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Due-dates-for-filing-GST-Returns

 

Due dates for filing GST Returns

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The Due date for filing GST returns is as under-

Return  Form

 

Particulars

By Whom the Return has been filed

Due date for filing Return

 

Details of outward supplies of  taxable goods and/or services

Regular Dealers Outward Supplies

· Up to 1.5 Crores (Quarterly) Last day of the next month)

· More than 1.5 Crores (Monthly) 11th day of the next month

GSTR-2

Details of inward supplies of  taxable goods and/or services claiming input tax credit

Registered  Taxable  Person (Recipient)

 

15th of the next month

 

GSTR-3B

Details of outward supplies and inward supplies along with the payment  of amount of tax

Regular Dealers Monthly Return

20th of the next Month (July 2018 to March 2019)

Quarterly return

Composite Dealers

18th of the next Quarter (for example April to June is 18th July)

GSTR-5

Monthly

Non-Resident Taxable Person

20th of the next month

 

GSTR-6

 

Return for Input Service Distributor

Input Service  Distributor

 

13th of the next month

 

Return for authorities deducting tax at source

Tax Deductor

10th of the next month

 

Details of supplies through e-commerce operator 

E-commerce Operator/Tax Collector

 

10th of the next month

 

Annual Return

Registered Taxable Person

 

31st December following the end of the financial year. Now the date for the financial year 2017-18 (July’17 to March’18) has been extended up to 31.03.2019

GSTR-10

 

Final Return Taxable person whose registration has been surrendered or cancelled

Taxable person whose registration has been surrendered or

Within three months of the date of cancellation or date of cancellation order, whichever is later

GSTR-11

Details of inward supplies to be furnished by a person having UIN

Person having UIN (Unique Identification Number)

28th of the next month

 

 

Late fee & Interest-

  • Interest is 18% per annum. It has to be calculated by the tax payer on the amount of outstanding tax to be paid. Time period will be from the next day of filing to the date of payment.

    For Example- If the tax liability of a person is Rs. 15,000 and he has not paid the tax amount on due date, he has paid the tax amount after 5 days from the due date, the interest amount will be calculated as 15,000*18/100*5/365= Rs. 37.00. So, he has to pay the tax amount along with interest amounting to Rs. 15,037 (i.e. 15,000+37).

  • In case if the taxpayer does not file his/her return with in the due dates as mentioned above, the late fee for filing GSTR-1, GSTR-3B, GSTR-4, GSTR-5 & GSTR-6 will be charged Rs. 50/day i.e. Rs. 25 per day in each CGST and SGST (in case of having tax liability) and Rs. 20/day i.e. Rs. 10/- day in each CGST and SGST (in case of Nil tax liability) subject to a maximum of Rs. 5000/-, from the due date till the date the returns are actually filed. There is no late fee on IGST.
 



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