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00:00:00Now, I am going to deal with the filing of retains here, filing of retains, retains in
00:00:28general.
00:00:33Section 37 deals with furnishing details of outward supply.
00:00:49Outward supply.
00:00:53Is that okay?
00:01:06Then, section 38.
00:01:12Inwards supply.
00:01:19Section 37.
00:01:21Then, section 39.
00:01:25Furnishing returns.
00:01:26We will try to finish up these three sections.
00:01:40First of all, there will not be any complication in understanding section 38.
00:01:53So, 37, 39.
00:01:54We will try to finish up these three sections.
00:01:55First of all, there will not be any complication in understanding section 38.
00:01:58So, 37, 39.
00:01:59We will try to finish up the detail.
00:02:05Right.
00:02:11Section 37.
00:02:13So, we will try to furnishing, furnishing outward supply.
00:02:16I am going to furnishing outward supply.
00:02:22the details of outward supplies, yard supply means furnish pannanoptyi chunakka, registered
00:02:43they have to furnish the outward supplies detail in GSTR1 formula, GSTR1 formula, right,
00:02:53GSTR1 formula, outwards supply furnish pannanoptyi, outwards supply, is that okay,
00:03:08GSTR1, GSTR1, is that okay, GSTR1, is that okay, GSTR1, you know, supply pannanoptyi,
00:03:36supply pannanoptyi. If you give GSTR1, give GSTR1, you know, the GSTR1 is placed in GSTR1,
00:03:42and when you save GSTR1, you can see GSTR1 in GSTR1, 2A, where the formula is located,
00:03:49update
00:03:522A
00:03:55this is x
00:03:581
00:04:011
00:04:021
00:04:031
00:04:041
00:04:051
00:04:061
00:04:071
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00:04:111
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00:04:131
00:04:151
00:04:17File to do that, automatically 1800 is here, 2A of X.
00:04:24Now if you have a mail in inbox, it is here, that is logic.
00:04:29Y is here, Y is here, Y is here, Woodster sale is automatically, X is here, X is here.
00:04:42The 2A formula is correct. Click automatically accept that GSTR 2. That will come to the GSTR 2. Is that okay?
00:04:52This dispute is automatically intimation points.
00:04:59So, GSTR 1 is outward supply, GSTR 2 is inward supply.
00:05:17So, GSTR 1A will be updated in GSTR 1.
00:05:33The GSTR 2A will automatically be updated in GSTR 1.
00:05:38The GSTR 1A will be added in GSTR 2.
00:05:48The GSTR 1A will be added in GSTR 2.
00:05:51The GSTR 2A will be added in GSTR 2.
00:05:56If you feed this section 37,
00:06:00If you automatically get a correction number, this will be section 38.
00:06:08Periodically, you will make total output tax,
00:06:12Invert tax rate, the difference is the tax payable.
00:06:15Fundishing return.
00:06:16Output supply, what are you doing?
00:06:191 to 10 of the next month.
00:06:23Invert supplier, you can verify it.
00:06:2611th to 15th.
00:06:272 days will be given.
00:06:29And 20th, you can automatically find a finalist.
00:06:32You can tax payment.
00:06:33That is the furnishing returns 39.
00:06:35This is delta intersection 37.
00:06:37This is delta intersection 38.
00:06:39This is delta intersection 39.
00:06:41Is that okay?
00:06:43This is the brief about how the filing system is working.
00:06:48It has to be set in GSTR 2.
00:06:49Let's see.
00:06:50Let's see.
00:06:51Okay.
00:06:52GSTCMP01 Composition Levie scheme is the key.
00:06:57Right.
00:07:01Let's see.
00:07:02Okay.
00:07:03GSTCMP01 Composition Levie Scheme Levy scheme is the form of the chanel.
00:07:07There are eight forms for registration.
00:07:08Registration is the form of the form.
00:07:17form. Now we can see GSTR 1, GSTR 1A, 2A and 3A, 3B. Output Supplier record
00:07:28form. If you look at the form, you can see the form of provisions.
00:07:33You can easily handle the form. Page No. 797. GSTR 1A, if you are supply
00:07:39you can see the form of provisions. You can see the form of provisions.
00:07:59Now,
00:08:04let us see how the GSTR 1 form appears. So GSTR 1 form is all about details of output
00:08:24supply of goods, services both put together for the year, for the month.
00:08:30If you upload GSTR number, name, trade name, legal name, trade name, aggregate turnover
00:08:38in the preceding financial year, aggregate turnover between this period, LMA
00:08:44and the form of provisions.
00:08:46If you say, section 1, 2, 3, and say, section 1, 2, 3, and say, rules are there.
00:08:52Rule 1, 2, 3, and say, okay.
00:08:54Okay.
00:08:56Rule 1, section 1, 2, and say, section 1, 2, and say, okay.
00:09:02What is there in para number 1? You have to represent that. No.
00:09:06No.
00:09:07No.
00:09:08No.
00:09:09No.
00:09:10No.
00:09:11No.
00:09:12No.
00:09:14No.
00:09:15No.
00:09:16No.
00:09:17No.
00:09:18No.
00:09:19No.
00:09:20No.
00:09:21No.
00:09:22No.
00:09:23No.
00:09:24No.
00:09:25No.
00:09:26No.
00:09:27No.
00:09:28No.
00:09:29No.
00:09:30No.
00:09:31No.
00:09:32No.
00:09:33No.
00:09:34No.
00:09:35So, 0 rated supply, it is on the para 6, 7 on the debit and credit note to handle number 7, it is on the market, is that okay, form.
00:10:00So, we are not going to reproduce the form, but we are going to mention what are the contents and who is required to file the form on the date within which we have to file a bigger than the power from Evali, Arigmalo, and the form is full details.
00:10:16GSTR 1A details of auto-drafted supplies, auto-drafted.
00:10:22That is automatically your account.
00:10:24However, if you have a dispute that you have to say, it is automatically here, 1A.
00:10:30That is okay.
00:10:32Of course, we are not going to deal with that also here in detail.
00:10:341A is not going to tell you.
00:10:361A is not what?
00:10:37That is automatically populated.
00:10:40One thing, it is no data, one thing.
00:10:43Two small details are true.
00:10:44Two small details of said, details of of demanding supplies, and goods and services.
00:10:48Two.
00:10:492A goes to it.
00:10:51So, 2A.
00:10:53So 2A, it is auto-drafted. Supplier feed on the machine, automatically recipient of the GSTR 2A formula updated. That is okay to say, automatically submitted. So, if he has to do this, he has to do this, what rate color? 11th to 15th of the next month.
00:11:17Is that okay? Form 3, it is monthly return. It is auto-populated. It is auto-populated. It is auto-populated. Outward supplies, GSTR 1A, intra-state supply is okay.
00:11:38Then, Inward Supply, automatically credit rate, it is available on the net tax payable price, make the payment. And the TDS, TCS in the subtraction, that is how the GSTR 3 will be there. So,
00:11:58So, if you are going to say, what is the GSTR 1A? Outward Supply, recipients are available on the net tax payable price.
00:12:12feed pannampood automatic iddile one the feed hai yirukko adana ok or no
00:12:17sollapodare ade madari maasa idd oandhu 1 to 10 idd 11 to 15 ade kappuron monthly once
00:12:27oandhu automatic idd finalist pannamal yeh annayki 20th of the next month iddile
00:12:32erukkannna gstr3 yirukko in the form ondhu gstr3 form is that ok gstr1 2 2a and 3
00:12:39let us see a summary of form before go further gstr1 monthly statement of outward supplies
00:12:48and gstr3b is the monthly return monthly return energy 20th of the next month gstr4 on the
00:12:58arc composition levy innati pannal gstr5 annual return oranglia other than isdi tds tcs
00:13:09irukkarao hongga gstr9 itd ironwell return final return business close pannas anna
00:13:14sarnal panni ikkirayam bichanakka hongga eandhu formula fill pannu hongga gstr10 see if you see all
00:13:19these things you will understand and enjoy how systematic the gstr is planned you just
00:13:24imagine oru gstr na adala registration pannadil adhu last tave alinu close pannu avarekki
00:13:30aใam kurkar will kak Lavagi tenho and utkring irukkakum oh he�� on adala
00:13:33gedraft in faqtbao ready penne ikижу kuru tchu urikkar a
00:13:47Except, who is required to do it, ISD, NRTP not required to do it, how are registered
00:14:12we know of experts in a system.
