GST Council has decided to make changes in Return filing process in its GST Council Meeting on and decided to replace GSTR3B and GSTR1 forms with New GST forms NORMAL,SAHAJ, SUGAM

Here we will discuss complete details about these forms like

  • What are the new GST forms and which Return form to be chosen by which business,
  • When are they likely to be introduced,
  • What is new GST payment declaration form and
  • How is new GST Forms and procedure different from existing procedures.

You can also download copy of these forms in PDF and excel for reference

 

What are New GST Return Forms?

Currently GSTR3B and GSTR1 are to be filed by taxpayers

This will be soon replaced by 3 New GST Returns

  1. GST NORMAL RETURN (MONTHLY/QUATERLY)
  2. GST SAHAJ RETURN
  3. GST SUGAM  RETURN

These forms will have full details of Output, Input and Payable unlike existing forms

 

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

GSTR 3B & GSTR 1 are to be filed till 31 March 2020.

After that new returns Sahaj Sugam etc . will be applicable

 

Chart 1 Part 1 Existing.jpg

Chart 1 Part 1 In Future.jpg

Whether Returns to be Filed Monthly or Quarterly

Those having turnover more than 5 Crores have to file Normal(Monthly) Returns

However, those having turnover upto 5 crores can chose Normal (Monthly /Quarterly)Returns

Note:-Last year turnover is to be taken .However for new business, likely turnover of current year is to be taken to determine whether turnover is monthly or quarterly

Existing and Future GST return to be filed.jpg


 

 

Which Scheme to be chosen and Which form to be filled ?

Return to be Filed - Teachoo.jpg

If Turnover more than 5 crores,

it is compulsory to select GST Normal (Monthly) Return Form (RET-1)

 

If Turnover upto 5 Crores, there are 3 options

1.Business have only Retail Sales (Sales to Unregistered Persons)

  • He should select  Sahaj Return Form  (RET-2)
  • Example Restaurants and Retail Shops

 

2.Business have sale to Registered Persons also (B2B Sales)

  • He should select  Sugam Return Form(RET-3)
  • Examples Wholesalers, Distributors and Factories Selling In India

 

3.Business have Export Sales Also or Sales to Special Economic Zone

  • He should Select Normal (Quaterly) Return Form(RET-1)
  • Example Small Exporters or those selling to Special Economic Zone

 


What is Normal (Monthly/Quaterly) GST Return Form (RET-01)

View Answer

What is GST Sahaj Return Form(RET-02)

View Answer

 

What is GST Sugam Form (RET-03) ?

View Answer

 

What is New GST Payment Procedure in GST-Form PMT-08

View Answer

 

What are ANNEXURE -1 and ANNEXURE -2 to new GST Return forms Normal, Sahaj and Sugam?

 

  Normal Return Sahaj return Sugam Return
  (RET-01) (RET-02) (RET-03)
Annexure 1 Details of outward supplies,imports and inward supplies attracting reverse charge Details of outward supplies and inward supplies attracting Details of outward supplies and inward supplies attracting  reverse charge
It contains 4 parts It contains 3 parts It contains 3 parts
1. GSTIN 1. GSTIN 1. GSTIN
2.Basic details of taxpayer 2.Basic details of taxpayer 2.Basic details of taxpayer
3.Details of outward supplies,imports and inward supplies attracting reverse charge 3.Details of outward supplies and  inward supplies attracting reverse charge 3.Details of outward supplies and  inward supplies attracting reverse charge
4. Details of supplies made through E-commerce companies liable for TCS        
Annexure 2 Details of auto drafted inward supplies Details of auto drafted inward supplies Details of auto drafted inward supplies
It contains 5 parts It contains 4 parts It contains 4 parts
1. GSTIN 1. GSTIN 1. GSTIN
2.Basic details of taxpayer 2.Basic details of taxpayer 2.Basic details of taxpayer

3.Details of inward supplies from 

-Registered person (other than Reverse charge)

-Imports

-Supplies received from SEZ units/developers on Bill of entry

3.Details of inward supplies from 

-Registered person (other than Reverse charge)

3.Details of inward supplies from 

-Registered person (other than Reverse charge)

 4.Summary of Input   4.Summary of Input   4.Summary of Input 
5.ISD Credits received    

 

What is the Procedure for Upload,Lock and Pay?

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What is the due date by which Invoices to be Locked?

View Answer

SUMMARY

CURRENTLY

IN FUTURE

Separate Returns for Sales, Purchase and Payable

Common Returns for Sales and Purchase

GSTR3B Return and GSTR1 to be filed

Remaining Suspended

Normal, Sahaj and Sugam Returns to be filed

Quarterly Returns if turnover upto 1.5 Crore

Quarterly Returns if turnover upto 5 Crore

B2B Invoice Details to be uploaded in GSTR1

Monthly

Or

Quarterly

Depending upon turnover

B2B Invoice Details to be uploaded in Annexure to Return

Monthly

Easy challan Format containing details of GST Payable only

No Payment Declaration Forms

 

Payment Declaration Form in First 2 Months of Quarter containing  details of

Output

Input

Payable

 

It is to be called Form PMT-08

 

You can practice these existing GST Return Forms at our

GST Demo Website

 

Get GST Practical Training by CA Maninder Singh -  Register now

  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.