GST Return

Annual GST return made non-mandatory for small business…Should we file or not?

Goods and Services Tax - G.S.T. council after its 37th Meeting recommended that the Annual Return (GSTR 9 and 9A) under the G.S.T. should be made optional considering the fact, it is a new regime and there are problems faced by the tax payers in filling it for those registered persons whose aggregate turnover in a financial year does not […]...

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Return Formats (Sahaj Return–FORM GST RET-2) (Quarterly) (including amendment)

Goods and Services Tax - To improve and simply, GST Council approved concept of new simplified format of GST returns in its 28th GST Council meeting held on 21st JULY, 2018.Revised Formats are proposed to implement with effect from 1st April,2019 on trial basis and if it operates well then such formats will become mandatory with effect from 1st July,2019, [&helli...

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Effect of GSTR-1 Returns on availment of ITC under 20% ITC rule

Goods and Services Tax - Revised GST Rules has placed a cap of 20% (i.e. Credit reflected in GSTR2A plus 20%) on the input credit which can be availed by a taxpayer on the input tax paid on goods purchased by him. The new rule says that the taxpayer can avail only 20% extra amount than the amount of input credit reflected in his GSTR2A return....

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New GST Returns under Scheme Normal, Sahaj and Sugam

Goods and Services Tax - To improve and simply, GST Council approved concept of new simplified format of GST returns in its 28th GST Council meeting held on 21st JULY,2018. Revised Formats are proposed to implement with effect from 1st April,2019 on trial basis and if it operates well then such formats will become mandatory with effect from 1st July,2019, [&helli...

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Optional Filing of Annual GST return – Critical possible impact

Goods and Services Tax - Filing of Annual return – Option Scheme for MSME – Critical Analysis of the possible impact Annual return in form GSTR-9 is required to be filed by every registered person (other than an Input Service Distributor, the person paying tax under section 51 or 52, a casual taxable person and a non-resident taxable person) for […]...

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Workshop on GST Audit & Annual Return (Few Seats Left)

Goods and Services Tax - We are happy to announce One Day GST workshop for effective GST Audits and Annual Returns. The workshop would cover clause wise clause detailed Analysis for Form GSTR 9, GSTR 9C along with GST Audit tool for GST Health Check-up. We are having workshops at  Mumbai on 27th July 2019 and on 2nd August 2019 at New Delhi....

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Advantages of GST Grievance Redressal Portal & Steps to lodge a complaint

Goods and Services Tax - Please follow the following steps to find a resolution or  lodge a complaint related to GST portal related issues: Please enter the keyword related to issue / complain being faced by you in the Type of Issue/Concern box under REPORT ISSUE/ COMPLAINT tab, after clicking the link as provide above....

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CBIC issues 6 New GST Notifications on 09th October 2019

Goods and Services Tax - CBIC issues 6 New GST Notifications on 09th October 2019 to give effect to decisions of 37th GST Council Decisions and also to make amendments in Central Goods and Services Tax Rules 2017. Vide These Notifications CBIC Notifies Due Date Of GSTR 3B And GSTR 1, CBIC further notifies that GST Annual Return is voluntary […]...

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Changes in GST Law & Return Filing including Annual Returns

Goods and Services Tax - Filing of FORM GSTR-9 for those taxpayers who (are required to file the said return but) have aggregate turnover up to Rs. 2 crores made optional for the said tax periods. A Committee of Officers to be constituted to examine the simplification of Forms for Annual Return and reconciliation statement....

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GST ANX-1 and ANX-2 Offline Tool of New Return

Goods and Services Tax - Welcome to GST ANX-1 and ANX-2 Offline Tool of New Return A. Introduction to New Return Offline Tool (Trial) :  What are the Offline Tools planned under New Return? In the proposed system of new GST Return filing, a normal taxpayer would have to file FORM GST RET-1 (Normal) or FORM GST RET-2 (Sahaj) or […]...

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HC allows Petitioner to rectify GST Returns (GSTR-1 & GSTR-3B)

M/s Neelkamal Enterprises Pvt. Ltd. Vs. Union of India & others (Punjab & Haryana High Court) - Petitioner-Assessee has to file his annual return for the Assessment Year 2017-18 by 31.8.2019 under the CGST and HGST. However, it is handicapped on account of inadvertent mistakes/errors having occurred while filing statutory fowls GSTR-1 and GSTR-3B, which can be corrected in view of legal provis...

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Writ filed challenging GST Portal Operation Mechanism for Annual Return filing

M/s P.P. Automative Pvt. Ltd. Versus UOI and others (Punjab and Haryana High Court) - Writ Petition Filed Before Hon’ble High Court Of Punjab And Haryana: M/S P.P. Automotive Pvt. Ltd., Challenging The Mechanism Of Operation Of Common GST Portal In Relation To The Filing Of Annual Return. Provisions: As per Section 44 and Section 35 of the CGST/HGST Act read with Rule 80 of the CGS...

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GSTR 3B is not a return under Section 39 of CGST Act 2017: Gujarat HC

AAP And Co. Vs Union of India (Gujarat High Court) - AAP And Co. Vs Union of India (Gujarat High Court) The writ-application has been filed seeking quashing and setting aside of the press release dated 18th October 2018 to the extent that its para 3 purports to clarify that the last date for availing the input tax credit relating to the invoices issue...

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Salient features of new GST returns & Form GST ANX-1 & GST ANX-2

Circular No. 27/2019-2020 - (31/10/2019) - To simplify the process and procedure of filing Of return across various categories of taxpayers, the GST Council in its 31st meeting has decided that a New Return System under GST would be introduced for taxpayers. The important salient features of new returns are as under:...

