Form GSTR-1 contains 13 tables in which the outward supplies details needs to be captured. Based on the nature of business and the nature of supplies effected during the month, only the relevant tables are applicable, not all. The GSTR-1 format inGST portalis as follows: ...
Taxpayer can view and download the invoice details for all other tables. 6. Important FAQs FAQ 1. How many times actions can be taken on an invoice before filing GSTR 3B by the recipient? Multiple times (till filing of GSTR -3B) and the Last action will be considered FAQ 2. What ...
Part I: Basic Details has the following three sections and four tables: 1. Financial Year for which the return is being filed. 2. GSTIN of the taxpayer 3A Legal Name of the registered person 3B Trade Name (if any) of the registered business Part II: It consists of details of Inward ...
In the latest CBEC statement, it is clear that “as the return in Form GSTR-3B does not contain provisions for reporting of differential figures for the past month(s), the said figures may be reported on net basis along with the values for the current month itself in appropriate tables....
Form GSTR-3B consists of 6 tables in all, each requiring a specific detail. The GSTR-3B format is as follows: Table 1: Details of outward supplies and inward supplies liable to reverse charge In this table one needs to capture thetotal taxable value(both intrastate as well as interstate)...
Rs 1,50,000 (4,00,000 – 2,50,000) will be reported in Tables 10 & 14 respectively. (b) Tax Payment under incorrect Head (CGST + SGST = IGST ) For Example Interstate supply liable to Reverse Charge, has been furnished as intrastate supply and mentioned as CGST + SGST in Table ...
Validity: 1 month Discontinued Share on : Request a call back Industry Expert, is a Chartered Accountant and Company Secretary. He is GST Consultant with Govt. He is also the GST Faculty NACIN Faridabad, Ministry of MSME Govt of India etc. He has authored two books "Handbook on Advance GST...
Modifications to the amount of credit given to suppliers as a result of data in Tables 6 and 7 can be made here. Table 10: Late Fees If a late charge is due or has been paid, it is noted individually under this heading. If there is a late fee, the taxpayer puts in the details ...
the returns, it is to ensure that form GSTR- 3B does not contain any provision of reporting different figures for the past months. However, you have the provision for reporting on a net basis along with the values for the current month and placing the figures in the appropriate tables. ...
Form GSTR-3B contains different sections or tables for recording GST information, such as tax liabilities and input tax credit, and other details such as interest, penalty, and so on. In order to file GSTR-3B, it is important that you upload the details of your GST transactions in the ...