{"id":2654,"date":"2016-08-26T14:14:19","date_gmt":"2016-08-26T08:44:19","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=2654"},"modified":"2022-11-27T09:59:43","modified_gmt":"2022-11-27T04:29:43","slug":"returns-under-goods-services-tax","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/returns-under-goods-services-tax\/","title":{"rendered":"Returns under Goods &#038; Services tax Act"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d08c57b70e1\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d08c57b70e1\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/returns-under-goods-services-tax\/#_GSTR-1\" title=\"\u00a0GSTR-1\">\u00a0GSTR-1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/returns-under-goods-services-tax\/#_GSTR-_2\" title=\"\u00a0GSTR- 2\">\u00a0GSTR- 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/returns-under-goods-services-tax\/#GSTR-3\" title=\"GSTR-3\">GSTR-3<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/returns-under-goods-services-tax\/#_GSTR-4\" title=\"\u00a0GSTR-4\">\u00a0GSTR-4<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/returns-under-goods-services-tax\/#_GSTR-5\" title=\"\u00a0GSTR-5\">\u00a0GSTR-5<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/returns-under-goods-services-tax\/#_GSTR-6\" title=\"\u00a0\u00a0GSTR-6\">\u00a0\u00a0GSTR-6<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/returns-under-goods-services-tax\/#GSTR-7\" title=\"GSTR-7\">GSTR-7<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/returns-under-goods-services-tax\/#_GSTR-8\" title=\"\u00a0GSTR-8\">\u00a0GSTR-8<\/a><\/li><\/ul><\/nav><\/div>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2016\/08\/15.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8977\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2016\/08\/15.jpg\" alt=\"www.carajput.com; Return under GST\" width=\"1000\" height=\"667\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2016\/08\/15.jpg 1000w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2016\/08\/15-300x200.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2016\/08\/15-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/a><\/p>\n<p><span style=\"color: #000080;\"><strong style=\"font-size: 16px;\"><a style=\"color: #000080;\" href=\"https:\/\/carajput.com\/gst\/gst-return.php\">RETURNS UNDER GST<\/a> : EIGHT FORMS: GSTR-1 TO GSTR-8<\/strong><\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"_GSTR-1\"><\/span><span style=\"color: #000080;\"><strong>\u00a0<\/strong><strong>GSTR-1<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>(Sales Register)<\/strong><\/p>\n<ul>\n<li>This is a sales register of goods and services<\/li>\n<li>we can enter the details of sales and services there.<\/li>\n<li>For each transaction it is important to classify the goods or services with his SAC or HSN code.<\/li>\n<li>(Later on we will discuss abt SAC or HSN CODE)<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"_GSTR-_2\"><\/span><strong>\u00a0<\/strong><a href=\"https:\/\/carajput.com\/gst\/gst-return.php\"><strong>GSTR- 2<\/strong><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>(Purchase Register)<\/strong><\/p>\n<ul>\n<li>This is a purchase register. Here we can enter the data of both purchase of service and goods.<\/li>\n<li>In GSTR-2 the data of the goods purchase from register dealer including <a href=\"https:\/\/carajput.com\/blog\/tax-invoice-under-goods-and-services-tax\/\">debit\/credit note<\/a> will automatically populated there as the respective dealers upload there sales register on due date.<\/li>\n<li>Due to this we can match our purchases against the sales register and the impact of this in current scenario where tax credit mismatch is hard to match and a time taking process, in GST there we will check our data as per seller return so mismatch issues will be solve easily<\/li>\n<li>As well as here we will amend our purchase bill too as we received in earlier periods<\/li>\n<li>Here a separate details information will be required for input service distributors<\/li>\n<li>Due date of filling the return is 15th of the next month. But we can upload our data on daily, fortnight, weekly too. Soon the last date of return filing the workload should be lesser than before<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"GSTR-3\"><\/span><span style=\"color: #000080;\"><strong>GSTR-3<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>(Monthly Return Form)<\/strong><\/p>\n<ul>\n<li>In this <a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">GST return<\/a> form maximum data of this return is auto populated from purchase and sales registers.