RECORD NOTEBOOK

FACULTY OF ARTS & COMMERCE

DEPARTMENT OF COST & MANAGEMENT
ACCOUNTING (CMA)

B.COM (CMA) – E – FILING - HBCO18ML4

2021 –2022 (EVEN SEMESTER)

NAME : V.NAVEEN
REGISTER NO. : 203221101013
COURSE : B.Com (CMA)
YEAR / SEM : II / IV
 BONAFIDE CERTIFICATE

Certified that this is a Bonafide Record of work done by V.NAVEEN of (Reg. No.203221101013)

B.Com (CMA) II year in E – FILING - HBCO18ML4 during the IV semester in the year 2021-2022.

Submitted for the Practical Examination held on _____________

Signature of Lab-in charge Signature of HOD

Internal Examiner External

Examiner
 Returns under GST 3

1.Every registered person shall himself assess the tax

payable and furnish return for each tax period under Self-
Assessment as per Section 59 of the CGST Act, 2017
2.A return is statement of specified particulars relating to
Business Activity by
3.the taxable person during the period

Sec 37 & Rule 59 – Form GSTR-1 4

1. Details of Outward Supplies filed by RP (Other than CLP, NRTP,

OIDARS, ISD, TDS & TCS)
2. Due Date - On or Before 10th day of the month succeeding the Tax
Period – CoGST can extend Time Limit
3. Any rectification of error or omission in respect of above mentioned
details, shall be allowed, before due date of September month of
subsequent FY or filing of AR, whichever is earlier.
4. Details of OS – Details of Tax Invoice, DN or CN
 Components of Form GSTR-1 5
1. Outward Supplies details of G or S or Both
1. Invoice wise details of all –
1. Inter-State and Intra-State supplies – RP (B2B)
2. Inter-State supplies [ Invoice Value > Rs.2,50,000/- –
URP](B2C Large)
2. Consolidates details of all –
1. Intra-State Supplies – URP (each tax rate) (B2C Others)
2. State wise Inter-State supplies [ Invoice Value < Rs.2,50,000/- –
URP(each tax rate)] (B2C Others)
3. Debit / Credit Notes details (B2B & B2C Others)

6
Important Note:- The compliance requirement for small
tax payer, Form GSTR-1 has been allowed to be filed
quarterly by small tax payers with aggregate annual
turnover upto Rs.5 Crore in the preceding financial year or
the current financial year. Tax payers with annual
aggregate turnover above Rs.5 Crore will however
continue to file Form GSTR-1 on a monthly basis
 Upon Form GSTR 1 filed by Supplier 10

Form GSTR 2B???

Aug 2020
Form GSTR 4A
of Recipient

Form GSTR 2A Form GSTR 6A

of Recipient of Recipient

Form
GSTR 1 of
Supplier
 Form GSTR-2 – Inward Supply Return 11

Form GSTR 2 is a return for reporting the inward supplies of goods

and services i.e. the purchases made during a tax period. The details
in the Form GSTR-2 return are auto-populated from the Form GSTR-
2A, unlike Form GSTR-2A, the Form GSTR-2 return can be edited.
Form GSTR 2 to be filed by all normal taxpayers registered under
GST.
Note:- The filing of the same has been suspended ever since the
inception of GST by GST Council.

Form GSTR-3 – Monthly Summary Return 12

Form 3 is a monthly summary return for furnishing summarized

details of all outward supplies made, inward supplies received and
input tax credit claimed, along with details of the tax liability and
taxes paid. This return is auto-generated on the basis of the GSTR-1
and GSTR-2 returns filed.
Note:- Form GSTR-3 is to be filed by all normal taxpayers
registered under GST, the filing of the same has been suspended ever
since the inception of GST by GST Council.
 Sec 39(1) & Rule 61(5) Form GSTR-3B 13

1. Monthly Return (Other than CTP, NRTP, OIDAR, ISD,

TDS & TCS)
2. Due Date - On or Before 20th day of the month succeeding the
TaxPeriod
3. Note:- Retrospective effect of amendment from 09.10.2019
providesthat when a person has filed Form GSTR 3B shall
not be required

Components of Form GSTR-3B 14

1. Basic Information
2. Summary details of Outward Supply & Inward Supply liable
forRCM
3. Summary details of Eligible ITC
4. Summary details of Purchase of Exempted Goods & Purchase
ofGoods from Composition Levy
5. Summary of Inward Exempted Supply
6. Summary of Payment of Tax, TDS & TCS
16
 QRMP Scheme & IFF 17

