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Activities to be undertaken for GST Compliances of FY 2023-
OUR SERVICES
24 in March 2024

Activities to be undertaken for GST Compliances

of FY 2023-24 in March 2024 A2Z Taxcorp LLP is a boutique
Indirect Tax firm having its offices
at New Delhi and Guwahati
specializing in GST, Central
Excise, Custom, Service Tax, VAT,
By: admin March 15, 2024 Categories: Our Articles DGFT, Foreign Trade Policy, SEZ,
EOU, Export – Import Laws, Free
Trade Policy, etc. It is a
professionally managed firm
having a team of experienced and
distinguished Chartered
Accountants, Company Secretary,
Lawyers, Corporate Financial
Advisors and Tax consultants to
provide various services like
litigation and representation,
transaction advisory, diagnostic
reviews/ health checks, audit
defense & protection, retainership
& compliance, configuration of
tax efficient business model etc.
Its clientele consists mainly of
We are fast approaching the end of the financial year 2023- Foreign MNC, large/mid-sized
24. It mandates some activities to be carried out under GST Indian companies which includes
laws for a smooth transition to the Financial Year 2023- exporters, FMCG, consumer
24. We have listed down certain important activities for the durables, automobiles, aerated 
smooth transition/ closure of the Financial Year 2023-24: beverages, ceramic tiles, real-
estate, hospitality, etc. Our clients
Availment of correct Input Tax Credit for the FY 2023-24: include Varun Beverages Limited,
Kajaria Ceramics Limited, L.G.
Electronics India Private Limited,
1. Prepare the yearly reconciliation of ITC booked in Shipra Hotel Limited, Multani
books and ITC availed in GSTR 3B during the FY 2023- Pharmaceuticals Limited,
24 and availed in the subsequent month’s GSTR 3B till Shangri-La Eros Hotel etc.
30th November 2024 or date of filing Annual return for
FY 2023-24, whichever is earlier and reconcile the same
with GSTR 2B.
2. In case any invoices are not booked in the books of
accounts, however, the ITC is availed as found in GSTR
2B, kindly record the said invoices in the books of
accounts. Further, if ITC was reversed in Table 4(B)(2)
of GSTR 3B, as invoices reflected in GSTR 2B but not
recorded in Books of Accounts, the same needs to be
reclaimed which was reversed in the earlier tax period
on account of invoices recorded in Books of Accounts.
3. Follow up with suppliers to furnish/report transactions
in their GSTR 1 with payment of taxes in GSTR 3B in
case stated transactions are not populated in your
GSTR 2B.
4. Identify the ineligible ITC (Blocked credit/ ITC on
exempt supplies) already availed in GSTR 3B of the
2023-24 and reverse the same. In case, where ITC has
been wrongly availed and utilized, then reverse/pay the
same along with interest @24% on such ITC wrongly
availed and utilized if ITC, to avoid the litigation and
demand of interest & penalty in the future. Further, note
that no interest & penalty is leviable on the reversal of
wrongly availed credit but not utilized.
5. Prepare and Review that any payment to suppliers is
not pending beyond 180 days from the date of
issuance of the supplier’s invoice. If such ITC is availed
without making the payment within 180 days from the
date of issuance of the invoice, then said ITC needs to
be reversed along with interest @ 18%. Further, re-avail
such ITC in subsequent months’ GSTR-3B if payment
has been made without any time limit (i.e. even post-
filing of GSTR 3B for October 2024 as the time limit for
availing ITC u/s 16(4) of CGST Act is not applicable in
the case of re-availment of ITC).
6. In case of purchases made from any composition
supplier, ITC is not available and should not be booked
in books as well as availed in GSTR 3B. If done, then,
reverse the same in books as well as in return.
7. Check If there is any exempt income undertaken during
the financial year, ITC reversal shall be re-calculated

