Form 10 is filed as an application for the registration of a religious charity/trust/institution, as per Section 12AA of the Income-tax Act, 1961 A taxpayer whose GST registration has either been cancelled or surrendered is required to file GSTR-10.
Form 10 is filed as an application for the registration of a religious charity/trust/institution, as per Section 12AA of the Income-tax Act, 1961
A taxpayer whose GST registration has either been cancelled or surrendered is required to file GSTR-10.
GSTR-9 is the annual return to be filed by taxpayers registered under the GST. It is to be filed by 31st December of the year following the relevant financial year, as per the GST law.
GSTR-9 is the annual return to be filed by taxpayers registered under the GST. It is to be filed by 31st December of the year following the relevant financial year, as per the GST law.
The late fee has been rationalised for the future tax periods in case of GSTR-3B, as follows: In case of nil GSTR-3B filing, the maximum late fee charged shall be limit to Rs.500 per return (i.e Rs. 250/- each for CGST & SGST). In GSTR-1 and GSTR-3B other than nil filing, maximum late fee is fixRead more
The late fee has been rationalised for the future tax periods in case of GSTR-3B, as follows:
In case of nil GSTR-3B filing, the maximum late fee charged shall be limit to Rs.500 per return (i.e Rs. 250/- each for CGST & SGST).
In GSTR-1 and GSTR-3B other than nil filing, maximum late fee is fixed based on the annual turnover slab, as follows:
If, in the previous financial year, the annual turnover is upto Rs.1.5 crore, then the late fee of maximum Rs 2,000 per return can be charged (i.e Rs.1000 each for CGST and SGST).
If the turnover ranges between Rs.1.5 crore and Rs.5 crore then the maximum late fee of Rs.5,000 per return can be charged (i.e Rs. 2500 each for CGST and SGST).
If the turnover is more than Rs.5 crore then late fee of maximum Rs.10,000 (i.e Rs. 5000 per CGST and SGST) can only be charged.
Form GSTR-7A is a system generated TDS Certificate which is generated once the deductor furnishes a return in Form GSTR-7 on the GST Portal and the deductee accepts the details uploaded by deductor and files his return under GST. This TDS Certificate will be available for the Deductor and Deductee aRead more
Form GSTR-7A is a system generated TDS Certificate which is generated once the deductor furnishes a return in Form GSTR-7 on the GST Portal and the deductee accepts the details uploaded by deductor and files his return under GST. This TDS Certificate will be available for the Deductor and Deductee as well.
To download the TDS certificate, access the http://www.gst.gov.in URL. Login to the GST Portal with valid credentials. Navigate to Services > User Services > View/Download Certificates option.
GST return is a form that a taxpayer registered under the Goods and Services Tax (GST) law must file for every GSTIN that he is registered. There are 22 types of GST returns in total prescribed under the GST Rules, out of them, only 11 GST returns are active, 3 are suspended, and 8 are view-only inRead more
GST return is a form that a taxpayer registered under the Goods and Services Tax (GST) law must file for every GSTIN that he is registered. There are 22 types of GST returns in total prescribed under the GST Rules, out of them, only 11 GST returns are active, 3 are suspended, and 8 are view-only in nature.
GSTR-9 is an annual return to be filed by all the registered taxpayers under the GST except a handful. It is an annual compilation of outward supplies, inward supplies, tax liability and input tax credit availed during the financial year. It is to be filed by 31 December of the year following the paRead more
GSTR-9 is an annual return to be filed by all the registered taxpayers under the GST except a handful. It is an annual compilation of outward supplies, inward supplies, tax liability and input tax credit availed during the financial year. It is to be filed by 31 December of the year following the particular financial year.
Every registered person whose aggregate turnover during a financial year exceeds 2 Cr. rupees shall get his accounts audited as specified under sub-section (5) of section 35 of the CGST Act, 2017. They shall furnish a copy of the audited annual accounts and a statement of reconciliation, duly certifRead more
Every registered person whose aggregate turnover during a financial year exceeds 2 Cr. rupees shall get his accounts audited as specified under sub-section (5) of section 35 of the CGST Act, 2017. They shall furnish a copy of the audited annual accounts and a statement of reconciliation, duly certified, in form GSTR-9C.
Step 1: Login and navigate to GSTR-9 Login to GST Portal and go to ‘Returns Dashboard’ and click ‘Annual Return’. Select the ‘Financial Year’ on the ‘File Annual Returns’ page. An important message will pop up detailing the steps to be performed for the Online/Offline filing of GSTR-9. ClickRead more
Step 1: Login and navigate to GSTR-9 Login to GST Portal and go to ‘Returns Dashboard’ and click ‘Annual Return’.
