Play Store

App Store

IRIS GST Blogs

Introduction to Annual Returns and its different forms

As per the New Notification released by government of September 4th 2018, registered taxpayers under GST now have to file an annual return. In this blog you will find the different type of annual returns and understand if you are liable to file any of the different forms under the new law.

Filing Due Dates extended for GSTR 1

Govt has announced extended the filing due dates. Read more to know the dates

New Simplified Return Forms - Sahaj & Sugam and difference in filing return for small taxpayers

Find out what the new simplified return forms; Sahaj & Sugam are and how they will affect return filing for small taxpayers.

Comparative Analysis of New Main Return and existing GSTR 1

Currently, the details of outward supplies are filed through GSTR 1 and in the new filing regime, the details of outward supplies will be part of Annexures of the Main Return will be populated. Here is the comparative analysis of details which are provided now and what will be needed in simplified GST returns.

Simplified GST Returns and Filing for a Regular Taxpayer

Taxpayers having the turnover above Rs. 5 crores commonly known as large taxpayers need to currently file two GST returns each month. As per proposed new formats the large taxpayer will need to file only one return a month, referred to as Main Return. Let’s understand the key differences between the current and new return process and filings