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How to File Annual Return GSTR-9 for Fy 2017-18

How to File Annual Return GSTR-9 for Fy 2017-18

by | Jun 7, 2019 | SAVE MY GST - INDIA
Watch GSTR-9 Explanation Videos in Tamil

The much-awaited GSTR – 9 i.e. Annual Return* for FY 2017-18 is now enabled for filing at the GST Portal (WWW.GST.GOV.IN)

ITC figures are getting auto-populated. Also, a summary of GSTR-1 and GSTR-3B is allowed to be downloaded in PDF format.

Also, “NIL” GSTR-9 RETURN can be filed, if you have
  • Not made any outward supply (commonly known as a sale); AND
  • Not received any inward supplies (commonly known as purchase) of goods/services; AND
  • No liability of any kind; AND
  • Not claiming any Credit during the Financial Year; AND
  • Not received any order creating demand; AND
  • Not claimed any refund.
during the Financial Year

|Read Also: Filing Process of Annual Return under GST (GSTR-9, 9A, & 9C)

2.GSTR-9 can be filed online. It can also be prepared on Offline Tool and then uploaded on the Portal and filed.

3.Annual return in form GSTR-9 is required to be filed by every taxpayer registered as normal taxpayer during the relevant financial year.

4.All applicable statements in Forms GSTR-1 and returns in Form GSTR 3B of the financial year shall have been filed before filing GSTR-9.

Important Note:-

  1. Annual return in Form GSTR-9 once filed cannot be revised.
  2. Computation of ITC based on GSTR-2A has been auto-populated by the System based on GSTR-1 filed by your corresponding suppliers up to 28-02-2019 . Next auto-updating of GSTR-2A will be carried on 31-03-2019. If you have some missing credits in GSTR-2A, you may like to wait till next update.

How to Prepare Online:-

Steps to be taken:

  • Click on ‘Prepare Online’;
  • Select from the questionnaire page, whether you wish to file NIL Annual return;
  • You may download the draft system generated GSTR-9, a summary of GSTR-1 and summary of GSTR-3B from GSTR-9 dashboard for your reference;
  • If the number of records/lines is less than or equal to 500 records per table (Table 17 and Table 18), then you may use this facility;
  • Fill in the details in different tables and click on ‘Compute Liabilities’; and
  • Click on ‘Proceed to file’ and ‘File GSTR-9’ with DSC/EVC.
  • Additional liability, if any declared in this return can be paid through Form GST DRC-03 by selecting ‘Annual Return’ from the dropdown in the said form. Such liability can be paid only through cash.

Prepare Offline:-

If the number of records/lines either in Table-17 or Table-18 are more than 500 records per table, then you can prepare your return by using the offline utility only and the same can be subsequently uploaded on Common Portal.

You can download the GSTR-9 offline tool from the ‘Downloads’ section in the pre-login page on the portal and installed it on your computer.

  • Click on ‘Prepare Offline’;
  • Click on ‘Download’ to download auto-drafted GSTR-9 details, if any;
  • Follow instructions in ‘GSTR-9 offline tool’ to add details and generate JSON file for upload; and
  • Click on ‘Upload’ to upload JSON file and file the return with help of instruction available on GSTR-9 dashboard.

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Advisory to GST Taxpayers on Invoice Series for FY 2019-2020

Advisory to GST Taxpayers on Invoice Series for FY 2019-2020

by | Apr 6, 2019 | SAVE MY GST - INDIA

Attention of all taxpayers is invited to Rule 46 (b) of the CGST Rules 2017, which specifies that the tax invoice issued by a registered person should have a consecutive serial number, not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters – hyphen or dash and slash symbolized as “-” and “/” respectively, and any combination thereof, unique for a financial year.

|Read Also: Simplified GST Return Formats – Form Sahaj and Sugam, July 2018

This rule implies that with the start of the new financial year 2019-20 (w.e.f. 01/04/2019), a new invoice series, unique for the financial year is to be started by the GST taxpayers. A similar provision is there in Rule 49 of the CGST Rules 2017, in respect of the issue of Bill of Supply by registered taxpayers availing Composition Scheme or supplying exempted goods or services or both.