Select the ‘Financial Year’ on the ‘File Annual Returns’ page. An important message will pop up detailing the steps to be performed for the Online/Offline filing of GSTR-9. Click ‘Prepare Online’.
Step 2: Answer a questionnaire to choose between a NIL return or an annual return with data
Choose whether you want to file Nil return for the financial year by clicking ‘Yes’ or ‘No’. Select ‘Yes’ only if all of the below criteria are satisfied.
>No outward supply
>There is no receipt of goods/services
>No other liability to report
>Not claimed any credit
>No refund claimed
>No demand order received
>Late fees not required to be paid
If you choose ‘Yes’ to file NIL returns, then click on ‘Next’ to Compute Liabilities and file a NIL GSTR-9.
If you choose ‘No’ to NIL returns, click on ‘Next’, a page ‘GSTR-9 Annual Return for normal taxpayers’ is displayed. It will contain various tiles for which details must be filled.
Click on all the three tabs to download GSTR- 9 System Computed Summary, GSTR-1 Summary, GSTR-3B Summary
Step 3: Enter requisite details in various tables for the financial year
Tile: Details of advances, inward and outward supplies made during the financial year on which tax is payable- Table 4N
Click on the tile. The details will be auto-populated on the basis of information provided in GSTR-1 and GSTR-3B.
Edit the cells or enter the tax values. If the details vary +/- 20% from the auto-populated details then the cells will be highlighted and a confirmation message will pop up asking if you want to proceed despite deviation.
Click ‘Yes’ to accept the details.
A confirmation will pop up displaying ‘Save request is accepted successfully’.
Go back to the ‘GSTR-9 Dashboard’. The 4N tile will be updated. Similarly, for the rest of the tables mentioned below, fill in the required information and follow the same steps to save the data:
>Details of outward supplies made during the financial year on which tax is not payable- Table (5M)
>ITC availed details during the financial year – Table 6(O)
>Details of ITC reversed and Ineligible ITC for the financial year – Table 7(I)
>Other ITC related information – Table 8(A)
>Details of tax paid as declared in returns filed during the financial year –Table 9
>Details of the previous Financial Year’s transactions reported in the next Financial Year – Table 10, 11, 12 & 13
>Differential tax paid on account of declaration- Table 10 & 11
>Particulars of Demands and Refunds- Table 15
>Supplies received from Composition taxpayers, deemed supply by job worker and goods sent on approval basis –Table 16
>HSN wise summary of Outward Supplies- Table 17
>HSN wise summary of Inward Supplies –Table 18
Step 4: Preview draft GSTR-9 in excel or PDF format, a taxpayer can preview the form in PDF/Excel format
Step 5: Compute liabilities and late fees
On clicking compute liabilities, GST portal will process all the details provided in various tables. It also calculates late fees if there is a delay in filing return. After some time a confirmation message will be displayed for you to proceed with filing. The taxpayer can make the payment from the funds available in the electronic cash ledger. In case, the funds are low in the cash ledger the additional payment can be made via Netbanking, over the counter or via NEFT/RTGS by creating an additional payment challan.
Step 6: Proceed to file GSTR-9
>Select the declaration check box and then select the ‘Authorised Signatory’.
>Click ‘File GSTR-9’.
>A page will be displayed for Submitting Application with two options for filing.
>File with DSC: Taxpayer has to browse and select the certificate. Sign and submit.
>File with EVC: An OTP will be sent to the registered email ID and mobile number. Validate the OTP. Upon successful validation, the status of the return changes to ‘Filed’.
The late fees for not filing the GSTR 9 within the due date is hundre rupees per day, per act. That means late fees of Rs 100 under CGST and Rs 100 under SGST will be applicable in case of delay in filing the return. Thus, the total liability is Rs 200 per day of default. This is subject to a maximuRead more
The late fees for not filing the GSTR 9 within the due date is hundre rupees per day, per act. That means late fees of Rs 100 under CGST and Rs 100 under SGST will be applicable in case of delay in filing the return.
Thus, the total liability is Rs 200 per day of default. This is subject to a maximum of 0.25% of the turnover in the relevant state or union territory. However, there is no late fee on IGST yet.
When Form 10 is required to be filed?
Form 10 is filed as an application for the registration of a religious charity/trust/institution, as per Section 12AA of the Income-tax Act, 1961 A taxpayer whose GST registration has either been cancelled or surrendered is required to file GSTR-10.
