Detail Overview of Returns in GST

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📍In this session we have discuss below topics-
0:00 Intro to Topic
4:49 Meaning of Outward Supply
6:15 Mechanism of GST Returns
14:34 Auto Population of data in GSTR 3B
18:10 What of GSTR 1?
34:30 What is GSTR 2A?
44:03 What is GSTR 2B?
58:15 What is GSTR 3B?
1:00:47 Due date of GSTR 3B?
1:06:58 What is GSTR 4?
1:10:46 What is GSTR 5?
1:12:04 What is GSTR 5A?
1:12:26 What is GSTR 6?
1:13:27 What is GSTR 7?
1:16:13 What is GSTR 8?
1:17:21 What is GSTR 9?
1:19:03 What is GSTR 9A?
1:19:15 What is GSTR 9C?
1:20:31 What is GSTR 10?
1:21:26 What is GSTR 11?
1:21:56 Late Filing of GST Returns
1:23:22 Interest on GST
1:23:46 GST interest on net or gross
1:26:04 Revision in GST Return
1:26:17 Recap of session


GSTR-1 is the return to be furnished for reporting details of all outward supplies of goods and services made. In other words, it contains the invoices and debit-credit notes raised on the sales transactions for a tax period. GSTR-1 is to be filed by all normal taxpayers who are registered under GST, including casual taxable persons.

GSTR-2A is a view-only dynamic GST return relevant for the recipient or buyer of goods and services. It contains the details of all inward supplies of goods and services i.e., purchases made from GST registered suppliers during a tax period.

GSTR-2B is again a view-only static GST return important for the recipient or buyer of goods and services. It is available every month, starting in August 2020 and contains constant ITC data for a period whenever checked back.

GSTR-2 is currently a suspended GST return, that applied to registered buyers to report the inward supplies of goods and services, i.e. the purchases made during a tax period.

GSTR-3B is a monthly self-declaration to be filed, for furnishing summarized details of all outward supplies made, input tax credit claimed, tax liability ascertained and taxes paid.

GSTR-4 is the annual return that was to be filed by the composition taxable persons under GST, by 30th April of the year following the relevant financial year. It has replaced the erstwhile GSTR-9A (annual return) from FY 2019-20 onwards.

GSTR-5 is the return to be filed by non-resident foreign taxpayers, who are registered under GST and carry out business transactions in India.

GSTR-5A refers to a summary return for reporting the outward taxable supplies and tax payable by Online Information and Database Access or Retrieval Services (OIDAR) provider under GST.
The due date to file GSTR-5A is the 20th of every month.

GSTR-6 is a monthly return to be filed by an Input Service Distributor (ISD).
It will contain details of input tax credit received and distributed by the ISD. It will further contain details of all documents issued for the distribution of input credit and the manner of distribution.
The due date to file GSTR-6 is the 13th of every month.

GSTR-7 is a monthly return to be filed by persons required to deduct TDS (Tax deducted at source) under GST.

GSTR-8 is a monthly return to be filed by e-commerce operators registered under the GST who are required to collect tax at source (TCS).

GSTR-9 is the annual return to be filed by taxpayers registered under GST. It is due by 31st December of the year following the relevant financial year, as per the GST law.

GSTR-9A is currently a suspended annual return earlier required to be filed by composition taxpayers. It had a consolidation of all the quarterly returns filed during that financial year.
Ever since GSTR-4 (annual return) was introduced from FY 2019-20, this return stands scrapped. Prior to that, GSTR-9A filing for composition taxpayers had been waived off for FY 2017-18 and FY 2018-19.

GSTR-9C is the reconciliation statement to be filed by all taxpayers registered under GST whose turnover exceeds Rs.5 crore in a financial year, as per the GST law.

GSTR-10 is to be filed by a taxable person whose registration has been cancelled or surrendered. This return is also called a final return and has to be filed within three months from the date of cancellation or cancellation order, whichever is earlier.

GSTR-11 is the return to be filed by persons who have been issued a Unique Identity Number (UIN) in order to get a refund under GST for the goods and services purchased by them in India. UIN is a classification made for foreign diplomatic missions and embassies not liable to tax in India, for the purpose of getting a refund of taxes. GSTR-11 will contain details of inward supplies received and refund claimed.

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