Return Filing
Types of GST Return
| Return Form | Particulars | Frequency |
| GSTR-1 | Details of outward supplies of goods and services | Monthly/ Quarterly |
| GSTR-2 (Not Active) | Details of inward supplies of goods and services affected | Monthly |
| GSTR-3 (Not Active) | Monthly return, in the case of finalization of details of outward supplies and inward supplies along with the payment of tax. | Monthly |
| GSTR-3B | It is a simple return in which the summary of outward supplies along with Input Tax Credit is declared and payment of tax is affected by the taxpayer. | Monthly / Quarterly |
| GSTR-4 | For all the taxable person registered under the composition levy | Quarterly |
| GSTR-5 | Returns for a non-resident foreign taxable person | Monthly |
| GSTR-6 | Returns for an input service distributor | Monthly |
| GSTR-7 | Returns for authorities deducting TDS | Monthly |
| GSTR-8 | Details of supplies effected through the e-commerce operator and the amount of tax collected | Monthly |
| GSTR-9 | Annual return for a normal taxpayer | Annually |
| GSTR-9A | Annual return of a taxpayer registered under the composition levy anytime during the year | Annually |
| GSTR-10 | Final return | Only once, when GST registration is cancelled or surrendered |
| GSTR-11 | Details of inward supplies to be furnished by a person having UIN and claiming a refund | Monthly |
Benefit of Timely Return Filing
- Timely compliance means better proper utilization of ITC
- Saves Penalty and Interest for Late Filings
- Improve Creditworthiness
- Helps in Analyzing the Operational Projections
Procedure of Return Filing?
Fill Enquiry
Form
Associate will call
and discuss in length.
Make
Payment
Complete Documentation
& Requirements
Registration
Complete
Why Palankarta?
Palankarta gives an end-to-end service for GST, return, documentation and filing. The solution to all your questions and concerns of GST.
Experienced Financial
Professionals
Deliver Service
on Time
Cost
Effective
Assured Customer
Satisfaction
No Hidden
Fees / Charges.
Frequently Asked Questions
FAQ
General Questions
Who register on GST Portal is known as registered dealer, This can be regular dealer or composition dealer.
In GST There are two types of dealer.
- Regular dealer is who can utilise tax paid by him and can transfer Input tax through tax invoice to recipient of goods or services.
- Composition dealer is also registered dealer but these dealercan not enjoy utilisation of Input tax if any paid by them also they cannot recover GST from receipent of goods.
When a registered dealer furnishes the detail of his outward supplies in GSTR-1 the same are reflected in GSTR-2A of his Buyer party.
It is a return that is to be filed after finalising outward supplies and inward supplies
- GSTR-1 is to be filed on or before 10th of the succeeding month
- GSTR-3B is to be filed on or before 20th of the succeeding month
- GSTR-9 (annual return) is to be filed 31st December of the subsequent year
- Yes, a NRI who is a taxable assessee is liable to file GST Return – GSTR-5