and considered in accordance with Rules 42 and 43 of
 CGST Rules at the end of year. Any additional reversal
required shall be accounted for in GSTR-3B of March
2024 or thereafter. Alternatively, if excess ITC has been
reversed under Table 4(B)(1) of GSTR 3B by the
Company during the year, such excess ITC can be
reclaimed in March 2024 GSTR 3B or thereafter.
8. Compile & reconcile ITC auto-populated in GSTR 2B for
the full FY 2023-24 and for the period April to October
2024 (relevant for FY 2023-24) and identify the
suppliers whose registration has been either cancelled
or suspended for any reasons during the FY 2023-24
for your onward needful actions.
9. In compiled data of GSTR 2B, check the status of the
date of filing of GSTR-1 and GSTR 3B of the suppliers to
know whether your suppliers are tax compliant or not
as your ITC has been made totally dependent on the
compliances done by the suppliers.
10. In case invoices found in GSTR 2B, do not belong to
your Company, and ITC is availed on the same, kindly
reverse the ITC to avoid future litigation.
11. Check for any supplier’s GSTIN has not been canceled
from GSTR-2B data. If any supplier’s GSTIN is
cancelled, then ask the reason for the cancellation of
GSTIN say GSTIN is cancelled due to any reason like
failure to file GSTR 3B return and ask suppliers to file
the returns to avoid ITC litigation in the future.
12. Check for the transactions covered under reverse
charge mechanism (RCM) either from registered
suppliers or unregistered suppliers and make the
payment of tax under RCM as per time of supply
provisions and claim ITC if not done earlier. Also, raise
the self-invoices and payment vouchers in case of
specified goods or services covered under RCM,
received from an unregistered person.
13. Check that if the supplier has crossed the e-invoice
turnover limit and is not generating IRN for tax invoices,
then the invoices raised are not considered valid as per
the e-invoicing mandate. Hence, ITC claimed on such
invalid invoices, can be denied in the future by the
department. Thus, accordingly, communicate with your
respective suppliers.
14. Check whether ITC has been reversed or not for
transactions such as Discount Received, sales of
Securities (refer to Explanation 2(b) of Rule 45 of the
CGST Rules, 2017), etc., to avoid ITC reversal litigation
in the future.
15. Check physical stock and the entry of the same in the 
books. ITC should be reversed if while checking the
physical stock, the stock is not found. If any difference
 is found in both then do check if any sales are missed
while in books.

Reporting of correct outward supplies for the FY 2023-24:

1. Prepare and reconcile the turnover as reported in GSTR

1/GSTR 3B with books of accounts for FY 2023-24.
Also, check that it has been classified under the correct
HSN/ SAC code and correct GST rate has been levied
on the same. Further, any outward supplies of FY 2023-
24 shown in the period of April to October 2024 should
be captured properly for proper disclosure in GSTR 9 &
GSTR 9C of FY 2023-24.
2. Compile and reconcile the amount of taxes paid in
GSTR 1 and GSTR 3B filed during the FY 2023-24 with
books of accounts and pay the tax if there is any
shortfall vide filing DRC 03 to avoid litigation.
3. Reconcile the debit notes and credit notes as per books
with GSTR-1 and GSTR-3B and differences, if any, shall
be accounted for accordingly.
4. In the case of exempt supplies, ensure the bill of supply
is issued and reported in GST returns.
5. In case of supply between related parties, verify
whether provisions of Section 15 – Valuation of CGST
Act read with Rule 28 of CGST Rules followed by the
taxpayer.
6. Prepare the reconciliation of E-way bills generated
during the FY 2023-24 with tax invoices reported in
GSTR 1 and give prior intimation to the department in
case of any deficiency.
7. In case of compulsory generation of e-invoices, check
& reconcile whether all the tax invoices for B2B
supplies have been duly reported on the dedicated e-
invoice portal and IRN generated with QR code and
digitally signed. If not, then kindly report the same on
the e-invoice portal and take the necessary action in
the subsequent month’s GSTR 1. The government has
made it mandatory to generate e-invoice within 30 days
from the date of the invoice. Further, prepare
reconciliation with e-invoices with IRN viz. e-way bills
generated viz. reported or furnished in GSTR 1.
8. In case of the export of goods, reconcile the shipping
bill details with GSTR-1. This is necessary for claiming
the refund of unutilized ITC / GST paid on export.
9. Check whether all the invoices raised during the FY 
2023-24 have been properly reported in GSTR 1 and
taxes have been paid thereon in GSTR 3B. In case, any
 kind of amendment is required viz. GSTIN, Invoice
Number, Invoice Date, Taxable Value, taxes, B2C to B2B,
etc., need to be done, then the same must be done till
30th November 2024.
10. Check other incomes from the Profit and Loss
including items like vouchers or coupons received,
scrap of sales, etc., to determine if any applicable taxes
are payable, if yes, then pay tax accordingly.
11. Check whether the GST paid on advances received in
FY 2023-24 towards the supply of services made or
agreed to be made has been properly adjusted in GSTR
1 and GSTR 3B.
12. Check the tax compliances in case of supply of
business assets during the FY 2023-24 on which ITC
has been availed.
13. In case of material sent for job work, check whether the
same has been returned within the time limit
prescribed (Inputs – 1 year and Capital goods – 3
years) and the same has been duly reported in ITC 04.
14. Check whether the goods sent on an approval basis
have been either returned within 6 months or sold on
the issuance of tax invoices.

