They calculate GST Payable by deducting



They calculate GST Payable by Paying


At lower rate

(No Input taken)

They normally file Monthly 2 Returns GSTR 3B and GSTR 1


Annual Returns

(12*2 +1=25 Returns in One Year)

They file Quarterly Return annually GSTR 4


Annual Return

( 1*4 1+1 = 5 2 Returns in One Year)

And pay tax quarterly

They can make Interstate Sales as well as local Sales

They cannot make Interstate Sales. However, they can make lower rates

Higher Rate of tax is applicable


Rates of tax are lower

(1% for trader and manufacturer, 5% for restaurant, 6% for service provider)

Any person can opt for normal scheme 

It is applicable for small assesses having turnover upto  1 crore  1.5 CRORE from 1 Feb 2019

(Limit is 50 lac for service provider)

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 13 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.