Monthly
Monthly Upload by 13th
Turnover < IFF (Optional to FSM - 35%
Rs.5 Crs Report B2B) of last Qtr
Payment
Quarterly
(option)
Self
Others
Assessment

Sec 39(2) & Rule 62 - Form GSTR-4 18

Composition Levy Taxable Person has to file a Quarterly Return in Form GST
CMP 08 – Payment of Self Assessed Tax
Due Date - On or Before 18th day from the end of Quarter
➢ Form GSTR 4 – Composition Levy Annual Return
Due Date - On or Before 30th day from the end of April of subsequent year
Form GSTR 4A - Auto Drafted Form (Auto-drafted from GSTR-1, GSTR-5 and
GSTR-7), Inward Supplies made available to the recipient registered under
Composition Scheme.
 Sec 39(5) & Rule 63 - Form GSTR-5 19

• Details of Outward Supply & Inward Supply return to be filed by

Non – Resident Foreign Taxable Person

• Due Date for filing return –

• a) On or Before 20th day of the month succeeding or

• b) Within 7 Days after expiry of Registration, whichever is earlier

Rule 64 - Form GSTR-5A 20

Details of Supplies of Online Information and Database Access or

Retrieval Services

Service Provider Outside India Service Receiver in India other than RP

Due Date for filing return - On or Before 20th day of the month

succeeding
 Sec 39(4) & Rule 65 Form GSTR-6 21

7.Return for Input Service Distributor (ISD)

8. This Return can only be filed only after 10th of the month and
before 13th of the month succeeding the tax period

Form GSTR-6A
Details of Inward Supplies made available to the ISD recipient on
the basis of FORM GSTR-1
Auto Drafted Form

Sec 39(3) & Rule 66 Form GSTR-7 22

4. Return for Tax Deducted at Source

5. Due Date - On or Before 10th day of the month succeeding the Tax
Period

Form GSTR-7A

TDS Certificate
Issued on or before 15th day of the month succeeding the Tax Period
 Sec 52 & Rule 67 Form GSTR – 8 23

4. E-Commerce Operator (Statement for tax collection at source)

5. Due Date - On or Before 10th day of the month succeeding the Tax
Period

Sec 44 & Rule 80 Form GSTR – 9, 9A & 9B 24

➢ Annual Return – GSTR – 9

➢ Annual Return by CD – GSTR – 9A
➢ Annual Return by E-Commerce –
GSTR 9B
Due Date - 31st Dec of next F.Y
Form GSTR – 9C
5.Audit Report & Reconciliation Statement
6.Aggregate Turnover exceeds Rs.2 Crores
7.Due Date - 31st Dec of next F.Y
 Applicability of Form GSTR 9 & 9C 25
4. Form GSTR 9 - Filed by the Regular Taxpayers filing Form GSTR 3B & Form GSTR 1 during the

FY 2018-19.

1. Filing of Form GSTR 9 for FY 2017-18 & 2018-19 was made Optional if Aggregate Turnover is less

than Rs.2 Crores. However, it is highly recommended to file Annual Return!!! [N No. 47/2019-

CT dt. 09-10-2019]

2. Form GSTR 9C - Filed by RP - Aggregate Turnover exceeds Rs. 5 Crores during the FY, in case

of FY 2018-19. [Proviso to Rule 80(3) of CGSTR, 2017 vide N No. 16/2020-CT dt. 23-03-2020]

3. All such TP are required to get their Accounts Audited and file a Copy of Audited Annual

Accounts and Reconciliation Statement of tax already paid and tax payable as per audited

accounts along with Form GSTR 9C.

Sec 45 & Rule 81 Form GSTR-10 26

➢ Final Return
➢ Due Date – Within 3 Month from Date of Cancellation of
Registration
or
Date of Order of CoR, whichever is later
Form GSTR – 11
1.Inward Supplies Statement for UIN
2.Due Date - On or Before 28th day of the month succeeding the Tax Period
 Sec 47 REVISION OF RETURN & LEVY
27
OF LATE FEE
There would be no revision of return

Late Fees : Rs.10/- day for every day Nil Return & Rs.25/- for Other

return.

Maximum Rs.5,000/- in case of other returns

In case of Annual Returns an amount calculated at a quarter

percent of his aggregate turnover in case of annual retur