GOODS AND SERVICES TAX RULES
Information about GST returns GSTR-1, GSTR-2, GSTR – 1A and GSTR – 2A
Form GSTR-1 Details of outward supplies of taxable goods and/or services effected.
Form GSTR-1A The details of inward supplies added, corrected or deleted by the recipient in his
FORM GSTR-2 shall be made available to the supplier electronically in FORM GSTR-1A.
Form GSTR-2.Details of inward supplies of taxable goods and/or services claiming input tax credit
Form GSTR-2A Details of inward supplies made available to the recipient on the basis of FORM GSTR-1 furnished by the supplier
Process:
1) Every Seller shall furnish details of outwards supplies of goods or services or both effected during a tax period on or before the tenth day of the month succeeding the said tax period in GSTR-1
2) The Details of the goods sold furnished by Supplier shall be made available electronically to the recipients in Part A of form 2A through the common Portal after the due date of filing of Form GSTR-1
3) Every Recipient shall verify, validate, modify or delete, if required, the details received under form 2A relating to the supplies and credit or debit notes communicated to prepare the details of his inward supplies and credit or debit notes.
4) Every Recipient shall furnish, electronically, the details of inward supplies of taxable goods or services or both on which tax is payable after the tenth day but on or before the fifteenth day of the month succeeding the tax period in GSTR – 2 using the details of modified form 2A
5) The Details of inward supplies added, corrected or deleted by the recipient in his form GSTR-2 shall be made available to the supplier electronically in form GSTR – 1A through the common Portal.
6) Supplier who has been communicated the details pertaining to supplies in form GSTR – 1A, shall either accept or reject the details so communicated on or before seventeenth day of the month succeeding the said tax period.
6a) If form 1A accepted by Supplier, form GSTR-1 furnished earlier by the supplier shall stand amended to the extent of modifications accepted by him.
6b) If form 1A rejected by Supplier, then recipient have to pay tax and interest arise due to such unacceptance.
7) Based on Amended GSTR-1 and GSTR-2, GSTR 3 will be furnished before end of 20th day of succeeding month by both seller and recipient and have to pay due tax also before end of 20th day of succeeding month.
Link for GSTR formats ;
http://www.cbec.gov.in/resources//htdocs-cbec/gst/draft-return-formats-26092016.pdf
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Abhishek Ajmera
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i have not filed GSTR 1 for July’17, hence my customers would have filed GSTR 2 and the same would be reflected in my GSTR 1A. So can i file GSTR 1 without any acceptance or modification in GSTR 1A
As per Section 37(1) and Section 37(3) of the CGST Act, 2017, GSTR-1A was only an optional mechanism for accepting or rejecting modifications made by recipients in GSTR-2. There was no mandatory requirement to accept or modify GSTR-1A before filing GSTR-1.
i have entered wrong invoice no in GSTR 1 which is rejected by receiver and the same invoice is showing in my GSTR 1A. I want to ask whether to accept or reject this invoice while filling GSTR 1A.
If the invoice number reported in GSTR-1 was incorrect and the recipient has rejected it in GSTR-2, resulting in the invoice appearing in GSTR-1A, you should accept the modification in GSTR-1A only if the corrected invoice details are accurate and match your books of accounts.
If the details proposed by the recipient are not correct, you should reject them and make the necessary corrections separately as per the applicable provisions.
How to see Input Tax Credit of IGST through Bill of Entry in GST Portal ?
To view Input Tax Credit (ITC) of IGST paid through Bill of Entry (BoE) on the GST Portal, follow these steps:
Log in to the GST Portal.
Go to Services → Returns → Returns Dashboard.
Select the financial year and return period.
Open GSTR-2B for the relevant month.
Check the “Import of Goods from Overseas” section, where IGST paid on Bills of Entry is reflected based on data received from Customs (ICEGATE).
Sir I am a registered GTA and i provide service only to registered persons and hence have not collected GST in any of my transactions.
