Important GST Dates – GST Calendar 2022

A Goods and Services Tax (GST) Calendar is the list of important dates to file all GST returns which includes GST payment due dates. It proves to be very helpful for businesses and professionals to be ready ahead of time. Businesses in India are required to pay taxes in accordance with the government’s requirements. One of the most important components of paying taxes is adhering to the government’s deadlines. Non-compliance can lead to penalties and/or legal complications as well.

Did you know?

GST paid by taxpayers goes to the Central and State governments and serves as a source of revenue to run the country.

What Is the GST Calendar? What Is Its Importance?

A GST calendar is the list of important dates for filing all GST returns. Every taxpayer needs to be aware of GST Dates to complete GST returns and prescribed forms on time in order to avoid paying any interest or late penalties. Accountants must be aware of GST due dates so that they can prepare their data and not wait to file returns on the last date of GSTR 1. 

GST Return Filing Overview

Regular taxpayers

Regular Taxpayers registered under GST have to file the GST returns in forms GSTR-1, which is a sales return that includes details of all outward supplies.  GSTR-3B is a consolidated summary of all inward, i.e. purchases and outward, i.e. sales made every month if the annual aggregate turnover during the financial year exceeds ₹5 crore (till December 2020 the limit was Rs.1.5 crore). 

• The taxpayers whose annual aggregate turnover is below the said threshold can choose a quarterly GSTR-1 filing while continuing to file GSTR-3B monthly until December 2020.
• Taxpayers who make up to Rs. 5 crore in annual sales may opt for the Quarterly Return Monthly Payment (QRMP) Scheme beginning in the first quarter of 2021. While making monthly estimated tax payments, they can file both GSTR-1 and GSTR-3B once a quarter.
• For quarterly filers of GSTR-1, an Invoice Furnishing Facility (IFF) has also been made accessible to upload documents of their Business to Business (B2B) outward supplies. In the meantime, taxpayers can use auto-drafted forms like the GSTR-2A and GSTR-2B to claim their eligible input tax credit in their GSTR-3B.

Composition Taxable Persons

A person who is registered under the composition scheme must pay tax quarterly using form CMP-08, which contains basic information. At the same time, they must file a new version of GSTR-4 every year by 30th April for FY 2019-20 onwards. Till FY 2018-19, a taxpayer registered under the composition scheme had to file a quarterly return in form GTSR-4 and an annual return in form GSTR-9A.

Also Read: All About GST Audit For Taxpayers With Annual Turnover Above Rs. 2 Crores

GST Returns Due Dates till December 2022

The GST Council has notified the due dates for filing various GST returns up till March 2022.

The GST Calendar for Every Return is listed below

GSTR-1

For Quarterly Filing

(If your annual turnover is less than ₹1.5 crore, you can file quarterly**)

Note: *The due dates from April 2022 tax periods for GSTR-1 and GSTR-3B are yet to be notified by the Central Board of Indirect Taxes & Customs (CBIC) as of 04^th February 2022.

**Such taxpayers can also use the Invoice Furnishing Facility (IFF) to upload B2B invoices or documents every month.

For Monthly Filing

(Annual turnover of more than ₹1.5 crore the return must be filed monthly)

Note: *The due dates from February 2022 tax periods for GSTR-1 and GSTR-3B are yet to be notified by the CBIC as of 04^th February 2022.

GSTR-2

Form for recording all inward supplies of taxable goods and services is currently on hold until the GST Council’s further notification.

GSTR-3

Form for details of monthly return, the GST Council has indefinitely postponed operations until further notice.

GSTR-3B

From January 2022 to December 2022

For Aggregate turnover exceeding Rs.5 crore in the previous financial year

Note: *The due dates from February 2022 tax periods for GSTR-1 and GSTR-3B are yet to be notified by the Central Board of Indirect Taxes & Customs (CBIC) as of 04^th February 2022.