Reverse Charge Mechanism Supplies:

1. To identify all expenses subject to RCM (sitting fees

paid to directors, GTA, Security Services, rent a Cab,
Advocate fees, etc.) and reconcile the same with RCM
liability discharged in GSTR-3B. The differential liability
if any shall be discharged along with interest as per
time of supply provisions.
2. Reconcile the foreign expenditure as per financials with
import details disclosed in the GST returns.
3. To verify the self-invoices and payment vouchers
issued for supplies received from unregistered persons
and subject to RCM.
4. ITC availed in respect of RCM transactions shall be
equal to or less than GST liability discharged under
RCM. Where the ITC is disallowed in respect of the
RCM discharged by the taxpayer, such ITC shall be
disclosed in Table 4B(1) of GSTR-3B.

Important Activities to be undertaken:


1. New Tax Invoice Series for FY 2024-25: Adopt new
document series unique for FY 2024-25 preferably a
 separate series for each GST registration to ensure
easy identification and verification.
2. Important step to be taken by the exporters before the
beginning of FY 2024-25: Apply for Letter of
Undertaking (LUT) in Form GST RFD 11 for FY 2024-25
to continue export of goods/services or supplies to
SEZ without payment of GST from April 01, 2024.
3. Enrolment for Composition Scheme FY 2024-25: The
GST Portal will remain open until March 31, 2024, for
taxpayers who wish to enroll in the composition
scheme for the financial year 2024-25. To apply, file
Form CMP-02 by navigating to ‘Services -> Registration
-> Application to Opt for Composition Levy’.
4. Filing of ITC-03 for Transition to Composition Scheme:
In case of transitioning from a regular taxpayer to a
composition taxpayer, ITC-03 is required to be filed
within 60 days from the commencement of the
financial year, i.e., on or before 30th May 2024.
5. Time limit to avail of the option to opt out from the
QRMP Scheme: Taxpayers having a Turnover below Rs
5 Crores shall have the option to select the frequency
of GST return filing for FY 2024-25 till 30th April 2024.
So, if the taxpayers have opted for Jan – Mar 2024 and
want to continue monthly filing of returns from FY
2024-25, they need to take action by 30th April 2024.
6. Time limit for availing ITC pertaining to the FY 2023-24
coming to an end: Avail the ITC pertaining to FY 2023-
24 till 30th November 2024 or the date of filing of
Annual return for FY 2023-24 whichever is earlier.
Hence, prepare reconciliation of ITC for FY 2023-24 is
availed in FY 2023-24 and in the period April to October
2024 for proper disclosure in GSTR 9 & GSTR 9C of FY
2023-24.
7. Time limit for issuance of credit notes under GST for FY
2023-24: Credit Notes for supplies made during FY
2023-24 can be issued but not later than 30th
November 2024 or the date of filing of the Annual
return for FY 2023-24 whichever is earlier. Hence,
capture CN details of FY 2023-24 are shown in FY
2023-24 and in the period April to November 2024 for
proper disclosure in GSTR 9 & GSTR 9C of FY 2023-24.
8. Cross Charge: Identify the common expenses incurred
for related or distinct persons on which ITC has been
availed by the taxpayer. The taxpayer needs to cross-
charge such expenses to the respective entities /
GSTIN of the same entity on the basis of turnover (or

 such other reasonable method of allocation as
applicable to the industry).

