GST SAHAJ RETURN MEANING, APPLICABILITY AND FORMAT

GST Sahaj Return

GST (Goods and Services Tax) council has approved 2 very simple GST returns. These returns will even provide option to amend details once they are filed. These 2 returns approved by GST council are GST Sahaj and GST Sugam.

What is meaning of GST Sahaj?

Sahaj is a hindi word which means easy. सहज रिटर्न जो की GST council द्वारा तय किया गया ऐक अत्यंत ही सीधा और सरल कर विवरण दस्तावेज़ होगा। फ़िलहाल इस तय दस्तावेज़ का प्रारूप तय नही हुआ है लेकीन जल्द ही ये आपके सामने होगा। तो फ़िलहाल हम ये कह सकते है की GST सहज कर विवरण दस्तावेज़ शायद आपको और आपके accountant को कुछ आराम दिलाएगा GST के अत्यंत मुश्किल प्रारूपों से। साइट से जुड़े रहे ज़्यादा जानकारी के लिए।

GST Sahaj is a simple return which will be filed by tax payers having turnover less than Rs. 5 crores in a year. Tax payers have the option to either go for monthly return or quarterly returns. GST Sahaj will be a quarterly return to be filed by tax payers every quarter.

What is difference between GST Sahaj and normal return?

Normal GST return will have more information and will be required to be filed monthly whereas GST sahaj is a quarterly return and you need to file it on quarterly basis. GST Sahaj will be a simple return to be filed quarterly.

What is the due date of filing GST Sahaj?

These returns are approved by GST council and no more information is available right now. There are various activities pending to be completed before due date can be announced. Implementation date of GST Sahaj is not yet announced.

What is the format of GST Sahaj?

We do not have format of GST Sahaj quarterly return as the format is not yet available. GST council has to approve format of GST sahaj. We are awaiting confirmation and approval of format by GST council, once the format is approved we will share the complete details here.

Who will need to file GST Sahaj?

Tax payers with turnover less than 5 crores will have option to file GST Sahaj on quarterly basis. Only tax payers with turnover less than Rs. 5 Crore will have option to file quarterly return and Sahaj is quarterly return.

Late filing fee if Sahaj is not filed on or before due date?

Act says Rs. 100 per day, however currently tax payers are paying Rs. 50 per day for GSTR-3B. It is believed that late filing fee initially will be Rs. 50 per day and will resume to specified in return as Rs. 100 after normalisation.

Tax payers filing GST Sahaj should pay tax monthly or quarterly?

Tax payers need to pay tax on monthly basis, however return will be filed on quarterly basis. A simple monthly return will be provided to pay tax and complete details will be furnished in full fledged quarterly return. However note that quarterly return option is available only to tax payers with turnover less than 5 crores in a year.

Difference between GST Sugam and GST Sahaj returns

Difference between GST Sahaj and GST Sugam may be that one is for sales and one for purchase. However yet the formats are not provided, so it is not possible to differentiate between GST sahaj and GST sugam returns.

However it is expected that both will have different purpose. Both returns are supposed to be simple and easy to file by tax payers.