When GST was introduced

The original concept was that 3 Returns were to be filed

GSTR1-->For Details of Sales and Output

GSTR2-->For Details of Purchase and Input

GSTR3--->GST Payable or Credit

 

But What actually happened was

Only GSTR1 was Introduced

GSTR2 and GSTR3 were not introduced

In its place GSTR3B was introduced

Slide 2.jpg

 

 

So Currently Only 2 Returns are Filed

GSTR1+GSTR3B for Regular Dealers

 

Also Annual Return is filed in some Cases

 


What is GSTR1?

This Return contains bill vise details of different Sales Invoices

These Invoices may be B2B (Business to Business),B2C (Business to Consumer) or Export

It also contains details of Credit Note Debit Note Issued (for cases like Sales Return etc)

 

How is GSTR1 filed? -Quarterly or Monthly

If turnover more than 1.5 crore in last year  

GSTR1 is Monthly

(or likely to exceed 1.5 Cr in current year)

Due date is 11th of Next Month

Example

GSTR1 Due date for Oct is 11 Nov

 

If turnover upto 1.5 Crore in current year

GSTR1 can be Quarterly or Monthly as per choice of taxpayer

Due date for Quarterly Scheme is One Month from end of  Quarter

Example GSTR1 due date for Oct-Dec is 31 Jan 2020

Slide 4.jpg

 

 


GSTR3B

it contains summary of Sales,Purchase,Output,Input and GST Payable of Month

It is always filed monthly for all (turnover does not matter)

 

What is Due date of GSTR3B

Till Dec 2019

Due date of GSTR3B was 20th of Next Month

Example- Due date for Dec was 20 Jan 2020

From Jan 2020

There are now 3 Due dates 

20th/22nd/24th of Next Month

 

If Turnover More than 5 Crores

GSTR3B is 20th of Next Month

 

If turnover upto 5 Crores

Part of india Due Date States Covered
Central,West and South India 22nd of Next Month  Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep
North and East India 24th of Next Month  Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi 

Slide 5.jpg


SUMMARY

Slide 3.jpg

 

 


Till What Dates GSTR3B and GSTR1 to Continue?

As per Latest Notification (29/2020)

These 2 returns are to continue till Sep 2020

From Oct 2020

New Returns Sahaj,Sugam,Quarterly to be introduced

(However this date may be extended due to Coronavirus lockdown)

 


What is Annual Return

It is to be filed after end of year when books of accounts )Profit and loss/Balance sheet) are finalized

It is normally to be filed by 31 December of next year. 

Example

For FY 2017-18 ,original due date was 31 Dec 2018

For FY 2018-19 ,original due date was 31 Dec 2019

For FY 2019-20 ,original due date is 31 Dec 2020

However Due date for 2017-18 has been extended to 5 Feb 2020/7 Feb 2020

FY 2017-18 Due Date States Covered
Type 1 States 05-Feb-2020 Chandigarh, Delhi, Gujarat, Haryana, Jammu and Kashmir, Ladakh, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh, Uttarakhand.
Type 2 States 07-Feb-2020 Andaman and Nicobar Islands, Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Dadra and Nagar Haveli and Daman and Diu, Goa, Himachal Pradesh,Jharkhand, Karnataka, Kerala, Lakshadweep, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Puducherry, Sikkim, Telangana, Tripura, West Bengal, Other Territory.

 

Also For Financial Year 2018-19

Annual Return Due date has been extended to 30 June 2020

Slide 8.jpg

 

What are Form No for Annual Return

Form No is GSTR 9 for Normal Tax Payers

Also those whose turnover is more than 2 cr in 2017-18 have to file additional form GSTR 9C

(This limit exceeded to 5 Crore in 2018-19

 

 

Changes In GST (37th GST Council meeting held in Goa)

Annual return GSTR 9 is to be made optional, if turnover upto 2 Crore for F.Y. 2017-18 & 2018-19.

 

Extension of GSTR1 Due date due to lockdown
(Notification 33/2020)
Due to lockdown,No Late fees will be paid if GSTR1 for the Month of Mar,Apr,May and Jan-Mar 2020 filed till 30 June 2020

If filed late,then late fees from original date will be applicable

GSTR1 Monthly Due dates for 2020

Month Original Due date No Late fees if file by
Jan-20 11-Feb-20  
Feb-20 11-Mar-20  
Mar-20 11-Apr-20 30-Jun-20
Apr-20 11-May-20 30-Jun-20
May-20 11-Jun-20 30-Jun-20
Jun-20 11-Jul-20  
Jul-20 11-Aug-20  
Aug-20 11-Sep-20  
Sep-20 11-Oct-20  

 

GSTR1 Quarterly Due dates for 2020

Month Original Due date No late fees if filed by
Jan-Mar 2020 30-Apr-20 30-Jun-20
Apr-june 2020 31-Jul-20  
July-Sep 2020 31-Oct-20  

 

Extension of GSTR3B Due dates because of lockdown

(Notification 32/2020)
Due to lockdown,No Late fees will be paid if GSTR3B is filed as per following due dates

If filed late,then late fees from original date will be applicable

 

If turnover more than 5 crores in last year

Month Original Due date No Late fees if filed by
Jan-20 20-Feb-20  
Feb-20 20-Mar-20  
Mar-20 20-Apr-20 24-Jun-20
Apr-20 20-May-20 24-Jun-20
May-20 20-Jun-20 24-Jun-20
Jun-20 20-Jul-20  
Jul-20 20-Aug-20  
Aug-20 20-Sep-20  
Sep-20 20-Oct-20  

If turnover between 1.5 to 5 crore in last year

Month Original Due date No Late fees if filed by
Jan-20 22 Feb/24 Feb  
Feb-20 22 mar/24 Mar 29-Jun-20
Mar-20 22 Apr/24 Apr 29-Jun-20
Apr-20 22 May/24 May 30-Jun-20
May-20 22 June/24 June  
Jun-20 22 July/24 July  
Jul-20 22 Aug/24 Aug  
Aug-20 22 Sep/24 Sep  
Sep-20 22 Oct/24 Oct  

 

If turnover is upto 1.5 Crore in last year

Month Original Due date No Late fees if filed by
Jan-20 22 Feb/24 Feb  
Feb-20 22 mar/24 Mar 30-Jun-20
Mar-20 22 Apr/24 Apr 03-Jul-20
Apr-20 22 May/24 May 06-Jul-20
May-20 22 June/24 June  
Jun-20 22 July/24 July  
Jul-20 22 Aug/24 Aug  
Aug-20 22 Sep/24 Sep  
Sep-20 22 Oct/24 Oct  
  1. Taxation for CA, CS, CMA Exams May - June 2019
  2. GST for Exams

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 10 years. He also provides Accounts Tax GST Training in Delhi and Pune.