Tag: gstn
GSTN Advisory on Auto-population of e-invoice details into GSTR-1
GSTN: From 1-10-2020, certain notified taxpayers have been issuing invoices after obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’). From 1-1-2021, the taxpayers with aggregate turnover above Rs. 100 Cr. had also started reporting invoices to IRP.Details from the reported e-invoices are being auto-populated in respective tables of GSTR-1. Update on the […]
Read moreGSTN issued FAQs on Aadhaar Authentication for Existing Taxpayers on GST Portal
1. Functionality for Aadhaar Authentication and e-KYC where Aadhaar is not available, has been deployed on GST Common Portal w.e.f. 6th January, 2021, for existing taxpayers. All taxpayers registered as Regular Taxpayers (including Casual Taxable person, SEZ Units/Developers), ISD and Composition taxpayers can do their Aadhaar Authentication or e-KYC on GST Portal. This is not […]
Read moreGSTN issued advisory on Invoice Furnishing Facility (IFF) for Taxpayers under QRMP Scheme
1. An Invoice Furnishing Facility (IFF) facility has been provided to taxpayers under QRMP Scheme (Quarterly filers of Form GSTR-1 and also of Form GSTR-3B returns), as per sub-rule (2) of Rule-59 of the CGST Rules, 2017. Taxpayers who have opted for quarterly filing frequency under the scheme can file their details of outward supplies (B2B invoices […]
Read moreGSTR 9C Offline Utility for FY 2019-20 is now available on GST Portal
GSTR 9C Offline Utility: Form GSTR 9C is a statement of reconciliation of the Annual Returns in GSTR-9 filed for a Financial Year with the figures as per the audited annual Financial Statements of the taxpayer. Due Date of GST Annual Return, GSTR 9 & GSTR 9C for FY 2019-20 was 31st December, 2020. However, due to outbreak […]
Read moreGSTN: Auto-population of e-invoice details into GSTR-1/ 2A/ 2B/ 4A/ 6A
1. Certain notified taxpayers have been issuing invoices after obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoice’). Details from such e-invoices shall be auto-populated in respective tables of GSTR-1. Update on the status of such auto-population was last published on 30/11/2020. 2. For those taxpayers who had started e-invoicing from 1-10-2020, the […]
Read moreGSTN: Features of new “Communication between Taxpayers” Facility in GST Portal
GSTN has launched new facility of “Communication between Taxpayers” functionality facilitate in sending and receiving notifications to /from another taxpayer. All taxpayers except TDS, TCS and NRTP taxpayers are eligible to use Communication Between Taxpayers facility. TDS, TCS and NRP taxpayers will not be able to see the link Communication Between Taxpayers under the Services […]
Read moreGSTN: Ignore prompt on liability for inward supplies attracting reverse charge in Table-3.1 (d)
GSTN: The system has started providing auto-populated GSTR-3B on the basis of GSTR-1 and GSTR-2B from the tax period of November 2020 onwards. In this auto-populated GSTR-3B, liability on account of inward supplies attracting reverse charge auto-populated in Table-3.1(d) is also drawn from GSTR-2B of the taxpayer for the said tax period. The values in GSTR 2B […]
Read moreGSTN: Update on delay in auto-population of e-invoice details into GSTR-1
GSTN: Certain notified taxpayers have been preparing and issuing invoices by obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’). Details from such e-invoices are be auto-populated in respective tables of GSTR-1. An update on the status of such auto-population was earlier published on 13/11/2020. Due to some unanticipated issues, there has […]
Read moreGSTN: Salient features of Quarterly Return filing & Monthly Payment of Taxes (QRMP) Scheme
Goods and Service Tax Network (GSTN) has released Salient features of Quarterly Return filing & Monthly Payment of Taxes (QRMP) Scheme. 1 Who can opt for the QRMP scheme? Following registered person (hereinafter RP) can file quarterly returns and pay tax on monthly basis w.e.f. 01.01.2021 : An RP who is required to file Form […]
Read moreGSTN: Auto-population of e-invoice details into GSTR-1
GSTN: Certain notified taxpayers have to prepare and issue their invoices by obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as ‘e-invoices’). Upon successful generation of IRN, details of such e-invoices will be auto-populated in respective tables of GSTR-1. The details of e-invoices available for auto-population along with status of auto-population […]
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