New GST Returns under Scheme Normal, Sahaj and Sugam.

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New GST Returns Scheme Normal, Sahaj & Sugam 

To improve and simply, GST Council approved the concept of the new simplified format of GST returns in its 28th GST Council meeting held on 21st JULY,2018.

Revised Formats are proposed to implement with effect from 1st April 2019 on trial basis and if it operates well then such formats will become mandatory with effect from 1st July 2019, as decided in 31st GST Council meeting. However, due to lack of technical support only GSTR-1, GSTR-3B (Summary return) continues till March 2020.

The GST Council officially unveiled three new GST returns forms names GST RET-1 “NORMAL Form”, GST RET-2” SAHAJ Form” and GST RT-03 “SUGAM” Form. The new GST returns forms will be introduced on a trial basis from Nov 2019 to Mar 2020 along with existing returns i.e. GSTR-1, GSTR-2, AND GSTR-3B, etc.,

How new GST Scheme & What Are the Procedure Of File new GST Forms-
  • Aggregate Turnover of last financial year i.e 2018-2019 as per Definition of "Aggregate Turnover " of GST Law.
  • Your Client having E-Commerce transactions or Not.
  • Your cannot make supplies through E-Commerce Operators on which Tax is required to be collected U/S 52.
Options Available To You On The Basis Of Aggregate Turnover-  
    • Turnover above Rs.5 Cr - Form GST Ret 1 - Normal ( Monthly )
    • Turnover Up to Rs.5 Cr - Form GST Ret 1 - Normal ( Monthly )
    • Turnover Up To Rs. 5 Cr - Form GST Ret 1 - Normal ( Quarterly )
    • Turnover Up To Rs.5Cr - Form GST Ret 2 - Sahaj ( Quarterly )
    • Turnover Up To Rs. 5 Cr - Form GST Ret 3 - Sugam ( Quarterly ) 
As per GST Council and Central Government says that under a new system you will be filing a single return only. But practically this single return is divided into the following three forms-
  • GST ANX-1
  • GST ANX-2
  • Form GST Ret ; ( 1/2/3 )

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