GST registration holders are required to file GSTR-3B return every month providing details of sales and purchases made in a month to the Government. GSTR-3B return is due on the 20th of each month.
Apart from GSTR-3B return, GST registered users must file GSTR-1 return. GSTR-1 return must be filed every month by businesses having annual revenue of over Rs.1.5 crores. In case a business has a yearly revenue of less than Rs.1.5 crores, GSTR-1 return can be filed every quarter.
Annual GST return has to be filed by all GST registered entities. The due date for filing GST annual return for FY 2017-18 is 31st December 2019. The due date for filing GST annual return for FY2018-19 is 31st March 2020.
GST Return Due Dates
The following are upcoming GST return due dates:
- December 2019 GSTR-3B will be due on 20th of January 2020.
- November GSTR-1 return for persons having annual revenue of more than Rs.1.5 crores will be due on 11th January 2020.
- October – December GSTR-1 return for persons having annual revenue of less than Rs.1.5 crores will be due on 31st January 2020.
Keep watching this page for the latest updates to GST return due dates.
Total Cost for filing GST Returns: INR 300.00 for NIL returns, INR 500.00 having upto 10 invoices per month, INR 1000.00 having upto 50 invoices per month, INR 1500.00 having more than 50 invoices per month.The price is for every single month’s GST return irrespective of legal status of the business entity.
Penalty for Late Filing GST Return
The penalty for late filing GST return is different for persons having NIL return and persons having turnover. In case a person has no business, NIL GST return must be filed. Failure to file NIL GST return can lead to a penalty of Rs.20 per day for each of the GSTR-3B return. So, failure to file NIL GST return can result in a penalty of Rs.20 per day (Rs. 10 for CGST and Rs.10 for SGST).
In case a person turnover and failing to file GST return can lead to a penalty of Rs.50 per day for each of the GSTR-3B return. So, failure to file GST return can result in a penalty of Rs.50 per day (Rs. 25 for CGST and Rs.25 for SGST).
|Return Form||Particulars||Who require to file?||Due Date of Filing|
|GSTR-1||Statement of Outward Supplies of taxable goods or services||Registered Supplier||10th of the next month|
|GSTR-2||Statement of Inward supplies of taxable goods or services (claiming ITC)||Registered Taxable Recipient||15th of the next month|
|GSTR-3B||Consolidated Monthly Return on the basis of finalization of details of outward supplies (GSTR-1) and inward supplies (GSTR-2) along with the Tax Payable & Tax Paid (Cash + ITC)||Registered Person||20th of the next month|
|CMP-08||Quarterly Return for Composition Scheme Taxable person.||Composition Supplier||18th of the month succeeding quarter|
|GSTR-5||Return for Non-Resident Foreign Taxable person||Non-Resident Taxable Person||20th of the next month|
|GSTR-6||Return for Input Service Distributor (ISD)||Input Service Distributor (ISD)||13th of the next month|
|GSTR-7||Return for authorities deducting tax at source.||Tax Deductor||10th of the next month|
|GSTR-8||Details of supplies effected through e-commerce operator and the amount of tax collected||E-commerce Operator/Tax Collector||10th of the next month|
|GSTR-9||Annual Return||Registered Person||31st December of next financial year|
|GSTR-10||Final Return||Taxable person whose registration has been surrendered or cancelled.||Within three months of the date of cancellation or date of cancellation order, whichever is later.|