EN 
| SUMMARY OF PRESS RELEASE ISSUED ON 22.12.2018 The government has issued some clarificatory changes that shall be carried out in the formats/instructions according to which the annual return/reconciliation statement is to be submit - Amendment of headings in the forms to specify that the return in FORM GSTR-9 & FORM GSTR-9A would be in respect of supplies etc. ‘made during the year’ and not ‘as declared in returns filed during the year; - All returns in FORM GSTR-1 & FORM GSTR-3B have to be filed before filing of FORM GSTR-9 & FORM GSTR-9C; - All returns in FORM GSTR-4 have to be filed before filing of FORM GSTR-9A; - HSN code may be declared only for those inward supplies whose value independently accounts for 10% or more of the total value of inward supplies; - Additional payments, if any, required to be paid can be done through FORM GST DRC-03 only in cash; - ITC cannot be availed through FORM GSTR-9 & FORM GSTR-9C; - All invoices pertaining to previous FY (irrespective of month in which such invoice is reported in FORM GSTR-1) would be auto-populated in Table 8A of FORM GSTR-9; - Value of “non-GST supply” shall also include the value of “no supply” and may be reported in Table 5D, 5E and 5F of FORM GSTR-9; - Verification by taxpayer who is uploading reconciliation statement would be included in FORM GSTR-9C. ted by the taxpayers: - Amendment of headings in the forms to specify that the return in FORM GSTR-9 & FORM GSTR-9A would be in respect of supplies etc. ‘made during the year’ and not ‘as declared in returns filed during the year; - All returns in FORM GSTR-1 & FORM GSTR-3B have to be filed before filing of FORM GSTR-9 & FORM GSTR-9C; - All returns in FORM GSTR-4 have to be filed before filing of FORM GSTR-9A; - HSN code may be declared only for those inward supplies whose value independently accounts for 10% or more of the total value of inward supplies; - Additional payments, if any, required to be paid can be done through FORM GST DRC-03 only in cash; - ITC cannot be availed through FORM GSTR-9 & FORM GSTR-9C; - All invoices pertaining to previous FY (irrespective of month in which such invoice is reported in FORM GSTR-1) would be auto-populated in Table 8A of FORM GSTR-9; - Value of “non-GST supply” shall also include the value of “no supply” and may be reported in Table 5D, 5E and 5F of FORM GSTR-9; - Verification by taxpayer who is uploading reconciliation statement would be included in FORM GSTR-9C Please read more: http://pib.nic.in/PressReleseDetail.aspx?PRID=1557060 |
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