What is the GSTR-7 Report?
With the recent government notification in October 2024, metal scrap supplies are now under TDS compliance in the GST framework. We added the new TDS section of 2% under GST.
This applies to all individuals who are registered under GST and deduct TDS must file a return, known as GSTR-7, by the 10th of the following month. This report is available in the Reports Taxes section.
How to Download the GSTR-7 Report?
Please go to Reports >> Taxes >> GSTR 7 >>Select Date filter>> Download/Share.
Please note that the GSTR-7 is a monthly return filed by individuals who deduct “TDS under GST”.
Every GST-registered individual who deducts TDS under GST must file in Form GSTR-7 by the “10th of next month”.
Click on the link below to get redirected to the sales dashboard to check the report section,