If the provisions of Rule 46 or Rule 49 are not adhered to, apart from being a compliance issue, taxpayers may face problem while generating E-Way Bill on E-way bill system or furnishing their Form GSTR 1 or for applying for a refund on GST Portal. It is, therefore, necessary that suitable modification may be made by the taxpayers in this regard in their invoices or bill of supply, to avoid any inconvenience in the future.

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Simplified GST Return Formats – Form Sahaj and Sugam, July 2018

Simplified GST Return Formats – Form Sahaj and Sugam, July 2018

by | Mar 8, 2019 | SAVE MY GST - INDIA

The CBIC on Monday put up in public domain draft GST returns and formats “Sahaj and Sugam” for seeking comments from stakeholders. moreover, taxpayers who have no purchases, no output tax liability and no input tax credit to avail in any quarter of the financial year shall file one ‘Nil’ return for the entire quarter.

“In month one and two of the quarter, such taxpayer shall report NIL transaction by sending an SMS. Facility for filing a quarterly return shall also be available by an SMS,” the Central Board of Indirect Taxes and Customs (CBIC) said while unveiling the draft returns forms.

New Update:

Proposed GST Return Formates, as approved by the competent authority on 8th March 2019, you can now be downloaded from the Download section of the GST Portal (www.gst.gov.in).

Download New GST Return - Normal
Download New GST Return - Sahaj
Download New GST Return - Sugam

Small taxpayers would be those who have a turnover up to Rs 5 crore in the last financial year and can file a quarterly return with monthly payment of taxes on a self-declaration basis.

The return form ‘Sahaj’ is for businesses which make supplies to only consumers (B2C). It includes details of outward supplies and inward supplies attracting reverse charge as well as a summary of inward supplies for claiming input tax credit (ITC). Also, such B2C businesses will have to show HSN wise summary of supplies and interest and late fee liability details along with payment of tax and verification.

Besides, businesses making supplies to both businesses (B2B) and consumers (B2C) have to file returns form ‘Sugam’. It includes a summary of supplies made and tax liability, a summary of inward supplies for claiming ITC, along with details of interest due and tax payment.

Such businesses will have to file annexure to the return form giving details of outward supplies made to registered persons, consumers and un-registered persons (B2C and B2B) and inwards supply attracting a reverse charge. Also HSN wise summary of supplies too has to be filled.

The forms, which will replace the current GSTR-3B and GSTR-1, are expected to be launched by 1 January 2019.

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How to Register on e-Way Bill ewaybill.nic.in/ewaybillgst.gov.in

How to Register on e-Way Bill ewaybill.nic.in/ewaybillgst.gov.in

by | Jan 29, 2019 | E-way Bill

GST e-Way Bill Registration is Mandatory for every Supplier/transporter (registered/unregistered) who causes movement of goods of consignment value exceeding Rs.50000/-. All the registered persons under GST shall also register GST E way Bill on the portal of e-way bill namely: www.ewaybill.nic.in using his GSTIN. Once GSTIN is entered, the system sends the OTP to his registered mobile number and after authenticating the same, the system enables him to generate his/her username and password for the e-way bill system. After generation of username and password of his choice, he/she may proceed to make entries to generate an e-way bill.

Enhancements in E-Way Bill System 23/04/2019

1. Auto calculation of route distance based on PIN code for generation of EWB: E-waybill system is now enabled to auto calculate route distance for movement of goods, based on the Postal PIN codes of source and destination locations given by the user. The e-waybill system will calculate and display the actual distance between the supplier and recipient addresses. User is allowed to edit the distance shown, but it will be limited to 10% more than the displayed distance. In case, source PIN and destination PIN are same, the user can enter up to a maximum of 100 kms only. If PIN entered is incorrect, the system would alert the user as INVALID PIN CODE, but he can continue entering the distance.

2. Knowing the distance between two PIN Codes: Taxpayer can now know the distance between source and destination by selecting “PIN to PIN distance” in Search section on the EWB System home page. Search will show approximate distance between the PINs entered.

