Deepak Gupta | Mar 9, 2019 |
All About GST Return SUGAM or GSTR Sugam
The idea of Simplification of GST Return was introduced in 27th GST Council meeting where the government announced GST Sugam and GST Sahaj as 2 of the Simplified GST Return.
Now when the Formats of these Returns have been introduced, lets Discuss Some of the basic facts on GST SUGAM and GST Sahaj Return Forms.
This article is all about GST Return Sahaj or GSTR Sahaj and we shall discuss GST Sahaj Return in this Article:
GSTR Sahaj is a proposed Simplified GST Return which will be introduced in April 2019 by GST Council. A Small Taxpayer with yearly turnover of upto Rs. 5 Crore and who is engaged in only B2C supplies can file this Return.
This Return will be filed Quarterly, however the Tax shall be paid monthly by GST Challan.
A Small Taxpayer with yearly turnover of upto Rs. 5 Crore who is engaged in only B2C supplies can file this Return.
Three new Returns have been introduced by CBIC, the Difference between those three returns has been explained in the below mentioned table:
| Return | Who can File it |
| Sugam | A Small Taxpayer with yearly turnover of upto Rs. 5 Crore who is engaged in B2B and B2C supplies can file this Return. |
| Sahaj | A Small Taxpayer with yearly turnover of upto Rs. 5 Crore who is engaged in only B2C supplies can file this Return. |
| Quarterly Returns | Applicable to Tax Payers with yearly turnover of upto Rs. 5 Crore and Making imports, exports, supplies to SEZ, and having both B2B and B2C transactions |
This Return will be filed Quarterly, however the Tax shall be paid monthly by GST Challan.
Recipient will get credit during a tax period on the basis of the details of documents uploaded by the supplier upto the 10th of the month following the month for which the return is being filed for. Such credit can be availed i.e. credited to the ledger of the recipient only on filing of his (i.e. recipients) return.
However supplies attracting reverse charge will be reported only by the recipient and not by the supplier.
All About GST Return Sahaj or GSTR Sahaj
GST Return SAHAJ or GSTR Sahaj :
Click here to Download the gst sahaj return format in pdf
Disclaimer: The entire contents of this document have been prepared on the basis of relevant provisions and as per the information existing at the time of the preparation. Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, I assume no responsibility therefore. Users of this information are expected to refer to the relevant existing provisions of applicable Laws. The user of the information agrees that the information is not a professional advice and is subject to change without notice. I assume no responsibility for the consequences of use of such information. In no event shall I shall be liable for any direct, indirect, special or incidental damage resulting from, arising out of or in connection with the use of the information
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