GST Return Filing (Regular Taxpayer)

GST return filing is the process of submitting periodic returns to the government under India’s Goods and Services Tax (GST) system. These returns provide a summary of a taxpayer’s sales, purchases, input tax credit, and tax liability for a specific period.

The type and frequency of return filing depend on the nature and size of the business, as well as the registration type under GST. For instance, regular taxpayers are required to file monthly returns, while those registered under the composition scheme file quarterly returns.

Types of GST Returns:

1) GSTR-1: Details of outward supplies (sales) by regular taxpayers

2) GSTR-3B: Monthly summary return of sales, purchases, ITC, and tax liability

3) CMP-08: Quarterly return for taxpayers under the composition scheme

4) GSTR-5: Return for non-resident taxable persons

5) GSTR-6: Return for Input Service Distributors (ISD)

6) GSTR-7: Return for persons deducting TDS under GST

7) GSTR-8: Return for e-commerce operators collecting TCS under GST