Step By Step Guide For GST Return Filing In West Bengal


GST return filing is a must for all people with GST registration in India. Under GST registration, one has to file GSTR1, GSTR2 and GSTR3 returns on the 10th, 15th and 20th of each month. Here, in this blog we tell about GST return filing in details.
Source: thewadhwagroup


With GST, it makes no difference, if you are a manufacturer, a trader or a service provider, you have to file GST returns. The GST is charged on sales price of services or goods, the amount to be paid to the Government is based on value added to the services or goods at every level of distribution or supply.

After doing registration for GST, you have to do the following:
  • apply GST charge on all the sales, except for exempted supplies
  • provide tax invoices to GST-registered people within a month
  • maintain the receipts and GST invoices on buying goods for your services
  • retain GST invoices to claim your GST credit
  • maintain all your records and documents to support your GST returns
  • do your GST calculations, if required
  • calculate GST total

 What Returns to be filed under GST? 

Let us see what returns to be filed under GST and its due dates.

Return Form Who can file the return? Due date for filing returns
GSTR-1 Registered suppliers who are taxable 10th of following month.
GSTR-2 Registered recipient who are taxable 15th of following month.
GSTR-3 Registered individual who is taxable 20th of following month.
GSTR-4 Composition supplier must file for quarterly return. 18th of succeeding quarters.
GSTR-5 Return for non-resident taxable person. 20th of following month.
GSTR-6 Return for input service distributor. 13th of following month.
GSTR-7 Return for carrying out tax deduction at source. 10th of following month.
GSTR-8 E-commerce operator or tax collector. 10th of following month.
GSTR-9 Registered taxable person must file annual return. 31st December of next financial year.
GSTR-10 Taxable person with cancelled or surrendered registration Within 3 months of date of cancellation
GSTR-11 Person with UIN claiming refund should file details of inward supplies. 28th of the month, next to the month for which statement was filed.


Procedure of filing GST returns
As per GST rules, every business need to file 3 returns each month. Returns must be filed only electronically.

First you must declare your supplies and purchase input are automatically populated depending on your vendor submissions.

If your vendor fails to declare your sale, you will be denied a credit to the transaction.

A step-by-step method to file returns:
10th of each month, you have to declare your sales in GSTR-1

Between 11th to 15th, your inward supply will get auto-populated and you can make corrections in GSTR-2A

On 20th, the auto-populated GSTR-3 will be available for filing and payment

How the refunds will be processed?
The GST refunds get directly credited to bank account, if your bank details are provided. You can fill a direct credit authorization form, that is available in the “Forms and guides” section.
If refund is applicable, they will send you a cheque within 15 working days.

e-filing of GST returns
GST-registered businesses must do e-Filing of returns and make electronic payment by the due date. You can do e-filing of your GST returns through GSTN Portal.

To e-file your GST returns you have to provide the following documents:
  • Your organization's tax reference number
  • Your PAN card
  • Your ID and Password
  • Your organization's e-Services Access Code issued by GSTN.
But, always remember that you need to apply for a GST registration to file a return. This is necessary to maintain records clearly. There are several firms and service providers, who assist and support the entire procedure of GST registration and return filing at some reasonable pay amount. It is wise to take their help to have a hassle free process and save your valuable time.

How to simplify the process of filing returns under GST?
GST payments when able to be paid digitally there would be wide spread adoption of technology.
Businesses with various branches would be adopting wiser technologies to enable branch transfers and this being GST charged, have to re-plan locations as the pros of state relevant differential taxes would be removed and the nation would get transformed into a single market.

Late Fees for not Filing Return on Time
If GST Returns not filed on time, you would be penalized with paying interest and a late fee. The interest is 18% per annum and is calculated on the amount of due amount to be paid.

An amount of Rs. 100 per day per Act is charged as late fee. But there is no late fee on IGST.
Location: West Bengal, India

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