GST Due Dates

GST Due Dates

GST (or Goods & Service Tax) due dates help all of the registered professionals and businesses to be prepped and ready well in advance for compliance. For taxpayers to file their GST returns & forms under the GST law in order to avoid getting held by any interest or late fee, these dates are very important. The Central Board of Indirect Taxes and Customs or CBIC is the focal national entity that administers GST, Service Tax & Narcotics, Central Excise & Customs in India. The CBIC continually extends these GST due dates of various forms and returns from time to time.

Structure of GST Returns Filing Process

Regular taxpayers

The GST returns in forms GSTR-1 and GSTR-3B are to be filed by businesses and professionals registered under GST every month if their annual aggregate turnover during the financial year exceeds Rs.5 crore (Was Rs.1.5 crore up to December 2020).

From the quarter of 1st January 2021, the taxpayers having annual turnover up to Rs.5 crore may opt for the QRMP scheme, under which they can file both GSTR-1 and GSTR-3B once in a quarter while continuing to make a monthly estimated payment of taxes. In between, auto-drafted returns such as GSTR-2A and GSTR-2B will help taxpayers to claim their eligible input tax credit in their GSTR-3B.

Composition taxable individuals

A person registered under the composition scheme must pay tax once in a quarter in form CMP-08 giving basic details while he must file a new version of GSTR-4 every year by 30th April for FY 2019-20 onwards. Till FY 2018-19, a taxpayer registered under the composition scheme had to file a quarterly return in form GTSR-4 and an annual return in form GSTR-9A.

GST Returns Due Dates (Updated September 2021)

The due dates for filing GST returns can be extended by issuing orders or notifications. Here, we have got for you the list of upcoming GST returns due dates you must not miss!

GSTR-1

1. Quarterly Filing (Annual turnover up to Rs.5 crore can opt for quarterly filing**)

*The due dates from April-June 2021 tax periods onwards for GSTR-1(quarterly) are yet to be notified by the CBIC, as of 14th June 2021.

**Such taxpayers can also make use of IFF to upload B2B invoices or documents every month, if they opt into the QRMP scheme, If not, then they must file returns on a monthly basis.

2. Monthly Filing

(Annual turnover of more than Rs.5 crore must file monthly or not opted into the QRMP scheme, wherever eligible)

GSTR-2 and GSTR-3

The filing of these forms is currently suspended.

GSTR-3B

From January 2021 to September 2021, Aggregate turnover exceeding Rs.5 crore in the previous financial year:

*The due dates from June 2021 tax periods for GSTR-1 and GSTR-3B are yet to be notified by the CBIC, as on 14th June 2021.

Aggregate turnover up to Rs.5 crore in the previous financial year

1. Not opting for the QRMP scheme

*The due dates from June 2021 tax periods for GSTR-1 and GSTR-3B are yet to be notified by the CBIC, as on 14th June 2021.

2. Opting for the QRMP scheme

*The due dates from April-June 2021 tax periods for GSTR-1 and GSTR-3B are yet to be notified by the CBIC, as on 14th June 2021.

CMP-08

GSTR-4

The due date to file GSTR-4 return for FY 2020-21 is notified as 31st July 2021. The due date to file GSTR-4 return for the FY 2019-20 was further extended to 31st October 2020 from 31st August 2020.

GSTR-5

Summary of outward taxable supplies and tax payable by the non-resident taxable persons:

GSTR-5A

Summary of outward taxable supplies and tax payable by Online Information and Database Access or Retrieval Services (OIDAR) provider:

GSTR-6

Details of Input Tax Credit (ITC) received and distributed by an Input Service Distributor (ISD):

GSTR-7

Summary of Tax Deducted at Source (TDS) and deposited under GST laws:

GSTR-8

Summary of Tax Collected at Source (TCS) by e-commerce operators under GST laws: