Introduction

GST return filing is a critical compliance requirement for businesses registered under the Goods and Services Tax (GST) regime in India. In this article, we will provide a step-by-step guide on GST return filing.

Types of GST Returns

1. GSTR-3B: Monthly summary return
2. GSTR-1: Monthly/Quarterly details of outward supplies
3. GSTR-9: Annual return
4. GSTR-9C: Annual audit report

GST Return Filing Process

Step 1: Prepare for GST Return Filing

1. Gather required documents:
   • Invoices
   • Payment receipts
   • Debit/Credit notes
2. Ensure accurate accounting and invoicing
3. Reconcile GST liability with actual payments

Step 2: Log in to GST Portal

1. Visit GST portal (gst.gov.in)
2. Enter username and password
3. Click on “Returns” dashboard

Step 3: File GSTR-3B

1. Click on “GSTR-3B” tile
2. Fill in summary details:
   • Taxable turnover
   • Tax paid
   • Input tax credit (ITC)
3. Submit and pay tax (if applicable)

Step 4: File GSTR-1

1. Click on “GSTR-1” tile
2. Fill in details of outward supplies:
   • Invoice-wise details
   • Debit/Credit notes
3. Submit and file return

Step 5: File GSTR-9 (Annual Return)

1. Click on “GSTR-9” tile
2. Fill in annual return details:
   • Summary of outward supplies
   • Summary of inward supplies
   • Tax paid
3. Submit and file return

Step 6: File GSTR-9C (Annual Audit Report)

1. Click on “GSTR-9C” tile
2. Fill in audit report details:
   • Reconciliation statement
   • Audit report
3. Submit and file return

Timeline for GST Return Filing

1. GSTR-3B: 20th of each month
2. GSTR-1: 10th/25th of next month (monthly/quarterly)
3. GSTR-9: 31st December of next financial year
4. GSTR-9C: 31st December of next financial year

Consequences of Late GST Return Filing

1. Late fee: ₹100 per day (max ₹5,000)
2. Interest: 18% per annum
3. Penalty: Up to ₹25,000

FAQs

1. What is the due date for GSTR-3B?
   20th of each month
2. Can I revise GST returns?
   Yes, within specified timeline
3. What is the penalty for late GST return filing?
   Up to ₹25,000

References

1. GST Act, 2017
2. GST Rules, 2017
3. CBIC (Central Board of Indirect Taxes and Customs) notifications

Additional Resources

1. GST portal (gst.gov.in)
2. GST Council website (gstcouncil.gov.in)
3. CBIC website (cbic.gov.in)

Infographics

[Image description: A diagram illustrating GST return filing process]

Table: GST Return Filing