00:14:21Composition scheme, composition scheme.
00:14:25Anakadu section 37 when it comes to different scheme in sections..
00:14:30we will see.
00:14:35The person who is directing the tax at source from somebody else, they need not to supply
00:14:47or furnish the city, okay. Even ecom operator not being an agent, agent not the ecom operator
00:14:59save illa, OIDR save illa, OIDAR, Online Information Database Access and Retrieval Service
00:15:08you'll have. ECO, ecom operator, DI, ODR, you'll have. You'll have. You'll have.
00:15:19Interl, CA, you'll have. You'll have. Foundation, CME, Interl, you'll have.
00:15:26The same will be for CS2. Registered person, you'll have. CTP should also file.
00:15:36How do you file? CTP. Casual taxable person. So registered person and casual taxable person
00:15:43should furnish the outward supply in GSTR 1. GSTR 1 file. Is that okay? Casual taxable person.
00:15:52Right. Filing, how do we file this? We have to file electronically in GSTR. GSTR common portal
00:16:02Furnish in GSTR 1. Furnish in GSTR 1. Electronically. Okay. E form. E form. E form.
00:16:17It's a business day.
00:16:21Update file. NIL written.
00:16:24NIL written.
00:16:25NIL written file.
00:16:26NIL form.
00:16:29You have to file it.
00:16:40There will not be any inward or there will not be any outward supply.
00:16:45You have to file it.
00:16:54Third point.
00:16:56You have to file it.
00:17:00Okay.
00:17:01GSTR 1, how to file it.
00:17:05File between 1 to 10 of the succeeding month.
00:17:09January month transaction, February 1 to 10.
00:17:1511th to 15th.
00:17:17You have to file it.
00:17:20Is that okay?
00:17:23Clear?
00:17:25This is quarterly filing.
00:17:30Composition is left.
00:17:31Composition is left.
00:17:33Composition is left.
00:17:35Quarterly once file.
00:17:37What is the quarter?
00:17:39What is the quarter?
00:17:41When you are notes and즈ing…?
00:17:43X-15th to 13thSíella, you file was a name.
00:17:47wholly YouTube.
00:17:48January, February, March.
00:17:51April and 13th decided to file.
00:17:53file problem if you are coming under your transaction is less than one and a half crores
00:17:59are here in the if you are aggregate it is one of the composition living
00:18:03matter the aggregate turnover less than 1.5 crores are here in the if your aggregate turnover
00:18:10is less than or equal to 1.5 crores are here in the you can submit quarterly once and the
00:18:14quarter is more than 8th of the month 30th of the month you can submit allah ok
00:18:20jan 2021 kuriyadah can I submit in jan itself jan itself no you don't have such an option
00:18:32at all january kuriyadah you can submit February 10th kuriyadah submit panniklaam january kuriyadah
00:18:39ok this can be only between 1st february 21 to 10th february 21 kuriyadah panniklaam
00:18:50ithuk kuriyadah in the period you can do it except except that january maasadah kuriadah january
00:18:58ili ee panniklaam endu situation allah abinna ct peaking cash or taxable person that
00:19:07had the 9th
00:19:32for the CTP case
00:19:33go
00:19:34its 7 days
00:19:35products
00:19:36cut
00:19:37cut
00:19:38cut
00:19:42cut
00:19:44cut
00:19:46cut
00:19:47cut
00:19:48let
00:19:50cut
00:19:51cut
00:19:53cut
00:19:54cut
00:19:56cut
00:19:58cut
00:20:00cut
00:20:01completely surrenders his business.
00:20:03So, business is closed.
00:20:05So, if you close it,
00:20:07you can submit it.
00:20:09And the two scenarios,
00:20:11January,
00:20:13January,
00:20:15Now,
00:20:17Next.
00:20:19Next.
00:20:21What are the content we have with this?
00:20:27In the GSTR
00:20:29GSTR
00:20:31GSTR
00:20:33GSTR
00:20:35Basic Details
00:20:37and Outward Supply
00:20:39Details.
00:20:41Outward Supply
00:20:43Details
00:20:45Who submits this?
00:20:49His name
00:20:51and GSTR
00:20:53location
00:20:55Is that okay?
00:20:57Is that okay?
00:21:01See here.
00:21:05Now.
00:21:09So, what happens?
00:21:11GSTR number, legal name,
00:21:13aggregate turnover
00:21:15This is all basic details.
00:21:17Outward Supply
00:21:19Details
00:21:21Including EOI
00:21:23Folder
00:21:25Apart from that
00:21:27Unregistered
00:21:31Unregistered person
00:21:33If the invoice is more than 200 of land sales
00:21:37If the invoice is more than 200 of land sales
00:21:39Deemed export
00:21:41Deemed export, zero rate and supply
00:21:42Supply
00:21:43That's right.
00:21:45That's right.
00:21:47Deemed export, zero rate and supply
00:21:49That's right.
00:21:51General information
00:21:53That's right.
00:21:55Basic detail
00:21:57GSTR
00:21:59Of course, you need to have the GSTR
00:22:01Number
00:22:03Legal name and all
00:22:05Legal name
00:22:07And trade name
00:22:09Turnover
00:22:10In the preceding
00:22:11To the previous year
00:22:12Tax period
00:22:13In the preceding
00:22:14To the previous year
00:22:15Tax period
00:22:16Is there
00:22:17Tax period
00:22:18Is there
00:22:19HSN
00:22:20Summary
00:22:21HSN
00:22:22Harmonized
00:22:23Nomenclature
00:22:24System of Nomenclature
00:22:25Other documents
00:22:26Other documents
00:22:27Other documents
00:22:28Other documents
00:22:29Other documents
00:22:30Other documents
00:22:31Basic
00:22:32You can refer
00:22:33The form
00:22:35You can refer
00:22:36It's available in the internet itself
00:22:37So collection of forms
00:22:38In GSTR
00:22:39All forms
00:22:40Okay
00:22:42If you are going to be the practice
00:22:43Then
00:22:44Passed
00:22:45You can register
00:22:46Registration
00:22:47Form
00:22:49That's right
00:22:50Is that okay?
00:22:52This is the
00:22:54In the past
00:22:55In the past
00:22:56In the past
00:22:57In the past
00:22:58Some of the forms
00:22:59We have not seen
00:23:00In our life
00:23:01At all
00:23:02Still
00:23:03Business
00:23:04Opportunity
00:23:05But
00:23:06Examination
00:23:07Is that okay?
00:23:09Outward Supply
00:23:11Outward Supply
00:23:12Details
00:23:13Outward Supply
00:23:15Details
00:23:16Is that okay?
00:23:19It is now
00:23:20Outward Supply
00:23:22Outward Supply
00:23:23Details
00:23:24Outward Supply
00:23:26Outward Supply
00:23:27Details
00:23:28Breakup
00:23:29Each can be found
00:23:30Our glance
00:23:31Outward Supply
00:23:32Outward Supply
00:23:33Breakup
00:23:34B2B
00:23:35Supply
00:23:36B2B
00:23:37Supply
00:23:38including supply to the UN folder. Business to business.
00:23:43Who is supply to the UN folder?
00:23:45He has the business to the GST.
00:23:48B2B sales is the recipient of the ITC.
00:23:52That is B2B. Disclose it properly. This is the B2B.
00:23:55So, recipient will get the ITC on that.
00:23:58And UN. Okay. UNO identification number. Right?
00:24:03So, United Nations organization because
00:24:06if we look at the UN number, we look at the UN number.
00:24:12Why do we look at the UN?
00:24:14If we look at the UN, we look at the GST. Output tax.
00:24:16If we look at the input tax, we look at the ITC.
00:24:20So, that is the predominant one.
00:24:26Second, B2C. Business to customers.
00:24:33If you look at the UN, if you look at the UN, it's the UN.
00:24:37If you look at the UN, it's the UN.
00:24:41As there is no ITC for that.
00:24:43Okay.
00:24:44That's why we look at the UN.
00:24:47Inter-state supplies.
00:24:49And if you look at the UN, it's the UN.
00:24:53You.
