GST Act mandates every registered entity to furnish details of its sales and purchases including tax paid and collected thereon by filing GST returns Taxpayers must provide correct information to department as the system is designed so that all transactions are in synchronized with each other and no transaction is left unnoticed between buyers and sellers. GST team of K J S And Associates let you focus on your business, by filing your tax returns in compliance with GST regime.
Among various GST Returns some of the Returns as Below
Return Form |
Details |
Due Date |
Frequency |
GSTR- 1 (For turnover up to 1.5 crore) |
Details of outwards supplies of taxable goods and services |
31st of the month subsequent to quarter |
Quarterly |
GSTR- 1(For turnover above 1.5 crore) |
Details of outwards supplies of taxable goods and services |
10th of the subsequent month |
Monthly |
GSTR- 3B |
Summary return to be filed by every tax payer |
20th of the subsequent month |
Monthly |
GSTR- 4 |
Details of inward and outward supplies by composition taxpayers |
18th of the month subsequent to quarter |
Quarterly |
GSTR- 5 |
Periodic return to be filed by non-resident foreign taxpayer |
20th of the subsequent month / within 7 days of expiry of registration |
Monthly |
GSTR- 6 |
To be filed by input service provider for distribution of credit (ITC) amongst its units |
13th of the subsequent month |
Monthly |
GSTR- 7 |
To be filed by all taxpayers required to deduct tax at source (GST TDS) |
10th of the subsequent month |
Monthly |
GSTR- 8 |
To be filed by taxpayers required to collect tax at source. E-commerce operators are required to collect tax at source |
10th of the subsequent month |
Monthly |
GSTR- 9 |
Annual return that must be filed by all regular taxpayers |
31st of December of subsequent F.Y. |
Annual |
GSTR- 10 |
Final return after surrender or cancellation of GST registration |
Within 3 months of date of surrender or registration |
Once |
GSTR- 11 |
To be filed by persons having Unique Identity Number. GST Unique Identity Number is allotted to Consulate, Embassies and UN bodies for claiming refund on inward supplies |
Due by 28th of subsequent month |
Monthly |
As per GST Act, every taxable person if satisfy the criteria required for GST audit have to get its Audit done by Chartered Accountant, and we at K J S And Associates, developed the strong team for GST audits and handling critical issues in GST Audit
Types of GST Audit
Types |
Performed By |
When Initiated |
Turnover based Audit |
Chartered Accountant or Cost Accountant appointed by the taxpayer |
If the Turnover exceeds 2 crores the taxpayer has to get his accounts & records audited |
Normal audit/General Audit |
Commissioner of CGST/SGST or any Officer authorized by him |
On order of Commissioner by giving 15 days prior notice |
Special audit |
A Chartered Accountant or Cost Accountant, nominated by Commissioner |
On order of Deputy/Assistant Commissioner with prior approval of Commissioner |
Turnover-based Audit under Section 35(5) of CGST Act
If the annual turnover of a registered taxpayer is more than Rs. 2 crores in a financial year , he is required to get his accounts audited by a Chartered Accountant or Cost Accountant every year.
Aggregate turnover is calculated as follows:
Aggregate turnover = Value of all taxable (inter-state and intra-state) supplies + exempt supplies + export supplies of all goods and services
Forms for Annual return and GST Audit
Type of taxpayer |
Form to be filed |
Whether or not applicable to GST Audit |
A Regular taxpayer filing GSTR 1 and GSTR 3B |
GSTR-9 |
A Taxpayer under Composition Scheme |
GSTR-9A |
E-commerce operator |
GSTR-9B |
Applicable for GST Audit |
Taxpayers whose turnover exceeds Rs. 2 crores in FY |
GSTR-9C |