REGISTRATION & DATA MIGRATION SMT.K.HARITHA Deputy Commissioner (CT) Punjagutta Division SMT.K.SITA LAKSHMI Deputy Commissioner (CT) Abids Division Registration Where Where can I register under GST? Is online registration mandatory? www.gst.gov.in Must be taken online Some Highlights One-interface Processing
One online portal for all requirements Processing within 3 common working days Instant Updates Secure Transactions Get instant updates for all transactions via email & SMS All transactions encrypted to protect your data Form-filling Made Easy 100% Transparency Single Application for approval from centre & state
Check the status of your application anytime Registration Who Suppliers making interstate supply Casual taxable persons Embassies Other Notified Persons (e.g. Government Departments) Anyone liable for reverse charge Non-resident Taxable Persons Tax Deductors / Tax
Collectors under GST Input Service Distributors (ISD) E-Commerce Operators Agents for registered principal Supplies > INR 20L (10L for some states) UN Bodies Core Fields Core fields include:
Name of Business All Stakeholders Details Principal Place of Business Must provide valid reason & prescribed documents Requires approval from Tax Official Non-core Fields All other fields No reasons or documents required No approval required from Tax Official You can do edit non-core fields online on your own! How to Login in GST Portal * GSTN Provisional ID and Temporary password.
(All the Existing Registered dealers of Telangana will receive an E-Mail with GSTN Provisional ID and Temporary password. Mandatory fields to be prepared for GST Signup BUSINESS DETAILS Details of Your Business 1. Legal Name of Business : 2. Constitutional of Business : 3. PAN of Business : 4. State : 5. State Jurisdiction : 6. Broad/ Circle/ Sector No. : 7. Centre Jurisdiction : 8. Option for Compensation :
9. Date on which liability to pay Tax arises : 10.Are you a Casual Dealer : Y/N 11.Period for which Registration records 12.Reason of liability to obtain Registration : : Mandatory fields to be prepared for GST Signup PROMOTORS / PARTNERS Details of stake holders (separately to be prepared for each) Personal Information First Name : Name of the Father / Husband : (First Name) Date of Birth : Mobile No. : Gender :
Identity Information Designation : Director Identification No. : (Note: To be filled on the basis of requirement) PAN : Residential Address Building No./Flat No Street/road Locality/village State District/city Pin Code : : : : : :
Mandatory fields to be prepared for GST Signup AUTHORIZED SIGNATORY Personal Information First Name Name of Father / Husband Date of Birth Mobile No. Email Address Gender : : (First Name) : : : Identity Information Designation : Director of Identification No. PAN
: : (Note: To be filled on the basis of requirement) Residential Address Building No./Flat No Street/Road Locality /Village State City/District Pin Code : : : : : : Mandatory fields to be prepared for GST Signup AUTHORIZED REPRSENTATIVE
Details of Authorized Representative 1. Enrolment ID : PRINCIPAL PLACE OF BUSINESS Address 1. Building No./Flat No 2. Street/Road 3. Locality/village 4. State 5. City/District 6. Pin Code Contact Information : : : : : :
7. Office Email Address : 8. Mobile No. : 9. Nature of possession of premises :Rent/Own/Lease.. Mandatory fields to be prepared for GST Signup BANK ACCOUNTS Bank Account maintained by You for conducting Business 1. Total No. of Bank Account 2. Account No. 3. Types of Account 4. Bank IFSC : (Details for all account) : :
: VERIFICATION 5. Authorized Signatory Name 6. Place : : Upload Document Details 1 BUSINESS DETAIL 1. Registration certificate of Business entity 2. Partnership deed(if applicable) PDF/JPEG(1MB) 2 PROMOTERS/PARTNERS (each) Photograph
JPEG(100KB) 3. AUTHORISED SIGNATORY 1.Proof of appointment of Authorized Signatory 2.Photo PDF/JPEG(1MB) JPEG(100KB) 4 PRINCIPAL PLACE OF BUSINESS Proof of principal place of business PDF/JPEG(1MB) 5
ADDITIONAL PLACE OF BUSINESS(each) Proof of Additional place of business PDF/JPEG(1MB) 6 BANK ACCOUNTS(each) Statement/First page PDF/JPEG(1MB) On successful uploading of all details and documents, application to be submitted with DSC(compulsory for Companies & LLPs) or e-signature ARN is generated Migration process complete Verification of documents done by department