Other Important Aspects for FY 2023-24:

1. Check whether the purchase (ITC) register prepared for

FY 2023-24 contains all necessary details/ information
like tax invoice no./ date, description of goods or
services, nature of goods or services like inputs/capital
goods/input services and account head, etc. for ITC
matching with supplier’s invoice.
2. In case of year end discounts given by the taxpayer to
its agents, the GST impact of same is duly accounted
for in the books and GST returns.
3. Re-computation of reversal of ITC under Rule 42 and
Rule 43.
4. Check whether the sales register (Output taxes)
captures all the necessary/ details information as
required.
5. Ensure that all the other provisions of GST Law have
been duly complied with.
6. Reconcile GST TDS/TCS credit reconciliation with e-
Cash Ledger on GST portal and books of accounts for
FY 2023-24.
7. Reconciliation of E-Credit ledger with books of
accounts for FY 2023-24.
8. Claim GST Refund for the FY 2021-22 as the last date
to apply for GST Refund Application will be 31st March
2024.
9. To verify whether export proceeds are received in
convertible foreign exchange accompanied by FIRCs or
BRCs. Ensure that export proceeds are realized within
the time limit specified by the Foreign Exchange
Management Act, 1999.
10. Reconcile the GST receivable or payable as per
financials with the closing balance as per the electronic
credit ledger on the GSTN portal. Similarly, reconcile
the GST cash ledger in the financials with the electronic
cash ledger on the GSTN portal.
11. To ensure that place of supply provision have been
complied with in respect of supplies undertaken by
Company.
12. For the purpose of reporting under clause 44 of the Tax
Audit Form (Form 3CD) for Financial Year 2023-24, the
entity (on which Tax Audit is applicable in accordance 
with the relevant section of the Income Tax Act, 1961)
needs to disclose the break-up of total expenditure of
 entities registered or not registered under GST. The
entity is advised to prepare the following working for
the purpose of reporting the expense under the
aforesaid clause in the Form 3CD:-

(I) Total Amount of Expenditure (capital

expenditure as well as revenue expenditure)
incurred during FY 2023-24.

(II) Expenditure in respect of entities registered

under GST.

(III) Expenditure in respect of entities not

registered under GST.

(IV) Expenditure relating to goods or services

exempt under GST.

(V) Expenditure relating to entities falling under

the composition scheme.

(VI) Expenditure relating to other registered

entities.

(VII) Total payment to registered entities.

Here are key important updates on the GST Portal in 2024 as

on date:

Advisory on the functionalities available on the portal for the

GTA taxpayers

The following Functionalities are made available on the

portal for GTA Taxpayers.

Filing of Online Declaration in Annexure V and

Annexure VI for the existing GTA Taxpayers: As per
the Notification No. 06/2023-Central Tax (Rate), dated
26.07.2023, the option by GTA to pay GST on Forward
Charge mechanism or the Reverse Charge mechanism
respectively on the services supplied by them during a
Financial Year shall be exercised by making a
declaration in Annexure V or Annexure VI from the
1st January of the current Financial Year till 31stMarch
of the current Financial Year, for the next Financial
Year.

To comply with the above notification, online filing
in Annexure V Form and Annexure VI Form is available
on the portal for the existing GTA taxpayers for filing
declaration in Annexure V Form or Annexure VI Form
for the succeeding FY 2024-25 from 01.01.2024 to
31.03.2024.

To Access Annexure V Form: Post login on the FO

portal-Navigate to Services>>User
Services>>GTA>>Opting Forward Charge Payment by
GTA (Annexure V).

To Access Annexure VI Form: Post login on the FO

portal-Navigate to Services>>User
Services>>GTA>>Opting to Revert under Reverse
Charge Payment by GTA (Annexure VI)

Filing of Online Declaration in Annexure V for the Newly

registered GTA Taxpayers: As per the Notification No.
5/2023-Central Tax (Rate), dated 09.05.2023, the
option to pay GST on Forward Charge mechanism on
the services supplied the Newly registered taxpayers
can now be able to file their declaration within the
specified due date for the current Financial Year i.e.
2023-2024 and onwards. The due date (before the
expiry of forty-five days from the date of applying for
GST registration or one month from the date of
obtaining registration whichever is later) is now being
configured by the system and the same would be
displayed to the newly registered taxpayers on their
dashboard. The newly registered GTA taxpayers can
now file their online declaration on the portal for the
current FY within the specified due date.

