New GST Returns – Amendments Applicable From April 2020

	OLD Return	New Return
Taxpayer	If turnover is up to Rs 1.5 crore in the preceding financial year Taxpayers Shall considered as small.	If turnover is up to Rs 5 crore in the preceding financial year Taxpayers Shall considered as small.
Returns	GSTR – 1,3B,4,5,6,7	RET- 1, 2, 3
Invoice Uploading	Revenue invoices can be uploaded only at the time of filing of returns of outward supplies	A mechanism for the continuous upload of revenue invoices on a real-time basis
Input	Input tax credit could be claimed on a self-declaration basis	Input tax credit can be claimed based on invoices uploaded by the supplier
Missing Invoice	Missing invoices and amendments, if any, could only be made in the return of the following tax period	Missing invoices and amendments, if any, can be made by filing an Amendment Return
Return Till	Taxpayers have to file GST returns until their registration has been cancelled, even if an application for cancellation of registration has been submitted	Registration will now be suspended, in cases where a taxpayer has applied for cancellation of registration, and returns will not need to be filed for this period

Particulars	Normal (RET-1)	Sahaj (RET2)	SUGAM (RET-3)
Applicable (Turnover)	More Than 5 Cr (mandatory) Upto 5 Cr (Optional)	Upto 5 Cr (Optional)	Upto 5 Cr (Optional)
Period	Qtrly /Monthly	Qtly	Qtrly
Details of Supply Covered
B2B	YES	No	YES
B2C	YES	Yes	YES
Export	YES	No	No
SEZ Unit	YES	No	No
Deemand Export	YES	No	No
Supply to E Commerce	YES	No	No
Nil Rate/ Exempt /Non GST	Yes (Declaration)	Yes	Yes
Types of Inward Supplies Covered
RCM	YES	Y	Y
Import Service/ Goods	YES	N	N
Import From SEZ	YES	N	N
Credit of Missing Invoice & ISD
Missing Invoice Credit	YES	NO	NO
ISD Credit Receive	YES	NO	NO
HSN Code
On Basis of Turnover	>5 Cr, in Export, Import and SEZ Mandatory <=5 Optional	Optional	Optional
NIL Return By SMS
NIL Return By SMS	YES	YES	YES

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