This blog post is updated with the GST Council’s decision to extend the return due dates
The deadline for filing the first GST return, the Form GSTR-3B ended last month on dates August, 25 and August, 28, 2017. Yet, there are many businesses which are still in the process of filing Form GSTR-3B. This being the first GST return and understating the plight of the businesses, the committee has decided to waive the late fee for all the businesses who could not file GSTR-3B for the month of July 2017. However, for late payment, an interest at maximum of 18% will be levied.

In our previous blogs what is GSTR-2A & GSTR-2 and Actions on GSTR-2, we understood the concept of GSTR-2A and GSTR-2 and actions which are required to be performed by the business before submitting GSTR-2. In this blog, let us discuss -How to file GSTR-2 return.
 

In our previous blog, we discussed about what is GSTR-2 and the relevance of GSTR-2A with GSTR-2. We also understood, that auto-populated details of inward supplies from GSTR-2A will be available in GSTR-2. Though the details are auto populated, you are required to prepare the return before submitting it. The preparation here refers to reconciliation of inward supplies available in GSTR-2A with the books of accounts, determining the additions, modifications and rejections which are required before submitting GSTR-2.
 

In our previous blogs How to File GSTR-2: Part 2 , we understood the details required to be furnished in table 4 of GSTR-2. In this blog, we will discuss How to File GSTR-2- Table 5. In table 5 of GSTR-2, you need to mention the details of Inputs/Capital goods received from Overseas or from SEZ units on a Bill of Entry.

In our previous blog How to File GSTR-2 PART-4, we discussed about the different components of table 6 of GSTR-2. In this blog, we will discuss about furnishing details of Debit/Credit Note in 6C of GSTR-2. This blog is your guide to  file GSTR-2 -Table 6C
In 6C of GSTR-2, the details of Debit Note or Credit Note issued during the month will be captured. Below are scenarios in which Credit Note and Debit Note will be recorded by your supplier.
 

Introduction

In our earlier blog on the consequences of non-compliance under GST, we had learnt that when tax is not paid on time, interest will be applicable and when a return is not furnished, late fee will be applied.

There are just a few weeks remaining for you to get prepared for the roll out of GST, and out of the many questions you will be asking yourself, ‘what changes should I look for in my system, from my Tax Consultant, or in business processes, in order to better prepare for GST?’, is likely to be at the top of the list.

With just a few weeks left for the roll out of GST, one of the burning questions on your mind as a Tally user is probably, “How will Tally support my business to become GST Ready?”
With this blog post, you will understand Tally’s GST Software strategy, and how you can smoothly transition into GST with Tally.ERP 9.
 

DSC stands for Digital Signature Certificate. Digital Signature Certificates (DSC) can be used to sign documents digitally. In India, DSC are issued by authorized certifying authorities. You can obtain a DSC from one of the authorized DSC-issuing certifying authorities, post which DSC Registration needs to be done at the portal. Note that the GST portal accepts only PAN based Class II and III DSC.