GST Return

GST Return Filing in Gujarat

With the vision of “One Nation, One Tax,” Goods and Services Tax (GST) was introduced in India on 1st July 2017 to unify various indirect taxes. Under the GST regime, every taxpayer is required to file GST returns, which document their income and transactions for tax compliance. All businesses must register under GST and file returns either online or offline.

As per the 37th GST Council Meeting, a new GST return mechanism was implemented from April 2020.

Eligibility for GST Return Filing in Gujarat

Any business or entrepreneur registered under the GST framework must file GST returns in the prescribed forms. The type and number of GST returns to be filed depend on the category of the taxpayer, such as a regular taxpayer, TDS deductor, composition dealer, Input Service Distributor (ISD), e-commerce operator, or non-resident taxpayer.

Typically, a regular taxpayer is required to file two monthly returns—GSTR-1 and GSTR-3B—along with an annual return (GSTR-9/9C). This amounts to a total of 25 GST returns per year per registration.

Types of GST Returns

1. GSTR-1: Return for Outward Supplies

This is a monthly return that captures details of outward supplies (sales) made by a GST-registered business.

Who Must File GSTR-1? All businesses registered under GST must file GSTR-1, providing details of invoices, debit notes, and credit notes.

Due Date:

• Monthly (for turnover > 1.5 crores): 11th of the next month.

• Quarterly (for turnover up to 1.5 crores): Last date of the month following the quarter.

2. GSTR-2A: Auto-Populated Read-Only Document

This form auto-populates details of inward supplies based on the data submitted by the supplier in GSTR-1.

3. GSTR-3B: Summary Return for Tax Payment

This is a self-declaration return to report outward supplies and claim input tax credit (ITC).

Who Must File? Every GST-registered taxpayer must file GSTR-3B, including businesses with no transactions (Nil Return).

Due Date: 20th of the following month.

4. GSTR-4: Annual Return for Composition Dealers

Businesses opting for the Composition Scheme file GSTR-4 annually.

Due Date: 30th April of the following financial year.

5. GSTR-5: Return for Non-Resident Taxable Persons

Foreign businesses supplying goods/services in India must file GSTR-5.

Due Date: 20th of the following month or 7 days post-expiry of registration, whichever is earlier.

6. GSTR-6: Return for Input Service Distributors (ISD)

Filed by ISDs to distribute Input Tax Credit (ITC).

Due Date: 13th of the next month.

7. GSTR-7: Return for TDS Deductors

Entities deducting TDS under GST must file this return.

Due Date: 10th of the following month.

8. GSTR-8: Return for E-Commerce Operators Collecting TCS

E-commerce platforms deducting Tax Collected at Source (TCS) must file GSTR-8.

Due Date: 10th of the following month.

9. GSTR-9: Annual Return for Regular Taxpayers

Filed by businesses with GST registration.

Due Date: 31st December following the financial year.

10. GSTR-9C: Return for Audited Accounts

Businesses with turnover exceeding INR 2 crores must file GSTR-9C along with audited financial statements.

Due Date: 31st December following the financial year.

11. GSTR-10: Final Return for Cancelled GST Registration

Filed within 3 months from the cancellation date.

12. GSTR-11: Return for UIN Holders

Filed by individuals/entities holding Unique Identification Numbers (UINs) to claim GST refunds.

Due Date: 28th of the following month.

Penalties for Late Filing of GST Returns in Gujarat

• For intra-state transactions: INR 100 per day (CGST) + INR 100 per day (SGST) = INR 200 per day (max INR 5000 per return).

• For inter-state transactions: INR 200 per day (IGST), with a cap of INR 10,000 per return.

• Non-filing for six months may lead to GST registration cancellation.

Process for GST Return Filing in Gujarat

1. Login to the GST portal.

2. Select GSTR type (monthly or quarterly).

3. Generate summary of transactions.

4. Enter invoice details and amendments if required.

5. Preview the return before submission.

6. Submit GSTR, saving the entered data.

7. File using DSC or EVC.

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• Expert GST consultants with in-depth knowledge of tax laws.

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• Assistance in audits, compliance, and ITC claims.

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