GST Return Filing

Chapter 1: GST Return Filing (Online)

Introduction

• What is GST return?
• Who needs to file GST returns?
• Types of GST Returns and Due
• GSTR-1 and GSTR-3B (Also GSTR-2A & 2B)
• GSTR-2A (ITC data – dynamic)
• GSTR-2B
• GSTR-3B (Summary Return)
• Other Forms – At a Glance

GSTR – 1 Return

• GSTR 1 Return Filing Process
• The following are the overall steps to file GSTR1 Return:
• Step 1 – Login and Navigate to Form GSTR-1
• Step 2 – Add invoices of taxable outward supplies to a registered person (B2B)
• Table 4A, 4B, 4C, 6B, 6C – B2B Invoices
• Following details are shown:
• Step 3 – Add invoices of taxable outward supplies to an unregistered person outside the state (Interstate) and invoice value exceeding Rs. 1 Lakhs (B2C Large)
• Step 4 – Add Export Invoices
• Step 5 – Add invoices of taxable outward supplies to unregistered person outside the state (Interstate) where value is less than or equal to Rs. 1 Lakh and ALL Intra state supply (B2C Others)
• Step 6 – Add details of Nil Rated Supplies, Exempted and Non-GST Outward supplies
• Step 7 – Add details of credit or debit notes for the registered recipient
• Step 8 – Add details of credit or debit notes for the unregistered recipient
• Step 9 – Tax Liability (Advances Received)
• Step 10 – HSN-wise summary of outward supplies
• Step 11 – Documents Issued
• Step 12 – Preview and file Form GSTR-1

GSTR – 2A & 2B

• Form GSTR-2A
• Comparison of GSTR-2A with GSTR-2B

GSTR – 3B Return

• GSTR-3B Return Filing Process
• Please follow below mentioned steps to file GSTR 3B (Prepare Online)
• Step 1 – Login and Navigate to Form GSTR-3B – Monthly Return page
• Nil Return or Regular Return?
• Step 2 – Enter Details in Section – 3.1 Tax on outward and reverse charge inward supplies
• Step 3 – Enter Details in Section – 3.2 Inter-state supplies
• Step 4 – Enter ITC Details in Section – 4. Eligible ITC

Case Study 1

• Case Study 1

Case Study 2

• Case Study 2

Assignment 1

• Assignment 1

Assignment 2

• Assignment 2

GSTR-1A Return

• GSTR-1A: The Correction Window in GST

Chapter 2: GST Returns in Tally (Offline)

Introduction

• GST Return in Tally
• GSTR-1 Return in Tally

Configure in Tally

• Steps to Follow for GST Return in Tally
• Step 1: Creation of Company in Tally
• Set Up GST Rates and HSN/SAC Details

Create Ledgers

• Ledger Creation in Tally
• Step 3: Create Supplier Ledgers for GST
• Step 3A: Create Customer Ledgers for GST
• GSTIN/UIN Format
• Step 4: Create Purchase Ledgers for GST
• Step 5: Create Sales Ledgers for GST
• Step 6: Create GST Liability Ledgers

Pass Entries

• Passing Journal Entries in Tally
• Step 7: Pass Purchase Entry
• Step 8: Pass Sales Entry

Generate JSON File

• Generate & Export JSON File
• Step 9: Generate GSTR-1 Returns in JSON Format

File Returns

• File GST Returns
• Step 10: File GSTR-1 Returns

Case Study

Assignment