1. Contents Purpose of filing returns
Key Highlights of Draft Goods and Services Tax Return Rules
List of Returns
Return formats
Manner of furnishing details of outward supplies
Manner of furnishing details of inward supplies
Manner of furnishing return by a regular person
Manner of furnishing return by other persons
Matching of returns and communication of ITC mismatches

2. 01 02 03 04 05 Purpose of filing returns
Mode for transfer of information to tax
administration 02
Compliance verification program of tax
administration 03
Finalization of the tax liabilities of a taxpayer
For a specified period 04
Providing necessary inputs for taking policy decision 05
Management of audit and anti-evasion programs
of tax administration

3. 01 04 02 05 06 03 Key Highlights of Draft GST Return Rules
Number of Forms
20 different forms for a taxpayer (Form GSTR-1 to GSTR-11)
7 separate forms for Tax Return Preparer (Form GST-TRP-1 to GST-TRP-7)
ITC Mismatch Returns
A new GST Return for,
Communicating input tax credit (ITC) mismatches
Final acceptance of ITC,
Mismatches adding to the output liability etc. 01 04
Multiple Returns
Separate GST Return forms for
Outward supplies
Inward supplies
Consolidated return / final return 02
Annual Return / Audit
Mandatory annual return for all registered person
Requirement of CA Certified audit report if turnover > INR 1 Crore 05
Different returns for different class of persons
Normal taxable person
Compounding dealers
Non-Resident taxable person
Persons required to deduct or collect tax at source etc.
Reconciliation Statement
A Reconciliation Statement to be certified under Section 42 of Model GST Law in Form GSTR 9B 06 03

4. List of Returns

5. List of Returns
Return formats

6. Manner of furnishing details of outward supplies
10th
Outward supplies effected during a tax period
Outward supplies effected during an earlier tax
period
(on account of errors / omissions)
GSTR-1
Step 1
10th
Details of outward supplies of a supplier to be made available to the recipient in Part A of FORM
GSTR-2A
Step 2
Step 3
Recipient to add, correct or delete the details of inward supplies in his FORM GSTR-2 or FORM GSTR-4
Such addition / deletion to be made available to the supplier in FORM GSTR-1A
Step 4
Supplier to either accept or reject the modifications made by the recipient
Step 5
Furnishing of GSTR-1 (with amendments to the
extent of modifications accepted by the supplier)
Step 6

7. Manner of furnishing details of inward supplies
Details received from Supplier
Details received from ISD
Details received from tax deductor
Details received from tax collector
GSTR-1
GSTR-6
GSTR-7
GSTR-8 A A A A
Part A
Part B
Part C
Part D
Assesse should prepare GSTR-2 from GSTR-2A with any changes as suggested by his records as compared to Auto populated GSTR-2A
GSTR-2A A
GSTR-2
Auto-populated details

8. Manner of furnishing return by a regular person
Form GSTR-3 is divided in two parts as shown below;
15th
GSTR-2
Electronic Credit Ledger
10th
Part B of GSTR-3 consist of tax liability for the month.
Every taxable person is required to discharge the liability as contained in part B of form GSTR-3
GSTR-1
Electronic Cash Ledger
Part A of GSTR-3
Part B
of GSTR-3
Consolidated Form GSTR-3
20th

9. Manner of furnishing return by other persons
31st Dec
GSTR-4
(Quarterly Return)
GSTR-9
(Annual Return.
Reconciliation between turnover as per GST and books of A/c)
Compounding Dealers
All assesses other than compounding dealers
20th
GSTR-5
(Return also to be filed within 7 days of expiry of registration)
31st Dec
Non-Resident Taxable Person
GSTR-9A
(Annual Return.
Reconciliation between turnover as per GST and books of A/c)
For compounding dealers
GSTR-10
(Filed within 3 months from date of cancellation order or date of cancellation whichever is later)
Person who applies for cancellation
31st Dec
GSTR-9B
(Audited Annual Accounts along with Reconciliation Statement)
For taxable persons if Turnover > 1 crore
GSTR-11
(For claiming refund of taxes paid on inward supplies)
UIN holders
e.g. UN bodies, Embassies

10. Matching of Returns and Communication of Mismatches
GSTR-3 Filed By Supplier
GSTR-3 Filed By Recipient
Credit Granted on Provisional Basis
Matching of Returns by GSTN
Steps to be taken by a taxpayer
Steps to be taken by GSTN
Whether there is a mismatch?
ITC to the extent of matched credit No
The recipient shall be eligible to reduce the amount added earlier from his output tax liability
Yes
Mismatch Communicated to Supplier and Recipient in GST ITC-1
If Supplier declares the details of the invoice and/or
debit note in his valid return within the time specified in sub-section (7) of section 27.
Discrepancy to be Resolved By Supplier/Recipient
Discrepancy Resolved?
ITC to the extent of discrepancy resolved
Difference Shall be added to recipient’s liability in GSTR-3 of succeeding month. Interest shall also to be paid.
Yes No

11. Questions

12. Thank You