00:25:042 and a half lakhs
00:25:062 and a half lakhs
00:25:082 and a half lakhs
00:25:102 and a half lakhs
00:25:120 rated
00:25:140 rated supply
00:25:16exempted supply
00:25:18details
00:25:20debit note
00:25:22credit note
00:25:24debit and credit note
00:25:28correction
00:25:30amendment
00:25:32items we need to keep in our mind
00:25:34items appearing in
00:25:36that ok
00:25:38next
00:25:40next
00:25:46documents you upload
00:25:48what are the documents are going to be uploaded
00:25:52clear
00:25:56B2B
00:25:58documents you upload
00:26:00B2C
00:26:02V2C
00:26:04interstate
00:26:06supply
00:26:08this one word question
00:26:10interstate
00:26:12interstate supply
00:26:14state
00:26:16invoice value
00:26:18more than
00:26:202 and a half lakhs
00:26:22more than
00:26:242 and a half lakhs
00:26:262 and a half lakhs
00:26:28less than
00:26:30less than or equal to 2 and a half lakhs
00:26:32are there
00:26:34consolidated
00:26:36invoice
00:26:38is that ok
00:26:40and
00:26:42and
00:26:44state wise
00:26:46details
00:26:48overstate
00:26:50state wise
00:26:52consolidated
00:26:54this
00:26:56intrastate
00:26:58intrastate
00:27:00is not
00:27:02consolidated
00:27:04invoice
00:27:06consolidated
00:27:08invoice
00:27:10$
00:27:12$
00:27:14$
00:27:16$
00:27:18$
00:27:20$
00:27:22$
00:27:24$
00:27:26$
00:27:28$
00:27:30$
00:27:32$
00:27:34$
00:27:36$
00:27:38$
00:27:40$
00:27:42$
00:27:56$
00:27:58$
00:28:00$
00:28:02$
00:28:04$
00:28:24$
00:28:26$
00:28:28$
00:28:32$
00:28:33one and a half crores
00:28:35kukullara irundhaal
00:28:37nīnghe hs n nampaday kudukkavindhi
00:28:39awasim illa
00:28:40ondra kodikki mele
00:28:42anana anji kodik
00:28:45kukullara
00:28:46nīnghe two digits
00:28:49smattuṁ kāam chāppokam
00:28:50anji kodikki mele nīnghe
00:28:52transaction pannin irukkirere inge
00:28:54preceding to the previous year
00:28:55four digits kāam kyaan
00:28:56idu yim pōru'ma na question le kakit rukkirang
00:28:58one word questions le
00:28:59is that clear
00:29:00now
00:29:02this will be the fifth point
00:29:05to be noted
00:29:06point number one
00:29:07point number two
00:29:08point number three
00:29:09this is point number four
00:29:10this is point number five
00:29:11ok
00:29:14what more thing you have to keep in your mind
00:29:19abitur nukha
00:29:19sixth point
00:29:23the GSTR 1
00:29:26what you feel
00:29:27feed
00:29:27outwards upending a feed point regalia
00:29:30that will be communicated
00:29:32that will be communicated to the recipient
00:29:33in form GSTR
00:29:362A
00:29:37isn't it
00:29:38yenghe pōyidoum
00:29:38GSTR 2A
00:29:40le pōyidoum
00:29:41anhe samithi lhe
00:29:42GSTR 4A
00:29:43le pōyidoum
00:29:44GSTR 2A
00:29:46if we inge arduh recipient
00:29:47being a registered person
00:29:484A na
00:29:49our composition levi
00:29:50E le pōyidoum
00:29:51GSTR 4A
00:29:52le pōyidoum
00:29:53this is for composition levi
00:29:55by error arukkara
00:29:56even normal register arukkara
00:29:582A la pōyidoum
00:29:59naa submit pōyidoum
00:30:03bōdu thappkou undirukkhu
00:30:04error
00:30:05can I correct that error
00:30:07ok
00:30:08you can correct
00:30:10but not in that year
00:30:11next period le
00:30:13nīghe correct pannikkala
00:30:14next period le
00:30:15amendment le
00:30:16anhii
00:30:17para arukkua
00:30:18and the para vula kui
00:30:18nīghe correct pannikkala
00:30:20you can correct in the next period
00:30:21is that ok
00:30:22error unthal
00:30:23can be corrected in the next period
00:30:24ok
00:30:29in the error
00:30:32epokkula rectify
00:30:33pannikla
00:30:33period
00:30:35time limit
00:30:36ennay kukula
00:30:37nīghe rectify
00:30:37pannikla
00:30:38avidin chunna
00:30:42whichever is
00:30:43earlier of
00:30:44whichever is
00:30:45earlier of
00:30:45september
00:30:49month
00:30:49september
00:30:50month
00:30:51written
00:30:53due date
00:30:56for
00:30:56september
00:30:58month
00:30:58written
00:30:58or
00:31:00submission
00:31:05of
00:31:05annual
00:31:06written
00:31:06submission
00:31:07of
00:31:08annual
00:31:08return
00:31:08in the
00:31:09rendle
00:31:09whichever is
00:31:10earlier
00:31:10kula
00:31:10you cannot do
00:31:13beyond
00:31:13this
00:31:14is that clear
00:31:16due date
00:31:18for
00:31:18september
00:31:19month
00:31:19return
00:31:191
00:31:224
00:31:222020
00:31:24lundh
00:31:2431st
00:31:25mars
00:31:262021
00:31:26lhe
00:31:27lhe
00:31:27lhe
00:31:27file
00:31:27pannik
00:31:28irukkirir
00:31:28lh
00:31:30in the
00:31:36how can i rectify and what is the due date to rectify what is the time last date to rectify whichever is earlier of
00:31:45And the financial year is finished,
00:31:48when it is September, the return is filed in the past,
00:31:52September, the return is 20th.
00:31:55I am talking about section 39.
00:31:57And the returns file is filed,
00:31:59that is outcording, inverted, cut and cut,
00:32:01tax is not there,
00:32:02that returns file is filed in the past,
00:32:05that year is the return is filed in the past,
00:32:07and the 20th.
00:32:08So, return is filed in the past,
00:32:09and the tax is paid to pay.
00:32:11Return is filed in the past,
00:32:13So, the return will be valid only when you pay the tax along with the filing of return.
00:32:21So, the return will be valid only when you pay the tax.
00:32:51So, the return will be valid only when you pay the tax.
00:33:21So, the return will be valid only when you pay the tax.
00:33:51So, the return will be valid only when you pay the tax.
00:33:53So, the return will be valid only when you pay the tax.
00:33:55So, the return will be valid only when you pay the tax.
00:33:57So, the return will be valid only when you pay the tax.
00:33:59So, the return will be valid only when you pay the tax.
00:34:01So, the return will be valid only when you pay the tax.
00:34:03So, the return will be valid only when you pay the tax.
00:34:05So, the return will be valid only when you pay the tax.
00:34:07So, the return will be valid only when you pay the tax.
00:34:09So, the return will be valid only when you pay the tax.
00:34:11So, the return will be valid only when you pay the tax.
00:34:13So, the return will be valid only when you pay the tax.
00:34:15So, the return will be valid only when you pay the tax.
00:34:17and you pay the tax.
00:34:19So, the return will be valid only when you pay the tax,
00:34:25Okay?
00:34:26that is, NIL written is on the list,
00:34:32NIL written is on the list,
00:34:34SMS is on the list,
00:34:37registered person is on the list,
00:34:40unregistered person is on the list,
00:34:43the date when you lose your status,
00:34:47that is when you lose your status,
00:34:49you can file the list, right,
00:34:52registered person status,
00:34:56registered person under composition,
00:34:59so we have completed this section 37,
00:35:07in detail now I am moving to section 39,
00:35:1138 is not role,
00:35:14that is 39,
00:35:16so step number 1, 37,
00:35:20in other states particular,
00:35:23RVN registered person including,
00:35:24CTP,
00:35:25GSTR one-level fill,
00:35:28through SMS NIL written on the due dates,
00:35:30content in which we look at all,
00:35:33and the other points are NIL written,
00:35:38GSTR cancellation one-level in a list,
00:35:40normal composition tax parameters,
00:35:42so we have seen all the 6s,
00:35:44Now, section 39 is nothing but what, you have written netpanni final report, furnishing return.
00:35:55Outward supply would be GST, inward supply would be ITC where the reticolular difference
00:36:00in the automatic and you get tax pay penalty there because that will come here. This is
00:36:05submitted monthly once in GSTR 3B formula, GSTR 3B here, solitaire.
00:36:13Every registered person, who is doing it, IST, NRTP, even composition tax payers
00:36:19is similar to section 4, means GSTR 4, GSTR 4.
00:36:25And the ECOM operator, OEDR, there is a section 37 including CTP,
00:36:34here is the CTP, 3B is not applicable. Is that okay?
