Compliances play an essential role for taxpayers as well as government. These compliances keeps the checks and balances for each GST registered taxpayer. The GST compliances for month of August, 2021 are as follows:
Also Read: Quarterly Return Monthly Payment Scheme Under GST
GST Compliances: August, 2021
The compliances for GST for the month of August, 2021 are as follows:
– Firstly, filing of GST return for tax deducted at source
– Secondly, filing of GST return by e-commerce operators responsible for tax collection at source
– Thirdly, filing of monthly GSTR-1, where turnover exceeds Rs. 1.5 crores
– Fourthly, filing of GSTR-1 for taxpayers having an aggregate turnover of more than Rs. 1.5 crores or taxpayers opting to file monthly returns.
– Fifthly, GST return for Input Service Distributor
– Sixthly, filing of GST return by NRI and ODIAR services provider
– Seventhly, filing of GSTR-3B for persons having an annual turnover of Rs. 5 crores
– Eighthly, filing of GST Challan
– Lastly, payment under the GST Amnesty Scheme
GST Compliances & Due Dates: August, 2021
| Period | Form to be filed | Description | Due date |
|---|---|---|---|
| July, 2021 | GSTR 7 | GSTR 7 is a return to be filed by the persons who is required to deduct TDS (Tax deducted at source) under GST | 10.08.2021 |
| July, 2021 | GSTR 8 | GSTR-8 is a return to be filed by the e-commerce operators who are required to deduct TCS (Tax collected at source) under GST | 10.08.2021 |
| July, 2021 | GSTR 1 | Taxpayers having an aggregate turnover of more than Rs. 1.50 Crores or opted to file Monthly Return (The due date has been extended for GSTR 1 by 15 days as decided in 43rd GST Council Meeting) | 11.08.2021 |
| July, 2021 | GSTR 1 IFF (QRMP) | GST return for the taxpayers who opted for QRMP scheme (Optional) (The due date has been extended for GSTR 1 (IFF) by 15 days as decided in 43rd GST Council Meeting) | 13.08.2021 |
| July, 2021 | GSTR 6 | Input Service Distributors | 13.08.2021 |
| July, 2021 | GSTR 5 & 5A | Non-Resident Taxpayers and ODIAR services provider | 20.08.2021 |
| July, 2021 | GSTR 3B | The due date for GSTR-3B having an Annual Turnover of more than 5 Crores | 20.08.2021 |
| July, 2021 | GST Challan (PMT 6) | GST Challan Payment if no sufficient ITC for May(for all Quarterly Filers) | 25.08.2021 |
| July 2017 to April 2021 | GST Amnesty Scheme | End date for the new GST Amnesty scheme for filing GSTR 3B without any additional fees | 31.08.2021 |
Also Read: Types Of GST Returns, Filing Period And Due Dates
Note:
In order to provide relief to taxpayers, the GST Council had introduced Amnesty Scheme to provide relief to taxpayers regarding late fee for pending returns through 43rd GST Council Meeting!
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