Goods And Service Tax (B.Com) 3rd Sem Previous Year Solved Question Paper 2022

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What do you mean by GST Return? What type of returns are specified under GST Regime? Discuss in detail.


Goods and Services Tax (GST) returns are periodic statements that a registered taxpayer in India is required to file with the tax authorities. These returns contain details of the taxpayer’s sales, purchases, and tax liability or entitlement. The GST regime in India prescribes various types of returns to be filed, each serving a specific purpose. Here are the main types of GST returns:

1. GSTR-1 – Outward Supplies Return:
 - Filed by regular and casual taxpayers.
 - Contains details of outward supplies (sales) made during a specific tax period.
 - Due by the 11th of the following month.

2. GSTR-3B – Summary Return:
 - A summary return where taxpayers provide summarized details of their monthly outward and inward supplies along with the tax liability.
 - Filed monthly.
 - Due by the 20th of the following month.

3. GSTR-4 – Composition Dealer Return:
 - Filed by taxpayers opting for the Composition Scheme.
 - Contains details of the tax payable under the Composition Scheme.
 - Due quarterly.

4. GSTR-5 – Non-Resident Foreign Taxpayer Return:
 - Filed by Non-Resident Foreign Taxpayers.
 - Contains details of their inward and outward supplies.
 - Filed monthly.

5. GSTR-6 – Input Service Distributor Return:
 - Filed by Input Service Distributors (ISD) who distribute the credit of input services to their units or branches.
 - Contains details of ISD’s input tax credit and its distribution.
 - Filed monthly.

6. GSTR-7 – TDS (Tax Deducted at Source) Return:
- Filed by persons who are required to deduct TDS under GST.
 - Contains details of TDS deducted and deposited with the government.
 - Filed monthly.

7. GSTR-8 – TCS (Tax Collected at Source) Return:
 - Filed by e-commerce operators who collect TCS on supplies made through their platforms.
 - Contains details of TCS collected and deposited with the government.
 - Filed monthly.

8. GSTR-9 – Annual Return:
 - Filed by regular taxpayers at the end of each financial year.
 - Contains details of annual sales, purchases, and tax paid.
 - Due by the 31st of December following the end of the financial year.

9. GSTR-10 – Final Return:
 - Filed when a taxpayer cancels their GST registration.
 - Contains details of the closing stock and liabilities.
 - Filed within three months of the date of cancellation.

10. GSTR-11 – Inward Supplies Statement for UIN:
 - Filed by persons having a Unique Identification Number (UIN) and are entitled to a refund.
 - Contains details of inward supplies.
 - Filed monthly.