To Access: Post login on the FO portal-Click YES on the

pop up message on post login (or) Navigate
to Services>>User Services>>GTA>>Opting Forward
Charge Payment by GTA (Annexure V).

Uploading manually filed Annexure V Form for the FY

2023-24 on the portal: The Existing/ Newly registered
GTA taxpayers who have already submitted Declaration
in Annexure V Form for the FY 2023-24 manually with
the jurisdictional authority are requested to upload
their duly acknowledged legible copy of the Annexure V
Form on the portal, mentioning correct particulars as
mentioned in the physical Annexure V submitted, with 
correct date of acknowledgement from jurisdictional
office, where such physical Annexure V was filed for
 the record purposes. Further it is informed that if the
Annexure V was filed manually within the specified due
date for the FY 2023-24, he need not to file it again on
the portal for the FY 2024-25 or any succeeding FY. By
utilizing the manual upload facility, you can upload the
legible copy of duly acknowledged manually filed
Annexure V for 2023-24, with correct particulars.

To Access: Post login on the FO portal-Navigate

to Services>>User Services>>GTA>> Upload Manually
Filed Annexure V.

As per the above notification, the option exercised by

GTA to itself pay GST on the services supplied by it
during a Financial Year shall be deemed to have been
exercised for the next and future financial years unless
the GTA files a declaration in Annexure VI to revert
under reverse charge mechanism.

However, the GTAs who filed declaration for the FY

2024-25 on the portal for the period from 27.07.2023
till 22-08-2023 has been considered as filed and valid.
Those taxpayers are requested that they need not file
declaration in Annexure V Form for the subsequent FYs
if they wish to continue their option for pay GST on
Forward charge mechanism.

Advisory on the introduction of new Tables 14 & 15 in GSTR-1

As per Notification No. 26/2022 – Central Tax dated

26th December 2022 two new tables Table 14 and
Table 15 were added in GSTR-1 to capture the details
of the supplies made through e-commerce operators
(ECO) on which e-commerce operators are liable to
collect tax under section 52 of the Act or liable to pay
tax u/s 9(5). These tables have now been made live on
the GST common portal. These two new tables will be
available in GSTR-1/IFF from January-2024 tax periods
onwards. Please click here for the complete advisory.

Advisory on Payment through Credit Card (CC)/Debit Card

(DC) and Unified Payments Interface (UPI)

To facilitate the taxpayer registered under GST with

more methods of payment, two new facilities of
payment have now been provided under e-payment in
addition to net-banking. The two new methods are 
Cards and Unified Payments Interface (UPI). Cards
facility includes Credit Card (CC) and Debit Card (DC)
 namely Mastercard, Visa, RuPay, Diners(CC only)
issued by any Indian bank. Please click here for the
complete advisory.

Advisory for furnishing bank account details by registered

taxpayers under Rule 10A of the Central Goods and Services
Tax Rules, 2017.

Mandatory Bank Account Details Submission as per

law: All Registered Taxpayers are required under the
provisions of CGST Act, 2017 and the corresponding
Rules framed thereunder to furnish details of their bank
account/s within 30 days of the grant of registration or
before the due date of filing GSTR-1/IFF, whichever is
earlier.

Taxpayers are therefore advised to promptly furnish

their bank account details, who have not provided it so
far if 30 Days period is shortly going to expire to avoid
disruption in business activities and the subsequent
suspension of GSTIN.

A new functionality is being developed with the

following features and will be deployed in near future:-

1. Failure to furnish the bank account in the stipulated

time: It would result into following:

a) Taxpayer Registration would get suspended

after 30 days and intimation in FORM REG-31 will
be issued to the Taxpayer.

b) Get the Taxpayer debarred from filing any

further GSTR-1/IFF.

