A. FAQs on New GST Returns Dashboard

FAQs > New Returns Dashboard

1. What is the GST Return Type?

If the return frequency is selected as quarterly, then the taxpayer can change the return type as either Quarterly (Normal), Sahaj or Sugam, based on the types of their transactions. Taxpayer whose aggregate turnover was more than Rs. 5 crores, in the preceding financial year, has to file Monthly (Normal) return.

2. What are the various Return Types?

Return Type When is it Selected? What are you supposed to do? Return Frequency Return Forms
SAHAJ
  • Aggregate turnover during preceding financial year is up to Rs. 5.00 Cr AND
  • Taxpayer is making supplies only to consumers, (B2C) or/and
  • Have inward supplies on which tax is payable on reverse charge basis (RCM)
  • Pay tax liabilities on Monthly basis for first two months of each quarter through Form GST PMT-08, and in the third month, the taxpayer can pay tax and file RET-2
  • Furnish outward supplies details on continuous basis
  • File return on quarterly basis in Form GST RET-2

Note: You cannot claim provisional ITC on missing invoices

Quarterly Form GST RET-2
SUGAM
  • Aggregate turnover during the preceding financial year is up to Rs. 5.00 Cr and
  • Taxpayer is making outward supplies to registered persons (B2B) & supplies to consumers, (B2C) and
  • Have inward supplies on which tax is payable on reverse charge basis (RCM)
  • Pay tax liabilities on Monthly basis for first two months of each quarter through Form GST PMT-08, and in the third month, the taxpayer can pay tax and file RET-3
  • Furnish outward supplies details on continuous basis
  • File return on quarterly basis in Form GST RET-3

Note: You cannot claim provisional ITC on Missing invoices

Quarterly Form GST RET-3
QUARTERLY (NORMAL)
  • Aggregate turnover during the preceding financial year is up to Rs. 5.00 Cr and
  • Taxpayer is making all kinds of supplies, including reverse charge supplies
  • Pay tax liabilities on monthly basis for first two months of each quarter through Form GST PMT-08, and in the third month, the taxpayer can pay tax and file RET-1
  • File return on quarterly basis in Form GST RET-1
Quarterly Form GST RET-1
MONTHLY

(NORMAL)

  • Aggregate turnover during the preceding financial year is greater than Rs. 5.00 Cr and
  • Taxpayer is making all kinds of supplies, including reverse charge supplies
Pay tax and file return on monthly basis in Form GST RET-1 Monthly Form GST RET-1

3. What is the Return Frequency?

The taxpayer can file their returns either monthly or quarterly basis in the New Return regime.

Taxpayer whose aggregate turnover is more than Rs. 5 crores in the preceding financial year may file the monthly return.

Taxpayer whose aggregate turnover is up to Rs. 5 crores in the preceding financial year have option to file return on the quarterly or monthly basis.

The frequency of filing returns may be changed by the taxpayer from monthly to quarterly or vice versa by exercising this option.

4. How can I change the Return Frequency?

To change return frequency, navigate to Returns > Manage Return Profile (Trial) > Change Return Frequency.

5. How can I change the Return Type?

To change return frequency, navigate to Returns > Manage Return Profile (Trial) > Change Return Type.

 

B. Manual on New Returns Dashboard

To change the Return frequency or Return type:

1. Login to the GST Portal. Navigate to ServicesReturnsManage Return Profile (Trial) on the dashboard.

New Returns Dashboard Image 1

2. Select the Financial Year. Then, click theCHANGE RETURN FREQUENCY button to change the return frequency.

New Returns Dashboard Image 2

3. A list of questionnaires is displayed. Select the relevant options to change the return frequency and click SUBMIT.

Note: Click the  icon with the return type to view details about SAHAJ, SUGAM and Quarterly (Normal) returns before making a choice.

New Returns Dashboard Image 3

SAHAJ: Sahaj return may be selected if:

  • Aggregate turnover during the preceding financial year upto Rs. 5.00 Cr AND
  • Make supplies only to consumers, registered persons and unregistered persons (B2C) OR
  • Have inward supplies on which tax is payable on reverse charge basis (RCM)

You will be required to:

  • Pay tax liabilities on Monthly basis in form GST PMT-08.
  • Furnish outward supplies details on continuous basis and cannot claim provisional ITC on Missing invoices.
  • File Return on Quarterly basis in GST RET-2.

SUGAM: Sugam return may be selected if:

  • Aggregate turnover during the preceding financial year upto Rs. 5.00 Cr.
  • Make additional outward supplies apart to consumers, unregistered persons and registered persons.
  • Have additional inward supplies apart form registered and unregistered persons (including reverse charge).

You will be required to:

  • Pay tax liabilities on Monthly basis in form GST PMT-08.
  • Furnish outward supplies details on continuous basis and cannot claim provisional ITC on Missing invoices.
  • File Return on Quarterly basis in GST RET-3.

QUARTERLY: Quarterly return may be selected if:

  • Aggregate turnover during the preceding financial year upto Rs. 5.00 Cr.
  • Make additional outward supplies apart to consumers, unregistered persons and registered persons.
  • Have additional inward supplies apart form registered and unregistered persons (including reverse charge).

You will be required to:

  • Pay tax liabilities on Monthly basis in form GST PMT-08.
  • Furnish outward supplies details on continuous basis and cannot claim provisional ITC on Missing invoices.
  • File Return on Quarterly basis in GST RET-1.

4. Alternatively,if you need help to select your return, use the Click Here link.

New Returns Dashboard Image 4

4a. Select the appropriate options for the questions displayed in the subsequent screen and click Next.

New Returns Dashboard Image 5

4b. Select the relevant responses and click SUBMIT to prepare your dashboard.

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4c. Click YES to continue and return frequency is changed.

New Returns Dashboard Image 7

5. To change the return type, select the Financial Year and click the CHANGE RETURN TYPE button.

New Returns Dashboard Image 8

6. For the selected Financial Year, select the Quarter from the drop-down list and then select the return type check box. Click SUBMIT.

New Returns Dashboard Image 9

7. The return type gets changed. You can go BACK and view the changes on the Manage Return Profile (Trial) page.

New Returns Dashboard Image 10

Also Read-

S. No Particulars
1 All about New GST Returns Dashboard with FAQs
2 All about Online Upload /Download of Form GST ANX-1 JSON File
3 Form GST ANX-1: Annexure of Supplies- FAQs/Manual
4 All about Online Upload and Download of Form GST ANX-2 JSON File
5 Form GST ANX-2: Annexure of Inward Supplies- FAQs/Manual

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