Difference between GST Challan and GST Return

              GST Challan                   GST Return
It is a one page form used to pay tax It contains details of tax paid (more than one page)
It is done first It is done later

Challan is deposited with Bank along with cash/cheque/net banking (either offline or online)

Return is deposited with concerned Tax Dept.

(either offline or online)

It is to be filed only if there is tax payable

(not in cas of GST Credit)

It is to be filed in case of both GST Payable and GST Credit
No need to pay this in case of Nil Return It is to be deposited in case of Nil Return also

(We have to deposit Challan).jpg

Difference between GST Challan and GST Return


1.jpg

 

NORMAL  DEALER

COMPOSITION DEALER

They calculate GST Payable by deducting

OUTPUT GST

-INPUT GST

They calculate GST Payable by Paying

OUTPUT GST

At lower rate

(No Input taken)

They file Monthly Returns(GSTR3B, GSTR1, 2,3 )

+

Annual Returns

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

They file Quarterly Return annually (GSTR4)

+

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. 

They can only sell within state

Higher Rate of tax is applicable

(5%,12%,18%,28%)

Rates of tax are lower

For Traders 1%

For Manufacturers  2% 1% from 1 jan 2018

For Restaurants 5%

For Other Services N/A   6% from 1 April 2019

It is applicable for large assesses having turnover > 75  1.5 CRORE

If turnover less than 1.5 crores,still Normal scheme can be chosen

It is applicable for small assesses having turnover upto 75    1.5 CRORE in Previous Year

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Returns to be filed by Normal Dealer


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GSTR 1

  • It contains details of All types of Sales
  • It is normally to be filed by 10th of next month


GSTR2

  • It contains details of Purchase(both Normal Charge and Reverse Charge)
  • It is normally to be filed by 15th of next month
  • Currently this return is not filed


GSTR 3

  • It contains details of Payable and Credit
  • It is normally to be filed by 20th of next month
  • Currently this return is not filed


GSTR3B

  • Since Gst was new and people were not aware how to file normal returns,GSTR1,2,3,governemnt has till March introduced simple returns called GSTR3B
  • It contains only total figures of sales and purchase
  • It is also normally to be filed by 20th of next month
  • Earlier GSTR3B was to be filed only from July 2017 to Dec 2017, Now,it has been extended to June 2018  September 2019 for quaterly scheme and November 2019 for monthly scheme


Annual Return

  • It is to be filed after end of year when books of accounts )Profit and loss/Balance sheet) are finalized
  • It is to be filed by 31 December of next year. 
  • For financial year 2017-18 it is to be filed by 31 December 2018 31st August 2019


Whether these Return is to be filed Quarterly or Monthly?

Monthly for Large Tax payers

  • If turnover last year was more than 1.5 crore or in current year is likely to exceed 1.5 crore it is monthly


Optional(Monthly/Quarterly) for Small Tax Payers

  • If turnover last year was upto 1.5 crore or in current year is likely to be upto 1.5 crore it is monthly

Return to be filed GSTR 1,2,3.jpg

Note:-  These are only for GSTR 1,2,3

  • GSTR 3B is to be filed monthly only
  • Also GSTR 1 was monthly for all tax payers as the amendment came later

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Returns for Composition Dealer

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Returns for Composition Dealer

  • These Dealers do not get any input
  • They pay tax directly on their sales

 

Return to be filed

  • They have to file Quarterly Return annually GSTR 4
  • (No need to file normal returns GSTR1,2,3,3B)
  • Payment of tax to be done quarterly (CMP-08)

They also would have to file Quarterly Return annually and challan quaterly

 

 

Due Date for Composition Scheme

  • It is normally 18th of next Quarter
  • However Due date of Return for July-September has been extended to 24 Dec 2017

 

Period

Due Date

July-Sep 2017

 24 Dec 2017

Oct-Dec 2017

18-Jan-18

Jan-March 2018

18-Apr-18

April-June 2018

18-Jul-18

July-Sep 2018

18-Oct-18

Oct-Dec 2018

18-Jan-19

Jan-March 2019

18-April -19

 

From 1 st April 2019

  • Composition dealer needs to pay tax quarterly by CMP-08

File return GSTR4  annually by 30 th April following end of Financial  year.

 

Period

 Due date

April - June 2019

18-July-2019  31 August 2019



Due Date for GSTR3B Return  

  • Tax Along with Form GSTR3B to be filed till 20th of next month, 
  • Earlier GSTR3B was to be filed only from July 2017 to Dec 2017, Now,it has been extended to  June 2018   September 2019 for quaterly scheme and November 2019 for monthly scheme

 

Due date for GSTR-6 Return:-

GSTR 6 return is a monthly return to be filed by Input Service Distributor

Period 

Due Date

July 2017 to August 2018

30 th Sept 2018



Due date for GSTR – 7

GSTR-7 return is a monthly return filed for Tax Deduction at Source

Period 

Due Date

October  2018

10 th  November2018

31 st  August 2019

 

November 2018

10 th  December 2018

31 st  August 2019

 

December 2018

10 th  January 2019

31 st  August 2019

January 2019

10 th  February 2019

31 st  August 2019

 

February 2019

10 th  March 2019

31 st  August 2019

 

March 2019

10 th  April 2019

31 st  August 2019

 

April 2019

10 th  May 2019

31 st  August 2019

May 2019

10 th  June 2019

31 st  August 2019

 

June 2019

10 th  July 2019

31 st  August 2019

July 2019

10 th August 2019

31 st August 2019



Due date for GSTR – 8

GSTR – 8 is a monthly return filed by E-Commerce operator who are required to deduct TCS under GST

Period 

Due Date

October  2018

 10 th  November 2018

7 th   February 2019

 

November 2018

10 th   December 2019

7 th   February 2019

 

December 2018

10 th   January 2019

7 th   February 2019

January 2019

10 th   February 2019

 

February 2019

10 th  March 2019

 

March 2019

10 th  April 2019

 

April 2019

10 th  May 2019

May 2019

10 th  June 2019

 

June 2019

10 th  July 2019

July 2019

10 th August 2019



Due date for GSTR – 9

GSTR – 9 is the Annual Return filed by registered persons under regular scheme

 

Period 

Due Date

FY 2017-18

31 st  December 2019

31 st  August 2019

 

 

Due date for GSTR – 9A


GSTR – 9A is the Annual Return filed by registered persons under composition scheme

Period 

Due Date

FY 2017-18

31 st  December 2019

31 st  August 2019

 



 

Due date GSTR – 9C

GSTR-9C is a reconciliation statement prepared by CA/CMA for persons having turnover > 2 crores

 

Period 

Due Date

FY 2017-18

31 st  December 2019

31 st  August 2019

 

 

 

 

 

Other Due Dates

  Dates
TRAN-02  30th June 2018
ITC-01   31st January 2017

 

Download in PDF

 

  1. GST - Goods and Services Tax, India
  2. GST Return, Challan and Invoice Format

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.