1. In the 31st GST Council meeting, recommendation was made for new GST Returns to facilitate tax payer. In order to effect such change, a transition plan has been introduced by CBIC. Under the new scheme, Form GST ANX – 1 shall replace Form GSTR-1 and Form GST RET -01 shall replace Form GSTR-3B.
2. The dealer shall be able to upload invoices using FORM GST ANX-1 offline tool. The details in respect of inward supplies can be viewed and downloaded in Form GST ANX-2 (offline tool). The dealer can import the purchase register in the offline tool and match it with the downloaded inward supply in order to arrive at the differences.
3. Time line and the manner of transition to new return filing system has been provided here-in-below:
|Month||Returns to be filed|
|July to September, 2019||
|October & November, 2019||For Large taxpayers (aggregate annual turnover in the previous FY > Rs. 5 Crore)
For Small Taxpayers (other than larger taxpayers)
Note – Form GST ANX – 2 can be viewed simultaneously by all taxpayers, however no action is allowed.