2. Revocation of Suspension: If the taxpayer updates

their bank account details in response to the intimation
in FORM REG-31, the suspension will be automatically
revoked.

3. Cancellation of Registration: If the bank account

details are not updated even after 30 days of issuance
of FORM REG-31, the registration after suspension may
also be taken up for cancellation process by the
Officer.

Taxpayers are requested to take immediate action to 

provide the necessary information and avoid any
adverse consequences.
Advisory: Enhanced E-Invoicing Initiatives & Launch of
Enhanced https://einvoice.gst.gov.in portal

GSTN on occasion of one year of the successful going

live with the additional five new IRP portals, the e-
invoice master information portal, and the e-invoice QR
Code Verifier app, announces the launch of the
revamped e-invoice master information portal
https://einvoice.gst.gov.in . This enhancement is part
of ongoing effort to further improve taxpayer services.
New Features of the revamped E-Invoice Master
Information Portal are as follows:

PAN-Based Search: Users can check the e-invoice

enablement status of entities using their Permanent
Account Number (PAN) in addition to search with
GSTIN.

Automatic E-invoice exemption List: The portal now

automatically publish updated list with all GSTINs that
have filed for e-invoice exemptions at the start of the
month and is available for users to download.

Global Search Bar: A comprehensive search tab has

been introduced that allows for quick access to the
information across the portal.

Local Search Capabilities: Enhanced search

functionality within advisory, FAQ, manual, and other
sections for efficient information access.

Revamped Advisory and FAQ Section: Now organized

year-wise and month-wise for easier reference, offering
comprehensive guidance.

Daily IRN Count Statistics: The portal now includes

statistics on the daily Invoice Reference Number (IRN)
generation count.

Dedicated Section on Mobile App: Information and

support for the e-invoice QR Code Verifier app are
readily available.

Improved Accessibility Compliance and UI/UX:

Adhering to the GIGW guidelines, the portal now offers
improved features such as contrast adjustment, text
resizing buttons, and screen reader support for 
enhanced accessibility.
 Updated Website Policy: The website policy has been
thoroughly updated including the website archival
policy, content management & moderation policy, and
web information manager details.

In the past year alone, more than 1.6 crore e-invoices

were reported through the new IRPs, demonstrating the
robustness and efficiency of the system. Furthermore,
GSTN has introduced an internal e-invoice
comprehensive health dashboard to further enhance
monitoring of the e-invoice ecosystem. As a result of
these improvements in the GSTN E-Invoicing System,
today we have:

Expansion of IRP Portals: Today, GSTN operates a total

of six IRP portals through its partners, running robustly
alongside the centralized de-duplication system.

E-Invoicing Reporting Accessibility: All taxpayers who

are eligible for e-invoicing can report e-invoices
through any of these six IRP portals. The reporting can
be done online, via APIs, or through a mobile app, all
free of cost, making the process accessible and
convenient for taxpayers nationwide.

Hourly Auto populationof e-invoices in GSTR-1 from

new IRPs. Additionally, we are working with NIC-IRP to
enable hourly auto-population of e-invoices in GSTR-1
reported on the NIC-IRP 1&2 portal.

E-invoice downloadfor past six months for both buyers

and sellers via e-invoice portals and G2B APIs.

E-invoice QR code verifier Appfor verification of e-

invoice, and search IRN functionality for online
verification of IRN.

Additionally, an enhanced version of the e-invoice

verifier app, packed with new features, will be launched
shortly.

GSTN remains dedicated to excellence in taxpayer

services. GSTN appreciates your continued support
and look forward to further facilitate your compliance
journey on the portal.

Instances of Delay in registration reported by some 

Taxpayers despite successful Aadhar Authentication in
accordance with Rule 8 and 9 CGST, Rules, 2017-reg
 In accordance with Rule 9 of the Central Goods and
Services Tax (CGST) Rules, 2017, pertaining to the
verification and approval of registration applications,
following is informed:

Where a person has undergone Aadhaar authentication

as per sub-rule (4A) of rule 8 but has been identified in
terms of Rule 9(aa) by the common portal for detailed
verification based on risk profile, your application for
registration would be processed within thirty days of
application submission.

Necessary changes would also be made to reflect the

same in the online tracking module vis-à-vis
processing of registration application.

