20 Practical Case Studies on GSTR 9 Annual Return and 9C

All the registered taxpayers have to file GSTR 9 Annual Return for the financial Year 2017-2018. As GSTR 9 is annual return, you need to summerize your inward and outward supplies correctly. At first, GSTR 9 form structure looks bit complex, but this detailed document by CA Swapnil Munot will definitely make it easier for […]

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GST Annual Return Format – Part I Details

In the last article on GSTR 9  we’d explained “what is GSTR 9, applicability, late fees and requirements”. In this blog we will see how GSTR 9 is organised in total 6 parts and each part having various tables. GSTR 9 consists of 6 parts and 19 tables as summarised below: Part I: Basic detailsPart […]

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

In previous blog post on GST Annual Return Part 1 we explained the classification of GSTR 9 along with overview on all parts. Part II of GSTR 9 deals with reporting of outward supplies that includes advances received, inward and outward supplies on which tax is payable. All invoices including amendments issued shall be reported […]

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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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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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Service Composition Scheme – Who Can Opt, Procedure and Returns – April 2019 Update

Background of this updateFor the Service sector, dealing with consumers directly (B2C), GST has been one of the areas of concern and hurdle for pricing and growth, since July 2017. One of the essential reasons for this is the increase in tax burden for services. In Mar 2015, the service tax rate was 12.36% which […]

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WHAT IS GSTR 9? Type, Applicability, Late Fees & Requirements

GSTR 9 is an annual return required to be filed on or before 31st December following the end of such financial year. GSTR 9 is basically a compilation of GSTR 1, GSTR 3B, GSTR 2A and purchase data for the respective financial year.Note: For FY 2017-18, due date for filing GSTR 9 has been extended […]

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