00:36:40New data filing, what is the 20th of the succeeding month?
00:36:44But, you know, turnover is 5 floors, this is an aggregate turnover,
00:36:48this is an extra turnover, 22nd or 24th as per the states you are there.
00:36:53So, general admissionally, what is the date of you?
00:36:5720th of the next month, we will say.
00:36:59GSTR 3B electronically submitted and SMS must be done if it is being the NIL written.
00:37:07The basic details are the GSTR number.
00:37:11The basic details are the GSTR number.
00:37:13The other details are the Invert Supply,
00:37:15ITC automatic credit, Outward Supply, Tax,
00:37:19and the other details are the GSTR number.
00:37:21If you have the TTS, TCS, subtracted,
00:37:23finally, the other tax payment is the GSTR number.
00:37:25The details are the GSTR number.
00:37:27The GSTR number is the GSTR number.
00:37:29The GSTR number is the GSTR number.
00:37:31The GSTR number is the GSTR number.
00:37:33The GSTR number is the GSTR number.
00:37:34The GSTR number is the GSTR number.
00:37:35The GSTR number is the GSTR number.
00:37:36The GSTR number is the GSTR number.
00:37:37The GSTR number is the GSTR number.
00:37:38The GSTR number is the GSTR number.
00:37:39The GSTR number is the GSTR number.
00:37:40The GSTR number is the GSTR number.
00:37:41The GSTR number is the GSTR number.
00:37:42The GSTR number is the GSTR number.
00:37:43The GSTR number is the GSTR number.
00:37:44The GSTR number is the GSTR number.
00:37:45The GSTR number is the GSTR number.
00:37:46The GSTR number is the GSTR number.
00:37:47The GSTR number is the GSTR number.
00:37:48The GSTR number is the GSTR number.
00:37:49The GSTR number is the GSTR number.
00:37:50The GSTR number is the GSTR number.
00:37:51Okay, as monthly, this is GSTR-4, here he wants to get the GSTR-3B, GSTR-3B, this is the 20th of the succeeding month.
00:38:21This is regular. Composition-1B, GSTR-4, this is the 20th of the succeeding month, this is the 20th of the succeeding month.
00:38:51From the end of financial year. Okay, end of financial year. Is that okay?
00:38:58So, 1-4-2020 to 31st of March 2021, you can get the GSTR-4, 30th of April, you can get the GSTR-4, 30th of April, you can get the GSTR-4.
00:39:10This is the 1st of the year, 3B, 4 is the yearly ones. Yearly ones, you can get the tax payment quarterly, you can get the tax return, you can get the tax return.
00:39:22This weekend, is the $1.050 you can get the GSTR-4.
00:39:27returns to pay.
00:39:29Tax pay.
00:39:3120 and 22
00:39:32if your aggregate
00:39:35is less than 5 crores.
00:39:37Composition
00:39:39GSTR 4
00:39:41GSTR 4
00:39:43GSTR 4
00:39:45April 30th
00:39:47Quartily once
00:39:49Quartily once
00:39:51Quartily once
00:39:5313th
00:39:55you will be able to make a payment.
00:39:57This is the form of CMP-08.
00:40:01CMP-08.
00:40:03Composition level.
00:40:05CMP-09.
00:40:07Composition level.
00:40:09GSTR-09.
00:40:11Okay.
00:40:13Fair.
00:40:15So, it is composition.
00:40:17REG-01
00:40:19Form application for the registration number.
00:40:23Composition level.
00:40:25Composition level.
00:40:2708.
00:40:29One quarter.
00:40:31Quarter.
00:40:33Quarter.
00:40:35Payment along with the CMP.
00:40:37CMP-09.
00:40:39Full report.
00:40:41GSTR-04.
00:40:43Year.
00:40:45Quarter.
00:40:47Quarter.
00:40:49Year starts with 1st April.
00:40:51First month.
00:40:5330th June is KAR1 QUARTER,
00:40:5530 September
00:40:57ثPar1 December
00:40:5931st December
00:41:0031
00:41:10January
00:41:15GSTR4A is autopopulated. Is that okay? That is GSTR1. I will feed outward supply. GSTR2
00:41:33GSTR4A is the GSTR4A is the GSTR4A.
00:42:01GSTR4A is updated in GSTR4A. Is that okay?
00:42:07Who have submitted contented GSTR4A is the GSTR4A way for GSTR4A and the GSTR4A.
00:42:15So, GSTR4A is the Gтов4A. This is nothing but inverse supply.
00:42:29Invert Supply. Invert Supply.
00:42:32Invert Supply.
00:42:33This is what content is available.
00:42:35If you are a taxpayer,
00:42:37composition taxpayer is not available.
00:42:39What is the case?
00:42:40Regular taxpayer is filing date.
00:42:43Composition is available.
00:42:45Filing date is regular.
00:42:474 is available.
00:42:49It is not available.
00:42:50It is available.
00:42:52Monthly ones are available.
00:42:54Quarterly ones are available.
00:42:56Consolidated GSTR 4.
00:42:58Composition.
00:43:00Composition.
00:43:02Composition is available.
00:43:05Composition is available.
00:43:07Composition is available.
00:43:11I will fill in the same format.
00:43:13Composition is available.
00:43:15Acting for Composition scheme.
00:43:18Okay.
00:43:20Due date for return
00:43:24relating to the period
00:43:25prior to acting for Composition scheme.
00:43:28Actual law section 39 on the deal deal, complete return, okay, complete return, this is what you can do, September due date or annual return file, whichever is earlier date, you can file.
00:43:50Okay, in which period you have regular tax payers, composition tax payers, marketing law, if there are regular tax payers or period returns, submit, due date blur, due date, this is what you can do, this is what you can do.
00:44:10The last cut-off date when it appears to you, September due date for filing of return or annual return filing date, annual return filing date, 31st December, other than due date for annual return filing.
00:44:24But you can do, annual return, annual return filing, that is what you can do, the date you can do, due date and return, you can do all the other.
00:44:32This is the composition tax payers, regular scheme, the formula is made in the form of a year, he has to submit an old formate, up to this period.
00:44:40period. This is the old format.
00:44:44Complication.
00:44:46Non-resident taxable person
00:44:49GSTR file fill
00:44:52All provisions similar to GSTR
00:44:553B
00:44:58conditions appear.
00:45:01Non-resident taxable person
00:45:08Non-resident taxable person
00:45:12Provided
00:45:14Non-resident taxable person
00:45:16Is similar to the CTP
00:45:18CTP
00:45:20Casual taxable person
00:45:22Short duration operate
00:45:24That is casual taxable person
00:45:26Short duration business
00:45:28So apply
00:45:30Estimated GSTR tax
00:45:32Registration
00:45:34Is that okay?
00:45:36So he might have deposited some estimated tax
00:45:38Before he applies for
00:45:40Taxation
00:45:42Registration as NRTP
00:45:44Duration is a short period
00:45:46What do you say?
00:45:48So he has to file the monthly return
00:45:52Similar to GSTR 3B
00:45:54So he has to file the monthly return
00:45:56Similar to GSTR 3B
00:45:58But the form name is file
00:46:00Okay
00:46:02Last data filing is written
00:46:04Within 20 days after the calendar
00:46:06And the calendar period
00:46:08And the calendar period
00:46:10And the calendar month
00:46:14And the calendar month
00:46:16That is
00:46:18January 2021
00:46:20I have to file the need
00:46:21Submit
00:46:22Submit
00:46:26Is that okay?
00:46:28Suppose
00:46:30Suppose, that if there is validity,
00:46:37it will expire.
00:46:40Why does it expire?
00:46:424th Jan. 2020, 2021,
00:46:46it will expire.
00:46:48Sir, 4th Jan.
00:46:50It will expire in February.
00:46:53If it expires any date in that month,
00:46:57it will expire within 7 days.
00:47:0011th Jan. 2021,
00:47:03it will expire in GSTR file.
00:47:06Is that okay?
00:47:07So, the last date of filing of return is within 20 days after the end of the calendar.
00:47:12And the R provision is GSTR 3 week.
00:47:17It is applicable only for the GSTR file.
00:47:19So, GSTR file within 7 days after the last day of the validity period.
00:47:24That is the validity period.
00:47:25And the validity period,
00:47:26what is the validity period?
00:47:27That is the date.
00:47:28The year, 4th year exam.
00:47:29Along with the annual return.
00:47:31Annual return.
00:47:32Full returns.
