GST Return Filing Service in India - Shah Consultancy Service

Overview of GST return

A taxpayer registered under GST, depending on its category, has to file several returns at the GSTN Portal. There are 22 types of GST Returns prescribed under the GST, out of which only 11 are active as of now. The due dates are subject to change by way of a notification; please refer to gst.gov.in for the updated information. The tax filing frequency can also opt as quarterly if the taxpayer turnover in the past financial year is less than Rs 5 Crore.. The important GST Returns are as under with their respective due date.

GST Return	Purpose	Applicability	Filing Frequency	Due Date
GSTR-1	To report details of Outward Supply	All Tax Payers	Monthly/Quarterly	11th of next Month or 13th of Next Month Following Quarter
GSTR-3B	Statement of Tax Paid after taking input credit.	All Tax Payes	Monthly/Quarterly	22 to 24th Day of Next Month
GSTR-4	Annual return to be filed by the Composition Dealer	Composition Dealer	Annual	30th April for Preceding Year
GSTR-9	Annual Return	See Below	Annual	30 December 2021 For FY 2020-21

GSTR-3B (QRMP)

Under the QRMP scheme, though the taxes due are required to be paid on a monthly basis, the return in GSTR-3B is filed quarterly. The due date of filing the GSTR-3B depends on the state where the taxpayer is registered under GST. Here is the list of states and respective due dates of filing GSTR-3B.

X Category 22 Day of Next Month	Y Category 24 Day of Next Month
Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep.	Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union Territories of Jammu and Kashmir, Ladakh, Chandigarh and New Delhi.

GSTR -9 (Annual Return)

GSTR 9 applies to a particular class of Tax Payers and is an annual return filed at GSTN by the taxpayer within its due date for the respective financial year. The GST Annual Return is a consolidation of all the monthly or quarterly returns filed by the taxpayers, such as GSTR-1 and GSTR-3B. In the GSTR-9, the taxpayers get a final opportunity to reconcile the tax filings of a particular financial year and take corrective steps. Here are the applicability and certification criteria for the Annual Gst Return

No	Taxpayer Category	Certification
1	Turnover less than 2 Crore – Annual Return in GSTR-9 is optional	Not Required
2	Turnover less than Rs. 5 Crore	Self Certification
3	Turnover above Rs. 5 Crore	CA Certification

Late fee on Delay in Filing of GSTR-1 and GSTR-3B:

The taxpayer is expected to file the applicable GST Returns within their due dates to ensure free flow of credit in the tax system. However, the delayed filing of GST Returns is allowed subject to the late fee. In the case of NIL GST Returns, the late fee is Rs. 20 for each day of delay, and for Non-NIL Gst returns, the late fee payable is Rs. 50 per day. There is an upper cap on the late fees to reduce the burden of recurring Late Fees on small taxpayers.

S.No	Case	Late Fee
1	NIL Tax Liability	Capped at Rs 500/- (Rs 250 CGST + Rs 250 SGST)
2	Turnover in the previous year is up to Rs 1.5 Crores	Capped at Rs 2000/- (1000 CGST + 1000 SGST);
3	Turnover in the previous year is more than Rs 1.5 Crores but up to Rs. 5 Crores	Capped at Rs 5000/- (2500 CGST + 2500 SGST);
4	Turnover in the previous year exceeded Rs 5 Crores	Capped at Rs 10000/- (5000 CGST+ 5000 SGST);

Late Fee on Delay in Filing Form GSTR-4 by Composition Dealer: Capped to Rs 500 (Rs 250 CGST + Rs 250 SGST) per return, if the tax liability is nil in the return, and Rs 2000 (Rs 1000 CGST + Rs 1000 SGST) per return for others.

Late fee payable for delayed furnishing of FORM GSTR-7: Reduced to Rs.50/- per day (Rs. 25 CGST + Rs 25 SGST) and to be capped to a maximum of Rs 2000/- (Rs. 1,000 CGST + Rs 1,000 SGST) per return.

Interest on Delay in payment of GST

The GST is the primary source of revenue for the states and the union of India, the taxes are required to be paid monthly, and any delay in the payment in the GST to the credit of the Government of India attracts an interest of 18% per annum levied on daily basis.

GST Amnesty Scheme 2021

Due to various reasons, including the GST System’s complexity in the initial period of its launch, there are several thousand taxpayers who have defaulted in filing the GST Returns. It is to be noted that even if there is no business, the taxpayers are required to file the NIL Return until the taxpayer registration with the GST is active. To provide relief to such taxpayers, the late fee for non-furnishing FORM GSTR-3B for the tax periods from July 2017 to April 2021 has been reduced/waived as under:

No	Case	Late Fee
1	NIL Return: For taxpayers, who did not have any tax liability for the particular;	Late fee capped to a maximum of Rs 500/- (Rs. 250/- each for CGST & SGST) per return
2	For other taxpayers	Late fee limited to a maximum of Rs 1000/- (Rs. 500/- each for CGST & SGST) per return for other taxpayers;

Window: The reduced rate of the late fee would apply if GSTR-3B returns for these tax periods are furnished between