As you know, the annual repayment period in the form of GSTR 9 is June 30, 2019. Both traders and industry participants raised specific questions about this annual crop, which we will try to explain in this blog:
Information on Form GSTR 2A from 1 May 2019, Form 8 from GSTR 9 should be completed automatically.
The GSTR 9 Entry Tax Credit Form for the store accepted from April 2018 to March 2019 must be specified in Table 8C.
Details of the 2017-2018 financial year will be made known in Part V of GSTR 9, the harvest form announced between April 2018 and March 2019.
It should be noted that, whether or not supply is advertised in GST form, the policy tax and annual return is mainly encouraged in Part II or Part Five – when taxes are paid on GST form 3B. If the tax is paid through Form GSTR 3B between July 2017 and March 2018, the supply will be announced in the second part and if the tax is paid through GST Form 3B between April 2018 and March 2019, the supply must be declared. About the fifth part of the GSTR Model 9
Any additional external source notified by the registered person in gstring form 1 and gstring form 3B are “taxable” in section 4 of the gstring form, part II, and the additional charges calculated in section 4 of the gstring form. Model from DRC 03
Many ticket issuers report automated data and lack of data between actual account registration or return book. One of the common challenges reported by taxpayers is on Form GST Table 4, where details may be lost on Form GST 1, but taxes are provided on Form GST 3B and taxpayers are notified automatically. Form GSTR 3B Recall that automated counting is an activity made available to the taxpayer for convenience and that he should report the data according to the books or statements submitted in the exercise.
Many taxpayers know that there is no line in Appendix 8 to meet the IGST loan granted for the import of goods, but the statements have been changed from April 2018 to March 2019. As a result, the loan should be available by April 2018 March 2019 , but may not be reported annually For this entry, ticket holders are advised to adhere to the full GSM 9 (E) Program when importing goods from July 2017 to March 2019.
Tariffs paid using the DRC 03 form for the store between July 2017 and March 2018 will not be calculated in accordance with Form 9 GSTR, but will be reported at the time of settlement on Form 9ST GSTR.
With this clarification, the GST Council should be able to pay all taxpayers as soon as possible to withdraw as soon as possible.