The GST Law explains about the filing of online GST Annual Returns filing as below: Every registered taxable person, other than an input service distributor, a deductor under section 37, a casual taxable person and a non-resident taxable person, shall furnish an annual return for every financia...
GST return data format is complex and prone to errors with manual preparation. Computer generated returns are accurate and eliminate human error. With the same data source GSTR1- GSTR 3B mismatch is a thing of the past. No calculation mistakes. ...
GSTR-10is a return form filed by the taxpayer whose registration is surrendered or cancelled. It is also known as final return. There is a difference between annual and the final return. Annual return is the return filed by the registered normal taxpayer once in a year in form GSTR-9 wh...
When you have a registered your business, it becomes mandatory for you to file a monthly/quarterly and a yearly GST (Goods and Service Tax) return. Your GST return will be based on the type of business you have. The government has simplified the process to file the GST returns on theGST...
GSTR 9 is an annual return form to be filed by all registered taxpayers and taxable persons irrespective of their business turnover. It is an annual return for all the registered taxpayers under GST and has to be duly paid with some exceptions. GSTR-9 is a compilation of inward supplies,...
It is surprising that even as on date 2nd wekk of June 2019 ( with just 18 days left) - the urgency to upload the GST Annual Return & get audit conducted we
The five things which are required to be done before filing the annual return: A) List of All the Tax Invoices to Till Date Should be Listed and Reconciled All the tax invoices issued during the period should be kept and listed properly. It would be best if the invoices are segregated G...
a supplier to record a decrease in taxable value &/or GST charged in the original invoice. Credit note must be issued on or before 30th September following the end of the financial year in which the supply was made OR the date of filing of the relevant annual return, whichever is earlier...
11.Documents Format as per Good & Services Tax Format of Tax Invoice Bill of Supply Receipt Voucher Refund Voucher Payment Voucher Revised Tax Invoice Credit Note & Debit Note Tax Invoice as per Special Cases 12.Maintenance of Books of Accounts ...
The taxpayers can also view and download the GSTR 9C form in PDF format. 53rd GST Council Meeting Updates for Annual Return Form The 53rd GST Council has announced the relaxations provided in FY 2023-24 for FORM GSTR-9 and FORM GSTR-9C. This includes the exemption from filing the ...