Filecrat

all gst registered suppliers of goods and services are required to file returns providing details of outward supplies, inputs taken under reverse charge, and inward supplies.

suppliers having an annual aggregate turnover up to rs. 1. 5 crores, can choose to file return of outward supplies in form gstr-1 on a quarterly basis. Others have to file the form on a monthly basis.

the simplified monthly return in form gstr-3b was introduced on a temporary basis to help suppliers file the requisite details easily. Gstr-3b continues to be filed until the new regime of return filing is implemented. The gst council in its 39th meeting held on 14th march, 2020 has decided that the current system of return filing shall be continued till september, 2020.

hence, gstr-1 (monthly or quarterly) and gstr-3b (monthly) are the two returns that normal registered suppliers have to file currently. Composition suppliers, e-commerce operators, input service distributors, non-resident taxable person, etc there are specific forms that are required to be filed on a monthly/ quarterly basis.