gst

GST Return filing is obligatory for all those who have GST Registration. To make you understand, let’s dig a little deeper and know what GST Returns are?

What are GST Returns?

Returns are a set of forms that comes in a pre approved reporting format, making terms of necessary information easier for the taxpayers for the entire disclosure. Each form has been crafted to ensure the entire disclosure of transaction made between sellers and buyers.

For filing GST Returns, there is a need of GST complaint sales and purchase invoices. Rajan Modi & Associates can help you generate GST complaint invoices with ease.

Know who all need to file GST Returns

Any regular business is required to file three (GSTR 1, GSTR 2, and GSTR 3) monthly as well as one (GSTR 9) annual GST Returns as per the GST regime. There is one more called GSTR 4 that is submitted on a quarterly basis by composition taxpayers.

Rajan Modi & Associates takes a leap among others in providing GST services ranging from GST registration to GST return filing.

Types of GST Returns:

GSTR 1

This form is to give all the details regarding outward supplies of goods and services to the department. The return is recommended to be filed by the 10th of every following month.

GSTR 2

This form gives inward supplies details of goods and services as ratified and approved by the good or services recipient. The return is recommended to be filed by the 15th of every following month.

GSTR 3

This form will automatically be filed on the basis of inward and outward supplier with the tax payment given in GSTR 1 and GSTR 2. The return is recommended to be filed by the 20th of every following month.

GSTR 4

This form includes the details of tax payment, outward supplies and tax payable. The return is recommended to be filed by the 18th of the succeeding month after each quarter.

GSTR 5

This form includes the details about outward supplies, paid tax, input tax, reaming month, and imports. The form is recommended to be filed by non-resident taxable person by 20th of every following month.

GSTR-6

This form incorporates the details regarding return for input service distributor. The form has to be filed by input service distributor by 13th of every following month.

GSTR -7

This form is to give all the details about the tax deduction. The form has to be filed by 10th of every month.

GSTR-8

This form provides you details concerning all supplies made via e-commerce operator and the amount of tax collected. The form requires to be filed by e-commerce operator or tax collector by 10th of every month.

GSTR-9

This form is all about the annual return that will be filed by registered taxable person by 31st December of every year.

GSTR-10

This form gives all the details of final return that has to be filed by taxable person whose registration has been cancelled or surrendered within 3 months of the date of cancellation or surrender whichever is later.

GSTR-11

This form contains the details of inward supplies that have to be provided by a person who has Unique Identification Number (UIN) by 28th of the month following the month which statement has been filed for.

GSTR-3B

This form includes the details regarding taxable supply of the goods and services in July and August 2017. The form doesn’t require you to give invoice level information. Only total values for each field must be provided.