00:47:33It will expire.
00:47:34That is the date of payment,
00:47:36like interest, penalty, fee,
00:47:37whatever.
00:47:38Why?
00:47:39It will be difficult.
00:47:40On the estimated basis,
00:47:41one of the five lakhs,
00:47:42one of the GSTR,
00:47:43one of the GSTR,
00:47:44one of the business,
00:47:45he might have deposited five lakhs,
00:47:47ahead of applying for registration.
00:47:49But close,
00:47:50close,
00:47:51mismatch,
00:47:52five and a half lakhs,
00:47:53four and a half lakhs,
00:47:54four and a half lakhs,
00:47:55four and a half lakhs,
00:47:56refund claim,
00:47:57five and a half lakhs,
00:47:58additional 50,000,
00:47:59interest, penalty fee,
00:48:00that would be $10,000,
00:48:01close,
00:48:03okay?
00:48:04The due date of payment,
00:48:05usually in advance.
00:48:06Isn't it?
00:48:07Usually in advance.
00:48:08Before the due date of filing of return.
00:48:10of return.
00:48:11Errors allowed, sir.
00:48:12Yeah, of course,
00:48:13errors are there,
00:48:14rectifying,
00:48:15but rectification is not allowed.
00:48:19Revision of return is not allowed,
00:48:21but rectification will be allowable
00:48:23in the subsequent return.
00:48:26Subsequent,
00:48:27in the due date,
00:48:28in the last date for rectification,
00:48:30due date of filing of the return for the September month,
00:48:35or actual date of filing of annual return,
00:48:38return for whichthever is earlier will be taken.
00:48:40and in that religion.
00:48:42And in the integration,
00:48:43file's by filing of finance sir,
00:48:44that puts the filing of income tax's on tax,
00:48:47as a result of income tax's on tax.
00:48:48Income tax is not done,
00:48:49also to record salary in full selection signed tax попut and file.
00:48:52And that was what it shall work as if you did it,
00:48:53it had to rise like taxy.
00:48:55Carrie,
00:48:56papier,
00:48:57one date,
00:48:58홈 & firm family may,
00:49:00Mojo neither,
00:49:01Mojo nor newspaper may,
00:49:03早 Soon doch but of Mani Woja��를 NEWS.
00:49:04To Hazare,
00:49:05that provision is not applicable in GSTR,
00:49:06applicable in GSTR, yet no written file
00:49:08made that final you cannot
00:49:10revise that written but if
00:49:12there is any clerical
00:49:14error you can rectify in the next
00:49:16file you can do
00:49:18and clerical error
00:49:20scrutiny
00:49:22audit
00:49:24inspection
00:49:26enforcement activity
00:49:28error rectify
00:49:30it is not allowed
00:49:32that is
00:49:34information
00:49:36if you file
00:49:38or manipulate
00:49:40you file
00:49:42by reducing tax
00:49:44liability somehow
00:49:46or by climbing extra
00:49:48ITC whatever it may be
00:49:50file
00:49:52but if you are
00:49:54right
00:49:56rectify
00:49:58because
00:50:00scrutiny
00:50:02audit
00:50:03inspection
00:50:05enforcement
00:50:07activities
00:50:09you have to be liable for the penalty and all the things
00:50:11is that okay
00:50:13that's how this provision is there
00:50:15okay
00:50:17a return
00:50:19a return furnished under section 39
00:50:21on which self assessed tax has been paid in full is considered valid return
00:50:27return
00:50:29here
00:50:31if you file
00:50:33you file
00:50:35you file
00:50:37you file
00:50:39returns
00:50:40file
00:50:41okay
00:50:43and the
00:50:45okay
00:50:47and the filing of returns for the current month is possible only when returns of the previous month have been filed
00:50:57January
00:50:59January
00:51:01January
00:51:03you file
00:51:05you file
00:51:07not
00:51:09you file
00:51:11you file
00:51:13you file
00:51:14A taxpayer needs to electronically sign, if you sign it will be electronically sign, right?
00:51:21It will be considered not filled, okay?
00:51:25DSC, digital signature, right?
00:51:30DSC, Digital Signature Certificate
00:51:32Everybody will have their own digital signature certificate.
00:51:42So, these are the provisions you have to keep in your mind for section 39.
00:51:53Questions, sir.
00:51:55Let's see.
00:51:59Mr. Ashok obtains registration under regular scheme.
00:52:05He asked Mr. Mohan, his tax manager, to pay GST on quarterly basis.
00:52:11So, we can pay the GST on quarterly basis.
00:52:19However, Mr. Mohan advises Mr. Akash to pay GST on monthly basis.
00:52:25You are required to examine the validity of the advice given by Mr. Mohan.
00:52:30So, your 3 maas in the first month, cut it to mass, are there?
00:52:33No.
00:52:34If you are being the regular taxpayer, regular registered person, you have to pay the tax once in every month.
00:52:413 maas in every month.
00:52:423 maas one so, you will cut it to the month.
00:52:44Composition is one so, you will cut it to the month.
00:52:46In general, if the composition is regular and you will cut it to the month.
00:52:50You are regular scheme.
00:52:51You will cut it to the month.
00:52:52Composition scheme under three months.
00:52:53You are regular scheme.
00:52:54You are regular scheme.
00:52:55You are regular scheme.
00:52:56Automatically, he falls under the first category means.
00:52:59means he has to pay the GST in the next month 20th puller, that's how he can do the acts.
00:53:07Miss Pragya, a taxpayer registered under regular scheme, regular scheme, files GST
00:53:15at 3B, 3B file panala, correct now, for the month of October 20th November, after filing
00:53:22the written sheet discovers that the value of taxable supply has been underreported.
00:53:27Miss Pragya now wants to file a revised GST at 3B, examine the scenario and give your
00:53:41comments.
00:53:42Revised GST at 3B, no, we cannot submit the GST at 3B once again, once submitted, it's
00:53:49a final.
00:53:50If there is any clerical error, what can we do, sir?
00:53:52If there is any clerical error, you cannot do it at all.
00:53:53So, with that section 39, returns to the end of the path of the corona furnishing the details
00:53:59of outward supply in GSTR to 1 and 1a irukhi, 2 and 2a irukhi.
00:54:00If there is any clerical error, you cannot do it at all.
00:54:02So, with that section 39, returns to the end of the path of the corona furnishing the details
00:54:06of outward supply in GSTR 1.
00:54:08Furnishing the details of inward supply in GSTR to 1 and 1a irukhi, 2 and 2a irukhi.
00:54:15Apart from that, we have what?
00:54:16We have composition levikhi irukhi.
00:54:17Furnishing of the periodical returns on the end of GSTR 3B composition levikhi irukhi.
00:54:22Furnishing of the periodical returns on the end of GSTR 3B composition levikhi varambodhu
00:54:234.
00:54:24NRTP varambodhu 5.
00:54:25Is that okay?
00:54:26Now, section 40 is first to return.
00:54:27Section 40 is first to return.
00:54:281 and 1a irukhi, 2 and 2a irukhi.
00:54:29Apart from that, we have what?
00:54:33Composition levikhi irukhi.
00:54:36Furnishing of the periodical returns on the end of GSTR 3B composition levikhi varambodhu
00:54:454.
00:54:46NRTP varambodhu 5.
00:54:47Is that okay?
00:54:52Now, section 40 is first to return.
00:55:0041, 42, 43 not applicable for CA intern.
00:55:07It is meant only for the CMA and CS students.
00:55:13Annual return, now we discuss.
00:55:16Yearly once.
00:55:17Yearly once.
00:55:18Enne kula ra pannula?
00:55:1931st December of the next month.
00:55:21Kula ra pannula.
00:55:22Aadhu pathti bhaagaparou.
00:55:23Final return phaagkonu.
00:55:25Notice to return defaultedts.
00:55:28And then the date la pannula na levy of late fee will be there.
00:55:33So, section 40, 44, 45, 46, 47.
00:55:36Aadhu lammal nenge goods and services tax practitioner ra.
00:55:42Practice pannula ma.
00:55:43Aadhu chanak pannula.
00:55:44Aadhu is the section 48 le deal paneeruk.
00:55:46So, we have completed the first three section.
00:55:48Now, we are going to deal with section 40, 44, 45, 46, 47 and 48 all.
00:55:54Is that okay?
00:55:56Now, adhenna sir first to return?
00:55:59Adhu unnum kada yadhu nge normal return pannudthaan.
