How and When to File GSTR-11?

Posted In | Finance | Accounting Software

GSTR-11 is a return form that is required to be filed by individuals or entities who have been issued a unique identification number (UIN) for claiming a refund of taxes paid on purchases made for the purpose of making supplies that are exempt from tax. It is a monthly return form that needs to be filed by the 28th of the month following the month in which the supplies were received.

 

 

Prerequisites for Filing GSTR-11

To file GSTR-11, you will need to fulfill certain prerequisites. Here are the prerequisites for filing GSTR-11:

  1. Unique identification number (UIN)
  2. GST registration
  3. Purchases for the purpose of making supplies that are exempt from tax
  4. GST Portal login credentials
  5. Invoice details
  6. Tax period

 

How to File GSTR-11?

Here are the steps for filing GSTR-11:

  1. Log in to the GST Portal: To file GSTR-11, you will need to log in to the GST Portal using your login credentials.
  2. Navigate to the 'Services > Returns > Returns Dashboard': From the dashboard, you can select the 'File Return' option and then select the 'Form GSTR-11' option.
  3. Select the tax period: You will need to select the tax period for which you want to file the return. The tax period will be the month in which the supplies were received.
  4. Provide details of the supplies received: You will need to provide details of the supplies received during the tax period, including the invoice details, the value of the supplies, and the applicable tax rate.
  5. Verify and submit the return: Once you have provided all the required details, you will need to verify and submit the return. You can verify the return using an electronic verification code (EVC) or by digitally signing the return using a digital signature certificate (DSC).

It is important to note that GSTR-11 should be filed within the due date to avoid incurring late fees. The late fee for filing GSTR-11 is INR 100 per day, up to a maximum of 0.25% of the outstanding tax liability. In addition to the late fee, interest at the rate of 18% per annum may also be applicable on the outstanding tax liability from the date on which the tax was due until the date of payment.

 

If you have a valid reason for not being able to file GSTR-11 on time, you can apply for relief from late fees by providing a valid reason for the delay and submitting the request through the GST Portal.

 

In conclusion, GSTR-11 is a return form that needs to be filed by individuals or entities who have been issued a UIN for claiming a refund of taxes paid on purchases made for the purpose of making supplies that are exempt from tax. It is a monthly return form that should be filed by the 28th of the month following the month in which the supplies were received. To file GSTR-11, you will need to log in to the GST Portal, provide details of the supplies received, and verify and submit the return. It is important to file GSTR-11 on time to avoid incurring late fees and interest on outstanding tax liabilities.

 

Frequently Asked Questions: 

1. Who are Unique Identity Number (UIN) holders under the GST Act?

Under the Goods and Services Tax (GST) Act in India, a Unique Identity Number (UIN) is a special number assigned to certain categories of taxpayers. UIN holders are typically entities that are not required to obtain a regular GST registration, but are eligible to receive certain taxable supplies without attracting GST. UIN holders are typically government entities, embassies, consulates, and other foreign diplomatic missions that are exempt from paying GST on their supplies. They may also include certain charitable organizations and religious institutions that are eligible for exemptions from GST.

 

2. What is the due date of GSTR 11?

The due date for filing the GSTR-11 return form depends on the period for which the return is being filed. Under the Goods and Services Tax (GST) Act in India, GSTR-11 must be filed on a quarterly basis by UIN holders. The due dates for filing GSTR-11 are as follows:

It is important to note that these due dates are subject to change and may be revised by the GST authorities from time to time.

 

3. Who are required to file GSTR-11?

GSTR-11 must be filed by UIN holders to claim a refund of GST paid on the taxable supplies received by them. The return form must be filed on a quarterly basis, and it must contain details of the supplies received by the UIN holder, the GST paid on those supplies, and the details of the supplier.