SCROLLING MARQUEES

R.R.JAGADEESAN, GST PRACTITIONER WELCOMES YOU TO "ABHIVIRTHI" WITH LATEST UPDATES ON GST - GOODS AND SERVICES TAX ACT, IGST - INTEGRATED GOODS AND SERVICES TAX ACT, CGST- CENTRAL GOODS AND SERVICES TAX ACT, SGST - STATE GOODS AND SERVICES TAX ACT, UTGST - UNION TERRITORY GOODS AND SERVICES TAX ACT WITH NOTIFICATIONS, CIRCULARS, FORMATS, GST TAX RATES,PRESS RELEASES, HSN CODES AND OTHER INFORMATION FOR BUSINESS SECTOR AND INDUSTRIAL SECTOR AND SERVICE SECTOR, PRIVATE BANKS, PUBLIC SECTOR BANKS, PUBLIC SECTOR UNDERTAKINGS, STAKEH0LDERS, ACADEMICIANS, STUDENTS AND CHARTERED ACCOUNTANTS AND GST PRACTITIONERS WITH COMPLETE GUIDELINES FOR ONLINE REGISTRATION, ONLINE RETURN FILING, ONLINE PAYMENT AND ONLINE GENERATION OF CERTIFICATES IN GST PORTAL (www.gst.gov.in) As per the Notification No. 78/2020 dated 15th Oct 2020, the tax payers, having Aggregate Annual Turn Over (AATO) above Rs 5 Crore, shall use atleast 6 digit HSN code in the e-Invoices and e-Waybills and other tax payers shall use atleast 4 digit HSN code in E-Invoices and E-Way Bills with effect from 1st October, 2023.-----GSTR-2B WILL BE AVAILABLE IN THE AFTERNOON OF 14TH AS ITS GENERATION COMMENCES AFTER END OF DUE DATE OF GSTR-1/IFF FILING ON 13TH TAXPAYERS MUST FURNISH 4 DIGIT HSN CODES AND 6 DIGIT HSN CODES IF THE AGGREGATE TURNOVER IN THE PRECEDING FINANCIAL YEAR IS BELOW RUPEES 5 CRORES AND ABOVE RUPEES 5 CRORES RESPECTIVELY AND 8 DIGIT HSN CODES IF THE GOODS ARE EXPORTED IRRESPECTIVE OF QUANTUM OF TURNOVER THANK YOU VERY MUCH FOR YOUR VISIT AND BOOKMARKING THIS BLOGSPOT FOR FREQUENT VISITS-----SHARE THE ARTICLES WITH YOUR COLLEAGUES AND FRIENDS USING PRINT FRIENDLY OPTION AVAILABLE ON THE RIGHT SIDE-----TO VIEW MORE ARTICLES PLEASE VISIT AGAIN AND AGAIN. ABHIVIRTHI R.R.JAGADEESAN அபிவிருத்தி R.R.ஜெகதீசன் अभिविरथी R.R.जगदीसन
WELCOME நல்வரவு स्वागत हे
THE BACKGROUND IMAGE IS THE AERIAL VIEW OF ARULMIGU MEENAKSHI AMMAN TEMPLE MADURAI TAMIL NADU INDIA WELCOME TO TAMIL NADU ABHIVIRTHI அபிவிருத்தி अभिविरथी
ABHIVIRTHI R.R.JAGADEESAN அபிவிருத்தி R.R.ஜெகதீசன் अभिविरथी R.R.जगदीसन
PLEASE CLICK "GST RETURN DUE DATES" TO VIEW THE LAST DATE OF FILING OF GST RETURNS IN INDIA----PLEASE CLICK "GST IN INDIA" TO VIEW ACTS AND RULES, GST TAX RATES, CIRCULARS, CLARIFICATIONS, NOTIFICATIONS, FORMATS, HSN CODES ETC
BEST WISHES FROM "ABHIVIRTHI" R.R.JAGADEESAN BIRTH DAY GREETINGS SUCCESS DAY GREETINGS ANNIVERSARY GREETINGS ENGAGEMENT GREETINGS WEDDING DAY GREETINGS FESTIVE SEASON GREETINGS INAGURATION OF BUSINESS ORGANISATION GREETINGS INAGURATION OF SERVICE ORGANISATION GREETINGS ABHIVIRTHI R.R.JAGADEESAN அபிவிருத்தி R.R.ஜெகதீசன் अभिविरथी R.R.जगदीसन
PLEASE CLICK "STATE WEBSITES" AND VIEW THE GST WEBSITES OF ALL STATES AND UNION TERRITORIES IN INDIA AND CENTRAL GOVERNMENT BY CLICKING THE RELEVANT LINK

