How to File NIL GST Return?
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We have received lot of queries on How to file NIL GST Return. We have prepare this article and shared a video as well on How to file NIL GST Return.
In short as a taxpayer if you need to file a NIL return, you need to put Zero Values in all the relevant fields of GST return form available online.
Below we have elaborated How to File NIL GSTR 3B and How to File NIL GSTR 1
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How to File NIL GSTR 3B?
.Due date for GSTR 3B for the month of July 2017 was 20th August without using input tax credit of pre GST regime and Due date for GSTR 3B for the month of August 2017 is 20th September. In GST portal there is no separate option to file NIL return. In order to file NIL return you have to mentioned Zero Value under GSTR 3B return. Here we have shared elaborated step by step procedure where you have to mentioned Zero value and shared video as well. You can see video as well for Step by step procedure.
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3.1 Details of Outward Supplies and inward supplies liable to reverse charge
After mentioning all the Zero Value click on confirm button for point no.3.1. Like wise all the below mentioned option will be filled and submitted.
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3.2 Of the supplies shown in 3.1 (a), details of inter-state supplies made to unregistered persons, composition taxable person and UIN holders
After mentioning all the Zero Value click on confirm button for point no. 3.2
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4. Eligible ITC
After mentioning all the Zero Value click on confirm button for point no. 4
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5. Values of exempt, nil-rated and non-GST inward supplies
After mentioning all the Zero Value click on confirm button for point no. 5
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5.1 Interest & late fee payable
After mentioning all the Zero Value click on confirm button for point no. 5.1
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6. Payment of tax
After mentioning all the Zero Value click on confirm button for point no.6
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7. TDS/TCS Credit
This will also be Zero..
Post mentioning Zero value in all the above fields Save GSTR 3B
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Now Submit GSTR 3b and thereafter file GSTR 3B with Digital Digital Signature. Your NIL GSTR 3B return Filed..
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You May Also Like: How to File GSTR-1 Online
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How to File NIL GSTR 1?
.In below video we have explained 13 Sections of GSTR-1. Please go thorugh the video and have any suggestion then please leave a comment.
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Now Let us one by one understand How to File NIL GSTR 1.
As have already confirmed GSTR-1 has a total of 13 sections.In short as a taxpayer if you need to file a NIL return, you need to put Zero Values in all the relevant fields of GST return form available online.
Below we have elaborated each and every steps relevant for NIL GST Return Filing.
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Under online return filing first of all we have to mention the above fields.
- Year & Month will be auto filled .
- GSTIN – Every registered person will be allotted a 15 digit unique number which will be linked to PAN. This number will be called Goods and Services Taxpayer Identification Number (GSTIN). When a registered taxpayer logs on the GSTN Portal for return filing with the correct Login ID & password then GSTIN of taxpayer will auto populate.
- (a) Legal name of the registered person – Name of the registered person/ taxpayer which is registered on GSTN portal will also auto populate as and when you login with correct credentials. (b) Trade name, if any will also be auto populated.
- (a) Aggregate Turnover in the preceding Financial Year – The figure of aggregate turnover of previous year is to be manually entered by the registered person/taxpayer. It will not auto populate being the 1st year of GST implementation The same will auto populate from next year. (b) Aggregate Turnover – April to June, 2017 – The figure of aggregate turnover of previous three months (i.e 01.04.2017 to 30.06.2017) is to be manually entered by the taxpayer. This is only required for current year as GST rolled out in the month of July.
1. Taxable outward supplies made to registered persons (including UIN-holders):
In the above table don’t add any invoice as we are filing NIL return so for NIL return we don’t have any invoice. Like wise each and every invoice needs to be saved.
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2. Taxable outward inter-State supplies to un-registered persons where the invoice value is more than Rs 2.5 lakh
In the above table don’t add any invoice as we are filing NIL return so for NIL return we don’t have any invoices to add.
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3. Details of debit /credit notes issued registered taxpayers:
In the above table don’t add any invoice as we are filing NIL return lets move to next step
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4. Details of debit /credit notes issued to Unregistered taxpayers:
In the above table don’t add any invoice as we are filing NIL return Now, lets move to next step
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5. Exports Invoices – Summary:
In the above table don’t add any invoice as we are filing NIL return Now, lets move to next step
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6. B2C (Others) Taxable supplies (Net of debit notes and credit notes) to unregistered persons other than the supplies covered in Table 5
In the above table don’t add any invoice as we are filing NIL return Now, lets move to next step
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7. Nil rated, exempted and non GST outward supplies
In the above table don’t add any invoice as we are filing NIL return Now, lets move to next step
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8. Consolidated Statement of Advances Received/in the current tax period
In the above table don’t add any invoice as we are filing NIL return Now, lets move to next step
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9. Adjusting of advance against received in earlier tax period and adjusted against any supply in point no. 4, 5, 6 or 7.
In the above table don’t add any invoice as we are filing NIL return Now, lets move to next step
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10. HSN-wise summary of outward supplies
In the above table don’t add any invoice as we are filing NIL return Now, lets move to next step
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11. Documents issued during the tax period
In the above table don’t add any invoice as we are filing NIL return Now, lets move to next step
Post that click on Save then, Submit, and last step is File GSTR-1 with DSC. This way we can file NIL GSTR 1.
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REGARDS
ACA SOURAV BAGARIA
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