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GSTR-1 Filing

What is GSTR-1?
Every business registered under Goods and Services Tax must file a monthly/quarterly return of sales or outward supplies, known as GSTR-1. By filing this return, every taxpayer makes a declaration of all the sales transactions made by him in the given period.

What is the due date for filing GSTR-1?
The due date to file GSTR-1 is 11th of the succeeding month (monthly filing) or end date of the following month succeeding the relevant quarter (quarterly filing). For example, GSTR-1 for the month of January 2019 will be 11th February 2019 in case of monthly filing and for the quarterly filing, the due date will be 30th April 2019 for the Jan-March 2019 quarter.

What is the late fee and penalty for GSTR-1?
NIL Return
Late Fee for not filing GSTR-1 is ₹ 100 per day of delay (₹ 50 as per the CGST Act and ₹ 50 as per the SGST Act. The late fees will be charged from the date after the due date.

Tax Return
Late Fee for not filing GSTR-1 is ₹ 200 per day of delay (₹ 100 as per CGST Act and ₹ 100 as per the SGST Act. The late fees will be charged from the date after the due date.

However, currently, the late fee has been reduced to ₹ 50 per day (tax return) and ₹ 20 per day (for nil return).

What are the common issues faced while filing GSTR-1?

1. What should be done if one receives an error “You have no summary to submit GSTR-1”?
   This message pops up if one has a nil return. Please make sure you are putting in 0 in all the fields and file again.
2. I am not able to select an earlier date (Nov 1) for an invoice. What should I do?
   The date mentioned in the invoice comes before the customer’s GST registration date. Move the invoices to B2C section and delete the customer’s GSTIN mentioned in these invoices. Then, re-compute B2C summary followed by re-uploading to the Govt. portal. Please note that your customer will not be able to get an input tax credit in such cases since they were not registered under GST for those invoice dates.
3. I am getting an error “Invalid GSTIN ’08AABCM*****1ZO'”. What does this mean?
   This error means that you have entered incorrect GSTIN of your customer. You need to check the GSTIN on the government website.

GSTR-1A Filing

What is GSTR-1A?
It is an amendment form used to correct the GSTR-1 for any mismatches between the GSTR-1 of a taxpayer and the GSTR-2 of his customers.

What is the due date for filing GSTR-1A?
The due date to file GSTR-1A is between 15th and 17th of the following month. For example, GSTR-1A for October has to be accepted/rejected between 15th to 17th November.

What are the common issues faced while filing GSTR-1A?

1. Can a supplier add any detail in GSTR-1A?
   No, the supplier cannot add any detail in GSTR-1A.
2. Is it compulsory to submit GSTR-1A before generation of GSTR-3?
   GSTR-1A is not mandatory to be submitted before the generation of GSTR-3.
3. When can a taxpayer start taking action on auto-populated details in his GSTR-1A and submit it?
   This can be done after the expiry of the due date for GSTR-2, i.e. 15th of the subsequent month or any other notified date.
4. Submit button is not enabled to submit GSTR-1A. What should I do?
   After selecting the checkbox for acknowledgment, the SUBMIT button will be enabled.
5. Can I make changes to the invoices after submitting GSTR-1A?
   You cannot make any changes to the invoices once you submit GSTR-1A.

GSTR-3B Filing

What is GSTR-3B?
This is a monthly self-declaration to be filed by a registered dealer. GSTR-3B has been introduced by the Govt. to ease out the burden of the taxpayers. In this return, the taxpayer has to furnish the total values for each field.

What is the due date for filing GSTR-3B?
GSTR-3B is to be filed on 20th of the following month. For example, the GSTR-3B for the month of Nov 2018 will be 20th Dec 2018.

What is the late fee and penalty for GSTR-3B?
A taxpayer must file GSTR-3B even if there is no sale or purchase in a month. Currently, Late Fee for filing GSTR-3B after the due date is as follows:

• ₹ 50 per day of delay
• ₹ 20 per day of delay for taxpayers having Nil tax liability for the month

An interest @ 18% per annum is payable on the amount of outstanding tax to be paid.

What are the common issues faced while filing GSTR-3B?

