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Normal Return

Last updated on 03 July, 2019

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GST return for all sales and outward supplies

The GST Council has introduced a new return filing system to help taxpayers file their returns. The new system constitutes of 5 main components:one main return(Form GST RET-1) and four annexures (Form GST ANX-1, Form GST ANX-2, Form GST ANX-1A, and PMT-08). In this guide you will be reading about each of these components in detail:


Form GST ANX-1

GST ANX-1 is an annexure for reporting details of outward and inward supplies that are applicable for reverse-charge, imports of goods and services, and supplies made through e-commerce operators. The information entered in this form will be used to auto-populate some of the fields in the next form, ANX-2. Taxpayers are required to upload this form on a monthly basis, before filing the actual Sahaj return form. Let’s look at the form in detail:

Part 1 and 2: General details

General details

The first two parts of this annexure are for your general details: GSTIN, full legal name, trade name, ARN (Application Reference Number), and the date of filing.

Part 3: Details of outward and inward supplies that attract reverse-charge and imports of goods and services

Details of outward and inward supplies

Inward import supplies

In this section, you are required to fill in your GSTIN or UIN, place of supply, HSN code, tax rates, taxable value, tax amounts, and details regarding your shipping bill or bill of export for the following:

A. Supplies made to your consumers and other un-registered persons.

B. Supplies made to registered persons, besides those for which reverse charge applies.

C. Exports with payment of tax.

D. Exports without payment of tax.

E. Supplies to SEZ units/developers with payment of tax.

F. Supplies to SEZ units/developers without payment of tax.

G. Deemed exports.

H. Inward supplies attracting reverse charge.

I. Import of services.

J. Import of goods.

K. Import of goods from SEZ units/developers on a Bill of Entry.

L. Missing documents on which credit has been claimed but the supplier has not reported the same prior to filing the return for the current tax period.

Part 4: Details of supplies made through e-commerce operators liable to collect tax under section 52

Details of supplies made through e-commerce operators

Here, you are required to provide details of the supplies made through an e-commerce operator. Enter the GSTIN, value of supplies made, value of supplies returned, net value of supplies, and the amounts of integrated tax, CGST, SGST/UGST, and cess tax.

Form GST ANX-2

GST ANX-2 is an annexure for all inward supplies received from a registered person and details of the ITC and ISD credits received. Taxpayers are required to upload this form on a monthly basis, before filing the actual Sugam return form. Let’s look at the form in detail:

Part 1 and 2: General details

General details

The first two parts of this annexure are for your general details: GSTIN, full legal name, trade name, ARN (Application Reference Number), and the date of filing.

Part 3: Inward supplies received from a registered person besides those for which reverse charge applies

Inward supplies received from a registered person

In this form, you are required to enter the GSTIN of your supplier, their trade name, place of supply, HSN code, tax rates, taxable value, tax amounts, and the status of the form for the following:

Note:

The F in the return status refers to Return Filed and the NF refers to Return Not Filed. In the action column, the A stands for Accepted, R’stands for Rejected, and P stands for Pending.

Part 4: Summary of ITC

Summary of ITC

The last part of Form GST ANX-2 is where you are required to enter the value and amounts of ITC involved under your integrated tax, CGST, SGST or UGST, and cess tax for the following:

Part 5: ISD credits received

ISD credits received

In this section, you are required to enter details regarding the amount of ISD credits you have received from integrated tax, CGST, SGST/UGST, cess tax.

Form GST RET-1

Form GST RET-1, or the normal return, is a return through which taxpayers can declare all their outward and inward supplies and acquire credit for their missing invoices.This return can be filed either monthly or quarterly. Here is a detailed explanation of the form:

Part 1 and 2: General details

General details

The first two parts of the Sahaj return form are for your general details. Enter your GSTIN, full legal name, trade name, ARN (Application Reference Number), and the date of filing.

Part 3: Summary of outward and inward supplies for which reverse charge applies

Summary of outward and inward supplies

Inward supplies

A. Details of outward supplies

This part of the form is where you are required to fill in details of your outward supplies. Enter the value of the supply and the amount of integrated tax, CGST, SGST, and cess tax for:

B. Details of inward supplies

In this section you are required to fill in details of your inward supplies. Enter the value of the supply and the amount of integrated tax, CGST, SGST, and cess tax for:

C. Details of debit/credit notes issued, advances received or adjusted, and other reduction in liabilities

Here you are required to fill in details of your integrated tax, CGST, SGST, and cess tax for:

D. Details of supplies that have no liability

Here you are required to fill in details of your supplies that have no liability. Enter the value of the supply and the amount of integrated tax, CGST, SGST, and cess tax for:

E. The total value and tax liability from A, B, C, and D

Part 4: Summary of inward supplies for claiming ITC

Summary of inward supplies

Credit reversals

A. Details of ITC based on auto-population from Form GST ANX-1, ANX-2, and other forms

In this section you are required to fill in the value of the supply and the ITC amount for integrated tax, CGST, SGST, and cess tax for:

B. Details of reversals of credit

In this section you are required to fill in the value of the supply and the ITC amount for integrated tax, CGST, SGST, and cess tax for:

C. ITC available (A-B)

Compute the difference between sections A and B.

D. ITC declared during the first 2 months of the quarter

Here, you are required to enter the amount of ITC declared during the first and second month of the quarter.

E. The net ITC available

Compute the amount of ITC on capital goods and services out of section C above.

