GST Due Dates in September 2023: A Comprehensive Guide

In the fast-paced world of business and taxation, staying on top of your GST due dates is crucial. The month of September 2023 brings forth a series of important dates for taxpayers in India, and it's imperative to have a clear understanding of what's expected. At [Your Company Name], we are committed to providing you with the most up-to-date and comprehensive information on GST compliance. In this article, we'll delve into the GST due dates for September 2023, breaking down each important deadline and its significance for taxpayers.

GST Due Dates in September 2023: An Overview

Due Date	GST Form/Description	Period
10.09.2023	GSTR – 7: Summary of Tax Deducted at Source (TDS) and deposited under GST laws	August 2023
10.09.2023	GSTR – 8: Summary of Tax Collected at Source (TCS) and deposited by e-commerce operators under GST laws	August 2023
11.09.2023	GSTR – 1: GST Filing of returns by a registered person with aggregate turnover exceeding INR 5 Crores during the preceding financial year or any registered person have opted to file monthly return	August 2023
13.09.2023	GSTR – 1 IFF: Details of B2B Supply of a registered person with turnover up to INR 5 Crores during the preceding year and who has opted for quarterly filing of return under QRMP	August 2023
13.09.2023	GSTR – 6: Details of Input Tax Credit (ITC) received and distributed by an Input Service Distributors (ISD)	August 2023
13.09.2023	GSTR – 5: Summary of outward taxable supplies and tax payable by a non-resident taxable person	August 2023
20.09.2023	GSTR – 5A: Summary of outward taxable supplies and tax payable by a person supplying OIDAR services	August 2023
20.09.2023	GSTR – 3B: GST Filing of returns by a registered person with aggregate turnover exceeding INR 5 Crores during the preceding financial year	August 2023
25.09.2023	PMT – 06: Payment of GST by Registered person opted to file return under QRMP Scheme	August 2023
28.09.2023	GSTR – 11: Statement of inward supplies received by persons having Unique Identification Number (UIN)	August 2023

 

GST Due Dates in September 2023

GSTR-7 is a crucial return for businesses that deduct tax at source. If your business falls into this category, you must file this return by the 10th of September 2023 for the previous month, which is August 2023. This return summarizes the TDS and deposits made under GST laws.

GSTR – 8: Summary of Tax Collected at Source (TCS) by e-commerce operators

E-commerce operators play a significant role in collecting TCS under GST. If you're an e-commerce operator, mark September 10th, 2023, on your calendar. This is the deadline for filing GSTR-8, summarizing the TCS collected during August 2023.

GSTR – 1: GST Filing for Large Taxpayers

Large taxpayers with an aggregate turnover exceeding INR 5 Crores during the preceding financial year or any registered person who has opted to file monthly returns must file GSTR-1 by September 11th, 2023. This return provides details of outward supplies, helping maintain transparency in the GST system.

GSTR – 1 IFF: Details of B2B Supply for QRMP Participants

If your business has a turnover of up to INR 5 Crores during the preceding year and you've opted for quarterly filing under the QRMP scheme, you need to file GSTR-1 IFF by September 13th, 2023. This return captures the details of B2B supplies made by eligible businesses.

GSTR – 6: Input Tax Credit Distribution

Input Service Distributors (ISD) must file GSTR-6 by September 13th, 2023. This return outlines the details of Input Tax Credit (ITC) received and distributed. It's crucial for businesses that distribute ITC among their branches or units.

GSTR – 5: Summary of Outward Taxable Supplies by Non-Resident Taxable Persons

Non-resident taxable persons must file GSTR-5 by September 13th, 2023, for their taxable supplies and tax payable during August 2023. This return ensures that foreign businesses operating in India comply with GST regulations.

GSTR – 5A: Summary of Outward Taxable Supplies for OIDAR Service Providers

Providers of Online Information Database Access and Retrieval (OIDAR) services need to file GSTR-5A by September 20th, 2023. This return summarizes their taxable supplies and tax liabilities under GST.

GSTR – 3B: GST Filing for Large Taxpayers (Revised)

Large taxpayers with an aggregate turnover exceeding INR 5 Crores during the preceding financial year need to file GSTR-3B by September 20th, 2023. This return is a summary of outward and inward supplies, making it a critical part of GST compliance.

PMT – 06: Payment of GST under QRMP Scheme

Registered persons who have opted to file returns under the QRMP scheme must make their GST payments using PMT-06 by September 25th, 2023. It's essential to meet this deadline to avoid penalties.

GSTR – 11: Statement of Inward Supplies with UIN

Entities with a Unique Identification Number (UIN) must file GSTR-11 by September 28th, 2023. This statement outlines the inward supplies received, providing transparency in transactions involving UIN holders.

In the dynamic world of GST, staying informed and compliant is paramount. Mark your calendars with these GST due dates for September 2023, and make sure your financial department is well-prepared to meet these deadlines. For the latest GST updates and in-depth information, trust Taxvarta to keep you on top of your tax game. With our expert insights, you'll navigate the complex world of taxation with confidence and ease. Stay informed, stay compliant, and stay ahead with Taxvarta.