00:56:02Section 40 illa first to return panggapurom.
00:56:05Mudal murey aga register pannna oodan na file pannudra nge adhu kaya first to return.
00:56:09Yes, sir.
00:56:10Mudal murey aga file pannudra oodukki.
00:56:12Yes, sir.
00:56:13Pari yadhu returns.
00:56:14Unnum aaday aga one return irukkla.
00:56:15And the return e kudukkawad idunna gsdr one name.
00:56:17First name kudukkampo thaa.
00:56:19Overukk enna pannudra nge?
00:56:21Date libel for registration date lundhu.
00:56:24Registration certificate varavarai kki irukkara arundu period uku.
00:56:27He can issue the revised invoice in one concept athamal registration illa.
00:56:32Isn't it?
00:56:34Registration ooddu nama link pannudkira.
00:56:36Ooddu idea ooddu.
00:56:38Suppose, one for 2020 lundhu 31st March 2021 varakki mirukkabudu ye year lundh.
00:56:46He crosses the limit.
00:56:49Okay, threshold limit across pannudhu ondhu 1st July 2020 lundhu chikking hai.
00:56:54Alawadhu, service provider and his limit crosses 20 lakhs on that date.
00:57:00He is liable to register.
00:57:02He is liable to register na within 30 days kudukla avarai pannudhu.
00:57:04For example, 25th July 2020 lundhu apply pannudhu.
00:57:081st August 2020 avarikku registration certificate ondhu chik.
00:57:14Ithu registration certificate ondhu date.
00:57:16Ithu liable to register.
00:57:18Ithu apply for register.
00:57:20If he applies for the registration within 30 days from the date liable for registration nāk eivandhāl.
00:57:26The valid registration ondhu,
00:57:28ENDTH date ead tukerangu?
00:57:29ENDTH date ead tukerangu?
00:57:30ENDTH date ead tukerangu?
00:57:31ENDTH date ead tukerangu?
00:57:32ENDTH registration la pannudhu.
00:57:33This date ead nth date ead valikki nana
00:57:55So the registered person can issue the revised return, hence the first return contains,
00:58:02what are the details? Outward supplies for this period.
00:58:06Outward supplies, other details are the first return. Is that okay?
00:58:13Why do we have the first return?
00:58:16Why do we have the first return?
00:58:28That's all about section 40.
00:58:31Annual return, we have the due date on the 31st of December,
00:58:37All registered person is done,
00:58:39Who is the first return?
00:58:41CTP is done,
00:58:42CTP is done,
00:58:44Usually 3 months extended by another 3 months,
00:58:486 months is done,
00:58:50NRTP, ISD,
00:58:52TDS, TCS, Ecom Operator, OIDR,
00:58:56This is the first return.
00:58:58The due date on the 31st December,
00:59:02What is the form?
00:59:04Composition scheme supplier,
00:59:06Form No. 98.
00:59:08That's all.
00:59:10Is that okay?
00:59:12And along with the audit report also,
00:59:15You have to submit,
00:59:16If your financial aggregate turnover exists 2 years,
00:59:20So you have to get your accounts audited by the chartered accountant or cost accountant.
00:59:27So being the cost accountant also,
00:59:29You have the rights to audit the GST.
00:59:31GST you have to audit.
00:59:33GST income tax,
00:59:35Tax on this is the Tamil Nadu VAT
00:59:37VAT one of the cost accountant can audit.
00:59:39Audit sign pangala.
00:59:41Okay.
00:59:42So you have to audit sign pangala,
00:59:44You have to know,
00:59:45This is what I have to do,
00:59:46This is what I have to do,
00:59:47Annual return.
00:59:48So you have to do GST.
00:59:50So GST can be audited by chartered accountant,
00:59:53Even cost accountant can also audit and sign it,
00:59:56And the report to audit file pangala.
00:59:58This is what I have to do annual return.
01:00:00So annual return file pangala form on the 9th,
01:00:02For the regular payer,
01:00:04Others the composition on the 98th,
01:00:06That's all.
01:00:08Section 45 deals with the final return.
01:00:10Final return,
01:00:11Business close to the 10th,
01:00:12Business close to the 10th,
01:00:13And then submit to the 10th,
01:00:14Final return.
01:00:15Which is what you have to do,
01:00:16GST at 10th.
01:00:17So as per provisions are the real,
01:00:19As per the content of GST at 10,
01:00:22You have to feed the information,
01:00:24While you close your registration status.
01:00:28The register person in the 9th,
01:00:30If you are the potential.
01:00:32Cancel the registration status.
01:00:34Cancel the registration status.
01:00:35The registered person to tell you the more.
01:00:37Cancel the cancellation.
01:00:38If you are one final return,
01:00:39Submit to the GST at 10th.
01:00:40Ok.
01:00:41Now how to do and develop after I have a request.
01:00:43Whichever is earlier and later,
01:00:45If you cancel the details.
01:00:47If you cancel the details,
01:00:49If you file the details,
01:00:50If you receive a file and apply,
01:00:52With you to report it,
01:00:55The officer will, the proper officer will cancel your registration,
01:01:00of course, cancel your registration.
01:01:02Order for cancellation.
01:01:05Sir, I am business.
01:01:06Sir, I am canceling you,
01:01:07you can file it.
01:01:09All the order for cancellation,
01:01:11you can file it.
01:01:13So, in the two,
01:01:14whichever is later,
01:01:16whichever is later,
01:01:17three months,
01:01:18in this three months,
01:01:19you can submit it.
01:01:21So, final return has to be filed within three months from
01:01:25this two date.
01:01:27Date of cancellation,
01:01:29I am going to apply for cancellation,
01:01:311st July 2020.
01:01:34That is the 3 months time.
01:01:37So,
01:01:391st October 2020,
01:01:41I am going to submit it.
01:01:43I am going to cancel,
01:01:45the department,
01:01:47the proper officer,
01:01:491st August 2020,
01:01:51I am going to cancel.
01:01:53In the date,
01:01:541st October 2020,
01:01:551st October 2020,
01:01:56whichever is later date,
01:01:57clear,
01:01:58that date,
01:01:593 months,
01:02:00you can submit it.
01:02:01That date,
01:02:023 months,
01:02:03you can submit it.
01:02:054th,
01:02:06and
01:02:074th,
01:02:08ui
01:02:09n
01:02:10n
01:02:11n
01:02:12n
01:02:13n
01:02:14n
01:02:15n
01:02:16n
01:02:17n
01:02:18n
01:02:19n
01:02:21n
01:02:22n
01:02:23n
01:02:24n
01:02:26n
01:02:27n
01:02:28n
01:02:29n
01:02:30Invert supply.
01:02:32This is the GST.
01:02:34Of course,
01:02:36Outward supply is not available.
01:02:38GST is not available.
01:02:42What is the GST?
01:02:44Cash refund
01:02:46That is the UIN number.
01:02:48If you are
01:02:50at the UIN
01:02:52at the UIN
01:02:54document
01:02:56So, UIN issued for
01:03:00Clining refund of taxes paid on
01:03:02is Invert supply.
01:03:04Invert supply,
01:03:06ITC is not available.
01:03:08The GST is not available.
01:03:10Our GST is not available.
01:03:12No.
01:03:14No.
01:03:16That is not available.
01:03:18That is not available.
01:03:20Other than refund of tax
01:03:22purpose is available.
01:03:24Okay.
01:03:26That is not available.
01:03:28That is not available.
01:03:30That is not available.
01:03:32Invert supply.
01:03:34Refund claim
01:03:36Invert supply.
01:03:38That is not available.
01:03:40That is not available.
01:03:42That is not available.
01:03:44So, the GST number 11 is applicable
01:03:46for UIN.
01:03:48The GST number 11 will be applicable.
01:03:50Is that okay?
01:03:52Section 46
01:03:54is nothing but
01:03:56You say returns
01:03:58default
01:04:00default
01:04:02I will notice
01:04:04I will notice
01:04:06Right.
