LIFE IN ORIENTATION PROGRAMME !! INTRODUCTION In the whole journey of CA course, a student life gets busy with many books, exams, amendments, notes, coaching’s and similar other stuff. He or She used be the most busiest person on this planet during this journey and also a CA student’s brain gets fully loaded with lots of theoretical knowledge but when it comes orientation course it feels that yes we are learning first time without any books, notes, paper etc. something which is completely practical in life and trust me this feeling here can only be understood by a CA student. CONCEPT Students will learn so much in these 15 days by the 15 different faculties who shared their knowledge, life experience, and some pro tips for making our career and life better and successful in future. I think this formula of 15 days= 15 faculties is wonderful, every day there is a new personality, nature, learnings, behaviour, attitude and mindset. This is an amazing process in
GSTR FORMS
RETURNS OF NORMAL TAXPAYER
GSTR-1
It contains records of all types of outward supplies of
goods as well as service.
Mandatorily filled by the tax payer by the 10th
of the next month.
Outward supplies to single customer, where value exceeds
Rs. 2.5 lakh filled here.
Debit note and credit note details also filled in this
form.
Alteration to the details in any outward supplies of
previous period made in this form.
Exempted, Nil rated and Non- GST supplies details filled
in this form.
Export sales, Tax liability arising out of advance
receipts details filled in this form.
GSTR-1A
Auto populated form with the details of GSTR-2 on 15th
of next month.
It contains all the records of correct or changed info.
Changes accepted by supplier in this form will
automatically updated in GSTR-1.
GSTR-2
It contains records of all types of inward
supplies of goods and services.
Due date is 15th of the next month.
Auto populated with the details of GSTR-2A.
Auto fill inward supplies with the details of GSTR1.
Can be edit by the taxpayer but not GSTR-2A.
Changes to any inward supplies for any previous period
can be made
Import of goods and services
details filled here.
Debit notes and credit notes details or any changes in
previous period can be made here.
Inward supplies from unregistered suppliers also
filled here.
Credits received from ISD, auto populated with the
details of GSTR-6.
TDS credit from specified
person, Auto populated with the details of GSTR-7.
TDS credit from e-commerce operators- Auto
populated with the details of GSTR-8.
ITC can be taken in this
return.
Reverse Charge Tax liability
also filled here and also any changes made in this form.
ITC reversals or
any changes to ITC reversals made here.
GSTR-3
Auto prepared form by the 20th of next month.
Having details of all inward as well as outward supplies
of goods and services furnished in GSTR-1 and GSTR-2.
ITC availability will be determined on the basis of this
return.
Total turnover includes:-Export turnover, Taxable
turnover, Non-GST turnover, Nil rated or Exempted turnover.
Outward supplies are :- Inter-state & Intra-state to
customers and registered persons, Exports, Changes made in sales invoices,
debit & credit notes.
Total Tax
liability on outward supplies.
Inward supplies contents are:- Inter-state and Intra-state,
Imports, Changes to purchase invoices, Notes, Reversal of ITC, TDS received,
ITC received.
Total Tax
liability on inward supplies.
PART-B contains details of any taxes, fines, penalties,
interest, paid and any refunds claimed w.r.t. cash ledger.
GSTR-3B
A simple return as a self -declaration form.
Mandatorily filed by every registered person except
composition dealer on monthly basis.
Not needed any invoice information, only total values
provided.
Due date is in 20th of next month.
GSTR-9
Prepared on annual basis by the 31st
December of coming financial year.
This return was the accumulation of last 12 monthly GSTR-3
of taxpayer.
Also include details of tax paid during the year
and details of exports-imports.
RETURNS FILED BY COMPOSITION TAX PAYERS
GSTR-4A
Similar to GSTR-2A.
Filed on quarterly basis.
Details of inward supplies reported in GSTR-1.
GSTR-4
Auto populated details of GSTR-4A.
Details of all outward supplies.
Due date is 18th of next month.
Filed on quarterly basis.
Contains details of tax payable and paid.
GSTR-9A
Annual return for every composition tax payer.
Due date is 31st December of coming financial
year.
Includes all quarterly returns filed earlier.
RETURNS TO BE FILED
BY FOREIGN NON-RESIDENT TAX PAYER(NRTP)
GSTR-5
Detailed info. Of outward supplies, imports, tax paid,
input tax availed.
Filed on 20th of next month or in case
registration is given up then within 7 days of such effect.
RETURNS TO BE FILED
BY INPUT SERVICE DISTRIBUTOR(ISD)
GSTR-6
Prepared on monthly basis.
Due date is 13th of the next month.
Details are confirmed or corrected by the ISD.
GSTR-6A
Auto populated with details of inward supplies in GSTR-1
on 10th of next month on 11th of next month.
Filed on monthly basis by the ISD.
RETURNS TO BE FILLED
BY A TAX DEDUCTOR
GSTR-7
Due date is 10th of next month.
Details of tax deductions during the month have to be
furnished.
GSTR-7A
TDS certificate, auto generated upon filling of GSTR-7 by
the tax deductor.
Contain details of tax deducted & amount of payment
made.
RETURNS TO BE FILLED
BY AN E-COMMERCE OPERATOR
GSTR-8
Due date is 10th of next month.
Contains all the supplies made by the E-COMMERCE.
Assesses having annual turnover exceeds RS.1cr, a
reconciliation statement in GSTR-9B has to filed by 31st December of
coming financial year, an audited annual account.
Where assessee is a govt. body or a UN body, then a
monthly GSTR-11 has to be filled by 28th of next month.
Taxable person’s registration has been cancelled or
surrendered, then a final return in GSTR-10 has to be filled within 3 months of
such effect.
CERTAIN PAYMENT CHALLANS
PMT-1 :- tax liability
register.
PMT-2 :- credit balance online
as is GSTIN.
PMT-2A :- re-credit addition to
the GSTN bal.
PMT-3 :- online cash ledger
PMT-4 :- challan for payment of
GST.
PMT-5 :- payment register for
unregistered person.
PMT-6 :- application for claiming
missing credit.
REFUND FORMS
RFD-01 :- application for refund.
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