Documents Required for GST Returns Filing Online
Invoices : List of B2B & B2C services provided, including the type of invoice, invoice number, customer's GSTIN, place of supply, taxable value, & GST rate applied.
Amount of Tax Applicable: Detailed information about the amount of Central Goods & Services Tax (CGST), State Goods & Services Tax (SGST), Integrated Goods & Services Tax (IGST), & GST Cess applicable.
HSN-wise Summary: The Harmonized System of Nomenclature (HSN) code-wise summary details, such as the quantity, value, & tax amount on each HSN code in a return,.
Consolidated Sales : Consolidated intra-state & inter-state sales must be included in the GST filing. Debit & Credit Notes: A summary of the requisite documents, i.e., debit & credit notes issued during a given period.
GST Certificate : A physical copy of the GST certificate or GSTIN duly signed by an authorized representative must be incorporated in the GST return.
GST Return Filing Fees
The government charges no direct filing fees for GST returns in India. You can access and file all GST returns electronically on the GST portal without incurring any filing charges. However, certain factors might incur incidental expenses related to GST return filing:
1. Late Filing Fees: If you fail to file your GST return within the stipulated deadline, you will be liable to pay a late filing fee . This fee is levied per day of delay and varies depending on the type of return:
GSTR-1 (Outward Supplies): Rs. 20 per day GSTR-3B (Summary Return): Rs. 50 per day, capped at Rs. 5,000 for taxpayers with turnover above Rs. 1.5 crore and Rs. 10,000 for those with turnover above Rs. 5 crore GSTR-4 (Annual Composition Return): Rs. 50 per day, capped at Rs. 500 Other returns: It varies according to the specific return filed.
2. Professional Fees: These service providers may charge fees for their services, which can vary depending on the complexity of your business and the level of assistance required.
GST Return Filing Date
Regular Taxpayers:
GSTR-1 (Outward Supplies): Due by the 10th of the following month. GSTR-3B (Summary Return): Monthly: Due by the 20th of the following month for businesses with turnover above Rs. 5 crore.
Quarterly: Due by the 20th of the following month for businesses with a turnover up to Rs. 5 crore.
GSTR-9 (Annual Detailed Return): Due by the 31st of December of the next financial year.
Additional returns: Specific due dates for other returns like GSTR-2A/2B (Purchase details), GSTR-4 (Annual composition), GSTR-7 (TDS), etc.
Composition Taxpayers:
CMP-08 (Composition Return): Due by the 20th of the month following the quarter.
GSTR-4 (Annual Composition Return): Due by the 31st of December of the next financial year.
GSTR-9C (Reconciliation Statement): GST monthly return due date by the 31st of March of the following financial year.