RETURNS RETURNS Features of Tax Returns in GST Based on transactions Invoice based Designed for system based matching of Input Tax Credit and other details (import, export etc.) Auto-population from details of outward supplies Auto-reversal of ITC in case of mismatch Concepts of ledgers cash, ITC and liability No revised returns changes through amendments to original details 15 Overview of GST Returns Monthly Quarterly GSTR 4 Compounding taxpayer GSTR 1 Statement of Outward Supplies
GSTR 2 Statement of Inward Supplies GSTR 3 Monthly GST Return GSTR 5 Non-resident taxable persons GSTR 6 Input Service Distributor (ISD) Return Annual GSTR 9 Annual GST Return GSTR 9A Annual return for Compounding Taxpayer GSTR 9B Reconciliation Statement GSTR 7 Tax Deduction at Source (TDS) return Unscheduled GSTR 8 Tax Collection at Source (TCS) Return GSTR 11 Inward Supplies for Government Bodies GSTR 10 Final return after cancellation, within three month of cancellation GSTR 1, GSTR 2, & GSTR 3: Due Date for Filing
GSTR 1 10th of every month GSTR 2 GSTR 3 15th of every month 20th of every month GSTR 4, GSTR 5, & GSTR 6: Due Date for Filing GSTR 4 18th of the month following end of financial quarter GSTR 5* GSTR 6
20th of every month 13th of every month Important: For GSTR 5 non-resident taxable persons, final return must be filed by the 20th of the succeeding calendar month or within 7 days of expiration of registration whichever is earlier. GSTR 7, GSTR 8, & GSTR 9: Due Date for Filing GSTR 7 GSTR 8 10th of every month 10th of every month *For previous financial year
GSTR 9* 31st December Where can I file my GST Returns? GST Portal Through a GSP www.gst.gov.in GST Suvidha Provider GST Offline Utility Software GSTR 1: Statement for Outward Supplies In the GSTR 1, invoices are uploaded by the Supplier Taxpayer. Invoice uploaded in GSTR 1 for a financial year can be modified before filing of September GSTR 3 of next financial year or filing of annual return, whichever is
earlier. E-commerce sales transactions are captured explicitly in GSTR 1. B2B & B2C transactions are captured separately in GSTR 1. GSTR 1: Statement for Outward Supplies A Supplier Taxpayer is required to prepare GSTR 1 wherein they will report invoice level information. GSTR 1 needs to be filed even if there is no business activity (i.e. Nil Return) during the period of return. Supplier Taxpayer will file return in electronic form only. Invoices for IGST, CGST/SGST will be issued separately (in other words, one invoice cant have IGST as well as SGST/CGST). An invoice cant have two different places of supply. POS should be a mandatory field in the inter-state invoice. Bulk upload facilities are available for suppliers who have above specified entries per month. GSTR 2A: Draft of GSTR 2 GSTR 2A contains an auto populated list of all invoices received from all Suppliers Taxpayers corresponding returns for the given tax period; these invoices can be acted upon directly in the GSTR 2 before filing.
Before filing the GSTR 2, Receiver Taxpayer shall take action on all the invoices received in the GSTR 2A. Receiver Taxpayer can accept, reject, & modify any pending invoices received in the GSTR 2A. Also, receivers can park items for next tax period & such items will roll over to next months GSTR 2. Accepted & Modified Invoices will flow to GSTR 2 & in case of Rejection only an intimation will be sent to Taxpayer & Tax Officer. GSTR 2A is a read-only document & will be available for view even after the tax period is over. GSTR 2: Statement of Inward Supplies Receiver Taxpayer can Add any missing invoices in the GSTR 2. GSTR 2 is editable until receiver taxpayer has acted upon all the invoices received from all the supplier taxpayers (bulk approval/rejection is possible in GSTR 2). Receiver taxpayer may choose to not act upon one or more invoices which will carry the pending status & may be acted upon in subsequent tax periods. After executing all the necessary actions, receiver taxpayer can file the GSTR 2. GSTR 2 needs to be filed even if there is no business activity (i.e. Nil Return) during the period of return. Receiver Taxpayer will file return in electronic form only.
