GST Registration is the first step for our social responsibility for the nation. The next step after New GST Registration is take care of all the compliances made for the same like to file GST Returns, to pay GST Tax on our purchases and to charge GST on our sale. So, after GST Registration, the taxpayer has to file some GST Returns and pay the liability before due dates.

There are various GST Return forms prescribed with their due dates.

FOR REGULAR TAXPAYERS :

1. GSTR-1-   Details of sales of taxable goods and/or services effected.
2. GSTR-2 - Details of purchase of taxable goods and/or services effected claiming input tax credit.
3. GSTR-3 - Monthly return on the basis of finalization of details of sales and purchase along with the payment of amount of tax.
4. GSTR-3B - Simple return launched on behalf of GSTR-3 for Pay tax.

Late Fee for filing GSTR-3B after the due date is as follows:

• Rs. 50 per day of delay (Maximum Rs.5000 per Month)
• Rs. 20 per day of delay for taxpayers having Nil Tax Liability for the Month. (Maximum Rs.5000 per Month)
• Interest @ 18% per annum is payable on the amount of outstanding tax to be paid.