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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
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Saturday, October 6, 2018

FORM GSTR-1 Return Amendment procedure under GST


GSTR-1 RETURN AMENDMENT PROCEDURES UNDER GST


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


https://abhivirthi.blogspot.com/2018/10/form-gstr-1-retirm-amendment-procedure.html


The first return for the month of July 2017 under GST regime filed by GST taxpayers in FORM GSTR-3B before 25.8.2017 as per Notification No.24/2017 dated 21.8.2017 which contains only abstract of outward and inward supply of goods or services or both without recipients’ details.

There are two categories of taxpayers namely Regular taxpayer and Composition taxpayer.

The taxpayer whose aggregate turnover exceeds Rs.1.5 Crores has to file monthly outward supplies details in FORM GSTR-1 and the taxpayers whose aggregate turnover is less than Rs.1.5 Crores and not opted for quarterly return filing option has to file monthly returns in FORM GSTR-1 before 10.1.2018 for the period from July 2017 to November 2017 and done so.

The normal taxpayers have filed their monthly returns in FORM GSTR-1 before 10.1.2018 for the months from July 2017 to November 2017 before 10.1.2018 and then on the normal due dates.

The taxpayer’s whose aggregate turnover is less than Rs.1.5 Crores and opted for composition option has to file quarterly return in FORM GSTR-4.

The Composition opted taxpayers has filed quarterly returns in FORM GSTR-4 before 10.1.2018 for Jul-Sep 2017 and before 15.2.2018 for Oct-Dec 2017 as per Notification No.71/2017 dated 29.12.2017 and then on the normal quarterly due dates.

The taxpayers while filing FORM GSTR-1 were not able to furnish the correct details of recipients for the following reasons.

a)  Recipients have not furnished their GSTIN till the date of filing of FORM GSTR-1 by the supplier.
b)  Recipient’s correct GSTIN not furnished and hence error message displayed in GST portal.
c)  Recipient’s GSTIN not migrated.
d)  Recipient has applied for new GSTIN and pending processing.


For the above reasons and some other reasons, the suppliers faced the difficulties and error messages in GST Portal while filing FORM GSTR-1 and hence the suppliers disclosed the supplies made to regular/composition taxpayers (B2B) in the table supplies made to consumers (B2C) incorrectly.

In such cases the regular taxpayer recipients were not able to avail Input Tax Credit for their inward supplies and hence the recipients had to pay GST for that turnover.

Similarly if the exporters has not furnished the correct details while filing GSTR-1 Return, there may be mismatch and hence they cannot claim Refund on Exports and facing problems.

If the importers have not furnished the correct details they are unable to take IGST Credit in certain cases and they will have to pay difference of tax if any on the mistakes.

Some taxpayers have mentioned incorrect name of the States and in such cases the recipients are not able to avail IGST Input Tax Credit.

Some taxpayers have furnished Intra-State transactions in Inter-State Transactions and paid IGST and some tax payers have furnished Inter-State transactions in Intra-State transactions and paid CGST and SGST by mistake.

In order to rectify the errors, facility has been provided in GST Portal now. 


The last date for filing of Amended FORM GSTR-1 for the financial year 2017-18 i.e. for the period from July 2017 to March 2018 is 31.10.2018.

After 31.10.2018, Amended GSTR-1 for 2017-18 (July 2017 to March 2018) will not be possible as per rules.


The B2B supply details wrongly furnished may be rectified now in Table 9A – Amended B2B Invoices and B2C Large Invoices.

The Credit Notes and Debit Notes details can be amended in Table 9C – Amended Credit /Debit Notes (Registered) and (Unregistered).

Corrections if any can be made in 9A – Amended Exports Invoices.

When corrections are made on the above tables necessary corrections must be made Table 10 – Amended B2C (Others) and if there is any amount due to the Government to be paid the difference of GST amount may be paid along with the interest applicable.

HOW TO RECTIFY ERRORS

Please login in the GST Portal by entering the Username and Password and click Return Dashboard and click File Returns.

Prepare the details of outward supplies in Table 4 for the month of September 2018 as usual.

Then add the correct invoices details of B2B in Table 9 by choosing relevant month

There are 5 Invoice Levels.

9A - Amended B2B Invoices,
9A - Amended B2C (Large) Invoices,
9A - Amended Exports Invoices,
9C - Amended Credit/Debit Notes (Registered)
9C - Amended Credit/Debit Notes (Unregistered).

In Table 9A, Amended B2B invoices details may be added or modified for earlier periods i.e. from July 2017 onwards if there are any omissions or mistakes in GSTIN number and Recipient’s details and taxable value and tax rates etc. (which will allow the recipient to avail Input Tax Credit) with necessary corrections in Table 10 and the same procedure will be applicable for 9B and 9C.

Similarly if any B2B invoices were disclosed in B2C at the time of original filing of GST returns for the period from 1.7.2017, the same turnover may be disclosed in Table 9 and necessary corrections may be made by mentioning the Bill Number and Date, Turnover details and tax details by choosing the relevant month. 

If the B2C turnover details are taken to B2B Add Details Table, necessary turnover and tax amount has to be deducted in Table 10.

If the recipient of goods or services has already taken action on the invoices like Accepted or Modified the supplier of goods or services or both cannot amend the same invoices now.

Now choose Year and Month and select Point of Sale (Name of the State/Union Territory) from the drop down menu and then click Amend Details.

A new window B2C - Amend Details window will be available.

In the new window select Original Point of Sale from the Drop down Menu and then check rate of details and click back button. Now in the new window select year and month and Original Point of Sale and click back button and in the new window furnish Invoice Number details and then click Amend Invoice.

Now in the new window make corrections by furnishing details under Receiver GSTIN/UIN, Received/Original Invoice Date, Receiver Name, Revised Invoice No., Total Invoice Value Revised Date and Point of sale details and Total Invoice Value and then choose the rate of GST and furnish turnover details and then click Save Button.

The Revised Invoice Date must be within the last date of the same month.

The wrongly furnished Point of Sale i.e. Name of the State and wrongly furnished rate of tax details can be amended.

In the Summary there will be four columns like uploaded by Taxpayer, Uploaded by receiver, Amended by Receiver, Rejected by Receiver.   Amendments can be made only in Uploaded by Taxpayer if not done by recipients.

While making corrections in Tab les 9A, 9B and 9C the relevant details must be amended in Table 10.

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