GST Return Filing and GSTR9 and GSTR9C
GST return is a document that will contain all the details of your sales, purchases, tax collected on sales (output tax), and tax paid on purchases (input tax). Once you file GST returns, you will need to pay the resulting tax liability (money that you owe the government).
GST Returns for Regular Business
| GST Returns | Purpose |
|---|---|
| GSTR1 | Tax return for outward supplies made (contains the details of interstate as well as intrastate B2B and B2C sales including purchases under reverse charge and interstate stock transfers made during the tax period). If Form GSTR-1 is filed late (post the due date), the late fee will be auto-populated and collected in the next open return in Form GSTR-3B. From January 1, 2022, taxpayers will not be permitted to file Form GSTR-1 if they have not filed Form GSTR-3B in the preceding month. |
| GSTR3B | Temporary consolidated summary return of inward and outward supplies that the Government of India has introduced as a relaxation for businesses that have recently transitioned to GST. |
| GSTR9 | Annual consolidated tax return (It contains the taxpayer’s income and expenditure in detail. These are then regrouped according to the monthly returns filed by the taxpayer). |
| GSTR9C | Audit form that needs to be filed by every taxpayer who is liable to get their annual reports audited when their aggregate turnover exceeds Rs. 2 crore/5 Crore in a financial year. |
Businesses registered under the Composition Scheme
| GST Returns | Purpose |
|---|---|
| GSTR4 | Quarterly return for compounding vendors (It contains the total value of supply made during the period covered by the return, along with the details of the tax paid at the compounding rate). |
| GSTR9A | Annual composition returns form that has to be filed by every taxpayer who is enrolled in the composition scheme. |
Other types of business owners and dealers
| GST Returns | Purpose |
|---|---|
| GSTR5 | Variable return for Non-resident foreign taxpayers. |
| GSTR6 | Monthly return for ISDs. |
| GSTR7 | Monthly return for TDS transactions. |
| GSTR8 | Monthly return for e-commerce operators. |
| GSTR9B | Annual return form that has to be filed by e-commerce operators who collect tax at the source. |
| GSTR10 | Final GST return before canceling GST registration. |
| GSTR11 | Variable tax return for taxpayers with UIN. |
Auto-drafted Returns
| GST Returns | Purpose |
|---|---|
| GSTR2A | An auto-drafted tax return for purchases and inward supplies made by a taxpayer. |
| GSTR2B | An auto-drafted document that will act as an Input Tax Credit (ITC) statement for taxpayers. |
| GSTR4A | Quarterly purchase-related tax return for composition dealers. |
