Recent System Related Changes in GST

> Businesses with an annual turnover of over ₹ 2 crore can now start filing GST audit reports for fiscal 2017-18 as GST Network (GSTN) has made its format available on its portal.

> The audit report for 2017-18, the first year of the Goods and Services Tax (GST) implementation, is to be filed by June 30.

> Annual return forms GSTR-9, GSTR-9A and GSTR-9C to be filed by June 30.—(Notification  No. 14/2019–CT dt. 07.03.2019)

> The DG Systems under CBIC has released a new business functionalities in GST IT Ecosystem dated 20^th April, 2019, as under:

• Tax Officers can block / unblock ITC credit in Credit ledger at GST portal;
• Tax Officers can see annual returns GSTR-9; GSTR-9A filed on GST portal;
• Tax Officers can see GSTR-2 return claiming TDS/TCS credit on GST portal;
• Tax Officers can see ITC-01 and ITC-03 returns filed by new registrants for ITC credit on inputs held in stock or semi-finished or finished goods.

Source- 1st Edition of GST Council Secretariat’s News-Letter Dated : 1st May, 2019