GSTR-1 is a quarterly statement that should be filed by every registered GST taxpayer. Contains details regarding the outward supplies, i.e., sales.
Filing month
On or before the 11th of the subsequent month.
GSTR 7 is the return that has to be filed with the assistance of the tax deductor and contains details regarding TDS. e.g., deductions, payable and paid amounts, any refund claimed, etc.
Filing month
On or before the 11th of the subsequent month.
GSTR -3B, GSTR 3B is a summary return with revenue.
Filing month
On or before the 11th of the subsequent month.
EXTENSION
CBIC on his notification dated 17 July 2023 has officially extended its date for filing GST returns specifically for those operating their business from the State of Manipur.
NOTIFICATION NO. 18/2023, NOTIFICATION No. 19/2023, NOTIFICATION NO. 21/2023
However, this is specifically for those whose principal place is situated in the State of Manipur.
How to File GST Returns Online?
Visit the GST portal https://www.gst.gov.in/.
Enter your state code and PAN number and a GST identity no. will be provisioned.
Upload invoices in the portal. A reference number will be provisioned.
After submissions, an outward and inward return is to be completed.
On or before the 10th of the following month, file the GSTR-1 form operating the input division of the GST Common Portal.
Now the outward supply details will be shown in GSTR-2A.
The recipient must verify all the necessary information, including details regarding inward supplies of taxable goods and services in the GSTR-2 form.
Now supplier has the choice of acknowledging or repudiating the recipient's GSTR-1A according to the specifications.
CONCLUSION
The specified ITR forms are available on the official website, having no discrepancy in the manner of filing forms comparing to previous year. This year will be very significant for all taxpayers. This is preferably the very first time that taxpayers will have the prospect to choose a supplementary beneficial tax administration.
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