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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, September 28, 2019

List of GST Forms prescribed for taxpayers and tax officials as on 27.9.2019

LIST OF GST FORMS AND RETURNS AVAILABLE FOR BOTH TAXPAYERS AND TAX OFFICIALS


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

Under Goods and Services Tax Act, 2017 there are 167 Forms prescribed as on 25.9.2019 for the purpose of registration of taxpayers, filing of returns and payment of taxes by taxpayers, getting refunds from tax department, assessment proceedings, filing of appeals, getting clarifications under Advance Ruling, opting to pay tax under composition schemes, applying for enrolment as Goods and Services Tax Practitioners, e-way bills, compounding, enforcement wing and transistion

https://abhivirthi.blogspot.com/2019/09/list-of-gst-forms-prescribed-for.html


The above 167 forms were to be used by the taxpayers and by the tax officials.

FORM
HEADING
TOTAL
FORMS
APPLICABLE
FOR
TAXPAYERS
APPLICABLE
FOR
TAX OFFICIALS
Registration
28
13
15
Returns
17
17
0
Payments
7
7
0
Refund
13
5
8
Assessment
17
6
11
Input Tax Credit
4
4
0
Demand and
Recovery
25
4
21
Appeal
5
1
4
Advance Ruling
3
3
0
Composition
8
6
2
GST Practitioner
7
3
4
E-Way Bill
4
4
0
Compounding
2
1
1
Enforcement
16
1
15
Transition Forms
3
3
0


As there are more numbers of forms the heading of Forms and used by whom were released and the same is given below for ready reference and also for choosing purpose:
















  Online processing of refund applications and single authority disbursement implemented

The online processing of refund applications and single authority disbursement has been implemented with effect from 27.9.2019. The taxpayers are advised to take note of the following changes:
·       Refund applications filed by the taxpayers in RFD-01 form shall be processed electronically/ online by the tax-officer and all communications between the tax officers and the taxpayers shall take place electronically.
·       Refund amount shall be disbursed by accredited bank of Central Board of Indirect Taxes and Customs (CBIC) through the Public Financial Management System (PFMS) after bank account validation.


Online refund processing and single authority disbursement : Advisory for taxpayers


The online processing of refund applications and single authority disbursement has been implemented. The taxpayers are advised to take note of the following changes:  

1.  Refund applications filed by the taxpayers in RFD-01 form shall be processed electronically/ online by the tax-ocer and all communications between the tax ocers and the taxpayers shall take place electronically.  


2.  Refund amount shall be disbursed by accredited bank of Central Board of Indirect Taxes and Customs (CBIC) through the
Public Financial Management  System (PFMS) after bank account validation.  


The details of changes in various forms are illustrated below in the tables:  

Form
RFD-01
Description
Refund Application
Action by
Taxpayer
Previous Processing Workflow
The taxpayers were filling refund application in form RFD-01A online.
Electronic/ Online Processing
The RFD-01A form has been disabled on the portal.

The taxpayer shall be able to file his refund application in form RFD-01 now.

However, the taxpayer shall be able to view the status of RFD-01A
applications also along with the new ones.

The bank account details mentioned in the refund application shall be validated by PFMS after filing of RFD-01. The taxpayers must ensure that the bank account details selected in the refund application are valid and correct.

The taxpayer will need to change/ edit the bank account details (through non-core amendment in registration in REG-14) if there is failure of bank account validation by PFMS. After performing this step, the taxpayer needs to enter the updated bank account by clicking on
‘Update Bank Account’ functionality provided with the ARN of the refund application.

The taxpayer shall be able to view the status of bank account validation on his dashboard. It will also be communicated through e-mail/ SMS.


Form
RFD-02
Description
Acknowledgement
Action by
Tax Ocer
Previous Processing Workflow
The tax ocer issued RFD-02 manually.
Electronic Processing
The tax ocer shall issue RFD-02 electronically to the taxpayer.

The taxpayer shall be able to view the acknowledgement in RFD-02 on his dashboard.

The taxpayer will also receive communication through email and SMS.


Form
RFD-03
Description
Deficiency Memo
Action by
Tax Ocer
Previous Processing Workflow
The tax ocer issued RFD-03 manually and there was no auto recredit
of ITC/cash.


Electronic Processing                               The tax ocer shall issue RFD-03 electronically to the taxpayer.