3. Blocking of generation of multiple E-Way Bills on one Invoice/document: EWB system will not allow generation of multiple e-way bills based on one invoice, by any party – consignor, consignee or transporter. That is, once E-way Bill is generated with an invoice number, then no one can generate another E-Way Bill with the same invoice number.

4. Extension of E-Way Bill in case Consignment is in Transit: The taxpayer or transporter (who has been assigned an EWB) can now extend E-way Bill validity, when goods are in transit. User can login to the EWB portal and navigate to EWB Module > Extend Validity > Enter EWB Number to fill the form. On selection of In Transit, the address details of the transit place need to be provided by user. On selection of In Movement the system will prompt user to enter Mode and Vehicle details.

5. Report on EWB which are about to expire soon: Users of EWB System can now view the list of EWB about to expire in next three days. User can see this after logging into the EWB portal and navigating through Reports > My EWB Reports > EWB about to expire.

Forthcoming changes in E-Way Bill System

26/03/2019

1. Auto calculation of route distance based on PIN code for generation of EWB: E-waybill system is being enabled to auto calculate route distance for movement of goods, based on the Postal PIN codes of a source and destination locations, given by the user. The e-waybill system will calculate and display the actual distance between the supplier and recipient addresses. The user is allowed to edit the distance shown, but it will be limited to 10% more than the displayed distance. In case, source PIN and destination PIN are same, the user can enter up to a maximum of 100 kms only. If PIN entered is incorrect, the system would alert the user as INVALID PIN CODE, but he can continue entering the distance. Such e-waybills having INVALID PIN codes will be flagged for review to the departmental officers.

2. Blocking of generation of multiple E-Way Bills on one Invoice/document: It has been decided not to allow generation of multiple e-way bills based on one invoice, by any party – consignor, consignee or transporter. That is, once E-way Bill is generated with an invoice number, then none of the parties – consignor, consignee or transporter, can generate another E-Way Bill with the same invoice number.

3. Extension of E-Way Bill in case Consignment is in Transit: The transporters have represented to incorporate a provision to extend E-way Bill validity when goods are in transit. Transit means that goods could be on Road or in a Warehouse. During the extension of validity of the e-way bill, the user will be prompted to answer whether the Consignment is in Transit or in Movement. On selection of In Transit, the address details of the transit place need to be provided by the user. On selection of In Movement, the system will prompt a user to enter Place and Vehicle details. For calculation of distance for movement and validity date of an E-way Bill, in both these scenarios, the destination PIN will be considered from the PART-A of the E-way Bill.

4. Blocking of Interstate Transactions for Composition dealers: As per the GST Act, the composition taxpayers are not allowed to do Interstate supply. Hence user will not be allowed to generate e-way bill for inter-state movement of goods if the supplier is a composition taxpayer. The composition taxpayers will not be allowed to enter any taxes under CGST or SGST for intrastate transactions. Also, the document type of Tax Invoice will not be enabled for them.

| Read Also : How to Register on GST e-Way Bill Portal – Unregistered Transporters
Tips for e-Way Bill Registeration
1. GSTIN number should be on hand.
2. The registered mobile number should be with the user.
3. The username should be of at least 8 characters with a combination of alphabets (A-Z/a-z), numerals (0-9) and special characters (@, #, $, %, &, *, ^) and can’t exceed more than 15 characters.
4. The password should be of at least 8 characters.
5. Keep your Username and Password securely.
Here is step by step Guide for e-Way Bill Registration:-

#Step-1: To Register GST E way Bill – Go to ewaybill.nic.in  / ewaybillgst.gov.in
#Step-2: Click on “e-Way Bill Registration” option on right hand side of webpage under Registration.
#Step-3: Enter the GST number and the captcha > Click on “Go”
#Step-4: In the below form  “Applicant Name”, “Trade Name”, “Address” and “Mobile Number” will be auto-populated once you enter the GSTIN.