1. I have no sales or purchase this month. Should I still file GSTR-3B?
   Yes, GSTR-3B has to be filed by every registered person even if there are no transactions in a month.
2. Should I provide invoice wise details on the return?
   Not required as only consolidated numbers are required in GSTR-3B.
3. Is there any invoice matching in GSTR-3B?
   No, invoice matching is there in GSTR-3B. This return is more of a self-declaration.
   
   
4. Do I need to file GSTR-1, GSTR-2 & GSTR-3 even after filing GSTR-3B?GSTR-1 has to be filed on a monthly or a quarterly basis depending on the turnover limit. Due dates and filing of GSTR-2 and GSTR-3 will be worked out by the GST Council soon. GSTR-3B is to be filed every month.
   

GSTR-4 Filing

What is GSTR-4?
It is a quarterly return for those who have registered themselves under the GST Composition Scheme. The entities which have a turnover up to 1 crore INR are eligible for this scheme. Under the composition scheme, the taxpayer is required to file one return every quarter instead of three returns every month.

What is the due date for filing GSTR-4?
The due date for filing GSTR 4 is 18th of the month after the end of the quarter. For example, the due date for the quarter April to June 2018 will be 18th July 2018.

What is the late fee and penalty for GSTR-4?
A penalty of ₹ 200 per day is levied if the GSTR-4 is not filed. The maximum penalty that can be charged is ₹ 5,000.

In case the GSTR-4 is not filed for a given quarter, then the taxpayer cannot file the next quarter’s return.

According to Notification No. 73/2017 – Central Tax, late fees for GSTR-4 has been reduced to ₹ 50 per day of default. And for NIL return, the same has been reduced to ₹ 20 per day of delay.

What are the common issues faced while filing GSTR-4?

1. Where all the B2B transactions should be declared?
   B2B transactions of a Composition Dealer are not required to be declared in GSTR-4 for July-Sept and Oct-December return.
2. Can filed GSTR-4 be revised?
   There is no provision for revising GSTR-4. One needs to thoroughly review ones GSTR-4 before filing.
3. Why should I declare reverse charge transactions in my GSTR-4?
   RCM on purchase from unregistered dealers has been put on hold from 13th Oct 2017.
   

GSTR-9 Filing

What is GSTR-9?
GSTR 9 is an annual return to be filed once for each financial year by the taxpayers registered under GST. The taxpayers are required to furnish details of the purchase, sales, input tax credit or refund claimed or demand created in this return. In the Annual Return for FY 2017-18, the details pertaining to the period from July 2017 to March 2018 are reported.

What is the due date for filing GSTR-9?
GSTR-9 is filed on or before the 31st of December of the subsequent financial year. However, the Government can extend this due date as per its discretion.

The 38th GST Council meeting has extended the last date for filing of GSTR-9 (Annual Return) and GSTR-9C (Reconciliation Statement) for FY2017-18 to 31st January 2020.
The due date for GSTR-9 and GSTR-9C for FY 2018-19 has been extended to 31st March 2020.

What is the late filing penalty for GSTR-9?
The late fees of Rs 100 under CGST & Rs 100 under SGST will be applicable in case of delay. Thus, the total liability is Rs 200 per day of default. However, this is subject to a maximum of 0.25% of the taxpayer’s turnover in the relevant state or union territory. There is no late fee on IGST yet.

What are the common issues faced while filing GSTR-9?

1. Can I file an auto-populated GSTR-9 form if my turnover is below ₹ 1.5 crores?
   Yes, you can file an auto-populated GSTR-9 form. However, there are some sections that are not auto-filled by GSTN. Therefore, you need to check the same before filing GSTR-9 as once filed it can’t be revised.
2. If I pay SGST in place of IGST by mistake, do I need to show additional IGST payable in Table 9?
   You need to pay IGST first for FY 2017-18 and then declare it in Table 9.
   
   
3. Do I need to compulsorily mention SAC in GSTR-9 for Outward Supplies?Yes, you have to mention SAC if your turnover is above the threshold limit of ₹ 1.5 crores.
   
   
4. I have paid the tax but submitted GSTR-3B as a Nil return, how should I file the Annual Return?
   In this case, you can make manual changes in GSTR-9.