GST – Different Taxpayers for Returns to be Filed

If you have registered for GST and not so sure about what are the returns required to be filed by you under the Goods and Service Tax laws. Don’t sweat about it, as this article we are going to clarify which returns are required to be filed under Goods and Service Tax based on the:

  1. Type of Registration and
  2. Nature of business

Returns based on type of Registration

Let us first discuss the returns that are required to be filed based on the type of registration of any taxpayer. Registration is of two types;

  1. As Normal Taxpayer means any taxpayer registered under GST
  2. As a Composite Taxpayer means any registered taxpayer who has opted for registration under Composition Scheme.

Returns to be filed by a Normal Taxpayer

Any regular taxpayer is required to file three monthly returns and one yearly return in total. These returns along with the due dates by when they are required to be filed are mentioned in the table below:

Returns Purpose Filed by Due Dates
GSTR-1 For information relating to Outward Supplies Registered Taxable Supplier 10th of next month
GSTR-2 For information relating to Inward Supplies Registered Taxable Recipient 15th of next month
GSTR-3 Monthly Return Registered Taxpayer 20th of next month
GSTR-9 Annual return Registered Taxpayer 31st December of next financial year

As we can understand from the table any regular taxpayer will be required to file GSTR-1 specifying the information relating to outward supplies made by him. After this form is filed GSTR-2A will be auto populated, which is to be verified by the recipient. After this, the recipient is required to file GSTR-2 specifying the information relating to inward supply along with any information missed out by the supplier. Once GSTR-2 is filed, GSTR-1B will be auto populated with the information, which is to be verified by the supplier.

As these two returns are filed, one final monthly return is to be filed in GSTR-3 which will be auto populated with the information furnished in the first two returns and tax liability will be calculated in it.

Along with these monthly returns, one Annual Return is to be submitted in GSTR-9. This form is a consolidation of all the monthly return and is required to be filed by 31st December of next month.

Returns to be filed by a Composite Taxpayer

Now we are going to talk about returns to be filed by a composite taxpayer. As we all know a composite taxpayer is one who has opted and registered under the Composition Scheme under GST. Under GST one applies for composition scheme with a view to pay taxes at lower rates and file lesser compliances. Any taxpayer registered under Composition scheme will not be required to file those GSRT-1, GSTR-2 or GSTR-3. Their compliance procedure will be different and less stringent. They will only have to file two type of returns, they are:

Returns Purpose Due Dates
GSTR-4 Quarterly return 18th of month succeeding every quarter
GSTR-9A Annual return 31st December of next financial year

Every taxpayer registered under Composition Scheme will be required to file one return quarterly in GSTR-4 which will include information on outward and inward supply of that quarter along with the tax liability incurred on such transactions.

Along with it, one annual return is also required to be filed in GSTR-9A.

Returns based on Nature of business

Along with the returns based on the type of registration, there are few additional returns that are to be filed by few taxpayers based on the nature of the business. Following are such returns along with their due dates for filing:

  1. GSTR-5, for Non-Resident Taxable Person: Any person who is supplying goods from outside India and does not have a place of business inside India are known as Non-Resident Taxable Person. Such person is required to file a tax return in GSTR-5. This return will include the information of inward and outward supply along with the tax liability of the Due Date: Till 20th of the following month until their registration is valid. For a final return, the due date will be either 20th of the next month or within 7 days of the expiration of registration whichever is earlier.
  2. GSTR-6, for Input Service Distributor: This return is required to be filed by an Input Service Distributor. In large organizations, it’s natural that in a business there is one head office and several branch offices all over India. They usually do centralized purchasing for better financial control and this situation leads to accumulation of input tax credit and ultimately input tax credit has to be distributed among the branch. This function is performed by Input Service Distributor. GSTR-6 cannot be filed before 10th of the month.Due Date: it is to be filed by 13th of the next month.
  3. GSTR-7, for authorities deducting tax at source: Every taxpayer registered under GST who deducts tax at source under section 51, is required to furnish a return in GSTR-7. Due Date: it is to be filed by 10th of the next month.
  4. GSTR-8, for E-commerce Operator who collect tax at source: They are required to furnish returns of the supplies effected through them and tax collected by them in GSTR-8.Due Date: it is to be filed by 10th of the next month.