Form 10 is filed as an application for the registration of a religious charity/trust/institution, as per Section 12AA of the Income-tax Act, 1961
See lessA taxpayer whose GST registration has either been cancelled or surrendered is required to file GSTR-10.
Which form is used for filing annual return?
GSTR-9 is the annual return to be filed by taxpayers registered under the GST. It is to be filed by 31st December of the year following the relevant financial year, as per the GST law.
GSTR-9 is the annual return to be filed by taxpayers registered under the GST. It is to be filed by 31st December of the year following the relevant financial year, as per the GST law.
See lessHow are GSTR 3B late fees calculated?
The late fee has been rationalised for the future tax periods in case of GSTR-3B, as follows: In case of nil GSTR-3B filing, the maximum late fee charged shall be limit to Rs.500 per return (i.e Rs. 250/- each for CGST & SGST). In GSTR-1 and GSTR-3B other than nil filing, maximum late fee is fixRead more
The late fee has been rationalised for the future tax periods in case of GSTR-3B, as follows:
See lessIn case of nil GSTR-3B filing, the maximum late fee charged shall be limit to Rs.500 per return (i.e Rs. 250/- each for CGST & SGST).
In GSTR-1 and GSTR-3B other than nil filing, maximum late fee is fixed based on the annual turnover slab, as follows:
If, in the previous financial year, the annual turnover is upto Rs.1.5 crore, then the late fee of maximum Rs 2,000 per return can be charged (i.e Rs.1000 each for CGST and SGST).
If the turnover ranges between Rs.1.5 crore and Rs.5 crore then the maximum late fee of Rs.5,000 per return can be charged (i.e Rs. 2500 each for CGST and SGST).
If the turnover is more than Rs.5 crore then late fee of maximum Rs.10,000 (i.e Rs. 5000 per CGST and SGST) can only be charged.
How do I accept GSTR-7A?
Form GSTR-7A is a system generated TDS Certificate which is generated once the deductor furnishes a return in Form GSTR-7 on the GST Portal and the deductee accepts the details uploaded by deductor and files his return under GST. This TDS Certificate will be available for the Deductor and Deductee aRead more
Form GSTR-7A is a system generated TDS Certificate which is generated once the deductor furnishes a return in Form GSTR-7 on the GST Portal and the deductee accepts the details uploaded by deductor and files his return under GST. This TDS Certificate will be available for the Deductor and Deductee as well.
See lessTo download the TDS certificate, access the http://www.gst.gov.in URL. Login to the GST Portal with valid credentials. Navigate to Services > User Services > View/Download Certificates option.
How many GSTR are there?
GST return is a form that a taxpayer registered under the Goods and Services Tax (GST) law must file for every GSTIN that he is registered. There are 22 types of GST returns in total prescribed under the GST Rules, out of them, only 11 GST returns are active, 3 are suspended, and 8 are view-only inRead more
GST return is a form that a taxpayer registered under the Goods and Services Tax (GST) law must file for every GSTIN that he is registered. There are 22 types of GST returns in total prescribed under the GST Rules, out of them, only 11 GST returns are active, 3 are suspended, and 8 are view-only in nature.
See lessWho is eligible for GST annual return?
GSTR-9 is an annual return to be filed by all the registered taxpayers under the GST except a handful. It is an annual compilation of outward supplies, inward supplies, tax liability and input tax credit availed during the financial year. It is to be filed by 31 December of the year following the paRead more
GSTR-9 is an annual return to be filed by all the registered taxpayers under the GST except a handful. It is an annual compilation of outward supplies, inward supplies, tax liability and input tax credit availed during the financial year. It is to be filed by 31 December of the year following the particular financial year.
See lessWho can file GSTR 9C?
Every registered person whose aggregate turnover during a financial year exceeds 2 Cr. rupees shall get his accounts audited as specified under sub-section (5) of section 35 of the CGST Act, 2017. They shall furnish a copy of the audited annual accounts and a statement of reconciliation, duly certifRead more
Every registered person whose aggregate turnover during a financial year exceeds 2 Cr. rupees shall get his accounts audited as specified under sub-section (5) of section 35 of the CGST Act, 2017. They shall furnish a copy of the audited annual accounts and a statement of reconciliation, duly certified, in form GSTR-9C.
See lessWhat is the penalty for GST late payment?
Late filing of returns under GST attracts penalty called late fee. The late fee is Rs. 100 per day per GST Act.
Late filing of returns under GST attracts penalty called late fee. The late fee is Rs. 100 per day per GST Act.
See lessHow do I file my GSTR 9 online?
