Hey all,

This is Ravi, and today, I will let you know the new changes in column number 12 in the GST Portal.

What is Table Number 12 in the GST?

In Table number 12, businesses report the HSN-wise (Harmonized System Nomenclature) summary of the outward supplies. This entails providing details of invoices issued during the reporting period.

Changes in the table no. 12?

In Table No. 12 of the GST Portal, we have to enter the HSN-wise details based on our records. Previously, we manually entered all the details of our invoices in Table No. 12. However, after the implementation of new changes in Table No. 12 of GST, we now simply need to click on the “Import HSN wise summary from e-invoice” button. Upon clicking this button, our HSN details will automatically import from the e-invoice portal and populate Table No. 12 of the GST return form.

Note Point***

• Don’t enter the HSN-wise details manually, if you enter your HSN-wise data manually first, and then you click on the import HSN-wise data after that your all the data will be removed from table no12 of the GST. Once imported, verify that the records match your data. If all records align, proceed to save the data. However, if any discrepancies arise where the HSN data does not match your records, make necessary manual adjustments.

Thanks,

Hey all,

Welcome to my blog! Here, I’ll guide you on the process of a GSTR-1 filling error solution Stay tuned for step-by-step instructions and helpful tips to make your GSTR-1 filling seamlessly. Let’s make the GST process smoother together!

Now, when you fill out GSTR-1, a new popup message appears. This is because many taxpayers are claiming extra credit when filling out GSTR-3B. The GST department has sent a message to all taxpayers, instructing them to pay the extra credit amount before filing GSTR-1. To do this, you can use DRC-01C to make the payment.

Why DRC-01C message is showing on the Dashboard?

This is a form of grievance and by using this form you can able to pay your extra credit amount, So would you pay the extra credit amount? because You took an extra credit amount when you furnished your GSTR-3B form the GSTR-2B.

How to see the mismatch for this error?

If you want to see why this message is showing on your dashboard you just do some small steps.

Click on the “services button” -> After that, go to the “Return section”, and in the Return section you can see the “Tax liabilities and ITC comparison” button then click on it after that you can see your GSTR-1, 3B, and GSTR-2B mismatch and also you can see the ITC details here.

Here I am explaining how to send the grievance through the DRC-01C.

A. After logging into the GST portal, please click on the “Services button” and go to the “Returns button” Under the return section you can see the “Return compliance button” then click on it.

B. After clicking on this button you will be moved to the DRC-01C tab and in this section, you can able to send your request letter to the GST department. Also, there are two columns

1 . Liabilities Mismatch DRC-01B – When your GSTR-1 and GSTR-3 data will not match then the Government will send you a DRC-01B notice for the solution

2. ITC Mismatch DRC-01C – When you are taking extra credit during the filing of GSTR-3B from the GSTR-2B then you need to pay the extra credit amount through the DRC-01C form.

C. After that, you have to click on the “DRC-01C tab” and you can see the latter then click on it.

D. After clicking on it, you can see the different structures between the GSTR-2B and GSTR-3B.

E. If, you would have to pay the extra credit amount you can use the DRC-03 form to pay your Liabilities.

F. After the payment of your liabilities, please go to the DRC-01C tab enter the ARN number and click on the validate button.

G. After clicking on the Validate button all the details will show on the Dashboard on the downside, So after seeing your details please click on the DRC-03 button and validate your transaction.

H. If there is an adjustment issue for this notice then, please select the adjustment reason, attach your supporting documents, tick on the declaration option then click on the save button. After clicking on the save button, the DRC-01C button will be enabled to use then click on this button and submit your request to the GST department so that, the department will notify you shortly.

I. After that, your preview will be showing on your Dashboard so you can check the details from the preview draft.

J. After that you will receive the payment completed message on your DRC-01C dashboard.

Thanks,

Hey All,

In this tutorial, I will let you know the steps to amend credit and debit notes in a simple way.

Let’s begin,

If you made a mistake in credit and debit notes by entering any of the columns, then don’t worry, and be ready to correct your mistake in just a simple way.

Here are the steps to do the correction on credit and debit notes.

Step1. Please go to the GST portal through this link – https://www.gst.gov.in/

Step2. Login to the GST portal by entering your correct ID and Password.

Step3. After that, please click on the Continue to Dashboard button.

Step4. Please click on the file returns button.

Step5. Select your period and click on the search button.

Step6. After clicking on the search button, please click on the amend record details button.

Step7. After that, you can see the amended column number – 9C of the registered person. then please click on it.

Step8. Then please select the financial year and enter your credit/debit note number lastly please click on the amend record button.

