Every registered or taxable person have to
file GSTR every month or quarterly. GSTR are segregated in 11 different types
which are GSTR 1, GSTR 2, GSTR 3, GSTR 4, GSTR 5, GSTR 6, GSTR 7, GSTR 8, GSTR
9, GSTR 10, GSTR 11. Here we will know the detailed information about what is
The GSTR 5 return filing has
to be done by registered but non-resident taxpayers (The one who resides in
overseas, has occasional transactions in India, and the one who has no fixed
business place. It is a periodic filing. The taxpayer must file information and
details of outward supplies and inward supplies. GSTR 5 return form includes
expenses and incomes details.
GSTR 5 has the detailed
information of the registered but non - resident taxpayer, which includes
details of the sales and purchase done by him.
How To File GSTR 5?
As per the GST laws it is
mandatory to file GST return periodically by every taxpayer. GSTR 5 filing has to be
done by the registered but non-resident taxpayers. Let us understand how to
file GSTR 5 or the procedure to file GSTR 5.
- Visit the GST portal.
- Select GSTR 5 summary and mention the financial year and
return filing period.
- Click on Prepare Online.
- Click on Generate GSTR 5 summary and auto-populated page
will be displayed which will have the details of already filed GSTR.
- Fill the details of Inward supplies, Outward supplies,
Invoice details, Credit and Debit notes.
- Ammend every required details in each tile.
- Recheck the data and submit it in the portal.
- Once submitted you can preview the document and once
rechecked generate GSTR 5.
GSTR 5 Due Date
GSTR 5 registration is
mandatory for the taxpayers who do not reside in India and have occational
transaction in this country.
GSTR 5 due date is 20th of
every month. For example, for filing the return for the month of December, the
GSTR 5 due date of filing will be 20th January which will be almost a month
GSTR 5 due date for the month
of July 2017 to December 2017 was extended to 31st January 2018.
GSTR 5A due dates of OIDAR
(Online information and database access or retrieval services) for the month of
July 2017 to December 2017 was extended to 31 January 2018.
Who should file GSTR 5?
GSTR 5 filing has to be done
by registered but non-resident taxpayer in India. There are few terms which
specifies about the one who lies in the category of the one who have to file
- Registered but Non-resident in India
- The one whose transactions are done occasionally in India.
- The one who handles the business from overseas.
- The taxpayer who does not have a specific decided business
Late Fees and Penalty for GSTR 5
In case the GSTR 3 is not
filed within the due date then 18\\\% interest is charged per annum, which is
calculated as per the outstanding tax.
GSTR 5 late fee is Rs. 100 per day per Act. So it is 100 under CGST & 100
under SGST. GSTR 5 penalty total will be
Rs. 200/day. The maximum is Rs. 5,000.
GSTR 5 Format - GSTR 5 Excel Format & Form Download
The GSTR 5 format has the
following details included in it such as GSTIN, Name of the taxpayer, Validity
of the registration, Input or output capital from overseas, Imported and
exported gods from overseas, amendment in earlier details, Taxable outward
supplies, Interest or any other tax details, Refund claimed, Credit and Debit
It is also possible to get the
GSTR 5 excel format which will help to enter the data in bulk. GSTR 5 form
download can be done by clicking below.