GSTR 2 can be filed only after 10th of the succeeding month. Why? GSTR 1A: Addendum to GSTR 1 In the event of any amendment to an invoice or addition (in GSTR 2 of Receiver Taxpayer), the amended/added invoice(s) will auto populate the GSTR 1A of the Supplier Taxpayer. This will happen in case of any error or discrepancy in the invoice level details at suppliers end. The Supplier Taxpayer can Accept or Reject the amended/added invoice. If Supplier Taxpayer accepts the amendment/addition, their GSTR 1 will be auto-amended & liabilities will be updated accordingly. In case they reject the amendment/addition, there will be no impact on their GSTR 1 & associated liabilities. GSTR 1A: Addendum to GSTR 1 What will happen in case the Supplier Taxpayer rejects the amended invoice? It will lead to a mismatch. However, there are two possible scenarios: 1. Mismatch Report will be created 2. Supplier Taxpayer, Receiver Taxpayer & Tax Official(s) will be intimated
GSTR 3: The Consolidated Monthly Return Precondition - GSTR 1 & GSTR 2 must be filed successfully. Summary of business transaction details for the tax period auto populated on the basis of GSTR 1 & GSTR 2. Must be filed even if there is no business activity (NIL Return). ITC Matching and Reversal All returns filed with payment of taxes are treated as valid return Self assessment ITC to be allowed on filing of return Provisionally allowed for payment of taxes in that return as per his claim After filing of return ITC claims checked for duplication ITC claims matched with tax paid in valid returns Claims that come as a result of auto-population taken as matched if tax paid by supplier Uploaded invoices matched with supply invoices 28 ITC Matching and Reversal Duplicate claims communicated to recipient and unmatched claims communicated to both
ITC claimed on duplicate invoice added in next return Unmatched invoices Either supplier owns up in next return and uploads it as part of his next months GSTR-1 match in that return cycle Otherwise, ITC claim remains unmatched in next month return and gets added in next return 29 Valid Return Unless tax is paid, the return does not go for matching ITC for invoices that have been uploaded but tax not paid will get reversed ITC claimed in a return that is not valid available only for utilisation for liability in that return No tax payer can file a monthly return unless he has filed a valid return for previous months return If a State has transferred funds to Centre and supplier fails to pay SGST, the recipient shall pay the SGST credit used but not paid If a State has transferred funds to Centre and supplier fails to pay IGST, the recipient shall pay the IGST credit used but not paid 30
Correction in returns No Revision of returns As per the return taxes have already been paid and fund transfers already settled No significance as the basis now is individual transaction All changes through amendments in subsequent returns If an invoice has been left out in GSTR-1 or GSTR-2 can be uploaded in subsequent returns If any invoice has been wrongly entered but remains unmatched can be amended in subsequent returns 31 Correction in returns Post transaction changes to be done through debit or credit notes Other details like B2C supplies can be amended in subsequent returns Delayed uploading coupled with payment of interest All changes, credit or debit notes to be carried
out before September of the next financial year To enable any auto-reversal before Annual Return 32 PAYMENTS PAYMENTS Taxable Person Registration Tax liability register ITC Ledger Cash Ledger Electronic liability Register The electronic tax liability Register/Ledger shall be maintained
in FORM GST PMT 01. The electronic tax liability register of the person shall be debited by: a) Tax, interest, late fee or any other amount payable as per return furnished by the dealer. b) Amount of tax, interest, and any other payment determined by the proper officer. c) The amount of interest payable as a result of mismatch. d) Any amount of interest that may accrue from time to time. Form GST PMT 01 (See Rule ---- ) Electronic Liability Register of Taxable Person (PartI: Return related liabilities) (To be maintained at the Common Portal) GSTIN Name (Legal) Trade name, if any Tax Period _ Act - CGST/SGST/UTGST /IGST/CESS /All (Amount in Rs.) Sl.No. Date (dd/ Ref. No. Ledger Description mm/yyyy used for
) discharging liability 1 2 3 4 5 Type of Transaction [Debit (DR) (Payable)] / [Credit (CR) paid)/] 6
Amount debited / credited Balance (Payable) (CGST/SGST/UTGST/IGST/CESS/ Total) (CGST/SGST/UTGST/IGST/CESS/ Total) Tax Intere Pena Fee Other Tota Tax Inter Penal Fee Oth Tota st lty s l est ty ers l 7 8 9 10 11
12 13 14 15 16 17 18 Form GST PMT 01 (See Rule ---- ) Electronic Liability Register of Taxable Person (PartII: Other than return related liabilities) (To be maintained at the Common Portal) Demand ID -- GSTIN/Temporary Id Demand date -
Name (Legal) Stay status Stayed/Un-stayed Trade name, if any - Period - From ------- To -------- (dd/mm/yyyy) Act - CGST/SGST/UTGST /IGST/CESS /All (Amount in Rs.) Sl.No. Date Ref. Tax Period Ledger Descriptio Type of Transaction Amount debited / Balance (Payable) (dd/m No. if used for n [Debit (DR) (Payable)] credited m/yyyy applicable dischargin / [Credit (CR) paid)/ (CGST/SGST/UTGST/IGST ) g liability
Reduction (RD)/ /CESS/Total) Refund adjusted (RF)/] (CGST/SGST/UTGST/IGST/CESS/T otal) Tax Int Pen Fe Ot Tot Tax Int Pen Fe Ot Tota Statu ere alty e he al ere alty e her l s st rs st s (Stay ed / Unstaye d) 1 2
3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Form GST PMT 02 (See Rule ---- ) Electronic Credit Ledger of Registered Person (PartI: Return related liabilities) (To be maintained at the Common Portal) GSTIN Name (Legal) Trade name, if any Period - From ------- To -------- (dd/mm/yyyy) Act - CGST/SGST/UTGST /IGST/CESS /All (Amount in Rs.)
