How to File GSTR 9 Annual Return Online – Step by Step

In our previous post here we explained What IS GSTR 9? Type, Applicability, Late Fees & Requirements in detail. You can browse other GSTR 9 tutorials here.Today we are going to see How to File GSTR 9 Annual Return Online – Step by Step. While filing GSTR 9 you may have certain questions like-What if […]

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GSTR-9 FAQ’s (Annual Return FAQ’s)

1.What if outward supplies as per GSTR 1 is more than that reported In GSTR 3B?Verify if outward liability reported as per GSTR 1 is accurate. If GSR 1 is accurate, then verify if additional liability has been reported in GSTR 3B in the next year. If it is reported in next year, then show […]

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Tax Deducted At Source (TDS) Under GST – With Examples

By virtue of Section 51 of CGST Act 2017, government has introduced the concept of Tax Deducted at Source under GST, unlike it is there under Income Tax. TDS refers to the tax which is to be deducted when the recipient of goods/ services makes some payments under contract. Intention behind this seems to be, […]

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GST on Housing Society

GST on Housing Society – July 2019 Update

Housing society are non profit oriented organisation, which works for its members. Housing, under GST, it is important that said societes should evaluate GST Impact on its activity. GST is not just on organisation who are doing profit motive business, but it is also applicable to on association of person, charitable organisation. There is one […]

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ITC Utilization as per New Method with Examples

Even though GST is single Tax System, but it has ingredients of  3 Taxes ( CGST / SGST / IGST ) and Cess. Therefore taxpayer is required to pay correct tax as well as utilise Input Tax Credit (ITC) as per provisions given. In case of wrong payment of taxes, as per Sec 77 of […]

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Post Sale Discount – Impact on GST liability & ITC

It is very usual and often that Supplier offers various kind of discounts to its Customer/dealer/retailer (referred as “dealer”), in order to incentives Sales, to offset for advertisement expense uncorrected, for reduction of sale price to ultimate customer etc. Some of discount are offers upfront in invoices whereas some are offered after Sale.  In this […]

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35th GST Council Meeting Analysis

35th GST Council Meeting Analysis – Detailed Analysis of Decisions

35th GST Council Meeting was held at New Delhi on 21 June 2019 , after more than three months of longer gap. It was the 1st GST Council meeting  under 2nd term of Modi Govt. and also under the chairmanship of Hon’ble Finance Minister Smt. Nirmala Sitharaman.  It was one of the meeting, for press […]

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GST Annual Return June 19 PR: Clarifications or more Issues?

      As we know, all the registered taxpayers have to file GSTR 9 annual return for the financial year 2018-19. The last date for filing of GST Annual return in FORM GSTR-9 is 30th June 2019. Many traders and industries have raised certain queries with respect to the filing of this Annual Return […]

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GSTR 9 Format – Part IV and V

GSTR 9 is an annual return. It contains 6 parts and 19 tables. Part II as already mentioned in earlier blogs contains information with respect to outward supply whereas Part III requires details for Input Tax Credit. Part IV requires details of tax payable and tax paid during the financial year for which GSTR 9 […]

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GST Annual Return Format – Part III Details. How Its Organised?

GSTR 9 Part III section consists of details of all input tax credit availed and utilised/ reversed in the financial year for which GSTR 9 is to be filed. All details with respect to Input tax credit shall be reported under Table 6, 7 and 8 of Part III of GSTR 9. Detailed analysis as […]

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