Step9. After that, Please enter all the details into the given column & select the note type and click on the save button.

Step10. After completing all these steps your credit note will be amended.

Thanks,

Hi Friends,

Today I will let you know how to set off the tax amount with the help of the Make payment/post credit to ledger option.

What is GST?

GST stands for Goods and Services Tax. It is a comprehensive indirect tax levied on the supply of goods and services in many countries around the world. GST is designed to replace multiple cascading taxes that were previously imposed, such as value-added tax (VAT), central excise duty, and service tax.

The main objective of implementing GST is to create a unified and simplified tax system that eliminates the complexities and inefficiencies of the previous tax structure. By doing so, it aims to streamline the tax collection process, promote ease of doing business, and reduce tax evasion.

Under the GST regime, all types of goods and services are classified into different tax rates, commonly referred to as tax slabs. These tax slabs may vary from country to country but usually include multiple rates, such as a standard rate, a reduced rate, and sometimes a zero rate for essential items. The rates are applied at each stage of the supply chain, allowing for the input tax credits to be claimed by businesses for taxes paid on their purchases.

Steps to pay the tax from make payment/post the credit to ledger option.

• After login to the GST dashboard please click on the GSTR-3B option.

• After that do scroll down and you can the proceed to payment option and then click on it.

• After clicking on it you have an option i.e. Make Payment/Credit to Ledger then click on this option.

• After clicking on this option you will have to appear an option then click on the yes button.

• After clicking on the yes button an offset message will appear in your dashboard then click on the ok button.

• After that, please click on the Proceed to File button.

• And now please attach your DSC and do the file return of GSTR-3B.

Thanks,

This is a new annousment from the GST departement. many people have not filed their returns of GST, he has taken registration only for their own use they are not following the compliance of GST.

During the physical verification process, GST officers may visit the business premises to confirm the physical existence of the business and its operations. They may check the business premises for compliance with GST laws and regulations, including the maintenance of proper books of accounts, invoices, and other related documents.

What are the documents to be required at the time of the GST verification?

When the GST officials are visiting your shop, you need to protect yourself first, and after that, you need to show your GST registration details along with your books of account.

List of required documents:

• GST Certificate.
• Books of accounts.
• Sign board with the GST details.
• GST returns (GSTR-1, GSTR-3B and etc)
• Sales and purchase summary.
• Additional place of business.
• PAN and Aadhar checking.

So, you have to prepare all these kinds of stuff very quickly, because many frode peoples are using fraud GST registration for doing their all work.

*****Note Point – The GST officers will visit your shop from 16th May 2023 to 15th July 2023

Thanks,

This is Ravi Kumar and today I am gonna show you the basic points about the GSTIN holders

Let’s begin,

• GST or goods and Service Tax is an indirect taxation device in India. With the reason of 1 country and One Tax, GST has come to be broadly popular and applicable across our country. but, similar to the two aspects of a coin, GST has both advantages and downsides. it’s essential vital for each entrepreneur to realize approximately the benefits and losses of GST.

• If anyone got the registration under the GST and you have the GSTIN number of Delhi because you are carrying your business from Delhi. You are filling your GST returns and ITR returns on the basis of Delhi’s business activities.

• And now you are thinking that you want to open another office for carrying your business in a different location and you don’t want to change the nature of your business.

• So, it is mandatory to take the registration under the GST and run your business very smoothly and take all the advantages of the government because the government has given many advantages for registration under the GST.

• *****Note point – You can opt for different GSTIN registration with your single PAN card.

Advantages of registration under the GST.

• GST reduces the number of indirect taxes – This means there are many indirect taxes was happened before the coming of GST like VAT, excise duty, service tax, customs duty and etc. but after coming to GST in India he destroyed all the indirect taxes.
• Online GST registration – If you think that you would start a business then you don’t need to waste your time for thinking of registration. You can take your GST registration by online way within a few minutes.
• The number of GST compliances is very less – If you have taken the registration under the GST after that, a few compliances are mandatory to file the GST returns every month.
• Threshold limit – The threshold limit of GST Registration is quite high i.e. Rs. forty lakhs annual turnover or Rs. twenty lakhs annual turnover for special states under GST.
• ITC – You can claim Input Tax Credit easily after filing the GSTR-1.
• Tax evasion – It is easy to detect tax evasion under GST Registration.
• Composition scheme – It offers a composition scheme to pay taxes at a fixed rate and decrease the tax legal responsibility and tax rates.
• GSTIN Value – It provides a single GSTIN that can be used for all the aspects of GST.
• Reduce the cascading effects – After coming to the GST in India, he reduced the tax on tax effects.
• Different Tax Compliances – The GST has different types of compliances for the GSTIN holders if your turnover is up to 1.5 Crores go and opt CUMP scheme, If your turnover is up to Rs. 2.5 crores go and opt QRMP scheme, and if your turnover is more than 5 crores go and opt normal scheme.
• TAX – One nation one tax.

