GSTR-7
Definition
The monthly return filed by persons required to deduct tax at source (TDS) under GST. It reports the GST-TDS deducted, the deductees, and the tax deposited, and lets the deductee claim the deducted amount as credit.
Related Terms in India GST
GSTR-8
The monthly return filed by e-commerce operators who collect tax at source (TCS) under GST. It reports supplies made through the platform and the TCS collected on behalf of the sellers.
GSTR-9
The annual GST return consolidating a regular taxpayer's monthly or quarterly returns for a financial year. It reconciles outward supplies, input tax credit and tax paid across the year into a single statement.
GSTR-9C
A GST reconciliation statement that ties the figures in the annual return (GSTR-9) to the taxpayer's audited financial statements. It applies to taxpayers above a prescribed turnover and is filed on a self-certification basis.
GSTR-10 (Final Return)
The final return filed when a GST registration is cancelled or surrendered. It reports stock held and any tax payable on that stock as on the date registration ends, closing out the taxpayer's GST obligations.
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