Important Due Dates For GST Returns Filing

Important Due Dates For GST Returns Filing

Important GST Dates – GST Calendar 2021- 2022

GST calendar helps every registered business and professionals to be ready for compliance well in advance. GST Dates are crucial for every taxpayer to file the GST returns and prescribed forms under the GST law to avoid incurring any interest or late fee.

The CBIC continues to extend the GST Dates of various returns and forms under GST. Accordingly, our handy GST calendar can remind you when to pay tax and file your GST returns.

Overview of the GST Returns Filing Structure

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). On the other hand, the rest of the taxpayers had an option to choose a quarterly GSTR-1 filing while continuing to file GSTR-3B monthly, until 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. An Invoice Furnishing Facility (IFF) has also been made available for quarterly filers of GSTR-1 to upload documents of their B2B outward supplies. 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 persons

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.

Returns for specific transactions/persons

Special transactions under GST have been defined with specific GST returns such as GSTR-5, GSTR-5A, GSTR-6, GSTR-7 and GSTR-8. For more information about GST returns, read our article on ‘GST Returns’.

GSTR-1

Quarterly Filing

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

QuarterDue date
Jul-Sept 202113th Oct 2021*
Oct-Dec 202113th Jan 2022*
Jan-Mar 202213th Apr 2022*

*The due dates from April-June 2021 tax periods onwards for GSTR-1(quarterly) are yet to be notified by the CBIC, as on 12th October 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.

Monthly Filing

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

MonthDue Date
September 202111th October 2021*
October 202111th November 2021*
November 202111th December 2021*
December 202111th January 2022*
January 202211th February 2022*
February 202211th March 2022*
March 202211th April 2022*
*The due date from the June 2021 tax period for GSTR-1 and GSTR-3B is yet to be notified by the CBIC, as on 12th October 2021.

GSTR-3B

GSTR-3B is a summary return to be filed by all taxpayers except those registered under the composition scheme, every month. However, from 1st January 2021, there is also a quarterly filing option provided to taxpayers with an annual aggregate turnover of up to Rs.5 crore, opting for the QRMP scheme.

From September 2021 to March 2022

Aggregate turnover exceeding Rs.5 crore in the previous financial year

MonthDue Date
September 202120th October 2021*
October 202120th November 2021*
November 202120th December 2021*
December 202120th January 2022*
January 202220th February 2022*
February 202220th March 2022*
March 202220th April 2022*

*The due dates from June 2021 tax periods for GSTR-1 and GSTR-3B are yet to be notified by the CBIC, as on 12th October 2021.

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

(1) Not opting for the QRMP scheme

MonthDue Date
September 202120th October 2021*
October 202120th November 2021*
November 202120th December 2021*
December 202120th January 2022*
January 202220th February 2022*
February 202220th March 2022*
March 202220th April 2022*

*The due dates from June 2021 tax periods for GSTR-1 and GSTR-3B are yet to be notified by the CBIC, as on 12th October 2021.

(2) Opting for the QRMP scheme

QuarterDue date
Jul-Sept 2021*For category X states/UT:22nd Oct 2021
For category Y states/UT:24th Oct 2021
Oct-Dec 2021*For category X states/UT:22nd Jan 2022
For category Y states/UT:24th Jan 2022
Jan-Mar 2022*For category X states/UT:22nd Apr 2022
For category Y states/UT:24th Apr 2022
*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 12th Oct 2021.

Created & Posted by (Anuj)

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