GST Return filing online in Bihar | R K Associates

All registered businesses have to file monthly, quarterly and/or annual GST Returns based on the type of business. In this article, we cover the following topics.

·       What is GST Return?

·       Who should file GST Returns?

·       Types of GST Returns

·       Due Dates to file GST Returns

·       Late Fees for not Filing Return on Time

 

Latest Update:

8th December 2018

CBIC extends due date for filing GSTR-9, GSTR-9A andGSTR-9C from 31st December 2018 till 31st March 2019 for FY 2017-18.

28th November 2018

Due dates for filing GSTR-1, GSTR-3B and GSTR-4 have been extended in those places which were affected by cyclones Till and Gaza:

SlNo.

Return/Form

Extended due date

Taxpayers eligible for extension

1

Form GSTR-3B for September 2018 and October 2018

30th November 2018

Taxpayers whose principal place of business is in the district of Srikakulam in Andhra Pradesh

2

Form GSTR-3B for October 2018

20th December 2018

Taxpayers whose principal place of business is in 11 districts of Tamil Nadu*

3

Form GSTR-1 for September 2018 and October 2018

30th November 2018

Taxpayers having aggregate turnover more than Rs.1.5 crore and whose principal place of business is in the district of Srikakulam in Andhra Pradesh

4

Form GSTR-1 for October 2018

20th December 2018

Taxpayers having aggregate turnover more than Rs. 1.5 crore and whose principal place of business is in the 11 districts of Tamil Nadu*

5

Form GSTR-1 for the quarter July 2018 to September 2018

30th November 2018

Taxpayers having aggregate turnover of up to Rs. 1.5 crore and whose principal place of business is in the district of Srikakulam in Andhra Pradesh

6

Form GSTR-4 for the quarter July 2018 to September 2018

30th November 2018

Taxpayers registered under Composition scheme, whose principal place of business is in the district of Srikakulam in Andhra Pradesh

7

Form GSTR-7 for the month of October 2018

31st January 2019

All taxpayers



*CuddaloreThiruvarurPuddukottaiDindigulNagapatinam, Theni, ThanjavurSivagangai, Tiruchirappalli, Karur and Ramanathapuram.



10th Sept 2018:



1.      Extension of Due date for GSTR-3B only for newly migrated taxpayers for months July 2017 to Nov 2018 till 31st December 2018. The due dates remain unchanged for rest of the taxpayers.

2.      Extension of Due date for GSTR-1 in case of taxpayers with turnover above Rs 1.5 crores in previous FY or Current FY

a.      Regular taxpayers: for months from July 2017 to September 2018 extended till the 31st October 2018.

b.      Newly migrated taxpayers: for months from July 2017 to November 2018 extended till the 31st December 2018.

3.      Extension of Due date for GSTR-1 in case of taxpayers with turnover upto Rs 1.5 crores in previous FY or Current FY

a.     Regular taxpayers:


Quarter

New Due date

July – September 2017

31st October 2018

October – December 2017

31st October 2018

January – March 2018

31st October 2018

April – June 2018

31st October 2018

July – September 2018

31st October 2018

October – December 2018

31st January 2019

January – March 2019

30th April 2019



b.     Newly migrated taxpayers: For all quarters from July 2017 to September 2018 extended till 31st December 2018.

c.     For flood-affected regions of Kodagu, Mahe and Kerala: Above table of dates remain the same except for quarter July 2018 to September 2018 extended till 15th November 2018.


 

4.  Due date of TRAN-1 and TRAN-2 is extended for certain taxpayers who could not complete filing due to tech glitch, to 31st March 2019 and 30th April 2019 respectively

4th Sep 2018:  



1.    Taxpayers who filed GST CMP-04 for opting out of the composite scheme between 2nd March 2018 to 31st March 2018 can declare their ITC claim in Form GST ITC -01 till 3rd of October 2018.

2.    Time limit to file Form GST ITC-04 for the period from July 2017 to June 2018 has been extended till 30th September 2018.

3.    CBIC released formats of GSTR -9 & GSTR -9A.



21st Aug 2018: Due date for filing GSTR – 3B for July 2018 has been extended to 24th August 2018.

Due date for GSTR-6 to be filed by ISD Extended!

 

Due date of GSTR-6 filing for the months from July 2017 to August 2018 is now 30th September 2018. (Notification dated 30th July 2018).



1. What is GST Return?



A return is a document containing details of income which a taxpayer is required to file with the tax administrative authorities. This is used by tax authorities to calculate tax liability.

