D:New folder

RETURN

By- Mukesh Rathi Posted On- 27-06-2017 11:49:36



GST to Make Return filing Easy and Online

 

RETURN FILING DETAILS

Category of Taxpayer

Details to be given

From to be used

Periodicity/Last date

Aggregate turnover less than Re 20 lakhs

NIL

NIL

NIL

Aggregate turnover up to Re. 75 lakhs and availing the Composition Scheme

> Consolidated details of outward supplies made by you during the quarter including that of advances received

> Details of supplies received (auto-populated from the GSTR-1 of the supplier)

FORM GSTR-4

Quarterly/18th of the month following the quarter

 

Aggregate turnover more than Rs. 20 lakhs and not availing Composition Scheme but supplying to consumers (only B2C supplies)

Tax-rate wise summary of all inter-state supplies made

FORM GSTR-1

Monthly/10th of the following month

Supplies received

FORM GSTR-2

Auto-populated by the computer and only needs to be verified and submitted by 15th of the following  month.

Final return

FORM GSTR-3

Auto-populated by the computer and only needs to be verified and submitted by 20th of the following  month.

All other suppliers including suppliers to re-sellers and I or consumers (both 525 and/or B2C supplies)

> Invoice-wise details of all B2B supplies and Inter-state B2C supplies of value above Rs. 2.5 lakh

> Tax-rate wise summary of B2C intra-slate supplies

> State-wise and tax-rate wise summary of B2C inter-state supplies of value below Rs. 2,5 Lath

FORM GSTR-1

Monthly/10th of the following month

Supplies received

FORM GSTR-2

Auto-populated by the computer and only needs to be verified and submitted by 15th of the following  month.

Final return

FORM GSTR-3

Auto-populated by the computer and only needs to be verified and submitted by 20th of the following  month.

Remarks: Ewen in case where the details of invoice has to be provided, an offline free software utility provided by GSTN can be used during the month, which can automatically convert into return on uploading,

Provisions for first two months of transition

Return filing process has been simplified and a simplified FORM GSTR-3B, containing only summary details, has been provided for all classes of tax payers for acclimatisation of the taxpayers with the new GST tax regime The details are as follows:-

Return for the month of 

GSTR-1

GSTR-2

GSTR-3B

July 2017

5th September instead oil 10th August

10th September instead of 15th August

20th August

August 2017

20th September instead of 10th September

25th September instead of 15thSeptember

20th September

Remarks: Even in case where the details of invoice has to be provided, an offline free software utility provided by GSTN can be used during the month, which can automatically convert into return on uploading,

Provisions for low compliance burden

Law has provided for a low compliance burden on the taxpayers and the government is committed to further lessen the burden by creating:

> Facilitation Centres

> GST Practitioners

> GST Suvidha Providers

> Offline utility for return filing

> Application Interfaces

 

Script Developed by by Codemind Technologies
<