\u00a0 Only adjustment entries and challan information will enter after these entries<\/li>\n<li>Here cash ledger (tax deposit in cash and TDS\/ TCS) will made separately for CGST, SGST and IGST<\/li>\n<li>Basically its looks like PLA register of Excise and Service tax<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"_GSTR-4\"><\/span><span style=\"color: #000080;\"><strong>\u00a0<\/strong><strong>GSTR-4<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>(Quarterly return for compounding dealers)<\/strong><\/p>\n<ul>\n<li>For those compounding dealers \u00a0assesses whose turnover is less than Rs. 50 lacs and there is no interstate transaction )<\/li>\n<li>File return on and before 18th of the month after the quarter<\/li>\n<li>In this return, data will be automatically populated after filing of GSTR-1<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"_GSTR-5\"><\/span><span style=\"color: #000080;\"><strong>\u00a0<\/strong><strong>GSTR-5<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>(Return file by the Non-Resident)<\/strong><\/p>\n<ul>\n<li>This will be a monthly return filed by the non \u2013resident within 18th day after end of the month and within the 7 days after expiry of registration ( plz refer registration rule or will be shared with u later on)<\/li>\n<li>In this return HSN\/SAC code should be mention because these are classify the transaction as a sales and purchase of goods and services<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"_GSTR-6\"><\/span><span style=\"color: #000080;\"><strong>\u00a0<\/strong><strong>\u00a0<\/strong><strong>GSTR-6<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>(Return for Input Service Distributor)<\/strong><\/p>\n<ul>\n<li>This return will be filed by the Input Service Distributors within 15 days after end of the month<\/li>\n<li>In this return form input service distribution ledger will be maintained. In this ledger credit of CGST, SGST, IGST \u00a0will maintain separately of each tax amount<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"GSTR-7\"><\/span><strong>GSTR-7<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>(TDS Return)<\/strong><\/p>\n<ul>\n<li>Tax deductor will be liable to file this TDS return within the 10 days after end of the month<\/li>\n<li>This return form is almost similar to TDS return of income tax (26Q\/24Q etc) as in this return deductee information and transaction information is mention with the related challan in which the TDS amount is paid to department<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"_GSTR-8\"><\/span><span style=\"color: #000080;\"><strong>\u00a0<\/strong><strong>GSTR-8<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>(<a href=\"https:\/\/carajput.com\/gst\/gst-return.php\">Annual Return<\/a>)<\/strong><\/p>\n<ul>\n<li>This return form will be filed on or before 31st December of the next financial year<\/li>\n<li>In this return the total annual returns information will be matched by the department with the monthly \/quarterly return filled by the assesse<\/li>\n<li>In this return auditors information will submitted<\/li>\n<li>All the transaction will bifurcated within goods and services. This bifurcation should be match with the HSN\/SAC code given by the assessee in his monthly\/ quarterly return<\/li>\n<\/ul>\n<p>We look forward for your valuable comments.\u00a0<a href=\"https:\/\/l.facebook.com\/l.php?u=http%3A%2F%2Fwww.caindelhiindia.com%2F&amp;h=zAQGBs6T6AQFFsNItuGxh4fxCHTlAS9Tt0scDC8mzhy0mvg&amp;enc=AZNXalJ8vdvfI-XBWzvS_VaSm2pZq50E9P2Fv2mSoszgysRuEC3PU2i7LDHU-U6ohsYa7L2D9MgWffZsflho-ou3AtkxmmZxP6AV9AN0Gs37MAZC9gpDDNp9yIsld3GFMSsqWcSe8ACgBv_tlCRiQtq19PXurNHd7DJkPAeweAKCpVVB4GuMttuSENW8L0MLTL2AO_r-YFwYxwLajRbncoNm&amp;s=1\">www.caindelhiindia.com<\/a><\/p>\n<p>FOR FURTHER QUERIES CONTACT US:<\/p>\n<p>W:\u00a0www.carajput.com \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 E: <a href=\"mailto:singh@carajput.com\">singh@carajput.com<\/a> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 T: 9-555-555-480<\/p>\n<p>Read our articles:<\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/gst-registration-on-8th-december-2018\/\">Registration of GST under Goods and Service Act, 2017<\/a><\/p>\n<p><a href=\"https:\/\/carajput.com\/learn\/gstn-notify-sops-for-verification-of-taxpayers-who-have-granted-deemed-registration.html\">SOP for verification of Taxpayer who granted deemed registration<\/a><\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/requirement-of-registration-liability-under-gst-law-schedule-iii\/\">A requirement of liability under GST Registration<\/a><\/p>\n<p><a href=\"https:\/\/carajput.com\/blog\/resident-welfare-association-housing-society-under-gst\/\">Resident Welfare association housing Society under GST<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RETURNS UNDER GST : EIGHT FORMS: GSTR-1 TO GSTR-8 \u00a0GSTR-1 (Sales Register) This is a sales register of goods and services we can enter the details of sales and services there. For each transaction it is important to classify the goods or services with his SAC or HSN code. (Later on we will discuss abt &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172,420],"tags":[175,467,9024],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/2654"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=2654"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/2654\/revisions"}],"predecessor-version":[{"id":23690,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/2654\/revisions\/23690"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=2654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=2654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=2654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}