The Compliance Schedule under GST

[CASanjay Kumawat]

Types and objectives of the filing:

1. GSTR-3B: With the objective of ensuring smooth roll out of GST and taking into account the concerns expressed by the trade and industry regarding filing of the returns in GST regime, it was decided that, for the initial months of GST regime, the tax would be payable based on a simple return (Form GSTR-3B) containing summary of outward and inward supplies which will be submitted before 20th of the succeeding month.

2. GSTR-1: Every registered dealer is required to file GSTR-1 every month. The return contains details of all outward supplies made during the month.

3. GSTR-5: The GST Return 5 is a document/statement that has to be filed by every registered non-resident taxable person for the period during which they carry out businesses transactions in India.

4. GSTR-5A: GSTR-5A is a Return to be furnished by Online Information and Database Access or Retrieval (OIDAR) services provider to un-registered person or customers, on the GST Portal for the services provided from a place outside India to a person in India, other than a registered person.

5. GST ITC-01: Registered person who is entitled to claim credit of input tax under section 18 (1) is required to file a declaration in Form ‘GST ITC-01’. The credit may be availed for inputs held in stock, Inputs contained in semi-finished or finished goods held in stock or capital goods as the below;

1. One day immediately preceding the date on which his registration is granted for claim under clause (a) or clause (b) of sub-section (1) of section 18,

2. One day immediately preceding the date from which he becomes liable to pay tax under section (9) for claim under clause (c) of sub-section (1) of section 18, and

3. One day immediately preceding the date from which the supplies made by registered taxpayer becomes taxable for claim under clause (c) of sub-section (1) of section 18.

6. GST CMP-03 : After opting into Composition Scheme, a taxpayer has to intimate the government about the stock held by them on the day of opting into the scheme. The stock details have to be provided in Form GST CMP-03.

The compliance schedule for the filing of returns under GST is summarized hereunder:

S.No.	To whom	What	Period	When (Due Date)	Authority
1.	To all registered persons	GSTR-3B	December, 2017	20th  January, 2018	Notification No. 35/2017- CT, dated 15.09.2017
			January, 2018	20th  February, 2018	Notification No. 56/2017- CT, dated 15.11.2017
			February, 2018	20th  March, 2018	Notification No. 56/2017- CT, dated 15.11.2017
			March, 2018	20th  April, 2018	Notification No. 56/2017- CT, dated 15.11.2017
2.	Registered person having turnover upto 1.5 Cr.	GSTR-1	July-September, 2017	10th January, 2018	Notification No. 71/2017- CT, dated 29.12.2017
			October - December, 2017	15th  February, 2018	Notification No. 57/2017- CT, dated 15.11.2017
			January - March, 2018	30th  April, 2018	Notification No. 57/2017- CT, dated 15.11.2017
3.	Registered person having turnover more than 1.5 Cr.	GSTR-1	July - November, 2017	10th  January, 2018	Notification No. 72/2017- CT, dated 29.12.2017
			December, 2017	10th  February, 2018	Notification No. 58/2017- CT, dated 15.11.2017
			January, 2018	10th  March, 2018	Notification No. 58/2017- CT, dated 15.11.2017
			February, 2018	10th  April, 2018	Notification No. 58/2017- CT, dated 15.11.2017
			March, 2018	10th  May, 2018	Notification No. 58/2017- CT, dated 15.11.2017
4.	For Non-resident taxable person	GSTR-5	July- December, 2017	31st January, 2018	Notification No. 68/2017- CT, dated 21.12.2017
5.	For Supplier of online information and database access or retrieval services	GSTR-5A	July- December, 2017	31st January, 2018	Notification No. 69/2017- CT, dated 21.12.2017
6.	For person entitled to claim credit U/s 18(1) of the CGST Act, 2017	ITC-01	July- November, 2017	31st January, 2018	Notification No. 67/2017- CT, dated 21.12.2017
7.	For person who has opted for composition scheme.	GST CMP-03	Stock held on the date preceding the date from which the option to pay tax under section 10 of the CGST Act is exercised.	31st  January, 2018	Order No. 11/2017-GST, dated 21.12.2017