Top 8 points to Remember while uploading GST Annexure 1

The GST council has recently introduced a new GST return filing System. The new return system filing includes single return filing with annexures of outward and inward supplies.

The taxpayer needs to attach this annexure while filing his regular GST RET 1 Return. Thus, here you will learn the meaning of GST Anx 1, Download GST Anx 1 format in Excel for offline filing and how to complete this annexure.

What is GST ANX 1 under GST

GST ANX 1 is an annexure of GST RET 1 Return. GST Annexure 1 is a replacement for GSTR 1 Return, which is currently filed on monthly by the taxpayers. It contains all the details related to outward supplies and inward supplies attracting a reverse charge.

Thus, the taxpayer has to fill submit these details to the GSTN on GST portal. The GST Anx 1 can be prepared in mode to generate a JSON file. Later, the taxpayer can upload this file on GST portal to submit the details.
Similarly, taxpayer can also fill the above details in online mode on GST portal.

Top 8 points to Remember

A Taxpayer who files a monthly return will not be able to upload invoices from 18 to 20th following the tax period.
A Taxpayer who files Quarterly return will not be able to upload invoices from 23rd to 25th following the tax quarter.
you will have to pay the tax liability in the current month If you report previous months supplies during the current month.
One shall not report here advance received on services. Continue Reading more about GST Anx 1 under GST.

Comments

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Here is the difference between LR, CN, and E way bill. LR is an lorry receipt, which you get once you upload your goods in the lorry/truck. This is an receipt acknowledgement from the transporter. CN is a Consignment note which is similar to the lorry receipt. Consignment note is a note which any transporter/courier company generates to take your material to the recipient. E way bill is an electronic document shall be carried by transporter of goods in addition with consignment note/LR. E way bill is a requirement of government to safeguard the revenue and to avoid tax evasion. With the help of e way bill the government ensures that no material is carried without making proper invoice and evading taxes. Learn more updates on E way bill at GST Latest News and updates as on today !

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If you come across with error “Failed to Establish Connection to the Server. Kindly Restart the Emsigner” while signing your GST return or application with DSC, then you may try the following. This is emsigner error you get if you are filing your GSTR return with DSC (Digital Signature Certificate). However, if you are a regular GST return filer and if you see the error again in next month, then you may directly go to point no. 5 to check if emsigner is running. This may resolve your issue without following other steps. The above error occurs because earlier the emsigner was using the port “1645” (https://127.0 0.1:1645). But now the new version of emsigner is using the port “1585” (https://127.0 0.1:1585), thus raising the said problem. Continue reading https://127.0.0.1:1585 error on GST portal.

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What is GST Rate ? GST rate is rate of tax, which supplier of goods shall pay at the time of its sale. In order to pay the tax to the government supplier prepares the tax invoice in the name of receiver. This includes number of items(qty), rate of item, total value of items(Assessable value), total tax on the item and grand total. However, all goods are not taxable under GST law. Therefore wherever the tax rate is zero or nill, taxpayer need not have to pay tax to the government...Read GST Rates for goods here.. GST Rates of Services See various GST Rates for services from here.

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