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
Thanks for reading..
Abhishek Ajmera
9549325551
Author Bio
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
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.
How to see Input Tax Credit of IGST through Bill of Entry in GST Portal ?
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 ?
We are paying a shop rent of 70000/- per month to an unregistered person.are we liable to pay RCM on this amount.
Sir I am a GTA operator… unlike Service tax is there any limit for not applicability of gst for fare upto Rs 750/-
Thanks for sharing
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
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
just small information sir
Rice – GST – Nil
Rice brokens – Nil
but Rice Bran – GST rate – ?, please send the mail
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?