For a preceding financial year’s aggregate turnover of up to Rs.5 crore

For those not opting for the Quarterly Return Monthly Payment (QRPM) Scheme, the due dates for filing the GST Returns are as follows:

Note: *The due dates from February 2022 tax periods for GSTR-1 and GSTR-3B are yet to be notified by the CBIC as of 04^th February 2022.

For those opting for the QRMP scheme

Note: *The due dates from April 2022 tax periods for GSTR-1 and GSTR-3B are yet to be notified by the CBIC as of 04^th February 2022.

Category A: Madhya Pradesh, Maharashtra, Kerala, Chhattisgarh, Karnataka, Tamil Nadu, Goa, Telangana, Gujarat, Andhra Pradesh or the Union Territories of Puducherry, Daman and Diu and Dadra and Nagar Haveli, Andaman and Nicobar Islands, and Lakshadweep.

Category B: Himachal Pradesh, Uttarakhand, Nagaland, Punjab, Tripura, Haryana, Assam, Rajasthan, Uttar Pradesh, Arunachal Pradesh, Bihar, Sikkim, Meghalaya, Jharkhand, Manipur, Mizoram, West Bengal, or Odisha or the Union Territories of Chandigarh, Jammu and Kashmir, Ladakh, and New Delhi.

GSTR-4

This is the annual return form for Composition Dealers. The due date for filing GSTR-4 for FY 2021-22 is 30 April 2022.

Also Read: GST Invoice – Learn About GST Invoice Rules And Bill Format

GSTR-5

Outward taxable supplies and tax due by non-resident taxable persons are summarised as follows:

Note: *The due dates from February 2022 tax periods for GSTR-5 are yet to be notified by the CBIC as of 04^th February 2022.

GSTR-5A

Summary of taxable supplies sent outward and tax due by the provider of Online Information and Database Access or Retrieval Services (OIDAR):

Note: *The due dates from February 2022 tax periods for GSTR-5 are yet to be notified by the CBIC as of 04^th February 2022.

GSTR-6

Details of an Input Service Distributor’s (ISD) receipt and distribution of an Input Tax Credit (ITC):

Note: *The due dates from February 2022 tax periods for GSTR-6 are yet to be notified by the CBIC as of 04^th February 2022.

GSTR-7

Tax Deducted at Source (TDS) and deposited under GST legislation is summarised as follows:

Note: *The due dates from February 2022 tax periods for GSTR-7 are yet to be notified by the CBIC as of 04^th February 2022.

GSTR-8

Summary of GST-related Tax Collected at Source (TCS) by e-commerce operators:

Note: *The due dates from February 2022 tax periods for GSTR-8 are yet to be notified by the CBIC as of 04^th February 2022.

GSTR-9

This is the annual return form for normal taxpayers. It includes information on all outward supplies made and inward supplies received throughout the relevant financial year under various tax headings, such as Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST) & Integrated Goods and Services Tax (IGST). It’s a list of the total value of supplies reported under each HSN code, as well as information on taxes due and paid. It applies to businesses with a fiscal year turnover of greater than Rs.2 crore. The filing is optional for people with a turnover of less than Rs. 2 crores. The deadline to file GSTR-9 for the fiscal year 2020-21 is February 28, 2022.

GSTR-9C

This is the reconciliation statement that all GST-registered taxpayers must provide if their annual turnover exceeds Rs.5 crore. The deadline to file GSTR-9 for the fiscal year 2020-21 is February 28, 2022.

Also Read: How to do GST Number Search By Name?

CMP-08

Form for Composition Dealers for furnishing the summary of tax payable and making payment for a given quarter.

Note: *The due dates from April 2022 tax periods for CMP-08 are yet to be notified by the CBIC as of 04^th February 2022.

ITC-04

A manufacturer must fill out this form to report a summary of items sent to or received from a job worker:

Also Read: How To Calculate Aggregate Turnover For GST Registration

Conclusion

Having a thorough knowledge about the GST dates can help taxpayers to file their GST returns in a timely manner. By filing within the due time, the taxpayer can avoid late fees or additional interest charges. We hope from this article you have a clear understanding of the GST dates of 2022. 

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