Complete Guide to File GST Return Online

What is GST Return?

This is an official government document that includes payments, GST invoices, and receipts for a duration. All business owners are required to specify transactions relating to their business. This is how the authorities will determine the tax amount. Today, you can file GST online from the comfort of your home. The GSTIN details that are essential include:

• Total purchases
• Total sales
• Input Tax Credit
• Output GST

10 Types of GST Returns

There are different GST return types that regular taxpayers need to pay. Let us have a closer look at them.

1. GSTR – 1: This includes services and taxable goods details.
2. GSTR – 2: This includes information on inward supplies and ITC claims.
3. GSTR – 3: This includes details on monthly returns relating to inward & outward supplies. Also, it has the total tax payable information.
4. GSTR – 4: This includes information relating to quarterly return filing.
5. GSTR – 5: This has information relating to GST return filing for NRIs.
6. GSTR – 6: This has the form for service distributors.
7. GSTR – 7: This has the form that allows return filing for TDS.
8. GSTR – 8: This includes supply information for e-commerce.
9. GSTR – 9: This is the form for filing annual returns.
10. GSTR – 10: This has the information to file annual returns for compounding taxable individuals.

The Complete Guide to Filing GST Returns Online

All suppliers, manufacturers, and consumers need to file tax returns. Today, filing tax returns has gotten easier. You can complete the entire process online. An individual can file a GST return through the official GST portal. Below are the steps you need to follow for filing the GST returns online.

Step 1: You first need to visit the official website of the GST portal. Here is the link: www.gst.gov.in.

Step 2: You will be issued a 15-digit GST identification number. This will be depending on your PAN number as well as your state code.

Step 3: The next step is to upload the invoices on the portal. You will get an invoice reference number.

Step 4: Once you upload the invoice, you will have to file the monthly return, inward return, and outward return. Make sure to avoid any errors. In case of mistakes, you can correct them and refile them.

Step 5: Now you need to file the outward supply returns through the information section.

Step 6: The outward supply details will be available in GSTR-2A.

Step 7: The recipient will now have to verify the details. In case of any changes, they will edit the information and file notes.

Step 8: The recipient also has to verify the inward supply details.

Step 9: Now the supplier can choose to reject or accept the changes in the information.

How To Check The Status of GST Returns?

You can now check the status of GST Returns online on the official website. There are a total of 3 ways you can check your status. We will have a look at each one of them in detail.

Method 1: Checking status through the ARN option.

Follow the steps below to track your GST Return status using the ARN option.

• Step 1: Log into the official GST portal using your credentials.
• Step 2: You will find a ‘Services’ option on the top menu. Click on that.
• Step 3: Under the ‘Returns’ tab, choose ‘Track Return Status’.
• Step 4: Choose the ARN option.
• Step 5: Put your ARN in the field.
• Step 6: Hit the ‘Search’ tab. You will find the status of your GST Return on the screen.

Method 2: Checking status through the Return Filing Period Option.

Follow the steps below to track your GST Return using Return Filing Period.

• Step 1:Log into the official GST portal and enter your valid credentials.
• Step 2: You will see a ‘Services’ option on the top menu. Select the option.
• Step 3: Under the ‘Returns’ option choose ‘Track Return Status’.
• Step 4: Choose the ‘Return Filing Period’ option.
• Step 5: You will be redirected to a new page. Here you need to choose the return filing period and financial year.
• Step 6: Hit the ‘Search’ tab. You will find the status of your GST Return on the screen.

Method 3: Checking status through the Status option.

Follow the steps below to track your GST Return using the Status option.

• Step 1: Log into the official GST portal. Enter your credentials.
• Step 2: Choose the ‘Services’ option from the menu.
• Step 3: Select the ‘Track Return Status’ under the ‘Returns’ tab.
• Step 4: Choose the ‘Status’ option.
• Step 5: Now you need to choose the Status of Return from the drop-down menu.
• Step 6: Finally, hit the ‘Search’ tab. You will see the GST Return details on the screen.

The Bottom Line

This is how you can file GST returns online. Make sure you pay them on time. Failure to pay can lead to a penalty. The late fee is Rs. 200 per day. But this fee is subject to change. Now that you know how to file GST returns online, you can do it the next time. If you love finance-related articles, visit the Piramal Finance website. They have interesting write-ups in the finance sector.