Part 5: Amount of TDS and TCS credit received in electronic cash ledger

Amount of TDS and TCS credit received

In this part, you are required to fill in the amount of integrated tax, CGST, and SGST/UGST received under TDS (Tax Deducted at Source) and TCS (Tax Collected at Source).

Part 6: Interest and late fee liability details

Interest and late fee liability details

Late fee liability

Here, you are required to enter the amount of interest applicable under integrated tax, CGST, SGST/UGST, and cess tax, and the late fee applicable under CGST and SGST due to the following:

Part 7: Payment of tax

Payment of tax

In this part of the form, you are required to enter the values of your payable tax, paid tax, adjustment of negative liability incurred during the previous tax period, payments made through ITC, and payments made in cash for:

Part 8: Refund claimed from electronic cash ledger

Refund claimed from electronic cash ledger

In this section, you are required to enter details related to the refund amounts claimed from the electronic cash ledger. Enter the tax amount, interest, penalty, fee, other amounts and the total amounts.

Part 9: Verification

Verification

Filling in and signing the final part of the form will verify and authenticate the return either through a digital signature certificate (DSC) or by using an Aadhar-based signature verification mechanism.

Form GST ANX-1A

Form GST ANX-1A is an amendment for details of both your outward and inward supplies that attract reverse charge. Here is a detailed explanation of the form:

Part 1 and 2: General details

General details

The first two parts of this annexure are for your general details: GSTIN, full legal name, trade name, ARN (Application Reference Number), and the date of filing.

Part 3: Amendement to details of outward and inward supplies for which reverse charge applies

Amendement to details of outward and inward supplies

In this section, you are required to enter the changes or amendments of details that were previously entered in Form GST ANX-1. Enter your details related to your original document, revised document, place of supply, HSN code, tax rates, taxable value, tax amounts, and details regarding your shipping bill or bill of export for the following:

Part 4: Amendment to the details of the supplies made through e-commerce operators liable to collect tax under section 52

Amendment to the details of the supplies made through e-commerce operators

This part of the form is for you to make any amendments to the details of the supplies made through e-commerce operators. Enter the original GSTIN of the e-commerce operator, revised GSTIN of the e-commerce operator, value of supplies made, value of supplies returned, net value of supplies, and the amount of integrated tax, CGST, SGST/UGST, cess tax.

FORM GST RET-1A

Form GST RET-1A is an amendment to the quarterly return GST RET-1, also called the normal return. Here is a detailed explanation of each section of the form:

Part 1 and 2: General details

General details

The first two parts of this annexure are for your general details. Enter your GSTIN, full legal name, trade name, ARN (Application Reference Number), and the date of filing.

Part 3: Amendment to summary of outward and inward supplies that attract reverse charge and tax liability

Amendment to summary of outward and inward supplies

Amendment to adjustment liability

A. Details of amendment to outward supplies

This part of the form is where you are required to fill in details of your outward supplies. Enter the integrated tax, CGST, SGST, cess amount, and value of:

B. Details of amendment to inward supplies attracting reverse charge

Fill in details of your outward supplies here. Enter the integrated tax, CGST, SGST, cess amount, and value of:

C. Details of amendment to adjustment of liability

Here, fill in details of your outward supplies. Enter the integrated tax, CGST, SGST, cess amount, and value of:

D. Details of amendment to supplies having no liability

Here, fill in details of your outward supplies. Enter the integrated tax, CGST, SGST, cess amount, and value of:

E. Total value and tax liability (A+B+C+D)

Part 4: Amendment to summary of inward supplies for claiming ITC

Amendment to summary of inward supplies

A. Details of amendment to ITC based on auto-population from Form GST ANX-1A

This is where you are required to fill in details of your inward supplies. Enter the ITC value of your integrated tax, CGST, SGST, cess amount, and value of:

B. Details of amendment to reversals of credit

This is where you are required to fill in details of your inward supplies. Enter the ITC value of your integrated tax, central tax, and cess amount, CGST, SGST, and value of:

C. Net ITC available (A-B)

Part 5: Interest and late fee details

Interest and late fee details

In this section, you are required to fill in details of your interest and late fees for:

Part 6: Payment of tax

Payment of tax

In this part of the form, you are required to enter the values of your payable tax, paid tax, adjustment of negative liability incurred during the previous tax period, payments made through ITC, and payments made in cash for:

Part 7: Verification

Verification

Filling in and signing the final part of the form will verify and authenticate the return either through a digital signature certificate (DSC) or by using an Aadhar-based signature verification mechanism.

Form GST PMT-08

GST PMT-08 is the form that must be filed on a monthly basis, when making payments of self-assessed tax. Here is a detailed explanation of each section of the form:

Part1 and 2: General details

General details

The first two parts of this annexure are for your general details: GSTIN, full legal name, trade name, ARN (Application Reference Number), and the date of filing.

Part 3: Summary of self-assessed liability and ITC availed

Summary of self-assessed liability and ITC availed

In this section, you are required to enter the relevant amount of integrated tax, CGST, SGST/UGST, and cess tax for the following:

Part 4: Payment of tax

Payment of tax

This part of the form is for details related to your tax payments. You are required to enter the amounts of tax payable, tax paid, adjustment of negative tax liability accumulated during the previous tax period, tax paid through ITC, and tax paid in cash for the following:

Part 5: Verification

Verification

The final part of this form is verification. Filling in and signing the final part of the form will verify and authenticate the return either through a digital signature certificate (DSC) or by using an Aadhar-based signature verification mechanism.

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