GST Registration & Retuns

What are the due dates for filing GST returns?

GSTR 1: The 11th of Subsequent of that month
GSTR 3B: The 20th of that subsequent month
CMP 08: 18th of the month succeeding the quarter of the specific fiscal year.
GSTR 4: 18th of the month succeeding the quarter.
GSTR 5: 20th of the subsequent month
GSTR 6: 13th of the subsequent month
GSTR 7: 10th of the subsequent month
GSTR 8: 10th of the subsequent month
GSTR 9: 31st December of the Fiscal year.
GSTR 10: Within 3 months of the date of cancellation or the date of cancellation order whichever is earlier.
GSTR 11: 28th of the month that is following the month for which the statement was filed.

What is GST Registration

Under Goods And Services Tax (GST), businesses whose turnover exceeds the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be, must register as a normal taxable person. It is called GST registration.

For certain businesses, registration under GST is mandatory. If the organisation carries on business without registering under GST, it is an offence under GST and heavy penalties will apply.

Who should obtain the GST registration?

Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.)

Businesses with turnover above the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be

Casual taxable person / Non-Resident taxable person

Agents of a supplier & Input service distributor

Those paying tax under the reverse charge mechanism

A person who supplies via an e-commerce aggregator

Every e-commerce aggregator

Person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered taxable person

Documents Required for GST Registration

*PAN of the Applicant

*Aadhaar card

*Proof of business registration or Incorporation certificate

*Identity and Address proof of Promoters/Director with Photographs

*Address proof of the place of business

*Bank Account statement/Cancelled cheque

*Digital Signature

*Letter of Authorization/Board Resolution for Authorized Signatory

GSTR 2A Vs GSTR 2B

Particulars	GSTR 2A	GSTR 2B
Nature	It is dynamic in nature. It may vary day to day, when the supplier uploads the document	It remains constant in nature. GSTR 2B cannot change, based on suppliers’ future actions.
Data	Changes Continuously	Constant
Eligible/ In-Eligible Credit	Doesn’t Provides Bifurcation	Provides Bifurcation
Data Source	GSTR-1/IFF GSTR-5 (Non Resident) GSTR – 6 (ISD) GSTR – 7 (GST –TDS) GSTR – 8 (GST –TCS)	GSTR- 1/IFF GSTR-5 (Non Resident) GSTR – 6 (ISD)
Major Difference	When Supplier files return of any previous period, then ITC will be reflected in the GSTR – 2A of the previous period for which it is filed. Eg: GSTR 1 of April filed in July , ITC will be reflected in GSTR – 2A of April.	When Supplier files return, of any previous period then ITC will be reflected in the GSTR – 2B of the current period in which it is filed. Eg: GSTR-1 of April filed in July , ITC will be reflected in GSTR – 2B of July .

GST Registration & Retuns