Disadvantages of registration under the GST

• Operational costs – The GST has increased the business costs for supplying goods, products, and services.
• SMS for verification and paying taxes – Many SMEs are still hesitant to do online transactions and pay taxes online.
• Late fee – If you have filed your GST returns after the due date then you have to pay late fees for this.
• Interest – If you have filed your GST compliances after the due date then you need to pay the interest amount for the delay of your filing.
• Invoice – It is mandatory to create an invoice for any supplies.
• e-Invoice – If your turnover is more than 10 crores you need to generate your invoice through the e-invoicing process.
• Difficulty in remote areas – It is still difficult for businesses in remote areas to enroll under GST.
• Compliances of filling in GST – Without filling your GST return you can’t generate your e-way bill

CASE- 2

If you have 2 GSTIN numbers in a single PAN card so how many compliances did you do?

• GST registration – You have to get different GST registration for both working places with a single PAN card.
• GST filling – You need to file the GSTR-1, and GSTR-3B every month, and it has to be mandatory to do your other annual compliances for both GSTINs every year.
• ITR – Only one ITR would be filed for both GSTINs because you have used a single PAN for the GST registration.
• Benefits – You can take all the benefits which are provided by the government under the GST, and you can get your ITC from your clients.
• Place of supply – You can do your supplies according to your GSTIN state without any issues.
• Taxes – Every month paid taxes for both GSTIN.
• Transfer Tax – You can transfer your supply according to your GSTIN.
• Bookkeeping – You would have to do different bookkeeping for your different GSTINs.
• Auditing – You have to generate both the GSTIN audit report according to your GST supplies
• CA fees – It depends on your CA how much fees he would be asked for doing the annual compliances of your both GSTIN.

Thanks,

This is Ravi Verma, In this Article, I will let you know about the new Rule 37A of the GST.

Let’s Begin,

New rule 37A is linked with the GST section of 41

What is rule 41 in the GST?

Under this rule, If you have taken your ITC from your GST portal that is very good but pleases note that point you have taken your ITC and your supplier has not been depositing the GST tax money to the government. And your supplier has received that GST amount from you.

After that, the GST department will send you a notice about this matter, and he will connect you through e-mail and the GST portal, in that e-mail, he will say you that, please return the excess ITC amount with interest which has been availed by you at the time of ITC claiming.

What is Rule 37A?

In the new rule 37A, there are two mechanisms in this rule

1. ITC reversal
2. ITC reclaim

Let’s know about this new rule. The GST department will try to implement this rule, and after coming to this rule full profit will be taken by the GST department. Suppose that you purchased a piece of machinery from Mr. A, and Mr. A has released a tax invoice, after doing all these steps when I have filed my GST return and availed my ITC, after that, if your supplier has not paid the GST amount to the GST government, then the government will send you a notification in your portal and through the e-mail and say that please reverse the GST amount with interest which was claimed by you at the time of filling of your GST return. And after giving this notification your supplier will pay the pending GST amount to the government, then the GST department will give you a chance to reclaim your previous ITC and avail of it.

Let’s see when this rule will be fully implemented for us.

This is Ravi Verma, In this Article, I would let you know about the DRC-03 Form.

What is DRC-03?

DRC-03 Form is implemented by the GST department for the payment of interest and Liabilities. and this is a voluntary tax payment form that is issued by the GST department to their GST holders.

If any GSTIN holder who did not pay his own taxes to the GST department, then the GST department issues show-cause notice to their GSTIN holder for the payment of interest and liabilities.

What is the reason a taxpayer makes payment in DRC-03

There are different cases for a taxpayer to pay their tax with the help of the DRC-03 form.

