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GST Return Filing in Ranchi

Simplified, accurate, and timely GST return filing with expert assistance

With the vision of “One Nation, One Tax”, the Goods and Services Tax (GST) was introduced in India on 1st July 2017 to unify multiple indirect taxes under a single taxation system.

The introduction of GST brought along the concept of GST Returns — a document that registered taxpayers are required to file periodically, providing details of their outward supplies, inward supplies, tax liability, and tax payments.

All business entities engaged in the supply of goods or services must obtain separate registration under the GST regime and file their GST returns either in online or offline mode, as prescribed by the GST law.

As per the 37th GST Council Meeting, a new GST return mechanism has been implemented from April 2020, following the proposal introduced in October 2019.

Types of GST Returns

Different GST returns applicable based on business type and turnover

  • GSTR-1: Details of outward supplies (sales) filed monthly or quarterly.
  • GSTR-3B: Summary return of outward and inward supplies along with tax payment.
  • GSTR-9: Annual return to be filed by regular taxpayers.
  • GSTR-9C: Reconciliation statement for taxpayers subject to audit.
  • GSTR-4: Return for taxpayers registered under the composition scheme.

Who is Required to File GST Returns

GST compliance requirements for different categories of taxpayers

  • All businesses registered under GST, irrespective of turnover.
  • Regular taxpayers engaged in supply of goods or services.
  • Composition scheme taxpayers.
  • E-commerce operators and sellers.
  • Casual taxable persons and non-resident taxable persons.

GST Return Due Dates

Important timelines to ensure timely GST compliance

Return Type Due Date
GSTR-1 11th of the following month
GSTR-3B 20th of the following month
GSTR-4 30th April of next financial year
GSTR-9 / 9C 31st December of next financial year

Due dates may vary based on notifications issued by the GST Council.

Penalty on Late Filing of GST Return

Understand late fees and penalties applicable under GST law

GSTR filing is mandatory for all dealers and businesses registered under GST, including those having Nil returns. Filing GST returns after the prescribed due dates attracts late filing fees along with penalty interest, as per GST laws.

Late Filing Fees Applicable to Intra-State Dealings
Governing GST Act Late Filing Fee per Day
Central Goods & Services Act, 2017 INR 100
State Goods & Services Act, 2017 / UTGST Act, 2017 INR 100
Total Late Fee Per Day INR 200
Note:
  • The maximum late filing fee for each monthly or quarterly return shall not exceed INR 5,000 each for CGST and SGST.
  • For GSTR-9 (Annual Return), the maximum late fee shall not exceed 0.25% of the annual turnover.

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