4. Returns to be filed by a normal taxpayer of the supplier for the supplies effected during the previous month. •It needs to be filed by the 10th of every month in GSTR-1 relation to supplies effected during the previous month. Statement of •For example, a statement of all the outward supplies Outward made during the month of July, needs to be filed by Supplies 10th August. •This Statement signifies accrual of ITC (Input Tax Credit) from the inputs received during the previous month. •It is auto-populated from the GSTR- 1s filed by the corresponding suppliers of the Taxpayer except for a few fields like imports, and purchases from unregistered GSTR-2 suppliers. Statement of •It needs to be filed by the 15th of every month in relation Inward to supplies received during the previous month. Supplies •For example, a statement of all the inward supplies received during the month of July needs to be filed by 15th August. •This is a consolidated return. It needs to be filed by the 20th of every month. It consolidates the following details •a. Outward Supplies (Auto-Populated from GSTR-1) •b. Inward Supplies (Auto-Populated from GSTR-2) GSTR-3- •c. ITC availed Return •d. Tax Payable •e. Tax Paid (Using both Cash and ITC) •This signifies the tax liability
4. Returns to be filed by a normal taxpayer GSTR-1 Statement of Outward Supplies GSTR-2 Statement of Inward Supplies GSTR-3- Return •This signifies the tax liability of the supplier for the supplies effected during the previous month. •It needs to be filed by the 10th of every month in relation to supplies effected during the previous month. •For example, a statement of all the outward supplies made during the month of July, needs to be filed by 10th August. •This Statement signifies accrual of ITC (Input Tax Credit) from the inputs received during the previous month. •It is auto-populated from the GSTR- 1s filed by the corresponding suppliers of the Taxpayer except for a few fields like imports, and purchases from unregistered suppliers. •It needs to be filed by the 15th of every month in relation to supplies received during the previous month. •For example, a statement of all the inward supplies received during the month of July needs to be filed by 15th August. •This is a consolidated return. It needs to be filed by the 20th of every month. It consolidates the following details •a. Outward Supplies (Auto-Populated from GSTR-1) •b. Inward Supplies (Auto-Populated from GSTR-2) •c. ITC availed •d. Tax Payable •e. Tax Paid (Using both Cash and ITC)