• ITC Mismatch – When the GST department starts conducting the audit. If he finds any mismatch in taxes, then he issues a show cause notice to that type of GSTIN holder for the payment of interest and liabilities at the earliest. if the GSTIN holder avails the excess ITC for the payment of their tax then the GST department will issue a show-cause notice for the payment of its interest and liabilities.
• Liability Mismatch – If any GSTIN holder had not paid their taxes according to GSTR-3B and the GST department would be known then he would issue a show-cause notice to that type of GSTIN holder.
• Any demand / Voluntary – when we received any notice from the GST department for non-payment of taxes or shortfall in taxes then due to this type of mistake we would have to pay our taxes with the help of the DRC-03 form.
• Annual return – When we are preparing our audit report for filing, suddenly we saw a shortfall of taxes according to the GSTR-3B. due to this type of mistake first, we will have to pay the taxes and their interest with the help of DRC-03 and after that, we can file our annual return.
• Reconciliation of Statement – when an auditor lets you know that you have not paid your full tax liability on the GST portal then first you will have to pay your tax with interest and penalty with the help of DRC-03 and report it in GSTR-9, It should also be reported in GSTR-9C by the GST auditor.

Thanks,

This is Ravi Verma, in this Article I will tell you about the new method for filing the GSTR-1 NIL return.

Let’s start,

Why do we have to file the NIL GSTR-1 return?

If a business has no sale or purchase in a month, it must file its NIL GSTR-1 return for this month on the GST portal. but make a note for this, if you want to amend any invoice and if you will issue a credit note and Debit note to your client in that case you need to file your GSTR-1 return on the regular basis. you don’t need to file the NIL return in that case.

How to file my NIL GSTR-1 return in a new way?

a. Open your GSTR portal with your credentials.

B. After logging into your GSTR portal click on the continue to dashboard button.

C. Click on the file return button.

D. Select your GSTR-1 filing quarter, financial year, and the period after that click on the search button.

E. Click GSTR-1 Column.

F. Click the button on the NIL GSTR-1 file.

G. Please read this instruction that is for NIL GSTR-1 filing.

H. Do scroll down you will get a button of file statement then click on it.

I. After completing this process select your filing mode like EVC, DSC, or any which you have for filling. After that, you can file easily your NIL GSTR-1 return by yourself.

Thanks

This is Ravi Verma, In This Article, I would tell you about Quarterly ITC.

Let’s start,

That is a very simple way to find Quarterly GSTR-2B in our GST portal. Under this table, we can see our Quarterly ITC monthly wise.

We would know what is the month wise ITC which we can avail. we would know what is our eligible ITC and what is our uneligible ITC with the help of the quarterly GSTR-2B table.

_{The government helps us a lot to know the amount of our ITC.}

Steps to know how to see quarterly GSTR-2B.

• Goto to your browser and enter GST.

• After that put in your User ID, Password, and Captcha code as well, and now click on the login button.

• After that click on the Continue to dashboard button.

• Now Click on the File return Button.

• After that select your period, year, and quarter.

• Do scroll down and click on the GSTR-2B Quarterly table.

• Under this Table, you can see easily your all ITC Amount accordingly month-wise.

• And you can also download the summary in PDF and Excel format.

Thanks

This is Ravi Verma, In this article, I will tell you about new changes of GSTR-1

Let’s start,

The government has implemented new changes in GSTR-1.

• When we file our GSTR-1, we see a submit option, this option is used to submit our GSTR-1 report.
  Now the government has removed this option from our GST portal.

Since there are many useless options available in the GST Portal, the government is planning that no additional options appear under the GST Portal.

• As soon as we click on the Generate summary button then we will see the new button that is proceed to the File/Summary button,

After clicking on this button we will see all the columns of GSTR-1 by the GST Portal, under this option we will see the data of all our columns as per the GST table and we can also see the total amount under this column, which will appear the consolidated summary in front of me of my all transactions.

• After clicking the file statement you can file your GSTR-1 return by your DSC and EVC

This is Ravi Verma, in this article, I will tell you about the question and answer of GSTR-1

Let’s Start,

• What is GSTR-1?

In GSTR-1 we give a summary of all our sales so that the government can know how much tax we have collected which we have to submit to the government.

• Who is required to file the GSTR-1?

All such taxpayers who have taken registration under GST and they are selling every month, whether of goods or services, in this case, it becomes necessary to file GSTR-1.

• Is GSTR-1 filing mandatory?

Yes, It is necessary for everyone to file GSTR-1, whether they have sales or not, it is necessary to file the return, if no one does this, then the government imposes a penalty.

• What are the available modes of preparing GSTR-1?

GSTR-1 can be prepared using the following modes:
A. Online entry on the GST Portal
B. Uploading of invoice and other GSTR-1 data using Returns Offline Tool
C. Using third party application of Application Software Provider (ASPs) through GST Suvidha Providers (GSPs)

• What details have to be furnished in GSTR-1?

