Draft of new GST return form unveiled

Our Bureau New Delhi | Updated on May 22, 2019 Published on May 22, 2019

There will be an all-India entrance exam with a nominal fee to screen the aspirants. All commerce graduates and those who are pursuing graduation will be eligible to take exam.

Stakeholder comments invited; formal rollout expected in July

The Goods & Services Tax (GST) Authority has come out with a draft of a new and simplified return form. The new form is expected to be formally rolled out in July.

Through this exercise, made public on Wednesday, the authority aims to obtain feedback on the user interface and its functionalities. The users can fill the template and mail the same.

The new GST Return will have Form GST RET-1 (Normal), Form GST RET-2 (Sahaj) and Form GST RET-3 (Sugam) on either monthly or quarterly basis along with the Annexure of Supplies (GST ANX-1) and the Annexure of Inward Supplies (GST ANX-2). The template can be accessed on

Two categories

Stakeholders can share their comments on ‘’, said GSTN, the IT backbone of the GST regime. As on date, there are 1.21 crore assessees under the indirect tax regime that are clubbed mainly into two categories: composition scheme and others. The composition scheme assessees are required to file the return on a quarterly basis, while others have to file on a monthly basis. Beside this, all of them have to file annual returns. Since the introduction of the new regime, over 27-crore returns have been filed.

The new filing system will have functionalities such as drop-down menus, invoice upload, and upload of purchase register for matching with system-created inward supplies. The suppliers will have to file a detailed return in Form GST RET-1. Businesses that supply only to consumers (B2C) have to file return form ‘Sahaj’. It includes details of outward supplies and inward supplies, attracting reverse charge as well as summary of inward supplies for claiming the input tax credit (ITC).

Besides, businesses making supplies to both businesses (B2B) and consumers (B2C) have to file the return form ‘Sugam’. It includes summary of supplies made and tax liability and summary of inward supplies for claiming the ITC, along with details of interest due and tax payment.

The new return filing format would replace the current requirement of filing final sales return GSTR-1 and summary sales return GSTR-3B. The GST Council in July last year decided that the simplified GST return forms — Sahaj and Sugam — would be rolled out on a pilot basis from April 1, 2019, while mandatory filing across the country would kick in during second quarter of fiscal 2019-20.

According to Rahul Dhuparh, DGM (GST) Taxmann, unlike the traditions, the government has provided prototype of ‘New Return Forms’ on the GST common portal to enable the taxpayers and consultants to experience and learn the new functionality before it goes live. The portal has also given an option wherein taxpayers can share their feedbacks. This is a good practice ever started by any Department before implementing a new compliance process. “The prototype does not make any arithmetic calculations but it provides a complete walk-through of the figures reported in the return forms,” he said.

Published on May 22, 2019

A letter from the Editor

Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.