There are different kinds of supply under GST on which requires clarity so that correct reporting can be done while filing returns. Meaning of different supply under GST is as follows:- Exempt Supply: It means supply of any goods or services or both which attracts nil rate of tax or which may be wholly exempt […]
Facility to file annual return in Form GSTR-9 for FY 2020-21 is now available. Please ensure that all applicable returns of the said year have been filed before attempting to file the said return. Following detailed questions pertains to GSTR-9 for FY 2020-21:- Who is required to file GSTR-9 for FY 2020-21? Every registered person (other than those registered persons […]
Can an Unregistered Person make payment on GST Portal? Yes, an Unregistered Person can make payment on GST Portal. But for this, firstly a user ID is to be generated and then payment Process to generate User ID:- > It is to be noted that this functionality is only for applicants who are not registered […]
Important changes related to QRMP Scheme GSTN published changes related to QRMP Scheme implemented on the GST Portal for the taxpayers on 06/07/2021 in News and Updates on https://www.gst.gov.in/ Few important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers are as given below:- Auto population of GSTR-3B liability from IFF […]
Waiver from recording UIN on invoices Circular No. 144/14/2020-GST dated 15th December, 2020 is issued for Waiver from recording of UIN on the invoices for the months of April 2020 to March 2021. Following detailed questions pertains to above subject matter-: ♦ What is the relevance of Circular? The Circular is mandatory in nature to […]
As per Information available on GST website GSTR-9 of FY 2019-20 is available now on GST Portal for filing but Computation of the table 8A of GSTR-9 for auto population from returns is under progress which is likely to be completed soon. For details Visit-GSTR-9 of FY 2019-20 is available now but without table 8A […]
Synopsis of Extension of Due Date for ITC-04 September2020 CBIC released Notification No. 87/2020-Central Tax dated 10th November, 2020 for extension of Due Date for FORM GST ITC-04 for the quarter ending September 2020 (from July, 2020 to September, 2020). Following questions emerge out of this-: ♦ Define principal, job work and job worker? As […]
CBIC released Notification No. 74/2020 – Central Tax dated, the 15th October, 2020 for specifying the Due date for GSTR-1 for the months from October, 2020 to March, 2021. Following questions emerge out of this-: Is it applicable for all the Registered Persons? Yes, It is applicable for registered persons having aggregate turnover of up […]
CBIC released Notification No. 76/2020 – Central Tax dated, Dated 15th October, 2020 for specifying the Due date for GSTR-3B for the months from October, 2020 to March, 2021. Following questions emerge out of this-: ♣ To whom Due date of Form GSTR 3B notified by Notification No. 76/2020 – Central Tax dated, Dated 15th […]
In order to do various compliance or determining exact amount of interest payable, we have to determine the date of filing of GSTR-3B, GSTR-1 & other forms. This article discusses various ways through which this can be done. Some of them are mentioned below:- ♦ View “SHOW FILING TABLE”on the portal On GST Portal, In […]
