Summarized overview of GST prepared on the basis of detailed study

1. •Place where
movement of
goods
terminate
Movementof
goods
•Locationof
Third
Person
Supply on
direction of Third
Person
•Location of
goods at time
of delivery to
recipient
Supply without
movement
•Location at
whichgoods
are taken on
board
Supply onBoard
Conveyance
•As per law of
Parliament
based on
Council’s
suggestion
Others
3
Nature Return For To be Filed by
Outward Supply GSTR-1 Outward supplies made by
taxpayer(other than compounding
taxpayer and ISD)
10th of the next month
Inward Supply GSTR-2 Inward supplies received by
taxpayer(other than compounding
taxpayer and ISD)
15th of the next month
Monthly Return GSTR-3 Monthly Return(other than compounding
taxpayer and ISD)
20th of the next month
TDS GSTR-7 Monthly Return for authorities deducting
tax at source
10th of the next month
E-Commerce
Operator
GSTR-8 Details of supplies effected through e-
commerce operator and the amount of
tax collected as required.
By 10th of the month
succeeding the tax
period
Annual Return GSTR-9 Annual Return along with the audited
copy of the annual account for every
registered taxable person who is required
to get his account audited u/s 53(4) [whose
turnover exceeds 1Cr. In the FY for which annual
return is being filed]
By 31st December
following the end of
Financial Year
Final Return GSTR-10 Final return for every taxable person who
applies for cancellation of registration
Within 3 months of the
date of cancellation or
cancellation order,
whichever is later.

2. •Place where
movement of
goods
terminate
Movementof
goods
•Locationof
Third
Person
Supply on
direction of Third
Person
•Location of
goods at time
of delivery to
recipient
Supply without
movement
•Location at
whichgoods
are taken on
board
Supply onBoard
Conveyance
•As per law of
Parliament
based on
Council’s
suggestion
Others
3
Nature Return For To be Filed by
Compounding
taxpayer
GSTR-4 Quarterly return for compounding
taxable persons
Within 18 days after
end of relevant
quarter
Non-Resident
taxable person
GSTR-5 Monthly Return for Non- Resident
foreign taxable person
(a) Within 20 days
after the end of
calendar month or
(b) within 7days after
the last day of the
validity period of
registration,
Whichever is earlier.
ISD GSTR-6 Monthly Return for Input
Service Distributor
13th of the next
month
Person having
UIN
GSTR-11 Details of inward supplies to be
furnished by a person having UIN
By 28th of the month
following the month
for which statement
is filed.

3. Inter Linkage between 3 Returns – GSTR 1, GSTR 2 & GSTR 3

4. Flowchart for understanding above Inter
linkage
Let us say, M/s Shri Niwas Steel Ltd. (SNSL) have data in respect of
inward supply and outward supply for the month April-2017 as
follows:-
OutwardSupplies of M/s SNSL Inward Supplies of M/s SNSL
Bill No. Customer Name Bill No. SupplierName
Bill 1 A Ltd. Bill 25 Shital Steels.
Bill 2 B Ltd. Bill45 White Aluminium
Bill3 C Ltd. Bill 02 Lakshmi Wooden
Bill4 D Ltd. Bill 50 Lakshmi Wooden

5. 10th May 2017
M/s SNSL uploads Form
GSTR-1 with their outward
supply bills
Inward Supplier (Shital
Steels, White Aluminium ,
and Lakshmi Wooden) of
M/s SNSL will also upload
their outward supply made
to M/s SNSL in Form GSTR-1
M/S SNSL
A Ltd. Bill 1
B Ltd. Bill 2
C Ltd. Bill 3
D Ltd. Bill 4
M/S SNSL
Bill 02
Bill 25
Bill 45
Form
GSTR-1

6. 11th May 2017
M/s SNSL can view their inward supplies through FORM GSTR-2A which
is auto-populated as below:-
11th to 15th May 2017
1) M/s SNSL reconciles the bills shown in FORM GSTR-2A with their
books.
2) During verification, M/s SNSL finds the Bill 50 (Purchase made from
Lakshmi Wooden is not reflecting in FORM GSTR- 2A)
15th May 2017
M/s SNSL Uploads the missed out bill (Bill 50) in FORM GSTR 2
Form GSTR-2
M/S SNSL
Bill 50

7. 16th May 2017
Bill 50 added by M/s SNSL is made available to Lakshmi Wooden in
Form GSTR – 1A
16th to 20th May 2017
1) Between 16th and 20th May, Lakshmi Wooden verifies and accepts Bill
50.
2) The accepted bill will be amended in FORM GSTR -1 accordingly.
Form GSTR-1
Lakshmi
Wooden
Bill 50
20th May 2017
1) Automated return FORM GSTR 3 is available to M/S SNSL.
2) For Payment and submission of GSTR-3
Form GSTR-3

8. Rs 100 per
day subject
to
Maximum
Rs 5000
Outward Supply
(GSTR 1)
Inward Supply
(GSTR 2)
Monthly Return
(GSTR 3)
Final Return
(GSTR 10)
Levy of Late Fees
Any registered taxable person who fails to furnish the details of outward or
inward supplier as the case may be :-
Outward Supp
Rs 100 per day
subject to
Maximum
0.25% on
turnover in the
state
Annual Return
(GSTR 9)