If you are a government department, PSU, or any
business that deducts TDS under GST, you must file GSTR-7 every
month. Let’s break it down step by step.
1. What is GSTR-7?
GSTR-7 is a monthly GST return
that TDS deductors must file. It shows:
✅
How much TDS you deducted
✅
Who you deducted it from
✅
How much TDS you paid to the government
2. Who Needs to File GSTR-7?
You need to file GSTR-7 only if
you deduct TDS under GST.
🔹
Government departments
🔹
Public sector companies (PSUs)
🔹
Local authorities
🔹
Any notified businesses
👉 If your business
doesn’t deduct TDS, you don’t need to file GSTR-7.
3. Why is TDS Deducted Under GST?
TDS (Tax Deducted at Source) ensures
the government collects GST in advance. If you make a payment over ₹2.5
lakh to a supplier, you must deduct 2% GST TDS before paying them.
For example:
- You hire a contractor for ₹3 lakh
- Instead of paying ₹3 lakh, you deduct ₹6,000 (2%
TDS) and pay ₹2,94,000
- You deposit ₹6,000 to the government
- The contractor can claim this TDS credit
while filing their GST return
4. When to File GSTR-7? (Due Date)
📅 File it by the 10th
of every month for the previous month.
For example, for March 2025, you must file by April 10, 2025.
5. What Happens if You Don’t File on Time?
⛔ Late Fee: ₹200 per day
(₹100 CGST + ₹100 SGST)
⛔
Interest: 18% per year on pending TDS
6. How to File GSTR-7? (Simple Steps)
✅ Step 1: Go to gst.gov.in and log in
✅
Step 2: Click ‘Returns’ → Select ‘GSTR-7’
✅
Step 3: Enter TDS details (Supplier’s GSTIN, invoice details, TDS
amount)
✅
Step 4: Pay the deducted TDS amount to the government
✅
Step 5: Submit & file using OTP or Digital Signature
7. What Happens After Filing GSTR-7?
✔ The supplier (deductee) can
see the deducted TDS in their GSTR-2A
✔ The supplier can claim the TDS credit while
filing GSTR-3B
✔ You get an auto-generated TDS certificate
(GSTR-7A)
8. Quick FAQs (Common Questions)
Q1: Can I correct mistakes in
GSTR-7?
❌
No, once filed, GSTR-7 cannot be revised. Any mistakes must be adjusted
in the next return.
Q2: If I deducted TDS but didn’t
pay it, what happens?
⚠ You must pay 18% interest per year on the
pending amount.
Q3: How does the supplier
(deductee) get TDS credit?
✔ The deducted amount shows up in their GSTR-2A
& GSTR-7A automatically.
9. Summary
💡 GSTR-7 is a return
for those who deduct TDS under GST. File it on time (10th of every month) to
avoid penalties!
Post a Comment