GST Return

E-Invoicing under GST regime

Goods and Services Tax - Currently, businesses generate invoices through various softwares and the details of these invoices are manually uploaded in the GSTR-1 return. The invoice information is thereafter reflected in GSTR-2A for the recipients for viewing only. On the other hand, the consignor or transporters generate e-way bill again by importing the invoic...

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33 Mistakes which you should not do in your GST Returns

Goods and Services Tax - What is necessary in GST -Today 3 years have passed since the enactment of GST laws, many mistakes are still being committed by GST tax payers while filing GST returns particularly GSTR-3B and GSTR-1 due to negligence, oversight or due to lack of conceptual clarity on various provisions of the GST Acts and Rules. – […]...

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Furnishing details of outward/Inward supplies/GST returns/First Return | Section 37-40 | CGST Act 2017

Goods and Services Tax - Simplified GST Series- Returns/Section 37-40/CGST ACT 2017- Article discusses Section 37- Furnishing details of outward supplies, Section 38-Furnishing details of inward supplies, Section 39- Furnishing of GST returns and Section 40-First GST Return of /CGST ACT 2017-. Section 37- Furnishing details of outward supplies (1) Every registere...

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New GST Return due dates

Goods and Services Tax - The CBIC vide its Notification No.49/2020 has given a clear guide with liberalised due dates for filing of GSTR 3B and GSTR 1  for the period from February 2020 to August 2020.  The extension is mainly with regard to the Dealers whose turnover for the previous year is Rs.5 Crores and Below. EXTENDED DUE DATES […]...

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New GST Returns – ‘Complexity with simplicity’ (Part-I)

Goods and Services Tax - Many of us are confused with New GST Returns forms, but it’s not so confusing if we differentiate Old Returns with New GST Returns, let’s look after one by one for easy learning without any delay. A) What we have in Old Return? B) What we have in New Return? C) What is the most […]...

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Government dumps new system of filing GST returns

Goods and Services Tax - Government to continue with the existing and improved GST Return System, dumps new system of filing returns The government plans to improve existing GST return filing system instead of rolling out a new GST Return filing model. The new GST return filing system was supposed to be launched on 1st 2020. Information is shared by […]...

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GSTN introduces 3 New GST Return & Payment related Functionality

Goods and Services Tax - New Functionality Return- Filing Form GSTR-3B, through EVC ♣ The taxpayers who are required to mandatorily use DSC to file Form GSTR-3B, now have an option to file it using EVC. ♣ This is applicable to for all categories of Companies (including Limited Liability Partnerships and PSUs), registered under Companies Act, 2013. ♣ This op...

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Safeguard yourself from fake messages on GST Refunds- GSTN Alerts

Goods and Services Tax - It has been observed that some fraudulent messages are being circulated on WhatsApp, Email and SMS, claiming to process GST refund. It clearly shows that some miscreants have started to take undue advantage of Covid-19 crisis, by sending out fake messages with phishing links. One such link takes to a portal claimed to have been developed ...

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Fake News circulating on extension of date for GST return filing: CBIC

Goods and Services Tax - As per CBIC twitter Handle A fake tweet is circulating regarding extension of date for GST return filing. It also stats that The Government is aware of the challenges faced by public due to COVID-19. Tweet further ask Taxpayers to  wait for further communication in this regard. CBIC tweet at one hand is making people […]...

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Request for not increasing Threshold Limit for GST Annual Return & Audit

Goods and Services Tax - A major part of the Taxpayers would not be having a turnover of Rs. 5 Crore. So if the threshold limit of filling GSTR 9C is increased up to Rs. 5 crores, then a large amount of taxpayers would escape from requirement of certification of business transaction. Lesser number of Taxpayer would imply less collection of tax and hence loss of r...

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Vehicle detention for Non-Filing of GST Returns not justified: HC

Relcon Foundations (P) Ltd. Vs Assistant State Tax Officer (Kerala High Court) - Relcon Foundations (P) Ltd. Vs Assistant State Tax Officer (Kerala High Court) A perusal of Ext.P1 order would indicate that the detention of the vehicle carrying the goods was on the ground that the GSTR 3B returns had not been filed from June 2018 and GSTR I had not been filed from March 2019. It ...

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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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NIL GST Return FORM GSTR­-3B through SMS enabled

NA - (08/06/2020) - In a major move towards taxpayer facilitation, Government rolls out facility of filing of NIL GST Return through SMS In order to facilitate convenient return filing for taxpayers, Government is rolling out the facility of filing of NIL GST monthly return in Form GST-3B through SMS. Over 22 lakh regi...

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Request for not increasing Threshold Limit for GST Annual Return & Audit

A major part of the Taxpayers would not be having a turnover of Rs. 5 Crore. So if the threshold limit of filling GSTR 9C is increased up to Rs. 5 crores, then a large amount of taxpayers would escape from requirement of certification of business transaction. Lesser number of Taxpayer would imply le...

