GST Return F5 is a statutory report which has to be filed every quarter.
Box 1 displays the total value of Standard Rated sales.
Box 2 displays the total value of Zero Rated sales.
Box 3 displays the total value of Exempt sales.
Box 4 displays the sum of Box 1, 2 and 3.
Box 5 displays the total value of Taxable Purchases.
Box 6 displays the Output Tax due on the sales.
Box 7 displays the Input Tax and the Refund Claimed
Box 8 displays the Net GST to be paid to IRAS (if Output Tax is greater than Input Tax) or to be claimed from IRAS (if Input Tax is greater than Output Tax).
Box 9 displays the total value of the goods imported under the scheme.