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Formats for filing Annual Returns revised GSTR-9 and GSTR-9C
Audits
CA. Sachin Jindal

Formats for filing Annual Returns revised GSTR-9 and GSTR-9C

1. Formats for filing Annual Returns revised GSTR-9 and GSTR-9C Revised GSTR-9 and GSTR-9C Formats for filing Annual Return in Form GSTR – 9, Form GSTR – 9A, Form GSTR – 9C have been notified. The summary of changes made in GSTR – 9 is given below: 2. Details of outward and inward supplies liable to RCM made during the FY (Part – II) to be prepared based on GSTR – 3B There was a lack of clarity as to whether GSTR-9 has to be prepared on the basis of GSTR-1 or GSTR-3B. It has now been clarified that all

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Important Points to be considered for GSTR-3B return under GST
Audits
CA. Kapil Mittal

Important Points to be considered for GSTR-3B return under GST

GST implementation is one of the most revolutionary tax reforms that have ever taken place in India. However, the huge number of returns introduced under the GST regime has left the majority of the taxpayers confused. Well, to make it easy for you, we are here to discuss the very first step in this new regime. Yes, we are referring to GSTR-3B here! Find out all the essential information on GSTR-3B return for the month of Sep 2018 and the important points to consider for the filing of the return.

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Amendment, Corrections and Rectifications of GSTR-3B returns
Returns
CA. Kapil Mittal

How to rectify error in GSTR 3B

In this article about rectify error in GSTR 3B, we will understand following: Stages of returns Type of Error in GSTR-3B Rectification of error made while filling GSTR-3B Earlier it has been clarified that error in GSTR-3B can be rectified while filing GSTR-1 and GSTR-2, however since the mechanisms are not implemented till now, this video provides detailed scope on how to rectify error in GSTR 3B. 1. Amendment, Corrections and to rectify error in GSTR 3B returns: FORM GSTR-3B do not contain provisions for reporting of differential figures for past month(s), the said figures may be reported on net

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Waiver Of Late Fee For All Registered Persons Who Failed To Furnish Return In Form GSTR-3B

In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017, Central government has reduced the amount of late fees be payable on late filling of GSTR – 3B from October 2017 onwards. S no Taxpayer CGST SGST IGST 1 Whose tax liabilities is NIL 10 per day 10 per day 20 per day 2 All other taxpayer 25 per day 25 per day 50     per day NOTIFICATION NO.64/2017-CENTRAL TAX, DATED 15-11-2017 In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter

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