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New Simplified GST Return Forms - Sahaj & Sugam

November 20, 2019

GST Return

New GST Return Forms - Sahaj & Sugam

The Central Board of Indirect Taxes & Customs has released new GST return forms. The government aims at simplifying the return forms of taxpayers with this new GST forms introduced. Under the new GST return policy, there will be one main return i.e. Form GST RET-1 and two annexures i.e. Form GST ANX-1 and Form GST ANX-2.

Which are the new GST forms released?

The new GST forms released will be applicable from the second quarter of FY 2019-20. While GSTR-3B and GSTR-1 will be continued to be applied, the new GST forms released are:

  • Normal
  • Sahaj
  • Sugam

Which GST Should the Taxpayer Opt For?

If taxpayers file returns on a monthly or quarterly basis through GST RET-1, he will be eligible to take credit of the missing invoices. The case is otherwise for taxpayers who opt to file Sahaj (GST RET-2) or Sugam (GST RET-3).

The taxpayer also has the following options to switch their returns:

  • Only once in a FY at the beginning of any quarter:
    Normal → Sugam or Sahaj
    Sugam → Sahaj
  • More than once in a FY at the beginning of any quarter:

        Sahaj → Normal or Sugam
        Sugam → Normal

What is the Outline of the New GST Return?

 Form GST ANX-1

 Annexure of outward and inward supplies drawing reverse charges

 Form GST ANX-2

 Annexure of inward supplies

 Form GST RET-1

 Form GST RET-2

 Form GST RET-3

 Monthly/Quarterly return

 Form GST ANX-1A

 Revision of Form GST ANX-1

 Form GST RET-1A

 Form GST RET-2A

 Form GST RET-3A

 Revision of Form GST RET-1, Form GST RET-2, Form GST RET-3

 Form GST PMT-8

 Payment of self-assessed tax

What Are the Changes Implemented by The New GST Forms?

  • When the taxpayer submit the details on the basis of turnover, the HSN code also need to be included as against submitting a separate HSN summary
  • The taxpayer will get HSN through his GST ANX-2, wherever the declaration of the HSN code is necessary from the side of the supplier
  • Supplier does not have to show the liability of Reverse Charge Mechanism in GST ANX-1 of the B2B supplies. But the supplier has to show the aggregate figure in GST RET-1.
  • Whoever receives the supplies has to declare in GST ANX-1 at the GSTIN level regarding the inward supplies that are to be subjected to Reverse Charge Mechanism
  • The B2C model has been disregarded and the maximum limit of turnover for small taxpayers filing quarterly will be considered as RS.5 Cr (which earlier was RS.1.5 Cr)
  • A recipient has to report missing invoices at the invoice level itself i.e. when a supplier fails to upload invoice in T+2 periods

On 16/11/2019 (Saturday), the Finance Minister Smt. Nirmala Sitaraman has demanded the GST management to conduct a special filing demonstration session for new return system. The minister believes that this exercise will procure some intellectual feedbacks from the taxpayers before the new GST forms become live from April 1, 2020.

The meeting chaired by the Finance Minister was attended by Chartered Accountants, Traders and Stakeholders with the objective of simplifying the GST forms and transforming the filing process to a more user-friendly one.



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