Know all GSTR Forms Latest Due dates as on July 2020

1. GSTR 1 is a monthly return of outward supplies.

Essentially, it is a return showing all the sales transactions of a business. Every register dealer required to file GSTR-1. Taxpayers having annual turnover upto Rs 1.5 crores can opt to file the GSTR-1 once in every quarter. Government give Relaxation for levy of late fee for GSTR-1:

GSTR-1 for March to June 2020

2. GSTR-3B is a monthly self-declaration to be filed by a registered GST dealer along with GSTR 1 and GSTR 2 return forms.

It is a simplified return to declare summary GST liabilities for a tax period. Concessional rate of interest for delay on filing of GSTR-3B return till September 30, 2020:

GSTR-3B for February to August 2020

The due dates have not been extended, however, relaxation has been provided from levy of interest (wherever applicable) and late fee for the given period.

Specified States-I

Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep

Specified Sates-II

Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi.

3. CMP 08 for Composition dealers

Small traders, manufacturers and service providers can avail the composition scheme. 1% GST is leviable on turnover if the turnover of a taxpayer is up to Rs 1.5 crore. The value of turnover comes down to Rs 75 lakh for some States which comes under special category. CMP-08 has abridged and simplified the complete process of filing and replaced GSTR-4 which was initially mandatory to be filed every quarter. Due date of Filing GSTR-4 return till 15th July, 2020*

* CBIC : Representations have been received on non-availability and extension of date of FORM GSTR-4 for FY 2019-20 on the common portal. The matter of extension of date of GSTR-4 for FY 2019-2020 is under consideration by the GST Implementation Committee

4. GSTR-5 & 5A for the months of March to June

GSTR-5 is a return form for the person registered under the Goods and Services Tax (GST) and is a non-resident foreign taxpayer. GSTR-5 includes a summary of information about details of the taxpayer, B2B outward supplies, B2C Inter-state supplies, Imported goods deatails etc. Due date of filing GSTR-5 & 5A has been extended till 31 August 2020.

5. GSTR 6 for Input Service Distributor:

GSTR -6 is details information of all document issued for distribution of ITC. Method of distribution of credit and tax invoice on which credit is received. GSTR-6 is monthly return filed by Impute tax distributor. Due date of filing GSTR-6 has been extended till 31 August 2020.

6. GSTR 7 is a return to be filed by the Tax Dedicator (Tax deducted at source) under GST.

GSTR 7 contains the details of TDS deducted, TDS liability payable and paid, TDS refund claimed if any etc. Due date of filing GSTR-7 has been extended till 31 August 2020.

7. Due date of GSTR-8

GSTR-8 is applicable to every E-Commerce operator who want to collect TCS (Tax at Source) all taxable supplied made through online. It includes the supplies made by E-commerce platform to the registered, unregistered customer, tax paid, and tax payable. All Taxable supplies and tax collected at source by the e-commerce operator need be report in GSTR-8. The Due date of filing GSTR-8 has been extended till 31 August 2020.