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GSTR 3B Filing: Know All About GSTR 3B Format, Due Date & Eligibility

GSTR 3B

GSTR-3B is a special tax return form introduced by the GST Council for the purpose of accepting returns from taxpayers.

As per standard GST rules, a registered taxpayer is required to file GSTR-1 by the 10th, GSTR-2 by the 15th and GSTR-3 by the 20th of the next month for a relevant tax period. But to address the confusion and concerns different businesses have about GST, the Council has decided to relax the return filing timeline for the first six months. GST Council has given relief to taxpayers as they have to file only GSTR-3B Form July 2017 to June 2018 month tax. Read More

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What is GST Identification Number And How to Verify GST Number?

GSTIN

All the businesses registered under GST are given a unique identification number known as GST Identification Number or GSTIN. It is same as the TIN number provided to businesses under the state VAT system or the service tax registration number assigned by the CBEC.

Since all these taxpayers will be registered under a single platform in GST, it is convenient to assign them unique ID numbers for identification purpose. The government has established the GST Network (GSTN) to provide the proper IT infrastructure to manage the return filing and other digital operations of the new tax system. Many people are still not fully aware of the GST registration process and about GSTIN. Read More

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What is GSTR-5 Form and How to File it?

GSTR-5

The Goods & Services Tax Return 5 (GSTR-5) form is to be used by registered non-resident persons to file monthly tax returns on GST portal. Each non-resident taxpayer, who carries out business in the country, is required to furnish GSTR-5 form details on or before 20th of the next month for a particular tax period.

Last Dates of GSTR-5 Return
Regular GSTR-5 Due Date GSTR-5 Due Date for January 2020
20th of Next Month 20th February 2020*

Note: From October 2017, the late fee payable by a taxpayer whose tax liability for that month was‘NIL’ will be Rs. 20/- per day (Rs. 10/- per day each under CGST & SGST Acts) instead of Rs.200/- per day (Rs. 100/- per day each under CGST & SGST Acts). Read More

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GSTR-4 Return: Online Filing Procedure, Format and Updated Due Dates

GSTR-4

All registered persons who opt for composition levy under GST need to file quarterly return information using GSTR-4 between 11th and 18th of the month following the relevant quarter.

In our previous articles, we have discussed the process of filing GSTR-1 for outward supplies, GSTR-2 for inward supplies, and GSTR-3 for monthly tax returns. Here, we will discuss the procedure of filing quarterly returns on GST portal through GSTR-4. Read More

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What is GSTR-2 and How to File it? (Updated)

GSTR-2

In our previous article, we discussed how to file GSTR-1 for outward supplies of goods and services. In this article, we will learn how to file GSTR-2 Form for inward supplies.

What is GSTR-2?

GSTR-2 is one of the GST tax return forms. This form is used to file the details of inward supplies (imports) of taxable goods and services. Every taxpayer recipient of goods/services is required to submit details of all his/her inward supplies by 15th of the next month for a particular tax period online on GST portal. Read More

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GSTR-1: What is GSTR-1 and How to file it? (Updated)

GSTR-1

GSTR-1 is one of the GST tax return forms. It is used to submit the “Details of outward supplies of goods and/or services.” Every registered taxpayer under GST has to submit the GSTR-1 with required details by 10th of next month for a particular tax period.

GSTR 1 is a monthly or quarterly return to be filed by the registered taxpayer, it can be filled online through your taxpayer account on GST portal. The form is divided into 13 tables, most of which will be automatically filled based on the profile information of the particular taxpayer. Read More

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