Tax Management India. Com
                        Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms SMS News Articles
Highlights
D. Forum
What's New

Share:      

        Home        
 
Home Notifications 2020 GST GST - 2020 This
← Previous Next →
  • Login
  • Plus+

 

User Login
Username  
Password  
Stay sign in     

Forget password       New User/ Regiser



 

Central Goods and Services Tax (Twelveth Amendment) Rules, 2020. - 79/2020 - Central GST (CGST)

Extract

..... or services for which specified number of digits of Harmonised System of Nomenclature code shall be required to be mentioned by all registered taxpayers; and (iii) the class of registered persons that would not be required to mention the Harmonised System of Nomenclature code for goods or services:”. 3. In the said rules, for rule 67A, the following rule shall be substituted, namely: - “67A. Manner of furnishing of return or details of outward supplies by short messaging service facility.- Notwithstanding anything contained in this Chapter, for a registered person who is required to furnish a Nil return under section 39 in FORM GSTR-3B or a Nil details of outward supplies under section 37 in FORM GSTR-1 or a Nil statement in FORM GST CMP-08 for a tax period, any reference to electronic furnishing shall include furnishing of the said return or the details of outward supplies or statement through a short messaging service using the registered mobile number and the said return or the details of outward supplies or statement shall be verified by a registered mobile number based One Time Password facility. Explanation. - For the purpose of this rule, a Nil return or Nil det .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Central Goods and Services Tax (Twelveth Amendment) Rules, 2020. - 79/2020 - Central GST (CGST)

X X   X X   Extracts   X X   X X

..... uding supplies attracting reverse charge GSTIN of supp-lier Trade/ Legal name Invoice details Rate (%) Tax- able value Amount of tax Place of supply (Name of State/ UT) Supply attra- cting reverse charge (Y/N) GSTR- 1/5 period GSTR- 1/5 filing date GSTR- 3B filing status (Yes/ No) Amen- dment made, if any (GSTIN, Others) Tax period in which amended Effe- ctive date of cance -llation, if any No. Type Date Value Integrated tax Central tax State/ UT tax Cess 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 4. Amendment to Inward supplies received from a registered person including supplies attracting reverse charge (Amendment to 3) Details of original Document Revised details Rate (%) Taxable value Amount of tax Place of supply (Name of State/ UT) Supply attra -cting reverse charge (Y/N) GSTR- 1/5 period GSTR- 1/5 filing date GSTR- 3B f iling status (Yes / No) Amend -ment made (GSTIN, Others) Tax period of original record Effective date of canc -ellation if any, No. Date GSTIN Trade / Legal name No. Type Date Value Integ-rated tax Cen tral tax State/ UT tax Cess 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 5. Debit / Credit notes received during current tax period GSTIN .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Central Goods and Services Tax (Twelveth Amendment) Rules, 2020. - 79/2020 - Central GST (CGST)

X X   X X   Extracts   X X   X X

..... of entry details Amount of tax Amended (Yes/ No) Port code No. Date Value Integrated tax Cess 1 2 3 4 5 6 7 8 11. Inward supplies of goods received from SEZ units / developers on bill of entry (including amendments thereof) GSTIN of the Supplier (SEZ) Trade / Legal name ICEGATE Reference date Bill of Entry details Amount of tax Amended (Yes/ No) Port code No. Date Value Integrated tax Cess 1 2 3 4 5 6 7 8 9 10 Instructions: 1. Terms Used :- a. ITC - Input tax credit b. ISD - Input Service Distributor 2. Important Advisory: FORM GSTR-2A is statement which has been generated on the basis of the information furnished by your suppliers in their respective FORMS GSTR-1,5,6,7 and 8. It is a dynamic statement and is updated on new addition/amendment made by your supplier in near real time. The details added by supplier would reflect in corresponding FORM GSTR-2A of the recipient irrespective of supplier’s date of filing. 3. There may be scenarios where a percentage of the applicable rate of tax rate may be notified by the Government. A separate column will be provided for invoices / documents where such rate is applicable. 4. Table wise instructions: Table No. and Heading Instructio .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Central Goods and Services Tax (Twelveth Amendment) Rules, 2020. - 79/2020 - Central GST (CGST)

X X   X X   Extracts   X X   X X

..... hich the invoice was reported originally and type of amendment will also be provided. For example, if a supplier has filed his invoice INV-1 dated 10th November 2019 in his FORM GSTR-1 of November 2019, the invoice will be reflected in FORM GSTR-2A of November, 2019. If the supplier amends this invoice in FORM GSTR-1 of December 2019, the amended invoice will be made available in Table 4 of FORM GSTR-2A of December 2019. The original record present in Table 3 of FORM GSTR-2A of November 2019 for the recipient will now have updated columns of amendment made (GSTIN, others) and tax period of amendment as December 2019. 5 Debit / Credit notes received during current tax period i. The table consists of the credit and debit notes (including credit/debit notes relating to transactions on which reverse charge is applicable) which have been saved/filed by your suppliers in their FORM GSTR-1 and 5. ii. If the credit/debit note has been amended subsequently, tax period in which the note has been amended will also be provided. iii. Note Type: Credit Note Debit Note iv. Note supply type: R- Regular (Other than SEZ supplies and Deemed exports) SEZWP- SEZ supplies with payment of tax SEZWOP- SEZ .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Central Goods and Services Tax (Twelveth Amendment) Rules, 2020. - 79/2020 - Central GST (CGST)