Step 1: Login and navigate to GSTR-9 Login to GST Portal and go to ‘Returns Dashboard’ and click ‘Annual Return’. Select the ‘Financial Year’ on the ‘File Annual Returns’ page. An important message will pop up detailing the steps to be performed for the Online/Offline filing of GSTR-9. ClickRead more
Step 1: Login and navigate to GSTR-9 Login to GST Portal and go to ‘Returns Dashboard’ and click ‘Annual Return’.
Select the ‘Financial Year’ on the ‘File Annual Returns’ page. An important message will pop up detailing the steps to be performed for the Online/Offline filing of GSTR-9. Click ‘Prepare Online’.
Step 2: Answer a questionnaire to choose between a NIL return or an annual return with data
Choose whether you want to file Nil return for the financial year by clicking ‘Yes’ or ‘No’. Select ‘Yes’ only if all of the below criteria are satisfied.
>No outward supply
>There is no receipt of goods/services
>No other liability to report
>Not claimed any credit
>No refund claimed
>No demand order received
>Late fees not required to be paid
If you choose ‘Yes’ to file NIL returns, then click on ‘Next’ to Compute Liabilities and file a NIL GSTR-9.
If you choose ‘No’ to NIL returns, click on ‘Next’, a page ‘GSTR-9 Annual Return for normal taxpayers’ is displayed. It will contain various tiles for which details must be filled.
Click on all the three tabs to download GSTR- 9 System Computed Summary, GSTR-1 Summary, GSTR-3B Summary
Step 3: Enter requisite details in various tables for the financial year
Tile: Details of advances, inward and outward supplies made during the financial year on which tax is payable- Table 4N
Click on the tile. The details will be auto-populated on the basis of information provided in GSTR-1 and GSTR-3B.
Edit the cells or enter the tax values. If the details vary +/- 20% from the auto-populated details then the cells will be highlighted and a confirmation message will pop up asking if you want to proceed despite deviation.
Click ‘Yes’ to accept the details.
A confirmation will pop up displaying ‘Save request is accepted successfully’.
Go back to the ‘GSTR-9 Dashboard’. The 4N tile will be updated. Similarly, for the rest of the tables mentioned below, fill in the required information and follow the same steps to save the data:
>Details of outward supplies made during the financial year on which tax is not payable- Table (5M)
>ITC availed details during the financial year – Table 6(O)
>Details of ITC reversed and Ineligible ITC for the financial year – Table 7(I)
>Other ITC related information – Table 8(A)
>Details of tax paid as declared in returns filed during the financial year –Table 9
>Details of the previous Financial Year’s transactions reported in the next Financial Year – Table 10, 11, 12 & 13
>Differential tax paid on account of declaration- Table 10 & 11
>Particulars of Demands and Refunds- Table 15
>Supplies received from Composition taxpayers, deemed supply by job worker and goods sent on approval basis –Table 16
>HSN wise summary of Outward Supplies- Table 17
>HSN wise summary of Inward Supplies –Table 18
Step 4: Preview draft GSTR-9 in excel or PDF format, a taxpayer can preview the form in PDF/Excel format
Step 5: Compute liabilities and late fees
On clicking compute liabilities, GST portal will process all the details provided in various tables. It also calculates late fees if there is a delay in filing return. After some time a confirmation message will be displayed for you to proceed with filing. The taxpayer can make the payment from the funds available in the electronic cash ledger. In case, the funds are low in the cash ledger the additional payment can be made via Netbanking, over the counter or via NEFT/RTGS by creating an additional payment challan.
Step 6: Proceed to file GSTR-9
See less>Select the declaration check box and then select the ‘Authorised Signatory’.
>Click ‘File GSTR-9’.
>A page will be displayed for Submitting Application with two options for filing.
>File with DSC: Taxpayer has to browse and select the certificate. Sign and submit.
>File with EVC: An OTP will be sent to the registered email ID and mobile number. Validate the OTP. Upon successful validation, the status of the return changes to ‘Filed’.
What if GSTR 9 is not filed?
The late fees for not filing the GSTR 9 within the due date is hundre rupees per day, per act. That means late fees of Rs 100 under CGST and Rs 100 under SGST will be applicable in case of delay in filing the return. Thus, the total liability is Rs 200 per day of default. This is subject to a maximuRead more
The late fees for not filing the GSTR 9 within the due date is hundre rupees per day, per act. That means late fees of Rs 100 under CGST and Rs 100 under SGST will be applicable in case of delay in filing the return.
See lessThus, the total liability is Rs 200 per day of default. This is subject to a maximum of 0.25% of the turnover in the relevant state or union territory. However, there is no late fee on IGST yet.