GST Audit Report GSTR 9C is now available on GSTN Portal in offline tool
Complete form can be download and read from here: https://www.gst.gov.in/download/gstr9c
Due Date of GSTR-1 has been extended
As per Notification No. 17/2019 – Central Tax, Dated: 10th April, 2019 due date of form GSTR-1 for the taxpayers having aggregate turnover more than Rs. 1.5 crores for the month of March, 2019 has been extended from 11.04.2019 to 13.04.2019. More Details
Due Date of GSTR-7 has been extended
As per Notification No. 18/2019-Central Tax, Dated: 10th April,2019 due date of form GSTR-7 (required to furnish by a registered person who is required to deduct tax at source under the provisions of section 51 of CGST Act) has been extended from 10.04.2019 to 12.04.2019. More Details
Clarification on Notification No. 2/2019 – CT(R) Dated 07.03.2019
According to CBIC Circular No. 97/16/2019-GST, Dated – 05.04.2019 (a) Registered Tax Payer who wants to opt to pay central tax @3% can apply now in From CMP-02 by selecting the category of registered person as “Any other supplier eligible for composition levy” as listed at Sl. No. 5(iii) of the said Form, latest by …
Due Date of GST ITC-04 has been extended
According to Notification No 15/2019, Dated 28.03.2019, Government have extend time limit to furnish details in GST ITC-04 for July, 2017 to March, 2019 till the 30.06.2019. GST ITC-04 is a form in which details regarding goods send to job-worker and received back from job-worker are filled. More Details
Decisions taken by GST Council in 34th Meeting held on 19th March
Lower GST rates of 1% in case of affordable housing and 5% in case on construction of houses other than affordable houses will be applicable from 1st Apr’19 for new projects but the on-going projects will have an one time option to pay tax at old rates or to pay taxes in new regime which …
Comparison of Liability declared and ITC claimed
New functionality is available on GST Portal where one can Compare the Input Tax Credit taken in GSTR-3B and that available in GSTR-2A. Through this functionality Reconciliation is done by Government itself between liability as declared in GSTR-1 and against it amount paid against it in GSTR-3B along with how much ITC claimed in GSTR-3B …
GSTR-9 filing process on Government Portal
GSTR-9 is Annual return filed once for a financial year by all the registered person who registered themselves in normal category. Annual return filing is compulsory in case of Nil-turnover also. In the Annual Return for F.Y 2017-18, the details pertaining to the period from July 2017 to March 2018 are to be reported. In …
Government have came out with some new changes on GSTN Portal
(A) Comparison of liability declared and ITC claimed: In this feature Govt. have provide a comparison report between Outward liability as per GSTR-1 and actual amount paid in GSTR-3B as well as ITC claimed in GSTR-3B and ITC available as per GSTR-2A. (B) Accounting and Billing software services have also been enabled on Govt portal …
