GST E-invoicing Is Mandatory From October 1- Consequences Of Non-Compliance
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For those who choose ‘No’ to NIL returns, click on ‘Next’, a page ‘GSTR-9 Annual Return for regular taxpayers’ is displayed. It is going to comprise various tiles for which details should be crammed. The downloaded summaries will help taxpayers with the main points to be offered in numerous tiles of GSTR-9. 1. Click on the tile. The details will likely be auto-populated on the premise of data supplied in GSTR-1 and GSTR-3B.
From January 2020 onwards, all businesses would shift to new return filing system with entities above Rs 5 crore turnover filing GST RET-1, GST ANX-1 and GST ANX-2. Those with turnover under Rs 5 crore in the earlier financial yr would have to file GST PMT-08, GST RET-01. As per the transition plan, from July 2019, users would have the ability to upload invoices using the Form GST ANX-1 offline instrument on trial foundation for familiarisation. Further, customers would also be capable of view and download, the inward provide of invoices utilizing the Form GST ANX-2 offline instrument underneath the trial programme. "The abstract of inward supply invoices would even be accessible for view on the widespread portal on-line.
Q.Forty three Can I revise Form GSTR-9 return after filing? Ans: No, you cannot revise Form GSTR-9 return after filing. Q.44 What occurs after Form GSTR-9 is filed? ARN is generated on successful filing of the return in Form GSTR-9. An SMS and an e mail is sent to the taxpayer on his registered cellular and electronic mail id. Electronic Cash ledger and Electronic Liability Register Part-I'll get updated on profitable set-off of liabilities (Late charge solely). Filed type GSTR-9 will probably be obtainable for view/obtain in PDF and Excel format.