The New functionalities / features in regard to filing of GST Returns, made available for Taxpayers on GST Portal during the month of January, 2021 are given below for ready reference of our readers:
1. Allowing reporting of GSTINs and tax deducted of OIDARs, in Form GSTR-7, by TDS deductors
Earlier, reporting of GSTINs of OIDAR registrants was not allowed in Form GSTR-7, for reporting of tax deduction made by the Deductor. The same has now been enabled on the GST Portal. The TDS deducted will be credited to the cash ledger of the OIDAR supplier on acceptance.
2. Notice in Form GSTR3A for Non Filing of GSTR-3B Returns
Section 46 of the GST Act provides for issue of notice to return defaulter. The said notice to return defaulters in Form GSTR-3A have been issued through System for the defaulters of GSTR-3B return for the tax period of November, 2020.
If the defaulters fail to file return within fifteen days of the issue of the said notice, the list of defaulters shall be made available on the dashboard of tax authorities in Assessment / Adjudication module for framing assessment under section 62.
3 Invoice Furnishing Facility (IFF) facility for taxpayers under Quarterly Returns Monthly Payment (QRMP) Scheme
An Invoice Furnishing Facility (IFF) facility has been provided to taxpayers under QRMP Scheme (Quarterly filers of Form GSTR-1 and also of Form GSTR-3B returns), as per sub-rule (2) of Rule-59 of the CGST Rules, 2017. Taxpayers who have opted for quarterly filing frequency under the scheme can file their details of outward supplies (B2B invoices only) for first two months of a quarter (M1 and M2 respectively of a Quarter) in IFF. For e.g. for Apr-June qtr., B2B invoices only for the months of April (M1) and May (M2) can be filed in IFF by a taxpayer.
The IFF is a facility similar to Form GSTR-1, and it allows filing of details of B2B invoices in following tables only:
a) 4A, 4B, 4C, 6B, 6C – B2B Invoices
b) 9B – Credit / Debit Notes (Registered) – CDNR
c) 9A – Amended B2B Invoice – B2BA
d) 9C – Amended Credit/ Debit Notes (Registered) – CDNRA
The option to upload details in IFF can be availed till 13th of the subsequent month. Any invoices remaining to be furnished, can be filed using the IFF in the subsequent month IFF or in the quarterly Form GSTR-1. For e.g. for Apr-June qtr., B2B invoices for the month of April (M1) can be filed in IFF by a taxpayer till 13th May. Any IFF which is not filed till the due date of 13th of the subsequent month will expire.
To file the IFF form for M1 and M2 of the month, login to GST Portal and navigate to Returns > Services > Returns Dashboard > File Returns and then o Select the Financial Year & Return Filing Period (M1/M2 of a quarter) and click on SEARCH button to file the IFF forms for M1 or M2 month.
a) Records uploaded in IFF by the Supplier will reflect in Form GSTR-2A/2B of the Recipient. 4A, 4B, 4C, 6B, 6C – B2B Invoices
b) Supplier Taxpayers can also upload details in their IFF, through JSON file, generated using Returns Offline Tool. 9A – Amended B2B Invoice – B2BA
c) Records filed in IFF need not be filed again in Form GSTR-1 of that quarter.
d) Only the details saved in IFF can be deleted/edited using RESET button. Once submitted or filed, these details can’t be deleted.
Also Read: FAQs on quarterly filing of GSTR-3B and monthly payment of tax (QRMP Scheme)
Source: GST Portal
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