The following details of a tax period have to be furnished in GSTR-1:
. Invoice level details of supplies to registered persons including those having UIN
. Invoice level details of Inter- state supplies of invoice value greater than equal to INR 2,50,000 to unregistered persons (consumers)
. Details of Credit/Debit Notes issued by the supplier against invoices
. Details of export of goods and services including deemed exports (SEZ)
. Summarised state level details of supplies to unregistered persons (consumers)
. Summary Details of Advances received in relation to future supply and their adjustment
. Details of any amendments effected to the reported information for either of the above categories.
. Nil-rated, exempted, and non-GST supplies
. HSN/SAC wise summary of outward supplies

• Which type of registered taxpayers are not required to file the GSTR-1?

The following taxpayers are not required to file GSTR-1:
1. Taxpayers under the Composition Scheme (Return to be filled by them in GSTR 4)
2. on-resident foreign taxpayers (Return to be filled by them in GSTR 5)
3. Online information database and access retrieval service provider (Return to be filled by them in GSTR 5A)
4. Input Service Distributors (ISD) (Return to be filled by them in GSTR-6)
5. Tax Deducted at Source (TDS) deductors (Return to be filled by them in GSTR 7)
6. E-commerce operators deducting TCS (Return to be filled by them in GSTR 8)

•  For which class of Taxpayers is DSC mandatory for filing returns?

DSC is mandatory in the case of all Public & Private Limited Companies, Limited Liability Partnerships (LLPs), and Foreign Limited Liability Partnerships (LLPs).

• What is the due date for filing the GSTR-1?

For normal taxpayers due date to file GSTR-1 for a given tax period is the 11th day of the succeeding month and small taxpayers with turnover up to 1.5 crores are required to file GSTR-1 quarterly, And small taxpayers file all their B2B invoices on the 13th of every month with the help of the IFF.

• What is the meaning of  ‘Total Invoice Value’ in GSTR-1?

The Meaning of Total Invoice Value is Taxable Value + GST = Total Invoice Value.

• Different Between Total Invoice Value and Taxable Value?

Total Invoice Value means = Taxable Value + Tax
and invoice value = only the value of the goods or service which does not include tax.

• Can I enter details of Goods and Services in the same invoice?

Yes, you can enter your goods and services in the same Invoice except under the CUMP scheme because under this scheme company provides the bill of supply, not the tax bill.

•  What are B2B Supplies?

when a registered person is purchased goods/services from another registration person then this type of supply is business to business supply(B2B).

• What is meant by B2C Supplies?

when an unregistered person purchases goods/services from another registration person then this type of supply is called business to customer supply(B2C).

•  What are Debit Notes?

When a registered company sells any goods/services to any other registered company and if the goods/services are not received according to the invoice, then that registered company issues a debit note to the other registered company, and with the help of this, he takes the money into its credit ledger.

• What are Credit Notes?

When a registered company buys goods/services from another registered company and supplies them by mistake at a lower rate, in this case, the other company issues credit to him.

• Whether purchases from unregistered person, which are subject to reverse charge, for which the recipient issues a tax invoice, is required to be reported ?

All the purchases from an unregistered person, which are subject to reverse charge, for which the recipient issues a tax invoice are to be reported in GSTR-2 (and not in GSTR-1).

•  Do I need to upload the invoice details at the time of filing GSTR-1?

Taxpayers can upload invoice details any time during the tax period and not just at the time of filing of GSTR-1.

• What is the meaning of B2C large invoice?

It means the B2C invoice value is More than 2.5lakh then this invoice is to enter in this column.

• All Amendmend record Details?

When we need to amend an invoice in our GSTR-1, we can easily amend it by going to the amendment column.

• What is the due date for the payment of monthly tax liabilities for normal taxpayers?

As a normal taxpayer, the due date for payment of tax is the 20th of every month.

Thanks,

Hi Guys

This is Ravi Verma, in this article, I will tell you about the process of filing the NIL GSTR-1 return.

Let’s start,

When a company does not have any sales in a month, it will file a nil return in its GSTR-1 in that month.

• The process to file GSTR-1 NIL return.

1. Open your browser and search Gst.gov.in

2. Click on the login option and enter your credentials as well as the captcha code.

3. After clicking on the Login button, please scroll down and click on Continue to Dashboard option.

4. Then click on the File Return option.

5. If you want to file your GSTR-1 return then select your year, quarter, and period as well and then click on the search option.

6. After that, you have to click on your GSTR-1/IFF option which you have selected

7. If your return is nil then there is no need to furnish your invoice details, just click on generate summary then tick the acknowledgment option and click on submit button.