Wednesday, December 27, 2017

GST - GSTR COM-3 Filing of stock details by compounding opted tax payers last date extended upto 31.1.2018 in India

FORM GSTR COM-3 – LAST DATE EXTENDED UPTO 31.1.2018 FOR THE DEALERS WHO OPTED TO PAY TAX ON COMPOSITION BASIS IN GST REGIME


The Goods and Services Tax Act, 2017 came into force with effect from 1.7.2017 in India.

The registered persons who opted to pay tax under Section of the Act has to file Form GSTR COM-3 i.e. intimation of details of stock on date of opting for composition levy (only for persons registered under the existing law migrating on the appointed day)

Form GST –CMP-03

[See Rule----]

Intimation of details of stock on date of opting for composition levy
(Only for persons registered under the existing law migrating on the appointed day)

1.  GSTIN

2.  Legal name

3. Trade name, if any

4. Address of Principal Place of Business


5. Details of application filed to pay tax under section 10
(i) Application reference number
(ARN)

(ii) Date of filing

6. Jurisdiction
Centre
State


7.  Stock of purchases made from registered person under the existing law

Sr. No
GSTIN/TIN
Name of the supplier
Bill/ Invoice No.
Date
Value of
Stock
VAT
Central
Excise
Service Tax (if applicabl e)
Total
1
2
3
4
5
6
7
8
9
10
1









2









Total











8.  Stock of purchases made from unregistered person under the existing law

Sr. No
Name of the unregistered person
Address
Bill/ Invoice No
Date
Value of
Stock
VAT
Central
Excise
Service Tax (if applicabl e
Total
1
2
3
4
5
6
7
8
9

1









2









Total












9.  Details of tax paid

Description

Central Tax
State Tax / UT Tax


Amount



Debit entry no.







10. Verification

I_                                                                                   hereby solemnly  affirm and declarthat the informatiogiven hereinabove  is true and correct to the best of my knowledge and belief and nothing has been concealed therefrom.

Signature of Authorized Signatory



Place


Name

Date                                                                                              Designation / Status








                                                                    


The Central Government has extended the time limit upto 31.12.2017 to file the details vide Order No. 05/2017-GST dated 28.10.2017.

The Central Government has now extended the time limit upto 31.1.2018 to file the stock details vide Order No. 11/2017-GST dated 21.12.2017 which is given below for ready reference.





F. No. 349/58/2017-GST
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
***

New Delhi, the 21st December, 2017

Order No. 11/2017-GST

Subject: Extension of time limit for intimation of details of stock held on the date preceding the date from which the option for composition levy is exercised in FORM GST CMP-03

In exercise of the powers conferred by sub-rule (4) of rule 3 of the Central Goods and Services Tax Rules, 2017 read with section 168 of the Central Goods and Services Tax Act, 2017 (hereafter referred to as “the Act), on the recommendations of the Council, and in supersession of Order No. 05/2017-GST dated 28th October, 2017, the period for intimation of details of stock held on the date preceding the date from which the option to pay tax under section 10 of the Act is exercised in FORM GST CMP-03 is extended till 31stJanuary, 2018.



(Upender Gupta)
 Commissioner (GST)




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