Oct 14, 2017
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GST monthly return: Form and manner of submission of monthly return

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GST monthly return

GST monthly return article is mainly talks about the rules that are revised by the GST council.  Furthermore, to help the supplier for filing the monthly supply of return. Under GST , the council has clearly stated the types and forms so required to file the return.  However, Only registered person has right to claim and filed for return under GST India. RULE-3 of GST Revised Return Rules deals with GST monthly return.

Which FORM is applicable to file GST monthly return supplies?

RULE 3- Form and manner of submission of  GST monthly return

Form(Electronically) Monthly

Content with reference to section39 (1) of GST act and also section 10, 51 & 52 of the same

FORM GSTR-03

Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under secrtion 10 & 51 shall furnish return

FORM GSTR-1, FORM GSTR-2 and based on other liabilities of preceding tax periods (PART-A)

Electronically generated PART-A of return form

FORM GSTR-3 (PART-B)

Furnish return by discharging his liability towards tax, interest, penalty, fees or any

other amount payable under the Act in PART-B of return form

Return in FORM GSTR-3B, in lieu of FORM GSTR-3, may furnish

If time limit of Form GSTR-1 and GSTR-2 is extended

what are the procedure to follow:

RULE-3 Form and manner of submission of monthly return

  1. Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under section 10 or section 51 or, as the case may be, under section 52 shall furnish a return specified under sub-section (1) of section 39 in FORMGSTR-3 electronically through the Common Portal either directly or through a Facilitation Centre notified by the Commissioner.
  2. However,Part A of the return under sub-rule (1) shall electronically generate on the basis of information furnished through returns in FORM GSTR-1, FORM GSTR-2 and based on other liabilities of preceding tax periods.
  3. Every registered person furnishing the return under sub-rule (1) shall, subject to then provisions of section 49, discharge his liability towards tax, interest, penalty, fees or any other amount payable under the Act or these rules by debiting the electronic cash ledger or electronic credit ledger and include the details in Part B of the return in FORM GSTR-3.
  4. Thus,A registered person, claiming refund of any balance in the electronic cash ledger in accordance with the provisions of sub-section (6) of section 49, may claim such refund in Part B of the return in FORM GSTR-3 and such return shall be deemed to be an application filed under section 54 .
  5. Where the time limit for furnishing of details in FORM GSTR-1 under section 37 and in FORM GSTR-2 under section 38 has extend, return in FORM GSTR-3B, in lieu of FORM GSTR-3, may furnish in such manner as may be notified by the Commissioner.

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Renuka is a Final Year LL.B. student at Siddharth College of Law. She has done her Bachelors in Banking & Insurance and has also completed her Masters in Business Management . She likes to participate in legal workshops and Moot Courts. Besides her interest in law, she has a keen aptitude for legal research and is good at putting her analysis into words.

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