Viewing posts tagged GST
Details analysis of information related to ITC that needs to be reported in Table 6 of GSTR 9, the annual return.
GSTR 9 consists of outward and inward supply details, ITC claimed and adjusted and tax payment details. This blog focuses on the Outward supply details to be included in GSTR 9
As the date of September months GSTR 3B return draws closer, reconciliation becomes an important task. Matching your invoices with the supplier uploaded invoices on GST system is needed to ensure that the ITC which you intend to claim is accurate and meets all the provisions of the GST Act and rules. Read more to know how IRIS GST Reconciliation can help you with the daunting task of reconciliation
Find out what the new simplified return forms; Sahaj & Sugam are and how they will affect return filing for small taxpayers.
Currently, the details of outward supplies are filed through GSTR 1 and in the new filing regime, the details of outward supplies will be part of Annexures of the Main Return will be populated. Here is the comparative analysis of details which are provided now and what will be needed in simplified GST returns.