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@ Rajkot Branch of WIRC of ICAI By CA. Abhishek Doshi K S D & Associates

Public Awareness Seminar on GST July 2, 2017 - Sunday. @ Rajkot Branch of WIRC of ICAI By CA. Abhishek Doshi K S D & Associates Rajkot | Gandhidham | Ahmedabad | Surat. GST We Thought About !. GST in Hand !. K S D. One Nation. Two Authorities. One Nation One Tax. Four Rates.

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@ Rajkot Branch of WIRC of ICAI By CA. Abhishek Doshi K S D & Associates

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  1. Public Awareness Seminar on GST July 2, 2017 - Sunday @ Rajkot Branch of WIRC of ICAI By CA. AbhishekDoshi K S D & Associates Rajkot | Gandhidham | Ahmedabad | Surat

  2. GST We Thought About ! GST in Hand ! K S D One Nation Two Authorities One Nation One Tax Four Rates Three Taxes CA. Abhishek Doshi

  3. Reverse Charge Mechanism K S D • Reverse Charge Mechanism for Goods and Services both. • All supply of goods or services or both from unregistered person to registered will be covered under reverse charge mechanism. • Other categories of goods / services to be specified. • Not only purchases of goods but all the expenses debited to profit and loss account will be covered. CA. Abhishek Doshi

  4. Reverse Charge Mechanism K S D • All small – petty expenses will be covered. • Compliance Problems. • Conversion of cash into credits. • Office Expenses, Travelling Expenses, Factory Expenses, Tea-Coffee Expenses, Labour – Carriage Expenses and many such expenses including capital expenditures. • Different Rates • Purchase Invoice • Exemption up to Rs. 5000/- per day CA. Abhishek Doshi

  5. Documents to be issued under GST K S D CA. Abhishek Doshi

  6. CA. Abhishek Doshi

  7. K S D ITC MATCHING & RETURNS CA. Abhishek Doshi

  8. Types of Returns K S D CA. Abhishek Doshi

  9. Complex Compliance Requirements K S D Step 4 Step 1 16 10 GSTR-1A : The details of inward supplies added, corrected or deleted by the recipient shall be made available to the supplier GSTR 1: Details of Outward supplies Step 8 20 GSTR 3 Step 2 11 GSTR-1: Details of Outward supplies of goods and/or services GSTR 2A: Auto- populated in part A of the GSTR-2A of recipients Step 5 17 Step 3 Supplier will accept or reject the modifications Part B of GSTR 3 GSTR 2: On the basis of above GSTR-2A, details of inward supplies added, corrected or deleted by recipient to be disclosed under GSTR-2, including RCM details Step 7 15 Make Payment Step 6 17 Part A of GSTR 3 GSTR-1 will be amended to the extent modifications are accepted by supplier. 20 Part A of GSTR 3 CA. Abhishek Doshi

  10. K S D GSTR 1 CA. Abhishek Doshi

  11. Details of outward supplies (Section 37 ) CA. Abhishek Doshi

  12. K S D GSTR -1 CA. Abhishek Doshi

  13. All B2B Transactions GSTR -1 K S D CA. Abhishek Doshi

  14. GSTR -1 K S D B2C Inter State Transactions Invoice value more than 2.5 Lakhs CA. Abhishek Doshi

  15. GSTR -1 K S D CA. Abhishek Doshi

  16. All other B2C Transactions (including inter state below 2.5 Lakhs) GSTR -1 K S D CA. Abhishek Doshi

  17. GSTR -1 K S D CA. Abhishek Doshi

  18. GSTR -1 K S D CA. Abhishek Doshi

  19. GSTR -1 K S D CA. Abhishek Doshi

  20. Advance Receipt GSTR -1 K S D CA. Abhishek Doshi

  21. GSTR -1 K S D CA. Abhishek Doshi

  22. GSTR -1 K S D CA. Abhishek Doshi

  23. K S D GSTR 2 CA. Abhishek Doshi

  24. Details of inward supplies (Section 38) CA. Abhishek Doshi

  25. GSTR - 2 K S D CA. Abhishek Doshi

  26. GSTR - 2 K S D Auto Populated + Claimed CA. Abhishek Doshi

  27. GSTR - 2 K S D Reverse Charge CA. Abhishek Doshi

  28. GSTR - 2 K S D CA. Abhishek Doshi

  29. GSTR - 2 K S D CA. Abhishek Doshi

  30. GSTR - 2 K S D CA. Abhishek Doshi

  31. GSTR - 2 K S D CA. Abhishek Doshi

  32. GSTR - 2 K S D CA. Abhishek Doshi

  33. GSTR - 2 K S D CA. Abhishek Doshi

  34. GSTR - 2 K S D CA. Abhishek Doshi

  35. GSTR - 2 K S D CA. Abhishek Doshi

  36. GSTR - 2 K S D CA. Abhishek Doshi

  37. Levy of Late fees K S D • Rs. 100/- per day, maximum up to Rs. 5000/-. • Late fees per return. • Rs. 100/- per day, maximum up to 0.25% of turnover in case of annual return. CA. Abhishek Doshi

  38. K S D GSTR 3 CA. Abhishek Doshi

  39. Monthly return (Section 39) CA. Abhishek Doshi

  40. GSTR - 3 K S D CA. Abhishek Doshi

  41. GSTR - 3 K S D Table3 to 11 auto populated CA. Abhishek Doshi

  42. GSTR - 3 K S D CA. Abhishek Doshi

  43. GSTR - 3 K S D CA. Abhishek Doshi

  44. GSTR - 3 K S D CA. Abhishek Doshi

  45. GSTR - 3 K S D CA. Abhishek Doshi

  46. GSTR - 3 K S D CA. Abhishek Doshi

  47. GSTR - 3 K S D CA. Abhishek Doshi

  48. GSTR - 3 K S D CA. Abhishek Doshi

  49. GSTR - 3 K S D CA. Abhishek Doshi

  50. GSTR - 3 K S D CA. Abhishek Doshi

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