8. And Then click on the file return option, it will enable you after clicking the submt option into your GST portal.

9. The last step is to tick the Acknowledgment option And choose your DSC/EVC which is available to you.

10. And finally you have to enter your OTP and click on Verify Option, after doing all this your return will be filed.

And you will get a message in your mail box that your return has been successfully filed.

Thanks,

This is Ravi Verma,

In this article, I will tell you how to claim the correct ITC in GST Portal

As per section 38:- Now the government has changed the rules for claiming ITC.

If any person has to claim his ITC, then he will have to claim his ITCaccording to the government, if any person does not do so, then his registration can be canceled by the government.

As we know that we have to know our ITC in GSTR-2B, in this we get to know how much ITC we should claim while filing our GST return. Now the government has made changes under GSTR-2B, under which we now have to claim the same amount to take our ITC credit, which the government has shown in the column of ITC available.

Change in GSTR-2B

The government has introduced two new columns in GSTR-2B

• ITC Available Column – In this column, taxpayers can avail themselves its ITC without any problems (only available ITC can claim)

• ITC restricted Column – Under this column, you cannot avail your ITC as your vendor defaulter in this column can be counted in the column.

The government has inserted a new section 38, under this section in which the government has covered which taxpayer is a defaulter.

• newly registered taxpayers – If a person takes a new registration in GSTIN, then the government has imposed a restriction for that we cannot take our full ITC from that person.

• Defaulter Supplier (Not Paying GST Amount):- If a supplier does not pay tax in GST, the government has classified such a supplier as a defaulting supplier.

• The GSTR-1 tax amount does not exceed the GSTR-3B tax amount.:- If the tax on GSTR-1 of a supplier is more than the tax amount on GSTR-3B, then the supplier is declared a defaulter.uppler’s

• Claiming ITC in excess of GSTR-2B – If a supplier claims his ITC in excess of the GSTR-2B amount, then such supplier is a defaulter.

• Non-payment of full tax by ITC – If a taxpayer makes full payment of his tax through his credit ledger, then such GST holder will be declared a defaulter, In this, we will pay 99% of our tax in our credit ledger and 1% is to be done by cash.

• The government has already declared such person as a defaulter – A person who has not paid his taxes and does not follow the government rules, such person is declared a defaulter by the government.

Thanks,

Hi guy’s

This is Ravi Varma, in this article I will tell you about the New changes in GSTR-1 columns

Let’s start,

The government has just changed all the columns of GSTR-1 as not many taxpayers use some of the columns of GSTR-1.

So for this, the GST department thought of a very good solution and separated all the mandatory tables which are used regularly by all the taxpayers and the columns which were used for a particular purpose were also separated so that All taxpayers can do their work easily.

All these taxpayers got the benefit that now they will not have confusion and whatever kind of problem they have, they can easily select that table and finish their work in an easy way.

ADD RECORD DETAILS

• 4A, 4B, 6B, 6C – B2B Invoices:- All the B2B sales we have in this table, the records of all those are entered inside this table.
• B2B sales:- Such sales in which we sell each other under GSTIN number, then such sales are called B2B sales.
• 5A, 5B – B2C (Large) Invoices:- In this table, we enter the invoice whose value is more than 2.5 lakh and that is done under Sales B2C.
• B2C sales:- Such sales in which we sell each other without the GSTIN number, then such sales are called B2C sales.
• 6A – Exports Invoices:- If we make a sale with a specific person who is outside India, then such a sale is called an export sale and we can also say that a sale in which we sell any goods or service outside India, then it is called an export sale.
• 7 – B2C(others):- If we have done any kind of sales from any unregistered person then we have to show that invoice in this column.
• 8A, 8B, 8C, 8D – Nil Rated Supplies:- In this we count the invoice in which we cannot charge tax and it is excluded from the taxable category, in other words, we can say that such goods or services which are not taxable, we call it Called zero-rated goods or service.
• 9B – Credit / Debit Notes (Registered):- It means if we sell goods to a person who has a GST number and that person has done B2B sales and we have accidentally sold goods to him at a lower price, then in this case, the person who bought the goods Will issue credit to us so that we can get our balance money through credit note.

• 9B – Credit / Debit Notes (Unregistered):- It means if we sell goods to a person who has not a GST number and that person has done B2C sales and we have accidentally sold goods to him at a lower price, then in this case, the person who bought the goods Will issue credit to us so that we can get our balance money through credit note.
• 11A(1), 11A(2) – Tax Liability (Advance Received):- If we receive an amount in advance for any goods or services, then we will show the invoice in the column of Advance Received, Because these are liabilities for us, that’s why we have to deposit the tax in advance to the government.
• 11B(1), 11B(2) – Adjustment of Advances:- When the advance amount is given to us for any goods, we have to fill the same in the column of Advance Received to make adjustments.
• 12 – HSN-Wise Summary of outward supplies:- If we do sales of goods with a registered person, then we have to enter in this column the HSN code of all the sales invoices we have.
• 13 – Documents issued:- In this, we have to enter the total number of invoices for all our sales and if we have canceled any invoice, we have to enter that too.