1) Now the question is Whose details do i fill in GSTR1 as i have a consignor and a consignee, shall i fill the details of person who paid me the freight ?
Yes, in GSTR-1, you should report the details of the person to whom the GTA service is supplied and who is liable to pay the freight (the recipient of the service as per the contract/invoice).
If the freight is paid by the consignor, furnish the consignor’s details; if it is paid by the consignee, furnish the consignee’s details.
Where GST on GTA services is payable by the recipient under Reverse Charge Mechanism (RCM), the invoice should be reported against the registered recipient who is liable to pay the tax under RCM.
We are paying a shop rent of 70000/- per month to an unregistered person.are we liable to pay RCM on this amount.
Yes. With effect from 18 July 2022, a registered person who takes a property on rent from an unregistered person is liable to pay GST under the Reverse Charge Mechanism (RCM) on the rent amount, provided the property is used in the course or furtherance of business.
Therefore, if you are a registered person and are paying ₹70,000 per month as shop rent to an unregistered landlord for business purposes, GST is payable by you under RCM on the rent. You may also avail Input Tax Credit (ITC), subject to the conditions prescribed under the GST law.
Sir I am a GTA operator… unlike Service tax is there any limit for not applicability of gst for fare upto Rs 750/-
Yes. Under GST, the exemption available to a Goods Transport Agency (GTA) for small consignments continues.
GST is not applicable where:
The gross amount charged for transportation of all goods in a single carriage does not exceed ₹1,500, or
The gross amount charged for transportation of goods for a single consignee does not exceed ₹750.
Therefore, if the freight charged to a single consignee is up to ₹750, the GTA service is exempt from GST, subject to the prescribed conditions. This exemption is provided under the relevant GST exemption notifications for GTA services.
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Welcome
We are purchasing Tea Waste for manufacturing Organic Manure. GST rate in Tea waste is 5% but there is no GST tax in organc Manure.
Is we are in B2 or Bc catogary.
Please inform.
Bharat Thacker
Your business is B2B (Business-to-Business) if you are selling organic manure to registered persons/businesses. It is B2C (Business-to-Consumer) if you are selling directly to unregistered consumers.
The fact that you purchase tea waste with 5% GST and manufacture organic manure that is exempt from GST (NIL rate) does not determine whether the transaction is B2B or B2C.
Important: If your outward supply of organic manure is exempt, the Input Tax Credit (ITC) on GST paid for tea waste may not be available, subject to the classification of the product and the provisions of the GST law.
Therefore:
Sale to registered businesses → B2B
Sale to unregistered consumers → B2C
Exempt output supply may affect ITC eligibility on inputs.
Sir,
I am working in Rolling Mills manufacture unit Our Finished goods Products
HSN Code TMT Bar End Cutting Billets MS Scrap Sponge Iron Pig Iron
The commonly used classifications are:
Product Typical HSN Chapter
TMT Bars 7214
Billets 7207
MS Scrap 7204
Sponge Iron 7203
Pig Iron 7201
TMT Bar End Cutting Generally classified as scrap under 7204, depending on the nature of the goods
just small information sir
Rice – GST – Nil
Rice brokens – Nil
but Rice Bran – GST rate – ?, please send the mail
The GST rates are as under:
Rice – GST: Nil
Rice Brokens – GST: Nil
Rice Bran – GST: 5% (subject to the applicable HSN classification and notifications in force).
If recipient of service is not registered, then he will not be eligible for input credit of GST paid on that service.
What happens when the recipient of service is not registered?
If the recipient of a service is not registered under GST, the supply is treated as a B2C (Business-to-Consumer) transaction.
The supplier must:
Charge and collect GST, if the supply is taxable.
Report the transaction as a B2C supply in GSTR-1.
Issue a tax invoice as prescribed under the GST law.
However, the unregistered recipient cannot avail Input Tax Credit (ITC) on the GST paid, since they do not have a GST registration.