9911796707
TMI BlogParticipation of Taxpayers and GST Practitioners in User Acceptance Testing of New Returns Offline Tool and online version of Form GST ANX-1 and Form GST ANX-2.X X X X Extracts X X X X X X X X Extracts X X X X ..... program is imperative for the success of the new return scheme. In accordance with the transition plan approved by the Council, GSTN has already implemented the following measure: a. GST New Return Offline Tool has been released on trial basis on the GST Portal b. In this trial version of the New Returns Offline Tool, Form GST ANX-1, Form GST ANX-2 (with Matching Tool built in it) and a template for Purchase Register (which will be used to import data of purchase register for matching) has been released. From 1st April 2020, taxpayers will be required to file the new GST return & they need to be familiar with new return functionality. Active participation of the taxpayers and GST practitioners in this trial return drive will enable to give their proper feedbacks/suggestions to improve the GST new return tool. Department of State Tax of Maharashtra is going to contact the selected taxpayer / GST practitioner through the Jurisdictional Nodal Officers for filing of ANX-1, ANX-2 and new dummy GST return. Taxpayers other than the selected list can voluntarily participate in this new return filing drive and give their valuable suggestion and feedback. 2. The important salient featu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and have made supplies to consumers and un-registered persons (B2C) and to registered persons (B2B) can file this return based on FORM GST ANX - 1 and FORM GST ANX - 2 on quarterly basis, but pay tax on monthly basis through FORM GST PMT-08. Taxpayers opting to file quarterly return as 'Sugam' shall be allowed to declare outward supply under B2C and B2B category and inward supplies attracting reverse charge only. The tax payer making supplies through e-commerce operators or making supply other than supplies to consumers and un-registered persons (B2C) and to registered persons (B2B) are not eligible to file Sugam return. Such tax payers shall not be allowed to take credit on missing invoices. However, such taxpayers may make Nil rated, exempted or Non-GST supplies which need not be declared in said return. Taxpayers filing return as Sugam can switch over to Sahaj return only once in a financial year at the beginning of any quarter. Also taxpayers filing return as Sugam can switch over to Quarterly (Normal) return more than once in a financial year at the beginning of any quarter. All Returns are essentially prepared on the basis of two forms namely GSTANX-1 and GST ANX-2. 3. F ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ANX-2 and recipient(s)can take action on the auto populated documents to - accept, reject or to keep pending on continuous basis after 10th of the following month on which it was uploaded by supplier. Accepted documents would not be available for amendment at the corresponding supplier's end. Supplier may edit rejected documents before filing subsequent return. However, credit will be available to recipient through next FORM GST ANX-2. The tax liability will be accounted for in the same tax period. Pending invoices will not be available for amendment by the supplier until rejected by the recipient. a. Status of return filing (not filed, filed) by the supplier will also be made known to the recipient in FORM GST ANX-2 of the tax period after the due date of return filing is over. Recipients would be able to check the return filing status of the suppliers. This status, however, does not affect the eligibility or otherwise of input tax credit which will be decided as per the Act read with the rules made thereunder. b. Returns not filed for consecutive two months by the supplier- Indication in FORM GST ANX-2 to the recipient that credit shall not be available. However, uploaded in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on the GST Portal under "Help" section (click here for details https://www.gst.gov.in/help/newreturns). 5. Option to file NIL return through SMS will be provided. 6. Harmonized System of Nomenclature (HSN) code will be needed in order to submit details at invoice level. 7. Inward supplies which are liable to RCM have to be declared in FORM GST ANX-1 at the GSTN level, by the recipient of supplies. 8. Matching tool is available which will help the taxpayer to match their Input Tax Credit based on their FORM GST ANX - 2 and purchase register. 9. The issues and problems being encountered at the time of testing of ANX-1 and ANX- 2 can be shared as feedback or suggestions with the GSTN by filling in the template (a special sheet that has been provided in GST portal) and mailing the same to [email protected] marking a copy to Jurisdictional Nodal Officer. 10. Taxpayers are requested to use the New Return Offline Tool extensively and give their feedback on the functionality available in the Tool at the Grievance Redressal Portal by clicking on https://selfservice.gstsystem.in/ and selecting FEEDBACK ON NEW RETURNS Tab. It may be noted that the feedback given by taxpay ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