AMEND RECORD DETAILS

• 9A – Amended B2B invoices:- If any rectification needs to be done in our B2B invoice, we will do that rectification in this column
• Amended B2C (Large) Invoices:- If any rectification needs to be done in our B2C large invoice, we will do that rectification in this column. (more than 2.5 lakh B2C invoices)
• 9A – Amended Exports Invoices:- If we have any export invoice and we want to amend anything in it then we have to select this column.
• 9C – Credit / Debit Notes (Registered):- If we have issued credit/debit notes to any registered person and if we have to make any kind of amendment to it then we have to select this column.
• 9C – Credit / Debit Notes (Unregistered):- If we have issued credit/debit notes to any Unregistered person and if we have to make any kind of amendment to it then we have to select this column.
• Amended B2C (Other):- If we have made any kind of sale from an unregistered person and we have to make any kind of amendment to it, then we have to amend that invoice in this column.
• 11A – Amended Tax Liability (Advances Received):- If we have received any amount in advance against any goods and if any correction is to be done in that amount then we have to do the correction in this column.
• 11B – Amendment of Adjustment of Advances:- If we have made any advance request and if any mistake has been made in its adjustment, then we can correct it by going to this column.

Thanks,

Hello Guy’s, This is Ravi Verma, and I want to say, how to file Non-GST invoices In the GST portal in the case of GSTR-1

What is a Non-GST invoice?

The invoice in which our supplier has not paid the amount of GST or we have supplied goods/services to our vendor without levying GST, we call such invoice a non-GST invoice.

Filing steps:-

• Open your GST portal

• Click on to the File return option.

• Select your financial year, quarter and period and after doing that click on the search option.

• After this process, you are entering in your GSTR column so, click the GSTR-1 option.

• Scroll down and go to GSTR-1 other details option and click on column number 8A, 8B, 8C, 8D-NIL Rated Supplies.

• Now you have to see the column number 8A, 8B, 8C, 8D – Nil Rated Supplies {Non-GST Supplies, Nil Rated Supplies & Exempted(Other than Nil rated/non-GST supply)}

Note points*******

1. Intra-state supplies to registered person:- Select this column when you sell any non-GST goods/service to a registered person in the same state.
2. Intra-state supplies to unregistered person:- Select this column when you sell any non-GST goods/service to an unregistered person in your state.
3. Inter-state supplies to registered person:- Select this column when you sell any non-GST goods/service to a registered person in the other state.
4. Inter-state supplies to unregistered person:- Select this column when you sell any non-GST goods/service to an unregistered person in other state.

Note point******* You have a Non-GST Invoice, please go to the Non-GST column and enter the amount of Whatever goods/services you have provided.

• The last step is to click on the save icon and finally, your non-GST invoice has been save in column GSTR-1.

Thanks,

If the turnover of a company remains up to 5 crores then it is mandatory to write HSN code in the B2B invoice. And in the case of B2C, it is not necessary to write HSN code in the invoice.

If the Turnover of a company is more then 5 crore it is mandatory to write HSN code in the B2B & B2C both invoices.

note point****** The HSN code has to be entered in 2 places, one in the invoice and the other in the column of GSTR-1

What is the penalty if we do not enter the HSN code in our GSTR-1 portal

As per section 125:- If a taxpayer does not enter his HSN code in the GSTR-1 column then a penalty will be imposed on 25000 of CGST and 25000 = 50000 of SGST.

*** This is not applicable for IFF taxpayers who opt for QRMP scheme. But HSN code is mandatory for all those taxpayers whose turnover is more than 05 crores or 05 crores

Condition 1:- If the turnover is more than 5 crore in a previous financial year then it is mandatory to write his HSN code for her B2B or B2C invoices

Condition 2:- If the turnover up to 5 crores in a previous financial year then it is mandatory to write his HSN code for her B2B invoices but it is not applicable in the case of B2C invoices.

India’s Finance Minister “Nirmala Sita Raman Ji” introduced a new scheme to reduce the late fees levied on all taxpayers under which the amnesty scheme was introduced to reduce the tax liabilities of all taxpayers so that the minimum for all taxpayers The amount can be levied under which all taxpayers will have to pay their tax and file all their returns and after using this scheme all the late fees levied on them will be waived.

