65 ViewsFiling Dates extended for providing relief to taxpayers in view of COVID-19 pandemic- Part 3 a. Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY Tax period(a) Interest not payable,if filed by(b) Date from which interest is payable@ 9% till date of filing,if filed by 24th June, 2020(c) Date from which interest […]
Filing Dates extended for providing relief to taxpayers in view of COVID-19 pandemic- Part 1
93 ViewsDue 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. Circular No. 136/06/2020-GST dated 3rd April, 2020 has been issued. 1. Normal Taxpayers filing Form GSTR-3B a.Taxpayers having aggregate turnover > Rs. 5 Cr. in preceding FY Tax period Late fees waived […]
Advisory on Opting-in for Composition Scheme for 2020-21 – Extension of Dates in view of COVID-19 pandemic
102 Views A.Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for opting for composition scheme by normal taxpayers, for the financial year 2020-21. These are notified in Notifications 30/2020 Central Tax, dated 03.04.2020. Circular No. 136/06/2020-GST dated 3rd April, 2020 has also been issued. B.Existing Normal taxpayers who want to opt for Composition Scheme […]
All about of GSTR-8 | What is GSTR-8
867 Views1. What is Form GSTR-8? Form GSTR-8 is a Statement of TCS (Tax Collected at Source) to be filed by E Commerce Operators. Form GSTR-8 contains the details of taxable supplies and the amount of consideration collected by such operator pertaining to the supplies made by other suppliers through such e commerce operator and […]
How To File GSTR-8
385 ViewsHow can I create and file details in Form GSTR-8? To create and file details in Form GSTR-8, perform following steps: A. Login and Navigate to Form GSTR-8 page B. Enter details in various tiles C. Preview Form GSTR-8 D: Payment of Tax E. File Form GSTR-8 with DSC/ EVC F. View Debit entries in […]
All about Form GSTR9A
374 Views1. What is Form GSTR-9A? Form GSTR-9A is an annual return to be filed once, for each financial year, by taxpayers who have opted for composition scheme, for any period during the said financial year. The taxpayers are required to furnish details regarding outward supplies, inward supplies, taxes paid, any refund claimed or demand […]
GST Interest Calculation | Free Excel Format for GST Interest Calculation
439 Views GST Interest Calculation | Free Excel Format for GST Interest Calculation Download Excel sheet Popular Topics Latest Post SUBSCRIBE | NEWSLETTER Subscribe to our newsletter and stay latest updated on GST, Income Tax and new post.
Tracking GST Refund Application Status on the GST Portal and PFMS portal
160 Views1. The functionality to track the status of refund application has been available on the GST portal. By utilising this functionality, the taxpayers can know the stage at which the refund application is pending with the tax-officer/ taxpayer. 2. A tax officer can issue payment order only after Public Financial Management System (PFMS) has […]
How to file GSTR-10 ( Final Return ) under GST
245 ViewsHow can I create and file details in Form GSTR-10 (Final Return)? To create and file details in Form GSTR-10 (Final Return), perform following steps: A. Login and Navigate to Form GSTR-10 page B. Update Address for Future Correspondence C. Update Particulars of certifying Chartered Accountant or Cost Accountant D. Enter details in various tiles D(1). 8A, 8B & 8C […]
What is Form GSTR-10 | All about GSTR-10
650 Views1. What is Form GSTR-10? A taxable person whose GST registration is cancelled or surrendered has to file a return in Form GSTR-10 called as Final Return. This is statement of stocks held by such taxpayer on day immediately preceding the date from which cancellation is made effective. This return should be filed within […]
How to file GSTR-11
420 ViewsHow can I file details in Form GSTR-11? In case you want to add records more than 500, you need to prepare Form GSTR-11 in Offline mode. Click here to know more about add details in GSTR-11 in Offline mode. To file details in Form GSTR-11 through Online mode, perform following steps: A. Login and […]
What is Form GSTR-11
449 Views1. What is Form GSTR-11? Form GSTR-11 is to be filed by persons who have been assigned a Unique Identity Number (UIN). It is a statement of inward supply of goods or services or both received by an UIN holder. 2. Who needs to file Form GSTR-11? Persons having Unique Identification Number (UIN) are […]
Annual Returns for FY 2017-18
283 ViewsAnnual Returns for FY 2017-18 Government has made some changes in the forms of Annual Return (GSTR-9) and the Reconciliation Statement (GSTR-9C) vide Notification No. 56/2019 dated 14.11.2019. These changes do not impact the current tools required for preparation and filing of GSTR-9 and GSTR-9A for the financial year 2017-18. For GSTR-9C, some changes are required […]
Changes in Annual Return
267 ViewsAnnual Return (GSTR-9) and the Reconciliation Statement (GSTR-9C) Government has made some changes in the forms of Annual Return (GSTR-9) and the Reconciliation Statement (GSTR-9C) vide Notification No. 56/2019 dated 14.11.2019. Accordingly, the changes in the application software and the offline tools are likely to be made available by 10th Dec. 2019.”
20% ITC Computation Excel Tool
2,911 Views Circular No. 123/42/2019-GST dated November 11, 2019 clarifying restrictions on availment of Input Tax Credit (ITC) in terms of Rule 36(4) of CGST Rules, 2017 issued. Excel tool