Keeping in mind the mantra that, ‘ease of tax compliance and ease of doing business’ go hand in hand, the process of filing of returns under GST law is simple and easy. One simple return with auto-populated components not only makes the process smooth but also makes the experience stress free. The ease of compliance is even more for small tax payers.

Gst

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 / or consumers (both B2B 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-state 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: 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 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 15th September 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

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Category : Goods and Services Tax (4583)
Type : Articles (14349)
Tags : goods and services tax (3144) GST (2731)

5 responses to “GST to Make Return filing Easy and Online”

  1. Manoj Gupta says:

    What is the process for opening a GST facilitation centre.

  2. BHAGWAN DASS says:

    when we made payment against import in advance and date of loading of goods in bill of entry dollar rate may high what is the entry in ledger in importer to be made

  3. Vishwas B M says:

    we are dealing in exempted goods (Egg) like buying from outside and selling within state, our business turnover around 1crores ,
    so whether we are liable for registration under GST Act 2017?

  4. paulraj says:

    Sir, I am a contractor for PSU units I am making the invoices yearly 2 or 3 nos only. please explain how to I make my invoices and file returning .My turnover is 15 lakhs per year
    thanking you sir

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