund Monthly

• How do I download the GST returns form?
• The methods for downloading forms to file a GST
  return are listed below
• Go to the GST website.
• Select Service gt Returns gt Return dashboard.
• After choosing the month or year, click "Prepare
  Offline."
• Select "Download" from the menu, and then create
  a file.
• Download the needed return form from the ZIP
  file.
• How to verify the status of filing a GST return?
• The procedures listed below can be used to verify
  the status of your GST return filing online
• v. Log on to https//www.gst.gov.in to access the
  GST portal.
• v. After entering your login information, select
  Service gt Returns gt Track Return Status.
• v. From the drop-down menu, choose "Status of
  Return".\
• v. To examine the status of the return, which
  might be TO BE FILED, FILED - VALID, FILED
• - INVALID, etc., click Search.
• Deadlines for submitting your GST return
• The GST return filing deadlines for various
  return form types are shown below

GST Return Form Due Date
GSTR-1 11th of the next month (monthly) / 13th of the month after every quarter
GSTR-3B 20th of the next month / 22nd or 24th of the next month succeeding the quarter
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GSTR-4 30th of the next month succeeding a financial year
GSTR-5 20th of the next month
GSTR-5A 20th of the next month
GSTR-6 13th of the next month
GSTR-7 10th of the next month
GSTR-8 10th of the next month
GSTR-9 Dec 31st of the next financial year
GSTR-9C Dec 31st of the next financial year
GSTR-10 Within 3 months of the date of cancellation
GSTR-11 28th of the month following the month for which a taxpayer files the statement
FAQs-GST Return Filing How can a GST return be
filed online? To submit GST returns online, many
return forms must be filled out. You may also
get assistance from a tax expert to comprehend
the procedure and complete everything on time.
For further information, read the above-mentioned
instructions. Do I have to pay GST
monthly? All taxpayers, including those who have
chosen the QRMP system, are required to pay GST
each month. Small company owners who have an
annual turnover of
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less than Rs. 1.5 crore (manufacturers/dealers)
or Rs. 50 lakhs (service providers) may choose
the composition plan under GST. Can I make
changes to the GST return that was previously
submitted? There is no process for GST return
revisions. The current month's return and
interest, if any, should include all unreported
invoices from the prior tax period . What is the
consequence of failing to file GST returns? The
GST department will keep track of every
non-filer. The relevant authorities will get a
list of people who failed to file their GST
returns on time for follow-up and enforcement
action. In addition to this, the GST legislation
mandates the implementation of late costs for
both late and non-filers. Who doesn't have to
submit the GSTR-1? Non-resident taxpayers, Input
Service Distributors, composition scheme
taxpayers, and online merchants who deduct TCS
are exempt from filing GSTR -1. Who needs to
submit a nil GSTR-1? If a taxpayer or dealer has
no commercial activity (no sales) during a month
or quarter, they are required to file a Nil
GSTR-1.