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Types of GST Returns In India


by Mahindra Finance


April 22, 2024


4 mins read


Are you a business owner navigating through the complex world of Goods and Services Tax (GST) returns in India? With multiple forms and deadlines to meet, understanding the types of GST returns can be overwhelming. But don't worry! In this comprehensive guide, we will simplify the process for you. We'll break down the different types of GST returns, explain their meaning, and provide practical tips on how to file them correctly.

Why Do We Need Different Types of GST returns?

Before diving into the various forms, let's understand why we need different types of GST returns. Just like vendors and customers keep track of their transactions in a bustling marketplace, the government needs detailed reports on business activities for smooth tax administration. These reports are submitted through different types of GST returns, ensuring transparency and compliance with tax regulations.

Exploring the Different Types of GST returns

Now that we know what GST means, let's take a look at different types of GST returns. Think of the world of GST returns as a roadmap that businesses follow to stay compliant with tax laws. Let's make this journey easier by breaking down some key forms:

  1. GSTR-1: This return functions like a shopping list for taxes. It provides information about everything you sold during a specific period.
  2. GSTR-3B: Consider this as your monthly report card. GSTR-3B combines your sales and purchases, showing what you owe and have paid.
  3. GSTR-4: Designed for small businesses, GSTR-4 is a simpler version of GSTR-3B. It condenses the report and makes it easier to file for smaller enterprises.
  4. GSTR-5: Non-resident foreign businesses use this return to inform the government about their sales transactions in India.
  5. GSTR-5A: Online information providers, such as Netflix or Amazon Prime, use this return to submit their special tax report.

Choosing the right path: Which Return Do You Need to File?

Filing GST returns can be complex, especially when considering factors like business type, turnover, and registration status. However, thanks to digital advancements, most GST returns can now be filed electronically through the GST portal. This online platform streamlines the process, making it quicker and more convenient for businesses.

To determine which return you need to file, consider these factors:

  1. Business Type: Different types of businesses have different filing requirements based on their nature of operations.
  2. Turnover: Your turnover plays a crucial role in determining the type of return you need to file.
  3. Registration Status: Whether you are registered under the regular or composition scheme affects your GST return filing obligations.

It is important to stay updated on deadlines and keep your documents organised to avoid any last-minute hassles. Failure to file returns on time can lead to penalties and legal consequences.


In conclusion, understanding the types of GST returns is crucial for businesses operating in India. By filing these returns diligently and on time, you ensure compliance with tax regulations and maintain a smooth operation. Remember to use online resources like the GST portal, seek professional guidance if needed, and explore financial options like business loans to unlock your business's potential.Take charge of your financial future today. Explore Mahindra Finance's range of business loan offerings and empower your business to thrive in a rapidly changing economic landscape.


Q: How often do I need to file my GSTR-1 return?

A: GSTR-1 needs to be filed on a monthly or quarterly basis, depending on your business turnover.

Q: Can I claim an input tax credit (ITC) if I file GSTR-4?

A: No, businesses opting for the Composition Scheme under GSTR-4 cannot claim input tax credit.

Q: Do I need to file GSTR-9C if my turnover is less than ₹5 crore?

A: No, GSTR-9C is only applicable to businesses with a turnover exceeding ₹5 crore.

Q: What information does GSTR-6 require for filing?

A: GSTR-6 requires details of taxes withheld from payments made to suppliers by the business.

Q: Can I revise my GSTR-3B return once filed?

A: No, revisions to GSTR-3B returns are not allowed after submission. It's essential to ensure accuracy before filing.

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