GSTR-2A: GSTR-2A is a monthly return that is automatically generated by the GST portal on the basis of the purchase details (i.e., outward supplies) reported by your suppliers in their GSTR-1 returns. It provides you with a summary of all the inward supplies that you have received during the month, along with the details of the GST liability on those supplies.
GSTR-9C: GSTR-9C is a reconciliation statement and certification form that must be filed by all registered taxpayers under GST whose turnover during a financial year exceeds the prescribed limit of Rs. 5 crore. It is a summary of all the GST returns filed by the taxpayer during the financial year, and it is used to reconcile the taxpayer’s GST liability with the government’s records.
GSTR-3B: GSTR-3B is a monthly return that must be filed by all registered taxpayers under GST. It is a summary of the taxpayer’s outward and inward supplies, input tax credit (ITC) availed, and GST liability for the month.
GSTR-1: GSTR-1 is a detailed return that must be filed by all registered taxpayers under GST whose turnover exceeds Rs. 1.5 crore in a month. It contains detailed information about the taxpayer’s outward and inward supplies during the month.
GSTR-6: GSTR-6 is a return that must be filed by all registered taxpayers under GST who claim ITC. It contains detailed information about the taxpayer’s ITC claims during the month.
GSTR-9: GSTR-9 is an annual return that must be filed by all registered taxpayers under GST except a handful. It is a summary of all outward supplies, inward supplies, tax liability, and input tax credit availed during a financial year.
GSTR-7: GSTR-7 is a return that must be filed by all registered taxpayers under GST who deduct tax at source (TDS) or collect tax at source (TCS). It contains detailed information about the TDS/TCS deducted or collected during the month.
GST Software: GST software is used by taxpayers to file their GST returns and to manage their GST compliance. There are many different GST software products available, and taxpayers should choose one that is suitable for their needs and budget.
GST Return Filing: GST returns can be filed online on the GST portal. Taxpayers must create an account on the GST portal and then use their login credentials to file their returns.
Here are some tips for filing GST returns:
- Make sure that you have all the required documents and information before you start filing your return.
- Be accurate and complete when filling in the return form.
- Review your return carefully before submitting it.
- Submit your return on time to avoid late fees and penalties.
If you have any questions or difficulties with filing your GST returns, you can contact the GST Helpdesk for assistance.
Which GST return should you file?
The type of GST return that you need to file depends on your turnover and the type of supplies that you make. The following table provides a summary of the different GST returns and their due dates:
GST Return
Turnover Limit
Due Date
GSTR-1
More than Rs. 1.5 crore in a month
10th of the next month
GSTR-3B
All registered taxpayers
20th of the next month
GSTR-6
All registered taxpayers who claim ITC
15th of the next month
GSTR-7
All registered taxpayers who deduct tax at source (TDS) or collect tax at source (TCS)
10th of the next month
GSTR-9
All registered taxpayers except a handful
31st of December following the end of the financial year
GSTR-9C
All registered taxpayers whose turnover during a financial year exceeds Rs. 5 crore
31st of December following the end of the financial year
Conclusion
GST returns are an important part of GST compliance. Taxpayers must ensure that they file the correct returns on time to avoid late fees and penalties. GST software can be used to simplify the GST return filing process.
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