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Amendment in CGST Rules & Due dates of GSTR 1 / GSTR 3B

Notification no.44-49/2019- Central Tax dated 09 October 2019 - (26/10/2019) - CBIC issues Notifications relating to filing of returns under GST Central Board of Indirect Taxes and Customs has issued Notifications 44–48/2019 Central Tax dated 9 October 2019 relating to filing of returns under Goods and Services Tax (GST). The key changes are as follows: Notification no. ...

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Special Drive for Cancellation of GST Registration of Return Defaulters

Circular No. 9/2019 (Kerala) - (21/10/2019) - SGST Dept. - Goods and Service Tax - Action against Return Defaulters - Special Drive for Cancellation of Registration of Return Defaulters -instructions issued- In the interest of revenue, registration of all the return defaulters who had failed to file returns has to be cancelled to ensure that th...

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Restriction on ITC in case of diffrence’ GTR 3B is a Return: CBIC notifies

Notification No. 49/2019-Central Tax - (09/10/2019) - CBIC notifies Central Goods and Services Tax (Sixth Amendment) Rules, 2019 vide Notification No. 49/2019 – Central Tax dated 09-10-2019 and made some important changes as given below- 1. Rule 36(4) inserted in the CGST Rules, 2017- Input tax credit to be availed by a registered person in respe...

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Extended due date of Form GSTR-1, GSTR-7 & GSTR-3B for J&K

Notification No. 48/2019-Central Tax - (09/10/2019) - CBIC notifies due dates for registered persons whose principal place of business is in the State of Jammu and Kashmir for furnishing of FORM GSTR-1 for the month of August, 2019, FORM GSTR-7 for the month of July and August, 2019 and FORM GSTR-3B for the month of July and August, 2019 | Notification...

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Recent Posts in "GST Return"

Workshop on GST Audit & Annual Return (Few Seats Left)

We are happy to announce One Day GST workshop for effective GST Audits and Annual Returns. The workshop would cover clause wise clause detailed Analysis for Form GSTR 9, GSTR 9C along with GST Audit tool for GST Health Check-up. We are having workshops at  Mumbai on 27th July 2019 and on 2nd August 2019 at New Delhi....

Read More

Annual GST return made non-mandatory for small business…Should we file or not?

G.S.T. council after its 37th Meeting recommended that the Annual Return (GSTR 9 and 9A) under the G.S.T. should be made optional considering the fact, it is a new regime and there are problems faced by the tax payers in filling it for those registered persons whose aggregate turnover in a financial year does not […]...

Read More

Return Formats (Sahaj Return–FORM GST RET-2) (Quarterly) (including amendment)

To improve and simply, GST Council approved concept of new simplified format of GST returns in its 28th GST Council meeting held on 21st JULY, 2018.Revised Formats are proposed to implement with effect from 1st April,2019 on trial basis and if it operates well then such formats will become mandatory with effect from 1st July,2019, [&helli...

Read More

Effect of GSTR-1 Returns on availment of ITC under 20% ITC rule

Revised GST Rules has placed a cap of 20% (i.e. Credit reflected in GSTR2A plus 20%) on the input credit which can be availed by a taxpayer on the input tax paid on goods purchased by him. The new rule says that the taxpayer can avail only 20% extra amount than the amount of input credit reflected in his GSTR2A return....

Read More

New GST Returns under Scheme Normal, Sahaj and Sugam

To improve and simply, GST Council approved concept of new simplified format of GST returns in its 28th GST Council meeting held on 21st JULY,2018. Revised Formats are proposed to implement with effect from 1st April,2019 on trial basis and if it operates well then such formats will become mandatory with effect from 1st July,2019, [&helli...

Read More

Salient features of new GST returns & Form GST ANX-1 & GST ANX-2

Circular No. 27/2019-2020 (31/10/2019)

To simplify the process and procedure of filing Of return across various categories of taxpayers, the GST Council in its 31st meeting has decided that a New Return System under GST would be introduced for taxpayers. The important salient features of new returns are as under:...

Read More

Amendment in CGST Rules & Due dates of GSTR 1 / GSTR 3B

Notification no.44-49/2019- Central Tax dated 09 October 2019 (26/10/2019)

CBIC issues Notifications relating to filing of returns under GST Central Board of Indirect Taxes and Customs has issued Notifications 44–48/2019 Central Tax dated 9 October 2019 relating to filing of returns under Goods and Services Tax (GST). The key changes are as follows: Notification no. 44/2019-Central Tax dated 09 October 201...

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Advantages of GST Grievance Redressal Portal & Steps to lodge a complaint

Please follow the following steps to find a resolution or  lodge a complaint related to GST portal related issues: Please enter the keyword related to issue / complain being faced by you in the Type of Issue/Concern box under REPORT ISSUE/ COMPLAINT tab, after clicking the link as provide above....

Read More

Special Drive for Cancellation of GST Registration of Return Defaulters

Circular No. 9/2019 (Kerala) (21/10/2019)

SGST Dept. - Goods and Service Tax - Action against Return Defaulters - Special Drive for Cancellation of Registration of Return Defaulters -instructions issued- In the interest of revenue, registration of all the return defaulters who had failed to file returns has to be cancelled to ensure that the non-filing of return will not cost the...

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Optional Filing of Annual GST return – Critical possible impact

Filing of Annual return – Option Scheme for MSME – Critical Analysis of the possible impact Annual return in form GSTR-9 is required to be filed by every registered person (other than an Input Service Distributor, the person paying tax under section 51 or 52, a casual taxable person and a non-resident taxable person) for […]...

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