After checking the auto-filled details you need to click “Send OTP” button. and enter the OTP received on the registered mobile number and verify the same by clicking on the ‘verify OTP’ button.

| Read Also: Guide to Generate e-Way Bills on e-Way Bill Portal
#Step-5: You can create your own user ID and Password. Once both User ID and Password are approved, the User ID along with the Password is created and registered with the e-way bill portal. You can now use this registered User ID  and Password to navigate through the e-way bill portal.

Thanks for reading this Article. Please comment below for any queries!

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For Further Reading :-

1. மின் வழிச் சீட்டின் முக்கிய கூறுகள்

2. E-way Bill – Inspection and verification of goods

3. List of Goods Exempted from an Eway Bill Generation

4. E-way Bill under GST – Rules to Generate E-way Bill

5. E-way Bill Format : FORM GST EWB-01

Type of Plastics Ban in Tamil nadu

Type of Plastics Ban in Tamil nadu

by | Dec 14, 2018 | SAVE MY GST - INDIA

The Tamil Nadu government announced on Tuesday 5th June 2018 it would ban the use of plastic items, including non-biodegradable carry bags, from January 2019 to “gift a plastic-free” state to future generations.

As per G.O. (Ms) No.84 The Tamil Nadu Govt have decided to issue the following directions imposing the ban on manufacture, storage, supply, sale and use of “use and throw away plastics”.

| Read Also: FSSAI (Food Safety) in Tamil 

List of Plastics Banned in Tamil Nadu:-

  1. Plastic carry bags
  2. Plastic sheets used for food wrapping, spreading on dining table etc..
  3. Plastic plates
  4. Plastic coated tea cups
  5. Plastic tumbler
  6. water pouches and packets
  7. Plastic Straw
  8. Plastic flags irrespective of thickness

Plastic-Ban-GO-19.12

THE DIRECTIONS

1.(a) no industry or person shall manufacture, store, supply, transport.sale or distribute,’use and throwaway plastics’.

(b) No person including a shopkeeper, vendor, wholesaler, retailer, trader, hawker or salesmen shall use,’use and throwaway plastics’:

Provide that the plastic used for the following purposes are exempted

  • The plastic carry bags manufactured exclusively for export purpose against any export order in a plastic industry located in the special economic zone(SEZ) and export-oriented units(EOU)
  • The plastic bags which constitute or form an integral part of packaging in which goods are sealed prior to use at manufacturing/processing units.
  • The plastic bags and sheets used in forestry and horticulture nurseries against the orders from the government departments
  • The plastic used for packing of milk and milk products(dairy products), oil medicine and medical equipment.
  • Carry bags made from compostable plastics bearing a label”compostable” and conforming to the Indian standard: IS or ISO 17088:2008 titled as specifications for “compostable plastics”

2.(a) The commissioners in respect of the municipal corporations and the district collectors, in respect of the local areas other than municipal corporations shall ensure prevention of storage, supply, transport, sale, distribution and use of the above said plastic items;

(b) District environmental engineers shall ensure prevention of manufacturing of the above said plastic items

Explanation 1-“plastic” means a material which contains as an essential ingredient a high polymer such as polyethylene terephthalate, high-density polyethylene, Vinyl, low-density polypropylene, polystyrene resins,multi-materials like acrylonitrile butadiene styrene, polyphenylene oxide, polycarbonate, polybutylene terephthalate

Explanation 2-“Use and throwaway plastic” means items such as plastic carry bags or plastic flags, plastic sheets used for food wrapping, spreading on dining table etc.plastic plates, plastic coated teacups, and plastic tumbler, water pouches and packets, plastic straw, irrespective of the thickness

Explanation 3-“plastic sheet” means sheet made of plastic.

Explanation 4– “carry bag” means  bag made from plastic material, used for the purpose of carrying or depending commodities which have a self-carrying feature but do not include a bag that constitutes or form an integral part of the packaging in which goods are sealed prior to use.

Explanation 5– The word “compostable plastic” means plastic that undergoes degradation by biological processes during composting to yield carbon dioxide water, inorganic compounds and biomass at a rate consistent with other known compostable materials, excluding conventional petro-based plastics, and does not leave visible distinguishable or toxic residue

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