WHAT IS GST RETURN FILING? WHO SHOULD FILE AND THE DUE DATES FOR GST ANNUAL RETURN

GST Return Filing refers to various returns to be filed under the GST Regime. Through these GST Returns the taxpayer intimates to the GST department Summary of his Sales and Purchases during the month. Well, it is a document that states details of the taxpayer, the sales made by the Business, the Output tax and the Input Tax Credit claim (on purchases). This acts as the basis of calculating tax liability payable.

Who should file GST Annual Return?

All Registered taxpayers have to file GST returns as per the Due dates specified by the GST Department. Commonly Business owners have to file 2 GST returns monthly (GSTR-1, GSTR-3B) and an annual return annually (GSTR-9/9C). 

Due dates for GST Return Filing:

GST Return Form Name Description Filing Period Due Dates
GSTR 1 Annual Turnover of more than 1.5 crores in the previous financial year Monthly (December 2020) 11th January 2021
GSTR 1 Annual Turnover upto Rs 1.5 crores and opted to file Quarterly Return (Oct-Dec’20) Quarterly 13th January 2021
GSTR 2 Currently suspended (since September 2017) Monthly 15th January 2021
GSTR 3B Annual Turnover of up to INR 5 crore in the previous financial year Category 1: Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Daman & Diu, and Dadra & Nagar Haveli, Puducherry, Andaman, and the Nicobar Islands, Lakshadweep Monthly 22nd January 2021
GSTR 3B Annual Turnover of up to INR 5 Cr in Previous FY – December 2020 Category 2: Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, Jammu and Kashmir, Ladakh, Chandigarh, Delhi Monthly 24th January 2021
GSTR 3B Annual Turnover of more than INR 5cr in Previous FY – December 2020 Outward supplies along with input tax Monthly 20th January 2021
GSTR 5 Tax Payable by the non-resident taxable persons: Monthly 20th January 2021
GSTR 6 Payable by an input service distributor to distribute the eligible input tax credit to its branches. Monthly 13th January 2021
GSTR 7 Return for authorities carrying out tax deduction at source. Monthly 10th January 2021
GSTR 8 Return for E-commerce operators and the amount of tax collected at source by them. Monthly 10th January 2021

Due dates for annual GST Returns:

GST Return Form Name Description Filing Period Due Dates
GSTR-9 Annual return for a normal taxpayer ( FY 19-20) Annually 28th February 2021
GSTR-9A Annual return to be filed by a taxpayer registered under the composition levy anytime during the year. Annually 28th February 2021
GSTR-9C Certified reconciliation statement Annually 28th February 2021

These may seem complex, but we are here to help you to easily file GST returns online. Check our GST Compliance Services.