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SOP to be followed in case of non-filers of GST returns

Circular No. 129/48/2019 - GST - (24/12/2019) - Section 46 of CGST Act read with rule 68 CGST Rules requires issuance of a notice in FORM GSTR-3A to a registered person who fails to furnish return under section 39 or section 44 or section 45 (defaulter) requiring him to furnish such return within fifteen days...

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Important salient features of new GST returns wef 01.04.2020

Trade Circular (GST) No. 53T of 2019 - (21/11/2019) - From 1st April 2020, taxpayers will be required to file the new GST return & they need to be familiar with new return functionality. Active participation of the taxpayers and GST practitioners in this trial return drive will enable to give their proper feedbacks/suggestions to improve the GST new re...

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Optional filing of annual GST return Form GSTR-9 / GSTR-9A- CBIC clarifies

Circular No. 124/43/2019 - GST - (18/11/2019) - Vide notification No. 47/2019-Central Tax it is provided that the annual return shall be deemed to be furnished on the due date if it has not been furnished before the due date for the financial year 2017-18 and 2018-19, in respect of those registered persons....

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Recent Posts in "GST Return"

E-Invoicing under GST regime

Currently, businesses generate invoices through various softwares and the details of these invoices are manually uploaded in the GSTR-1 return. The invoice information is thereafter reflected in GSTR-2A for the recipients for viewing only. On the other hand, the consignor or transporters generate e-way bill again by importing the invoic...

Read More

Government dumps new system of filing GST returns

Government to continue with the existing and improved GST Return System, dumps new system of filing returns The government plans to improve existing GST return filing system instead of rolling out a new GST Return filing model. The new GST return filing system was supposed to be launched on 1st 2020. Information is shared by […]...

Read More

33 Mistakes which you should not do in your GST Returns

What is necessary in GST -Today 3 years have passed since the enactment of GST laws, many mistakes are still being committed by GST tax payers while filing GST returns particularly GSTR-3B and GSTR-1 due to negligence, oversight or due to lack of conceptual clarity on various provisions of the GST Acts and Rules. – […]...

Read More

Furnishing details of outward/Inward supplies/GST returns/First Return | Section 37-40 | CGST Act 2017

Simplified GST Series- Returns/Section 37-40/CGST ACT 2017- Article discusses Section 37- Furnishing details of outward supplies, Section 38-Furnishing details of inward supplies, Section 39- Furnishing of GST returns and Section 40-First GST Return of /CGST ACT 2017-. Section 37- Furnishing details of outward supplies (1) Every registere...

Read More

New GST Return due dates

The CBIC vide its Notification No.49/2020 has given a clear guide with liberalised due dates for filing of GSTR 3B and GSTR 1  for the period from February 2020 to August 2020.  The extension is mainly with regard to the Dealers whose turnover for the previous year is Rs.5 Crores and Below. EXTENDED DUE DATES […]...

Read More

NIL GST Return FORM GSTR­-3B through SMS enabled

NA (08/06/2020)

In a major move towards taxpayer facilitation, Government rolls out facility of filing of NIL GST Return through SMS In order to facilitate convenient return filing for taxpayers, Government is rolling out the facility of filing of NIL GST monthly return in Form GST-3B through SMS. Over 22 lakh registered taxpayers are estimated to benefi...

Read More

New GST Returns – ‘Complexity with simplicity’ (Part-I)

Many of us are confused with New GST Returns forms, but it’s not so confusing if we differentiate Old Returns with New GST Returns, let’s look after one by one for easy learning without any delay. A) What we have in Old Return? B) What we have in New Return? C) What is the most […]...

Read More

Extended GST due dates of all GST Return

Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GST filings. These are notified in Notifications 30/2020 to 36/2020 dated 03.04.2020 & 40/2020 dated 05.05.2020. Circular No. 136/06/2020-GST dated 3rd April, 2020 has been issued. Extended GST due dates GSTR 1: Quarterly & Monthly GSTR 3...

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SOP for non GST Return filers during lock-down- Problem & solutions

SOP for non filer regarding Circular No.129/48/2019-GST and chaotic situation during the lock-down process and its problem and solutions Base of the Provision 1.1 As per the circular, the GST Department plans to act tough with non-filers of returns and cancel their registration. It has also decided to update the progress made in this rega...

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Old Vs New GST Returns- New Return Forms and features

The New Return System proposed under Goods and Services Tax (GST) was implemented on trial basis from 1st July, 2019 with 1st October, 2019 being date when the same would be mandated for all taxpayers in phased manner. But, the GST Council in its 37th Meeting held on 20th September, 2019 in Goa decided to […]...

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