Latest Amendment|GSTR-1/IFF Table No 14 &15| Supplies through ECO| Watch it before filing GSTR-1/IFF 🎥 Latest Amendment in GSTR-1/IFF: Understanding Tables 14A and 15A for E-Commerce Supplies In this informative video, CA Devesh Thakur breaks down the latest changes in the Goods and Services Tax Return (GSTR-1/IFF) related to Table No. 14 & 15, Table 14A, and 15A. If you’re a taxpayer navigating the complexities of GST compliance, this video is a must-watch before filing your GSTR-1/IFF for the current tax period. Key Highlights: Introduction of New Tables: Table 14A: Capture amendment details of supplies made through e-commerce operators (ECO) on which they are liable to collect tax under section 52 or pay tax under section 9(5) of the CGST Act, 2017. Table 15A: Amend supplies reported in earlier tax periods under various sections (B2B, B2C, URP2B, and URP2C) related to e-commerce supplies. How to Access the Tables: Navigate to Returns Dashboard .... Selection of Period ... Details of outward supplies of goods or services GSTR-1 ... Prepare Online to view and update Table 14A and 15A. Auto-Population Benefits: Amended taxable values will be auto-populated from Table 14A(b) to Table 3.1.1(ii) of GSTR-3B. Tax liabilities from all four sections of Table 15A will be auto-populated to Table 3.1.1(i) of GSTR-3B. E-invoices for 9(5) supplies will be populated in FORM GSTR-1 as per existing functionality. E-Commerce Operators (ECOs): ECOs should examine and add records in Table 15A related to 9(5) supplies. Report amendments of debit or credit notes related to 9(5) services in existing Table 9C of GSTR-1/IFF. Impact on GSTR-2B: A new table, “ECO - Documents (Amendment),” has been added in GSTR-2B for registered recipients to view amended document details of e-commerce supplies liable to pay tax under section 9(5). 👍 Don’t forget to like, share, and subscribe to CA Devesh Thakur’s UA-cam channel for more insightful updates on GST and taxation! 📌
Latest Amendment|GSTR-1/IFF Table No 14 &15| Supplies through ECO| Watch it before filing GSTR-1/IFF
🎥 Latest Amendment in GSTR-1/IFF: Understanding Tables 14A and 15A for E-Commerce Supplies
In this informative video, CA Devesh Thakur breaks down the latest changes in the Goods and Services Tax Return (GSTR-1/IFF) related to Table No. 14 & 15, Table 14A, and 15A. If you’re a taxpayer navigating the complexities of GST compliance, this video is a must-watch before filing your GSTR-1/IFF for the current tax period.
Key Highlights:
Introduction of New Tables:
Table 14A: Capture amendment details of supplies made through e-commerce operators (ECO) on which they are liable to collect tax under section 52 or pay tax under section 9(5) of the CGST Act, 2017.
Table 15A: Amend supplies reported in earlier tax periods under various sections (B2B, B2C, URP2B, and URP2C) related to e-commerce supplies.
How to Access the Tables:
Navigate to Returns Dashboard .... Selection of Period ... Details of outward supplies of goods or services GSTR-1 ... Prepare Online to view and update Table 14A and 15A.
Auto-Population Benefits:
Amended taxable values will be auto-populated from Table 14A(b) to Table 3.1.1(ii) of GSTR-3B.
Tax liabilities from all four sections of Table 15A will be auto-populated to Table 3.1.1(i) of GSTR-3B.
E-invoices for 9(5) supplies will be populated in FORM GSTR-1 as per existing functionality.
E-Commerce Operators (ECOs):
ECOs should examine and add records in Table 15A related to 9(5) supplies.
Report amendments of debit or credit notes related to 9(5) services in existing Table 9C of GSTR-1/IFF.
Impact on GSTR-2B:
A new table, “ECO - Documents (Amendment),” has been added in GSTR-2B for registered recipients to view amended document details of e-commerce supplies liable to pay tax under section 9(5).
👍 Don’t forget to like, share, and subscribe to CA Devesh Thakur’s UA-cam channel for more insightful updates on GST and taxation! 📌
kindly upload more videos its very useful
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It was a very good explanation..Thank you
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