S.No. 1 Date Ref. No. Tax Description (dd/mm Period if ( Source of /yyyy) any credit & purpose of utilisation) 2 3 4 5
Transaction Type (Debit (DR) / Credit (CR)] 6 Credit / Debit Balance available CG SG UT IG CSE To CGS SG UT IG CEES Tot ST ST GS ST E tal T ST GS ST al T T 7 8 9
10 11 12 13 14 15 16 17 Form GST PMT 05 (See Rule ---- ) Electronic Cash Ledger (To be maintained at the Common Portal) GSTIN Name (Legal) Trade name, if any Period - From ------- To -------- (dd/mm/yyyy) Act - CGST/SGST/UTGST /IGST/CESS /All (Amount in Rs.) Sr.No Date of Time of deposit deposit /Debit(dd/ mm/yyyy) Reporting date (by bank)
Ref. No. Tax Descripti Type of Amount debited Balance period if on Transaction /credited applicabl (Debit/(DR) (CGST/SGST/UTGST/IGST e / Credit (CR) /CESS/Total) (CGST/SGST/UTGST/IGST/ CESS/Total) Tax Inte Pen Fe Oth Tot Tax Inte Pe Fee Oth Total rest alty e ers al rest nal ers
Electronic payment process- no generation of paper at any stage. Single point interface for challan generation GSTN. Ease of payment - three modes including CC/DC & NEFT/RTGS. Common challan form with auto-population features. Use of single challan and single payment instrument. Common set of authorized banks.
Payment through any bank. Common Accounting Codes. Current System Vs. GST System Current System Under GST System E-payment. OTC only unto certain limit; RTGS/NEFT Mode of payment E-payment, cheque and cash. Challans Manually filled and/or Online. GST Portal generated.
Challans Multiple under various laws One for all taxes under GST. Few Authorized banks. Authorised banks as decided by RBI. (e-banking). Other Banks not allowed. Other banks thru NEFT/RTGS and payment Gateway. Credit Card /Debit Card Not allowed. Will be allowed. Aggregator
Focal bank of respective authorized banks. RBI thru its e-Kuber system. Number of Banks Modes of Payment under GST Payment of tax, interest, penalty, fee or any other amounts can be made: i. Through internet banking including by using Credit card (CC) /Debit cards (DC) (Mode I). ii. Over The Counter-OTC Payment (Rs 10000) ( Mode II). iii. Through National Electronic Fund Transfer (NEFT) / Real Time Gross Settlement (RTGS) (Mode III). Rules for Utilization of Amount in Electronic Ledger Amount available in the electronic cash ledger under respective minor head may be used for making any payment towards: tax,
interest, penalty, Fees, or any other amount payable. Amount available in the electronic credit ledger may be used for making any payment towards: OUTPUT tax. ITC Utilization Rules ITC Utilization shall be made in the following order: Section 49 (5) (a) 1. IGST credit to set-off IGST liability. 2. IGST credit, if available, to set-off CGST liability, if any. 3. IGST credit, if available, to set-off SGST liability, if any. Section 49 (5) (b) in CGST Act 4. CGST credit to set-off CGST liability. 5. CGST credit, if available, to set-off IGST liability, if any. Section 49 (5) (b) in SGST/UTGST Act 6.
SGST/UTGST credit to set-off SGST/UTGST liability. 7. SGST/UTGST credit, if available to set-off IGST liability, if any. Section 49 (e & f): No cross utilization of credit between CGST & SGST. Rules for Discharging Liability Rules shall be applicable, in the following order for discharging liability of tax & other dues 1. self-assessed tax, and other dues related to returns of previous tax periods. 2. self-assessed tax, and other dues related to return of current tax period. 3. any other amount payable under the Act or the rules made thereunder including the demand determined under section 73 or 74 (assessment/adjudication order). Person who has paid the tax shall (unless the contrary is proved) be deemed to have passed on the full incidence of such tax to the recipient. Lets be GST
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