GST wale - A better way to GST

GSTR3B dates are notified for January 2020 to March 2020. The dates are extended for January 2020 to March 2020 in staggered manner. 20th, 22nd and 24th for respective taxpayers.

Official:

Due date for filing of GSTR 9 & 9C for FY 17-18 is further extended to 31-01-2020.

The person shall be responsible for GST audits and compliances, Income tax compliances, Statutory Audits, Internal Audits for MNCs.

Things to do before 30 September 2019

* Claim ITC related to invoices raised during FY 18-19. No ITC shall be allowed to be claimed in relation to invoices raised during FY 18-19.

* Reverse ITC in accordance with rule 42 and 43 of CGST rules.

* Issue credit notes and claim reduction in GST liability. Benefit of credit notes with respect to invoices raised during FY 2018-19 can be claimed only up to filing of GSTR 3B for September 2019;

* Reconcile the RCM transactions with books of accounts and what reported in GSTR 3B for the FY 2018-19. Any additional liability shall be payable but ITC shall be allowed to be claimed if paid in GSTR 3B of FY 2018-19.

* Amendments of invoices or credit notes raised during FY 2018-19;

Due Date extended of GSTR-3B for the month of July -2019 up-to 22/08/2019