01:04:08Section 47
01:04:10late fee
01:04:12I will notice
01:04:14Section 37
01:04:16Section 39
01:04:18So,
01:04:20Section 37
01:04:21Outward supply
01:04:221 to 10
01:04:24Section 39
01:04:2511 to
01:04:2615
01:04:27verify
01:04:28Outward supply
01:04:30Section 39
01:04:32Monthly return
01:04:34That is due date
01:04:35Due date
01:04:36Due date
01:04:37Outward
01:04:381 to 10
01:04:39Next month
01:04:40This is
01:04:4120th
01:04:42Next month
01:04:44Automatically
01:04:46Final return
01:04:47Automatically
01:04:48Penalty
01:04:50Late fee
01:04:51That is
01:04:52100
01:04:54$100
01:04:56$5000
01:04:57$100
01:04:58Affiliate
01:04:59$100
01:05:00$100
01:05:01$10
01:05:02Confrontal
01:05:03$100
01:05:04$100
01:05:05$100
01:05:06$%
01:05:08$100
01:05:09$100
01:05:10$100
01:05:12$100
01:05:14$100
01:05:15$100
01:05:16$100
01:05:17$100
01:05:18$100
01:05:19$100
01:05:20section 44 on the annual return 10 million GSTR 9 and 9A 9A, that file is done by the annual return
01:05:33annual return on the 31st December plan file is done by the 10 million
01:05:38100 per day for the delay, over the hour and that is 100.00, that is the 100.00, that is the 100.00
01:05:460.25% of the turnover. 0.25% of the turnover of the registered person. So, turnover
01:05:56you will have to go, 0.25% is correct. You will have to go, 0.25% is 1 crore, 1 like
01:06:0325,000. 25,000 otherwise 100 rupees per day of delay, ready to calculate which ever is
01:06:09lower will be the penalty under section. 44 if you are not submitted annual written.
01:06:14So, it is all penalty. 46 if you have a prompt file, you will have a notice. It is giving
01:06:24the power to send the notice. 47 if you have a late fee. That is section 37, 39, 45
01:06:30if you have 100 per day or 5,000 whichever is lower will be taken. Annual return will be
01:06:36100 or 0.25% of the turnover which ever is lower will be taken. Is that okay? So, with
01:06:42that all the provisions related to filing of returns is over. Is that clear? Now, we
01:06:49will deal with section 48 goods and services tax practitioners. Goods and service tax practitioners.
01:07:05GSTP practice practice practitioners. GSTP practice practice practice practice for
01:07:1211. So, eligible person. Eligible person. GSTP exam. Authorized to act. He is authorized to
01:07:22act as an approved GSTP. Okay. Registered person. GSTP and GSTN. Registered person in the filing
01:07:41returns in the filing returns. Registered person. GSTN is done. GSTR 1 and 3B.
01:07:481 and 3B. It is a matter of saying. Yearly once, it is a matter of saying, yearly once
01:07:559. The 3 has come. Then 3 has come. 1, 3, B, 9 minimum. Now, the work is done. It is a matter of saying,
01:08:01He can authorize GSTP to act on behalf of filing all this written GSTR 1, 3B,
01:08:13He can represent on behalf of the GSTP.
01:08:41Like, he can represent on behalf of him.
01:08:44One chartered account and cost account under the lower level,
01:08:48in the tribunal, the client because of the advocate,
01:08:50they have the rights.
01:08:52Is that okay? They have the rights.
01:08:55Right.
01:08:56So, GSTP has the rights.
01:08:58But, RP should give the power to him.
01:09:00Authorize to him.
01:09:02If you have registered person,
01:09:05you can find the GSTP website.
01:09:07You can find the GSTP website.
01:09:09You can find the GSTP website.
01:09:11If you have registered person,
01:09:13you can find the GSTP website.
01:09:15You can find the GSTP website.
01:09:17You can find the GSTP website.
01:09:19You can find the GSTP website.
01:09:21Okay.
01:09:22In the registered person,
01:09:23you can find the details.
01:09:25Not only that,
01:09:26how much you can authorize the details.
01:09:28Is that okay?
01:09:30But, they have to get authorization.
01:09:32Ah, the legal Leger…
01:09:33How many,
01:09:34how many file work in this site are.
01:09:35All Of The Creative was answered down,
01:09:36they have to get the phenomenal…
01:09:37During the scope,
01:09:38the GSTP website is the only specific…
01:09:40The idea is that…
01:09:42NYC number.
01:09:43Also,
01:09:44Okay.
01:09:45So,
01:09:46how much you can authorize one of the GSTP page.
01:09:48Let's talk about the information,
01:09:50HR does
01:10:01can do all work on because of the taxpayer under this ID.
01:10:05This is not an idea.
01:10:06If you don't have any idea, you can feed the taxpayer.
01:10:09A taxpayer may choose different GSTP under the GST portal.
01:10:13If you prefer the GSTP, then make the GSTP.
01:10:18You can do that.
01:10:19That's what about the first block.
01:10:21If we apply GSTP, if we apply and qualify, we will do that.
01:10:29qualification, disqualification
01:10:31disqualification
01:10:33approved
01:10:35in the company
01:10:37authorised GSTP
01:10:39disqualification
01:10:41order rejection
01:10:43approved GSTP
01:10:45authorization letter
01:10:47withdraw of authorization
01:10:49withdraw of authorization
01:10:51all machine
01:10:53PCT
01:10:55this is what them
01:10:57practitioner certificate
01:10:59form maathine vetchikla
01:11:01ea GSTP enrolled
01:11:03in if it treated as enrolled
01:11:05in other state also, oru statele
01:11:07you register pundikna, all statele register pundakha
01:11:09tham, is that okay, so ito
01:11:11our advantage we have
01:11:13eithila eligibility
01:11:15eanna abhi chunakha, Indian citizen
01:11:17arukano sound mind
01:11:19non adjudicated as insolvent and
01:11:21not being convicted
01:11:23by a competent
01:11:25court
01:11:27indian citizen
01:11:29gstp
01:11:33sound mind
01:11:35sound mind
01:11:37and insolvent
01:11:39court
01:11:41regimen
01:11:43court
01:11:45convicted by competent
01:11:47court
01:11:49any one of the conditions
01:11:51should be satisfied
01:11:53that is
01:11:55retired officer
01:11:57commercial tax department
01:11:59group b officer
01:12:01okay
01:12:03retired
01:12:05you are eligible for GSTP
01:12:07okay
01:12:09GST
01:12:11okay
01:12:13GST
01:12:15varath
01:12:17kumunadi
01:12:19sales tax
01:12:21practitioner
01:12:23na
01:12:25gst
01:12:27gstp also by default
01:12:29for a period of 5 years
01:12:31adukkulada nike gstp exam pass fundi
01:12:33full qualified
01:12:35so
01:12:37i can convert myself into the GSTP
01:12:39for a period of 5 years
01:12:41either
01:12:43either
01:12:44lsr
01:12:45nsr
01:12:47qualification
01:12:49ug
01:12:50pg
01:12:51commercial
01:12:52law
01:12:53banking
01:12:54bpa
01:12:55and
01:12:56any foreign university
01:12:57you are eligible for applying
01:12:59GSTP
01:13:00okay
01:13:01so
01:13:02CSEMA
01:13:03CS
01:13:04pass
01:13:05you cannot be GSTP
01:13:06unless you pass the GSTP exam
01:13:08nike GSTP exam
01:13:09pass fundi
01:13:10become modest
01:13:11nike GSTP exam
01:13:12pass fundi
01:13:13any qualification
01:13:14like
01:13:15UGPG
01:13:16commerce
01:13:17law
01:13:18banking
01:13:19is that okay
01:13:21now
01:13:23now
01:13:24he he Jarelated
01:13:26activities
01:13:27they can
01:13:29furnish the outward supplies
01:13:31invert supplies
01:13:33monthly
01:13:34quarterly
01:13:35annual returns
01:13:36kutukla
01:13:37deposit
01:13:38electronic
01:13:39credit Leword
01:13:40cash Leword
01:13:41deposit
01:13:42e-way Bills
01:13:48appear
01:13:49in front of the
01:13:50Tribunal
01:13:51argue
01:13:52Argue pannula, cancellation pannula, this is all the issues that are normally registered person, this is the operation of GSTP, okay, on confirmation of registered person, on confirmation of registered person, so GSTP is not responsible, for claim for refund, these are refunds,
01:14:20he is not responsible for that, okay, file and application for registration, amendment, cancellation of all means, registered person, on confirmation of the law, GSTP is not held responsible, is that okay, in the vision, this is the activities, activities, this is the point in mind, this is the point in mind,
01:14:43so the other points to be noted here, other points, is that okay, now, any registered person gives consent and authorizes GSTP,
01:14:57here, other points, is that okay, now,
01:15:04any registered person gives consent and authorizes GSTP,
01:15:09GSTP,
01:15:14now,
01:15:16next week,
01:15:19GSTP accepts,
01:15:20undertake only such task,
01:15:23ask.
