15/08/2020
๐๐๐ฌ ๐๐๐๐ฉ๐ช๐ง๐๐จ ๐๐ฃ ๐๐๐ ๐๐๐ฉ๐ช๐ง๐ฃ๐จ ๐ฉ๐ค ๐๐ ๐ก๐๐ช๐ฃ๐๐๐๐ ๐ฃ๐๐ญ๐ฉ ๐ข๐ค๐ฃ๐ฉ๐
๐๐ผ๐ผ๐ฑ ๐ฎ๐ป๐ฑ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐ ๐ง๐ฎ๐
(๐๐ฆ๐ง) assessees in the country, numbering 1.2 crores, will have an improved form to file returns from September. The government imposes a new GST return system and to continue with a modified version of existing return and this return supposed to be launched on October Month.
๐ข๐น๐ฑ ๐ฅ๐ฒ๐๐๐ฟ๐ป ๐ฆ๐๐๐๐ฒ๐บ
1. File GSTR1 to determine sales liability including RCM
2. Check GSTR 2A for claiming Input Tax Credit
3. Pay tax in GSTR 3B on the difference between GSTR1 and 2A and this calculation manually processes.
๐ก๐ฒ๐ ๐ฅ๐ฒ๐๐๐ฟ๐ป ๐ฆ๐๐๐๐ฒ๐บ
1. File GSTR1 to determine sales liability including RCM [it will be more detailed form as compared to the previous GSTR1]
2. Check GSTR 2A for claiming Input Tax Credit
3. Pay tax in GSTR 3B on the difference between GSTR1 and 2A. Tax calculation would be an automated process. To make it automated new form GSTR 2B form will be introduced.
