- Abhishek Ajmera
- | Goods and Services Tax - Articles- Featured
- 03 Jun 2017
- 95,853 Views
- 20 comments
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
More Under Goods and Services Tax
20 Comments
Leave a Comment to Ankith
Latest Posts
- Empanelment as Concurrent Auditor with IDBI Bank
- Order under Para 4 of Faceless Penalty Scheme, 2021
- Order under Para 3 of the Faceless Penalty Scheme, 2021
- Valuation as per Rule 28 applies only where value for GST is not ascertainable
- Process for conducting of Board Meeting through video conferencing
- CFSS-2020 extended till 31st March 2021 – Applicable to whom?
- [Breaking] IBC 2020 Amendment Is Valid” SC Upheld 2020 Amendment With Transitional Window to Pending Applications Which Are “Deemed” To Be Withdrawn
- Instructions for conduct of quasi judicial proceedings under EPF & MP Act, 1952
- LTC: Reimbursement of cancellation/reschedule charges for air/train tickets
- Launch of Regulatory Compliance Portal to minimize Regulatory Compliance
Popular Posts
- Join Detailed Online Certification Courses on GST
- Taxpayers! Furnish GSTR-1 in time, or pay late fees
- Webinar on Career Growth in GST related Litigation Management
- Uttarakhand HC directs CBDT to consider representation on due date extension
- Extension of due date for filing TAR/ITR – HC declined to interfere
Featured Posts
- Join Detailed Online Certification Courses on GST
- Goods and Service Tax (GST) Registration & Requirements
- Uttarakhand HC directs CBDT to consider representation on due date extension
- All India Protest Call against GST/Income Tax Issues by WMTPA
- Due dates for filing of Form GSTR-3B for December, 2020
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 ?
Dear Ankit,
As you are a registered GTA operator, it is necessary for you to file Gstr 1, Gstr 2 and Gstr 3. In Gstr 1 you have to fill up the details of sale. For this person you have to name of the person on which name you raise the invoice.
We are paying a shop rent of 70000/- per month to an unregistered person.are we liable to pay RCM on this amount.
Yes..Mr. Harish you have to pay GST UNDER RCM if shop rent is paid to unregistered person.
Sir I am a GTA operator… unlike Service tax is there any limit for not applicability of gst for fare upto Rs 750/-
Exemption continued if
a. goods, where gross amount charged for the transportation of goods on a consignment transported in a single carriage does not exceed one thousand five hundred rupees.
b. goods, where gross amount charged for transportation of all such goods for a single consignee does not exceed 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
Please tell HSN code for both items
You will be b2b category..as you are not end customer. You will not be entitled for any input credit of GST on Tea waste.
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
TMT Bars – 73089040
Billets – 72071920
Iron Scrap – 72041000
Pig Iron – 72011000
Sponge Iron – 73071110
just small information sir
Rice – GST – Nil
Rice brokens – Nil
but Rice Bran – GST rate – ?, please send the mail
As per chapter 23 of GST act, Heading 2302 BRAN, SHARPS AND OTHER RESIDUES, WHETHER
OR NOT IN THE FORM OF PELLETS, DERIVED FROM
THE SIFTING, MILLING OR OTHER WORKING OF
CEREALS OR OF LEGUMINOUS PLANTS is levied with NIL rate of GST. Link http://www.cbec.gov.in/resources//htdocs-cbec/excise/cxt-2016-17-new/chap23.pdf
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 recipient of service is not registered, then he will not be eligible for input credit of GST paid on that service