Advisory on Delinking of Credit Note/Debit Note from invoice, while reporting them in Form GSTR 1/GSTR 6 or filing Refund Till now, original invoice number was mandatorily required to be quoted by the taxpayers, while reporting a Credit Note or Debit Note in Form GSTR-1…
The following fields are mandatory for Table 9B of GSTR-1 (for Credit/Debit Notes to registered dealers) Receivers GSTIN Receivers name will be auto-populated once Receivers GSTIN is entered Debit/Credit Note No. Debit/Credit Note Date Note Type Note Value (₹) POS Supply Type Inter-State Intra-State Snapshot…
1.Provision to make amendment, multiple times, in Table 4 of Form GSTR-8 Earlier, if no action was taken on TCS details, auto-populated in TDS/TCS credit form, by the supplier or if the same were rejected by them in the said form, the TCS (e-commerce operators)…
About GSTR-2B | (Auto drafted ITC Statement) GSTR-2B is an auto-drafted ITC statement which will be generated for every registered person on the basis of the information furnished by his suppliers in their respective GSTR-1, 5 (non-resident taxable person) and 6 (input service distributor). It…
About Table 8A Table 8A of Form GSTR 9 is populated on basis of documents in filed Form GSTR-1 or Form GSTR-5 of the supplier. Thus, all documents which are present in GSTR-2A (Table 3 & 5), will not be available here, as documents which are in…
GSTR-4 ( Quarterly for FY 2017-18 & 18-19) (Annual from FY 2019-20) Due date of GSTR-4 for Financial year 2019-20 is 31st August, 2020 ( Notification No. 59/2020-Central Tax dated July 13, 2020) An EXCEL based offline tool has been provided on GST portal for…
The persons registered as ISD can distribute ITC among its Units by filing Form GSTR-6, every month. Previously, ISD were not able to adjust negative ITC to its units, under a major head through ITC available under another major head. For example, if in a…