X X   X X   Extracts   X X   X X

..... to details of the ISD invoices and ISD credit notes which have been saved/filed by an input service distributor in their FORM GSTR-6. 9 TDS / TCS credit Received i. The table consists of the details of TDS and TCS credit from FORM GSTR-7 and FORM GSTR-8 and its amendments in a tax period.. ii. A separate facility will be provided on the common portal to accept/ reject TDS and TCS credit. 10 & 11 Details of Import of goods from overseas on bill of entry and from SEZ units and developers and their respective amendments i. The table consists of details of IGST paid on imports of goods from overseas and SEZ units / developers on bill of entry and amendment thereof. ii. The ICEGATE reference date is the date from which the recipient is eligible to take input tax credit. iii. The table also provides if the Bill of entry was amended. iv. Information is provided in the tables based on data received from ICEGATE. Information on certain imports such as courier imports may not be available. ”. 9. In the said rules, in FORM GSTR-5, - (i). in the table, - (a) in serial number 2, after entry (c), the following entries shall be inserted, namely: - “(d) ARN Auto Populated (e) Date .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Central Goods and Services Tax (Twelveth Amendment) Rules, 2020. - 79/2020 - Central GST (CGST)

X X   X X   Extracts   X X   X X

..... (based on Table 6) 3. Others (based on Table 6) ". 11. In the said rules, in FORM GSTR-9, - (i) in the Table, - (a) against serial number 8C, in column 2, for the entry, the following entry shall be substituted, namely: - “ITC on inward supplies (other than imports and inward supplies liable to reverse charge but includes services received from SEZs) received during the financial year but availed in the next financial year up to specified period”; (b) against Pt. V, for the heading, the following heading shall be substituted, namely: - “Particulars of the transactions for the financial year declared in returns of the next financial year till the specified period.”; (ii) in the instructions, - (a) after paragraph 2, the following entry shall be inserted, namely,- “2A. In the Table, against serial numbers 4, 5, 6 and 7, the taxpayers shall report the values pertaining to the financial year only. The value pertaining to the preceding financial year shall not be reported here.” (b) in paragraph 4, - (A) after the words, letters and figures, “that additional liability for the FY 2017-18 or FY 2018-19”, the word, letters and figures & .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Central Goods and Services Tax (Twelveth Amendment) Rules, 2020. - 79/2020 - Central GST (CGST)

X X   X X   Extracts   X X   X X

..... e.”; (F) against serial number 8C, for the entries, the following entry shall be substituted, namely:- “Aggregate value of input tax credit availed on all inward supplies (except those on which tax is payable on reverse charge basis but includes supply of services received from SEZs) received during the financial year for which the annual return is being filed for but credit on which was availed in the next financial year within the period specified under Section 16(4) of the CGST Act, 2017.”; (d) in paragraph 7, - (A) after the words and figures “April 2019 to September 2019.”, the following shall be inserted, namely: - “For FY 2019-20, Part V consists of particulars of transactions for the previous financial year but paid in the FORM GSTR-3B between April 2020 to September 2020.”; (B) in the Table, in second column, - (I) against serial number 10 & 11, after the entries, the following entry shall be inserted, namely: - “For FY 2019-20, Details of additions or amendments to any of the supplies already declared in the returns of the previous financial year but such amendments were furnished in Table 9A, Table 9B and Table 9C of FO .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Central Goods and Services Tax (Twelveth Amendment) Rules, 2020. - 79/2020 - Central GST (CGST)

X X   X X   Extracts   X X   X X

..... ules, in FORM GSTR-9C, in the instructions, - (i) in paragraph 4, in the Table, in second column, for the letters, figures and word “FY 2017-18 and 2018-19” wherever they occur, the letters, figures and word “FY 2017-18, 2018-19 and 2019-20” shall be substituted; (ii) in paragraph 6, in the Table, in second column, for the letters, figures and word “FY 2017-18 and 2018-19” wherever they occur, the letters, figures and word “FY 2017-18, 2018-19 and 2019-20” shall be substituted. 13. In the said rules, in FORM GST RFD-01, in Annexure-1, in Statement-2, in the heading the brackets, word and letters “(accumulated ITC)”, shall be omitted. 14. In the said rules, in FORM GST ASMT-16, for the table, the following table shall be substituted, namely: - “Sr. No. Tax Rate Turnover Tax Period Act POS (Place of Supply) Tax Interest Penalty Fee Others Total From To 1 2 3 4 5 6 7 8 9 10 11 12 13 Total ”. 15. In the said rules, in FORM GST DRC-01, after entry (c), for the table, the following table shall be substituted, namely: - “Sr. No. Tax rate Turnover Tax Period Act POS (Place of Supply) Tax Interest Penalty Fee Othe .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Central Goods and Services Tax (Twelveth Amendment) Rules, 2020. - 79/2020 - Central GST (CGST)

X X   X X   Extracts   X X   X X

 

← Previous Next →

 

 

 

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||