Amnesty scheme relief taxpayers from July 2017 to April 2021. regarding late fees & pending returns.

For taxpayers having nil tax liability in GSTR-3B or nil outward supplies in GSTR-1, the late fee to be charge at Rs 500 ( 250 CGST & 250 SGST)

The late fee for delay in furnishing of FORM GSTR-3B and FORM GSTR-1 in case of NIL return

In case of NIL return Taxpayers:- If the taxpayers who have no output in GSTR3B and GSTR1 have zero returns, they will have to pay Rs 500 to the government in this case. In which there is 250 CGST and 250 SGST, the taxpayers have to pay this amount in all the returns.

The late fee for delay in furnishing of FORM GSTR-3B and FORM GSTR-1 in case of other then NIL return.

In the case of other:- In this case, the taxpayer has to pay all taxes and late fees on his total turnover. Which we are showing as a table

What is GSTR-4:- A firm with an annual total turnover of up to 1.5 crores can opt for such a firm composition scheme.

Note*** GSTR-4(Composition scheme) late fees in case of NIL return {GST amount 500 (250 CGST & 250 SGST)} This amount will be paid by each return, Other than case {GST amount 2000 (1000 CGST & 1000 SGST)} This amount will be paid by each return.

COVID-19 related relaxations.

1. Extension of the due date of filing GSTR-1/ IFF for the month of May 2021 by 15 days.
2. Extension of the due date of filing GSTR-4 for FY 2020-21 to 31.07.2021.
3. Extension of the due date of filing ITC-04 for QE March 2021 to 30.06.2021.

Special notes****** You cannot use the input tax credit before the financial year 2020-2021 in your returns.

Special notes******Amnesty Scheme Applicable on 01-06th-2021 to 31th-08-2021.

But now the GST portal has been changed from 1st-April-2021. In which, from now on, all our sales, whether they are B2B or B2C, we have to enter the column of GSTR-1.

NOTE****** Important point

• If we have equipped all our B2B invoices in the month of January and February with the help of the invoice Furnishing facility, then we will not have to file them in GSTR-1
• If we have submitted all our B2B invoices with the help of the Invoice Furnishing Facility method, but it has not been filed, then we have to delete all those data in the GST portal under the QRMP scheme. Otherwise, it can bring problems for us in subsequent returns.
• We have to file our sales Invoices in the quarterly mode in GSTR-1

How To Delete unfiled IFF data under QRMP scheme

Step 1st>>>>> Open Your GST portal>>>>>Select Period (January & February)

Step 2>>>> Click IFF icon

Step 3 >>>>> Open your IFF Column Go to Scroll Down and Click Reset button

You can delete your old Data if you do not file your B2B invoices in the IFF facility under QRMP Scheme

X CATEGORY:- Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union Territories of Daman, Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands, and Lakshadweep.

Y CATEGORY:-Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand, Odisha, the Union Territories of Jammu and Kashmir, Ladakh, Chandigarh, and New Delhi.

• OPTING QRMP SCHEME

• CMP-08

• (GSTR-1)Turnover up to 5 crore

Quarterly Filing

• Annual Turnover more than 5crore

Monthly Filer

The first thing we do is show the option of business, in which we have to show the transaction of all our sales, that is also to show the transaction of sales with the registered person. Are fallacy. When we click this, we have to enter the GST number first. And then the Amount and Invoice Date. Then we have to enter the taxable amount in the same column as we have sold it according to the tax, in which it automatically finds the tax whether it is intrastate or integrated.

Under Filling GSTR-1 {(5A, 5B – B2C (Large)} Invoices?

Inside this, if we sale business 2 consumer and registered persons, we have to enter all the details in it, there is no need for an invoice and we add all our consumer transactions inside it. But there is one more thing in it. This is the fact that we sell more than 2.5 lakhs in Intrastate. Then we have to take the invoice number.

Under GSTR-1 Credit / Debit Notes (Registered)?

In this, we are sold through whatever registered person. His debit and credit notes are proof. Within this, we have to select our number and date by ourselves. In this, we have to enter the original invoice number and original invoice date of the person whose notes are made. If it is not original then your debit and credit notes cannot be made.
And in the option, we also have to select this type.

Under GSTR-1 Credit / Debit Notes (Unregistered)?

These tables are a part of GST-1. In which we see all our exports. Meaning that we export our goods to another state. So we fill it in this table. In this, the registered person can claim the refund of his exports and his supply tax is only in the interstate. In this, we will enter shipping no, enter date and whatever taxable amount will be entered.