GST Filling & Consultants Service
Goods and Services Tax, known as GST, came into existence on 1st July 2017 that led to one of India’s Ultimate tax reforms of all time. Under this GST regime, filing GST returns every month is mandatory for all entities having GST registration, irrespective of business activity or sales or profitability during the return filing period. Hence, even an inactive business that obtained GST registration must file at least Nil GST return. To track and file monthly returns smoothly, get help from GST Return Filing In West Bengal.
For filing a GST return, businesses need to collect all sales and purchase invoices, along with the GST paid or collected. A GST Tax Consultant in West Bengal will enable you to accurately prepare and submit the return before the due date, ensuring full compliance. Even if no sales have occurred, businesses still need to file a Nil return.
GST Return Filing Made Easy
GST return is a Summary of all Sales details, Output tax liability and Input tax credit available. Filing these GST Returns requires tax liability payments to the government by the taxpayers.
There are many returns under GST which a taxpayer has to file with the GSTIN, we help you file accurate GST returns and always on time.
Failure to submit GST returns before the due date, will result in liability for interest and a late fee. Interest is 18% per annum. It has to be calculated by the taxpayer on the amount of outstanding tax to be paid. The time period will be from the next day of filing to the date of payment. Late fees are Rs. 100 per day per Act. So it is 100 under CGST & 100 under SGST. Total will be Rs. 200/day. Maximum is Rs. 5,000. There is no late fee on IGST. To avoid these penalties, contact with GST Filing Consultants In West Bengal for timely and accurate filing.
Details of Expenditure/Purchase attracting GST
Total Intrastate & Interstate Purchase
Total imports
Sales Returns
Other Purchases
Other Expenses
Details of Income/Sales attracting GST
Total Intrastate & Interstate sales
Total Exports
Purchase Returns
Other Supplies on which no GST is Paid
Other Income
Other Amount
Arrears (Audit / Assessment) etc
Refunds
General details
Your GST Number
Your Login Credential for GST Portal
DSC of Registered Person (if available)
Your Bank Account
| Nature of Return | Who has to file | Nature of Return in Detail | Tax Period | Due Date |
|---|---|---|---|---|
| CMP-08 (Payment) - Quarterly | Composition Scheme Tax Payers | Statement-cum-challan to make a tax payment by a taxpayer registered under the composition scheme whose aggregate Turnover upto 1.5 Crores | Quarterly | 18th of the month succeeding the quarter. |
| GSTR 4 (Annual Return) | Composition Scheme Tax Payers | Aggregate Turnover upto 1.5 Crores | Annually | 30th of the month succeeding a financial year. |
| GSTR-10 | Taxpayer whose GST registration is cancelled. | Final return to be filed by a taxpayer whose GST registration is cancelled. | Once, when GST registration is cancelled or surrendered. | Within three months of the date of cancellation or date of cancellation order, whichever is later. |
| GSTR-11 | Foreign diplomatic missions and embassies Having UIN | Return to be filed by the persons who have been issued a Unique Identity Number and claims a refund of the taxes paid on their inward supplies. | Monthly | 28th of the month following the month for which statement is filed. |
| GSTR1 | All Normal Taxpayers | Aggregate Turnover upto 1.5 Crores (if opted) | Quarterly | End of the month succeeding the quarter. |
| GSTR1 | All Normal Taxpayers | Aggregate Turnover more than 1.5 Crores | Monthly | 11th* of the next month with effect from October 2018 until September 2020. *Previously, the due date was 10th of the next month. |
| GSTR3B | All Taxpayers | Simple return in which summary of outward supplies along with input tax credit is declared and payment of tax is affected by the taxpayer. | Monthly | For the taxpayers with aggregate turnover equal to or below Rs 5 crore, 22nd of next month for taxpayers in Group A states/UTs and 24th of next month for taxpayers in Group B states/UTs |
| GSTR5 | Non-Resident Foreign Taxpayers | Don't have a business establishment in India | Monthly | 20th of the next month. |
| GSTR5 | Non-Resident Foreign Taxpayers | Came for short period of time to make supplies. | Monthly | 20th of the next month. |
| GSTR5 | Non-Resident Foreign Taxpayers | The registration is of a temporary nature | Monthly | 20th of the next month. |
| GSTR5 | Non-Resident Foreign Taxpayers | Make taxable supplies only after the issuance of the certificate of registration. | Monthly | 20th of the next month. |
| GSTR5A | Non-Resident Foreign Taxpayers (OIDAR Service provider) | Online Information and Database Access or Retrieval (OIDAR) | Monthly | 20th of the next month. |
| GSTR5A | Non-Resident Foreign Taxpayers (OIDAR Service provider) | Cannot claim any ITC | Monthly | 20th of the next month. |
| GSTR5A | Non-Resident Foreign Taxpayers (OIDAR Service provider) | Filing GSTR-5A is mandatory even if no business transaction | Monthly | 20th of the next month. |
| GSTR5A | Non-Resident Foreign Taxpayers (OIDAR Service provider) | Can file only after making full payment | Monthly | 20th of the next month. |
| GSTR6 | An Input Service Distributor | Return for an input service distributor to distribute the eligible input tax credit to its branches. Filing GSTR-6 is mandatory even if no business transaction | Monthly | 13th of the next month. |
| GSTR7 | All taxable persons deduct TDS (Tax Deducted at Source) | Any Person, Category of Person recommended by GST Council, Local Authority, Government Agencies, Authority, Board, Society, PSU, Department, Establishment of State or Central Government can deduct TDS | Monthly | 10th of the next month. |
| GSTR7 | All taxable persons deduct TDS (Tax Deducted at Source) | 2% TDS is deducted when invoice value exceeds Rs. 2.5 Lakhs excluding GST | Monthly | 10th of the next month. |
| GSTR7 | All taxable persons deduct TDS (Tax Deducted at Source) | Certificate for TDS deducted shall be made available in Form GSTR-7A to the deductee | Monthly | 10th of the next month. |
| GSTR8 | All e-commerce operators who are required to deduct TCS (Tax Collected at Source) | Any person who owns or manages a digital or electronic facility or platform for carrying out electronic commerce. | Monthly | 10th of the next month. |
| GSTR8 | All e-commerce operators who are required to deduct TCS (Tax Collected at Source) | Rate of TCS is notified as 1% of net taxable supplies | Monthly | 10th of the next month. |
| GSTR8 | All e-commerce operators who are required to deduct TCS (Tax Collected at Source) | Aggregate Turnover more than 20 lakh rupees (10 lakhs in NE India) | Monthly | 10th of the next month. |
| GSTR9 | All taxpayers registered filing GSTR1 & GSTR3B | *Consolidation of all Monthly or Quarterly Returns *Optional for FY 2017-18 and FY 2018-19 where Aggregate Turnover less than 2 Crores | Annually | 31st December of next financial year. |
| GSTR9A Annual Return | Composition Scheme Taxpayers | Annual return to be filed by a taxpayer registered under the composition levy anytime during the year. | Annually | 31st December of next financial year. Filing Annual Return for FY 2017-2018 & 2018-2019 are waived off |
| GSTR9C Audit Form | Certified reconciliation statement for all taxpayers | * Aggregate Turnover exceeds Rs.5 crores * Liable to get their annual reports audited. | Annually | 31st December of next financial year. |