Under GST, a registered dealer has to file GST returns that include: Purchases

·       Sales

·       Output GST (On sales)

·       Input tax credit (GST paid on purchases)

To file GST returns, GST compliant sales and purchase invoices are required. You can generate GST compliant invoices for free on RKA Tax Bill Book.

2. Who should file GST Returns?

In the GST regime, any regular business has to file two monthly returns and one annual return. This amounts to 26 returns in a year.

The beauty of the system is that one has to manually enter details of one monthly return –GSTR-1. The other return GSTR 3B will get auto-populated by deriving information from GSTR-1 filed by you and your vendors.

There are separate returns required to be filed by special cases such as composition dealers.

3. What are the types of GST Returns?

Here is a list of all the returns to be filed as prescribed under the GST Law along with the due dates.

3.1. Any regular business:

As per the CGST Act (Note: subject to change by Notifications /orders)



Return Form

Particulars

Interval

Due Date

GSTR-1

Details of outward supplies of taxable goods and/or services affected from July 2018 to March 2019 ( Taxpayers whose turnover is more than Rs. 1.5 Crores in previous year)

Monthly*

11th of the next month**

GSTR-2

Details of inward supplies of taxable goods and/or services effected claiming input tax credit.

Monthly*

15th of the next month
(Suspended now )

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.

Monthly*

20th of the next month

GSTR-9

Annual Return

Annually

31st December of next financial year*

GSTR-3B

Return for the months of up to March 2019

Monthly

20th of the next month

 

** Details of outward supplies of taxable goods and/or services affected till June 2018 will be 10th of the next month.

** Taxpayers whose turnover was less than Rs. 1.5 Crores in the previous financial year has the option to file a quarterly GSTR-1 by end of the next month affected July 2018 to March 2019.

3.2. A dealer opting for composition scheme:

 

A composition dealer will enjoy the benefits of lesser returns & compliance along with payment of taxes at nominal rates. A composition dealer will file only 2 returns:


Return Form

Particulars

Interval

Due Date

GSTR-5

Return for Non-Resident foreign 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 through e-commerce operator and the amount of tax collected

Monthly

10th of the next month

GSTR-10

Final Return

Once. When registration is cancelled or surrendered

Within three months of the date of cancellation or date of cancellation order, whichever is later.

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 statement is filed

3.3. Returns to be filed by certain specific registered dealers:

Return Form

Particulars

Interval

Due Date

GSTR-5

Return for Non-Resident foreign 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 through e-commerce operator and the amount of tax collected

Monthly

10th of the next month

GSTR-10

Final Return

Once. When registration is cancelled or surrendered

Within three months of the date of cancellation or date of cancellation order, whichever is later.

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 statement is filed


4. Due Dates to file GST Returns

Due Dates for filing GST Returns can be extended by issuing Orders or Notifications. Here, we have got for you the list of upcoming GST returns due dates that you must not miss!

GSTR-1

For turnover upto Rs 1.5 cr and who opted Quarterly filing



Period

Due dates

Jan- Mar

30th April 2018

Apr-June 2018

31st July 2018

July-Sept 2018

31st Oct 2018



For turnover of more than Rs 1.5 cr/ For turnover of less than 1.5 cr but opted Monthly filing


Period

Due dates

April 2018

31st May 2018

May 2018

10th June 2018

June 2018

10th July 2018

July 2018

10th Aug 2018

Aug 2018

10th Sept 2018

Sept 2018

10th Oct 2018


GSTR-2 and GSTR-3 : filing has been suspended.  Know more about what was discussed on Return filing at 27th GST Council Meeting!

GSTR-3B : has been extended to March 2019.

All businesses have to file GSTR-3B by 20th of next month until March 2019.

Due date for the month September 2018 is 20th October 2018.

GSTR-4 : Due date  for the quarter July 2018 to September 2018 is 18th October 2018

GSTR-5 : Due date for September 2018 is 20th October 2018

GSTR-5A : Due date for September 2018 is 20th October 2018

GSTR-6 : Due date of GSTR-6 for the months from July 2017 to August 2018 is extended to 30th September 2018.

5. Late Fees for not Filing Return on Time

If GST Returns are not filed within time, you will be liable to pay interest and a late fee.

Interest is 18% per annum. It has to be calculated by the taxpayer on the amount of outstanding tax to be paid. The time period will be from the next day of filing to the date of payment.

Late fee is Rs. 50 per day per Act. So, it is 25 under CGST & 25 under SGST. Total will be Rs. 50/day. Maximum is Rs. 5,000. There is no late fee on IGST.

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