Mastering GST Returns in India: Your Ultimate Step-by-Step Guide 2023

Managing Goods and Services Tax (GST) returns in India can feel like a complex process, but this blog will offer valuable insights to help you save time.

In this comprehensive guide, we’ll break down the process into simple steps and provide you with a clear understanding of the various types of GST returns, who needs to file them, and the consequences of late filing. So, let’s dive right in!

Understanding GST Returns

GST Returns, in a nutshell, are forms that taxpayers must file based on their Goods and Services Taxpayer Identification Number (GSTIN). With around 22 types of GST forms floating around, including 11 active ones, 8 view-only forms, and 3 suspended forms, your filing requirements depend on your registered taxpayer type.  

Meet the Taxpayer Types 

Before diving into the intricate details of filing, let’s acquaint ourselves with the types of taxpayers under the GST regime:


Timing is Key: Frequency of Filing 

Filing GST returns isn’t a one-size-fits-all affair. The frequency varies:


How to File Your GST Returns Online & Offline? 


Online Filing Process

The process of filing GST returns online is simpler than you might think. Follow these steps:


The Offline Path

For those preferring offline methods:


Know How to Download GST Returns Form


Here’s a step-by-step guide to downloading GST returns from the government portal:

You can follow these steps to download any GSTR file from the government portal.

Smart Accounts Payable: How ViTWO ai ERP E-Invoicing Transforms AP Automation


In the dynamic business landscape, innovation often comes in the form of technology-driven solutions that reshape the way we handle essential processes. 

What if I tell you that there is a solution that can automate the whole process of filing GST Returns! One such game-changer is ViTWO ai e-invoicing, a transformative tool altering the way businesses manage their finances and compliance.

ViTWO ai ERP E-Invoicing under GST – the futuristic approach is about to revolutionise Accounts Payable (AP) Automation, promising efficiency, accuracy, and no headaches.

The E-Invoicing Evolution under GST

E-invoicing is a digital superhero that businesses in India have welcomed with open arms. It’s more than just going paperless! It’s about digitising the entire invoicing process from end to end. 

The mechanism entails businesses registering their invoices with the government before sending them out. This not only ensures compliance but also triggers a cascade of benefits.

Unlocking AP Automation’s Power 

Imagine an Accounts Payable process smooth, fast, and error-free. That’s the magic of AP Automation. Traditionally, managing invoices from collection to payment has been a labyrinth of manual tasks – time-consuming and prone to errors.

This is where AP Automation steps in, utilising technology to handle supplier invoices like a breeze. The suite of tools includes automatic data capture, streamlined approval workflows, and seamless payment processing.

E-Invoicing and ViTWO ai AP Automation: A Perfect Match

E-invoicing and AP Automation are like a match made in a tax haven. 

Here’s why:

Stronger Supplier Relationships: Integrating e-invoicing with AP Automation brings unmatched efficiency and accuracy. Supplier relationships benefit from transparency, timely payments, and smooth reconciliation. 

Understanding the Forms: Different Types of GST Returns 

1. GSTR-1

File all your rendered goods and services, including invoices and credit/debit notes.

2. GSTR-2A

View-only return for purchased goods and services, detailing inward supplies from GST-registered suppliers.

3. GSTR-2B

Another view-only return, it contains ITC data for buyers of goods and services.

4. GSTR-3B

Monthly self-declaration for summarised details of outward supplies, input tax credit claimed, tax liability, and taxes paid.

5. GSTR-4

Annual return for composition taxable persons, filed by April 30th each year.

6. GSTR-5

For non-resident foreign taxpayers conducting transactions in India.

7. GSTR-5A

Summarises taxable supplies and taxes payable by Online Information and Database Access or Retrieval Services providers.

8. GSTR-6

Monthly returns filed by Input Service Distributors detailing input tax credit distribution and related documents.

9. GSTR-7

Filed by TDS deductors, it includes TDS details, liability payable, and paid.

10. GSTR-8

For e-commerce operators, recording supplies made through the platform and associated TCS.

11. GSTR-9

Annual return for all GST-registered taxpayers.

12. GSTR-9C

Filed by taxpayers with turnover exceeding Rs. 2 crores, involving certification by a CA or CMA after a GST audit.

13. GSTR-10

For cancelled or surrendered registrations, to be filed within three months of cancellation.

14. GSTR-11

For foreign diplomatic missions and embassies seeking refunds of taxes.

The Sting of Late Filing: Penalties

The late filing comes with a price. Interest at 18% per annum on the outstanding tax amount and a late fee of Rs. 200 per day (Rs. 100 CGST + Rs. 100 SGST) await procrastinators.

Tracking Your Progress: Checking GST Return Status

To track your GST return status:


The Final Word

Filing GST returns no longer needs to be a headache-inducing chore. With the simplified online process and a clear understanding of the various forms, you can confidently tackle your GST return filing. 

Meanwhile, in the world of business, time is money – and both are valuable commodities. The ViTWO ai ERP E-Invoicing under GST is set to revolutionise AP Automation, saving precious time, reducing errors, and supercharging efficiency. 

Now you’re equipped with all the requisite information you need to master GST returns in India. Get started on your filing journey today, and stay on top of your tax responsibilities!

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