Advisory: Integration of E-Waybill system with New IRP

Portals

GSTN is pleased to announce the successful

integration of E-Waybill services with four new IRP
portals via NIC, enabling taxpayers to generate E-
Waybills alongside E-Invoicing on these four IRPs.

This new facility complements the existing services

available on the NIC-IRP portal, making E-Waybill
services, along with E-Invoicing, available across all six
IRPs.

Please find below the websites for all six IRP portals:

https://einvoice1.gst.gov.in
https://einvoice2.gst.gov.in
https://einvoice3.gst.gov.in
https://einvoice4.gst.gov.in
https://einvoice5.gst.gov.in
https://einvoice6.gst.gov.in

Advisory on GSTR-1/IFF: Introduction of New 14A and 15A

tables

It is informed to all taxpayers that as per Notification

No. 26/2022 – Central Tax dated 26th December 2022 
two new Table 14A and Table 15A have been
introduced in GSTR-1 to capture the amendment
 details of the supplies made through e-commerce
operators (ECO) on which e-commerce operators are
liable to collect tax under section 52 or liable to pay tax
u/s 9(5) of the CGST Act, 2017. These tables have now
been made live on the GST common portal and will be
available in GSTR-1/IFF from February 2024 tax period
onwards. These amendment tables are relevant for
those taxpayers who have reported the supplies in
Table 14 or Table 15 in earlier tax periods. Please click
here to view the complete advisory on the captioned
subject.

(Author can be reached at: info@a2ztaxcorp.com)

DISCLAIMER: The views expressed are strictly of the author

and A2Z Taxcorp LLP. The contents of this article are solely
for informational purpose and for the reader’s personal non-
commercial use. It does not constitute professional advice or
recommendation of firm. Neither the author nor firm and its
affiliates accepts any liabilities for any loss or damage of any
kind arising out of any information in this article nor for any
actions taken in reliance thereon. Further, no portion of our
article or newsletter should be used for any purpose(s)
unless authorized in writing and we reserve a legal right for
any infringement on usage of our article or newsletter
without prior permission.

Post Like 9 Share Save

Bimal Jain
Bimal has more than 21 years of
experience in Indirect Taxation – GST,
Service tax, Excise, Customs, VAT/CST,
Foreign Trade Policy, DGFT matters, etc.


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DGFT Enhances Trade Facilitation India’s highest monthly
with Amendments in … merchandise exports Surge to … GST Input Tax
Credit (ITC) by Adv
CAG Report Highlights ₹445 Crore Government approves E-Vehicle
GST Loss … policy to promote India …
(CA) Bimal Jain

Time Limit to avail GST Credit DGFT extends the export

u/s … prohibition of De-Oiled …

DGGI summons 10 foreign airlines CBIC modifies BCD rates on

operating in … certain smart …

Launch of trade in Electronic Gold DGFT imposes the Minimum

Receipt … Export Price (MEP) …

MCA notified the Companies CBIC notified fourth tranche of

(Registration Offices and … India-Mauritius CECPA

Invitation for Applications: Judicial Memorandum of Understanding

and Technical Members … (MoU) signing between DGFT …

India’s merchandise exports in Jan Govt. notified SEZ (Second

2024 registers … Amendment) Rules, 2024

Star Health receives GST demand 🚨 #MUSTWatch 🔰 Important

notice for … video on: “No …

Solid Waste Management Services Activities to be undertaken for GST

undertaken for municipality … Compliances …

Audit Report not valid when reply ITC cannot be denied in case of …
filed …
GST Registration not to be
Who profiteered the most from cancelled based …
GST tweaks? …

ICAI Releases Handbook on

Builders Receiving GST Notices to Compliances of GST …
Reverse Input …
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Supreme Court 9-Judge Bench
SC strikes down electoral bonds Reserves Judgment on …
scheme, directs …

DGFT Enhances Trade Facilitation

Supply of medicines, drugs, with Amendments in …
consumables, food to …

Appellant can remit the amount of

Orissa High Court asks AAAR to pre-deposit …
revisit …

Confiscated goods and vehicles

Delhi HC upholds TDS on external can be released …
development …

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