01:15:24You are inna-nna well-ease you are inna-nna well-ease you are inna-nna adu, illa dissatisfaction
01:15:27authorization withdraw koda pandulaaam.
01:15:31GSTP on confirmation he can do the registration all on behalf of him, our bell pandulaaam.
01:15:39And GSTP sign pandampoodu affix digital sign.
01:15:44An applicant is in prescribed form made electronically through the common portal, GSTP
01:15:51certificate apply pandulaaam.
01:15:53That scrutinize pandittu uunggulukku certificate alert pandikulaaam.
01:15:57GSTP certificate ppudukulaaam.
01:15:59Granted pandulaaam.
01:16:01That is rejection pandulaaam.
01:16:03Ok.
01:16:05Enrolments once done api nchunakka, it is valid till cancelled.
01:16:10Miscontact moulamma cancel pandu avarekkkim, illa nīgile cancel pandu avarekkkim adu valid
01:16:15lifetime valid ikki uundundu nsone.
01:16:17Ok.
01:16:19So, inge vandu 30 mints, 2 and a half years will ikki uundundu.
01:16:29Ok.
01:16:30Earlier indirect tax lawvular, if you are being the practitioner, then you can come here
01:16:36also being the practitioner for 30 mints reduced to 1 provided you have to pass the examination
01:16:42as quick as possible.
01:16:43GSTP illaamal.
01:16:44Adhaudhan the qualification illaamal.
01:16:45Nīgile practice pandam mudiyad.
01:16:46And the qualification exam vandhu.
01:16:47National academy of customs and indirect taxation and narcotics.
01:16:48So, in the qualification illaamal.
01:16:49Nīgile practice pandam mudiyad.
01:16:51And the qualification exam vandhu.
01:16:52National academy of customs and indirect taxation and narcotics.
01:16:57Is that ok?
01:16:58Now, some practical questions.
01:17:07practical questions.
01:17:08Practical questions.
01:17:10Mr. X a registered taxpayer did not make any taxable supply during the month July.
01:17:23Is he required to file GSTR 3b?
01:17:26Yes.
01:17:27Even nil return submit pandhidha haakono.
01:17:30Nil return.
01:17:31Is that ok?
01:17:32File pandam irukka muliyadhu.
01:17:34If your return has been filed, how can it be revised if some changes are required to be made?
01:17:41You cannot revise it.
01:17:43But you can author in the next year in the amendment table.
01:17:48GSTR on the amendment table.
01:17:50On the amendment table.
01:17:51On the amendment table.
01:17:52On the amendment table.
01:17:53Is that ok?
01:17:549.
01:17:55Amendment to the taxable outward supply details furnished in the returns of earlier tax period.
01:18:13Is that ok?
01:18:14Inja pahit.
01:18:15Is that clear?
01:18:16Form number GSTR.
01:18:19Three years.
01:18:20GSTR only a namakku oru para adhu patthi soohi irukpa.
01:18:23Adhulabai amendment pandhikla.
01:18:24But revised panambriyad.
01:18:27Mrs. Kavanan Enterprises a registered supply of designer bidding dresses under regular scheme.
01:18:34Has aggregate annual turnover of 30 lakhs in the preceding financial year.
01:18:39It is of the view that in the current financial year it is permitted to file its statement of outward surprise GSTR 1.
01:18:46On a quarterly basis.
01:18:48While its accountant advises it to file the same and monthly basis.
01:18:52Your quarterly basis la pandhiklaan.
01:18:54Inaikkeraar.
01:18:55Illna niyak monthly thang pandhaan soohi irukkeraangga.
01:18:58Accountant.
01:18:59Advise him abhim soohi irukkeraangga.
01:19:01Yeah of course if he is being the regular taxpayer on the monthly ones.
01:19:05You would have a turnover on the 30 lakhs.
01:19:07Less than one and a half crores irukkeraala.
01:19:09He can act for the composition levy.
01:19:11And in case of composition levy he can file once in three months.
01:19:16Quarterly once allowed in the case.
01:19:18Mr. Kohli is a registered supplier in the state of Gujarat.
01:19:23He is filing GSTR 1 every month.
01:19:26During the month of February he went out of India and thus could not do any business transaction.
01:19:32Business transaction during that month.
01:19:35End the transaction panala.
01:19:37He believes that as there is no transaction there is no need to file GSTR 1 for the month of February.
01:19:43Is he correct?
01:19:44File is a registered dealer in Kerala paying tax under composition levy from 1st April.
01:20:02However he has to pay tax under regular scheme from 1st December.
01:20:07The moment you convert yourself into composition levy until that point you are liable to follow all the provisions for the regular taxpayer.
01:20:35taxpayer. Of course, yes, you have to go for that. Okay.
01:20:43It is 4 on the composition. Now, Mr. Jareena, a registered dealer in Rajasthan, did not file GST at 3B for the month of June, but she wants to file GST at 3B for the month of July.
01:20:57He has to first file the June month details, then he can file the July month details. Then, next, X has not made any output supply during the month of September. However, X has procured certain input services during the month.
01:21:23X is not the opinion that he can file new GST at 3B of the month of September through SMS. Whether the attestating of the X is correct or not.
01:21:32Nill return, what is the return? What is the return? What is the return? What is the return?
01:21:38If you purchase them, it will be auto-populated. That's what it says. What is the return?
01:21:43What is the return? What is the return? That gets auto-populated in GST at 2A.
01:21:49If you get a return, you will get a return from the year. If you say that, it will be a return from the year.
01:21:54If you get a return, there should not be single entry in any of the cells available.
01:21:59The next one, A is a chartered content in practice and is registered under GST.
01:22:15On a query regarding return filing process by a potential client, he has represented him as a GSTP.
01:22:22If you refer to a GSTP, if you refer to a moving strategy, which is a GSTP происходит?
01:22:24If you implement a certain company, you are calling the GSTP.
01:22:25If you have a return, you will find a GSTP.
01:22:26If you refer to a GSTP if you refer to a contract or a contract.
01:22:27If you refer to the GSTP, your request to be registered, you are registered.
01:22:28When you refer to the GSTP.
01:22:29How have you received a chartered content?
01:22:30You are a qualified CA with a GSTP.
01:22:32In your name of his proprietorship firm.
01:22:33If you are registered as a GSTP.
01:22:34If you refer to the GSTP, you are registered as a GSTP.
01:22:35If you refer to the GSTP and a contingent agency, you will go to the GSTP.
01:22:37That's not a GSTP.
01:22:38audit firm you can see GSTN there. GSTN there. Even one chartered up content,
01:22:43than a GSTN there. Even one client argue
01:22:48right. He also qualifies as GSTP. Is that?
01:22:54Okay. Is the understanding of A is correct?
01:23:01That is why he also qualifies GSTP. He is also not qualified.
01:23:08He is not qualified for GSTP.
01:23:11No. He has to get certified from or pass the examination conducted by
01:23:29This Chartered Accountant is a eligible qualification but you are not GSTP, you are not GSTP.
01:23:38Is that okay?
01:23:40Then next.
01:23:41QuickTax, a GST return filing service provider has asked its client to provide the scanned
01:23:47copies of the tax invoice issued to the BTP customers for uploading on the GST portal
01:23:52and filing the return.
01:23:54Whether the process followed by QuickTax is correct?
01:23:56If you supply the GST bill, you can scan and file the file?
01:24:03No, not required.
01:24:04Because we are going to feed the data only in the concerned cell.
01:24:08GSTR farm cooler and the cell will have been, details feed the data.
01:24:11We are not uploading any of the documents, assets, assets here.
01:24:16Is that okay?
01:24:17Sir, this is the manual feed and sales.
01:24:22Now, automatically GST formula is filled with the GST formula.
01:24:29You have no need to upload all the output software.
01:24:39You have no need to upload all the output software.
01:24:41That is not accepted.
01:24:45Is that okay?
01:24:46You have to fill the cells only not uploading the document.
01:24:50So, then here, X Limited is winding up its business in Rajasthan.
01:24:57The tax consultant of X Limited has suggested that X Limited will have to file either annual return
01:25:06or the final return at the time of voluntary cancellation of registration in the state of Rajasthan.
01:25:10Do you agree with the stand taken by the tax consultant?
01:25:14Sir, you have to submit both.
01:25:27One of them is not correct.
01:25:29Is that clear?
01:25:30Hope so you could not understand how.
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