With the issuance of RFD-03, the ITC/ cash will get recredited to the electronic credit/ cash ledger of the taxpayer.

The taxpayer shall be able to view the deficiency memo in RFD-03 on his dashboard.

Once RFD-03 has been issued against an ARN, the taxpayer is required to file a fresh refund application.

The taxpayer will receive communication through email and SMS.



Form
RFD-04
Description
Provisional Refund Order
Action by
Tax Ocer
Previous Processing Workflow
The tax ocer issued RFD-04 manually.
Electronic Processing
The tax ocer shall issue RFD-04 electronically to the taxpayer.

The taxpayer shall be able to view the provisional sanction order in
RFD-04 on his dashboard.

The taxpayer will receive communication through email and SMS.


Form
RFD-05
Description
Payment Order
Action by
Tax Ocer
Previous Processing Workflow
The tax ocer issued RFD-05 manually and sent a copy to the central
nodal authority and state AAs respectively for disbursement.
Electronic Processing
The tax ocer shall issue RFD-05 electronically to the taxpayer. The tax ocer is not required to send the copy of RFD-05 to the central
nodal authority and state AAs.

The taxpayer shall be able to view the payment order in RFD-05 on his dashboard.

The bank account details mentioned in the refund application shall be validated by PFMS after issuance of RFD-05 by the tax-ocer.

The taxpayer will need to change/ edit the bank account details (through non-core amendment in registration in REG-14) if there is failure of bank account validation by PFMS. After performing this step, the taxpayer needs to enter the updated bank account by clicking on
‘Update Bank Account’ functionality provided with the ARN of the refund application.

The taxpayer shall be able to view the status of bank account validation and disbursement on his dashboard.

The taxpayer will receive communication through email and SMS.


Form
RFD-06
Description
Final Refund Sanction/ Rejection Order
Action by
Tax Ocer
Previous Processing Workflow
The tax ocer issued RFD-06 manually.



Electronic Processing
The tax ocer shall issue RFD-06 electronically to the taxpayer.

The taxpayer shall be able to view the final sanction/ rejection order in
RFD-06 on his dashboard.
Form
RFD-7B
Description
Withholding Order
Action by
Tax Ocer
Previous Processing Workflow
The tax ocer issued RFD-07B manually.
Electronic Processing
The tax ocer shall issue RFD-07B electronically to the taxpayer.

The taxpayer shall be able to view the withhold order in RFD-07B on his dashboard.

The taxpayer will receive communication through email and SMS.



Form
RFD-08
Description
Show Cause Notice
Action by
Tax Ocer
Previous Processing Workflow
The tax ocer issued RFD-08 manually.
Electronic Processing
The tax ocer shall issue RFD-08 electronically to the taxpayer.

The taxpayer shall be able to view the show cause notice in RFD-08 on his dashboard.

The taxpayer is expected to give reply to the SCN within 15 days of receipt of the SCN. If the taxpayer doesnt respond within 15 days of
the issuance of SCN, the tax ocer can take action on the refund
application.

The taxpayer will receive communication through email and SMS.



Form
RFD-09
Description
Reply to Show Cause Notice by the Taxpayer
Action by
Taxpayer
Previous Processing Workflow

The taxpayers were submitting reply to the show cause notice manually to the tax ocer.
Electronic Processing
The taxpayer is required to reply the SCN electronically/online in
RFD-09 form which would be available on his dashboard.

The taxpayer shall be able to reply to the SCN and upload supporting documents electronically through RFD-09.

The tax ocer may not process the reply to the SCN if not given electronically in RFD-09 by the taxpayer.



Form
PMT-03
Description
Order for Recredit of Rejected Amount
Action by
Tax Ocer
Previous Processing Workflow
The tax ocer uploaded the refund order details in RFD-01B and then
the ITC got recredited to the taxpayers ITC ledger.











The taxpayer will receive communication through email and SMS.
 
3


Electronic Processing                               The tax ocer shall issue PMT-03 electronically.

With the issuance of PMT-03, the inadmissible ITC shall get recredited to the electronic credit ledger of the taxpayer automatically.

The taxpayer is required to give an undertaking that he will not file an appeal against the refund order if he/she desires to get a recredit of the
rejected amount. This undertaking has to be submitted to the tax ocer
manually.

The taxpayer shall be able to view the recredit order in PMT-03 on his dashboard.





























































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