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GST ANX-1

GST ANX-1

GST ANX-1 – New GST Return Type

The Goods and Services Tax (GST) announced a new and simplified GST return filing regime for small taxpayers. Under the new regime, persons having GST registration and a turnover of fewer than Rs.5 crores would be provided with an option to file quarterly GST return instead of monthly GST return.  The new GST Return form contains Form GST RET-1 (Normal), Form GST RET-2 (GST Sahaj) and Form GST RET-3 (GST Sugam). Annexure of supplies (Form GST ANX-1) and Annexure of Inward Supplies (Form GST ANX 2) will be filed as part of these returns. All the outward supplies have to be detailed in Form GST ANX-1 while Form GST ANX-2 contains details of inward supplies auto-populated mainly from the suppliers’ Form GST ANX-1. In this article, we will look at the Form GST ANX-1 in detail.

New Return Filing System

This new return filing system would replace the current requirement of filing final sales return GSTR-1 and summary sales return GSTR-3B.

Form GST RET-1

The suppliers have to file a detailed return in the Form GST RET-1. A sample Form GST RET-1  is reproduced below for reference:

NewGSTReturn_Normal-18-22

Form GST RET-2 – GST Sahaj

Businesses that supply only to consumer (B2C) have to file return in the form ‘GST Sahaj’. It incorporates details of outward supplies and inward supplies, attracting a reverse charge as well as a summary of inward supplies for claiming the input tax credit (ITC).

Form GST RET-3 – GST Sugam

Businesses making supplies to both business (B2B) and consumer (B2C) have to file the return form ‘GST Sugam’. It includes a summary of supplies made, tax liability, a summary of inward supplies for claiming the ITC, along with details of the interest due and tax payment.

Form GST ANX- 1

This is the same format as GSTR – 1 return, where the taxpayer is providing all output supplies and inward supplies attracting a reverse charge. The GSTR 1 changed with GST ANX-1. 

Uploading Form GST ANX-1

The instruction for uploading the form GST ANX-1 is explained in detail below:

Form GST ANX-1 for Sahaj

The format of GST ANX- 1 for GST Sahaj is reproduced below:

NewGSTReturn_Sahaj-pages-5-8_ANX-1-2

Due Date for Filing

The GST registered person can upload the details of documents any time during a quarter to which it pertains. The GST registered person can upload the details of documents any period but not later than the due date for providing a return for September. The registered person cant upload the documents from 23rd to 25th of the month following the quarter.

Advances Received

The advances received on account of supply of services will have to report in Table 3C (1) and 3C (2) of the FORM GST RET-2

Supplies Details

  • Supplies attracting reverse charge will have to be reported by the recipient and not by the supplier in this Form GST ANX-1.
  • Such supplies will be reported GSTIN wise, and amount of tax and taxable value will be net of debit or credit notes and advance paid on which tax has already been paid at the time of payment of the advances

HSN Code

Taxpayers will have the optional facility to report HSN code in the relevant table or leave it blank.

Calculation of Tax Amount

The tax amount will be computed by the system based on the taxable value and the tax rate. The tax amount computed will not be editable except by way of issue of debit or credit note. However, the tax amount under cess will have to be reported by the taxpayer herself.

  • Note: Value of supplies and amount of tax should be reported in the whole number or upto two decimal points
  • In case the supplies are reported as net of debit or credit notes, then the values will become negative in some cases, and the same may be reported as such, example (-100).

Place of Supply

Place of supply has to be reported essentially for all supplies. For intra-State supplies, the Place of Supply will be the same State in which the supplier is registered.

IGST supplies

The tax rate applicable to IGST supplies can be selected from the drop-down menu. For intraState supplies, the tax rate will be applied at half the rate of IGST equally for CGST and SGST/UTGST. Cess, if applicable, will have to be reported under the cess column

GSTIN and PAN

GSTIN of the supplier should be reported in the table 3H from whom the supplies have been received. PAN can be reported in Table 3H if supplies attracting reverse charge are received from un-registered persons

The table in Form GST ANX-1

  • Details of documents of the period before the introduction of the current return filing system can be uploaded in the relevant tables of the Form GST ANX-1.
  • Only those details will be uploaded which have not been included in the former FORM GSTR-1. All supplies that are declared in the GST Form ANX-1 will be accounted for payment of tax.
  • In case the relevant table existed the in GSTR-I but is not available in this form then liability will be paid through table 3A(2) or 3C(3) of GST RET-2

Table 3A

All supplies made to the consumer and unregistered persons (B2C) will be reported in table 3A. Supplies will be reported tax rate wise and net of debit or credit note. HSN Code is not needed to be reported in this table

Table 3H

  • The recipient will report all supplies attracting a reverse charge.
  • Only GSTIN, wise details will have to be reported. Invoice wise details are not needed to be reported in Table 3H.
  • The amount of advance paid for the supplies will be declared in the month/quarter in which the same was paid.
  • The value of supplies reported will be net of debit or credit notes and advances on which the tax has already been paid at the time of payment.
  • Where the only advance has been paid to the supplier, on reporting the same, the credit will flow to the main return and will be reversed in table 4 of the said return. This credit can be benefited only on the receipt of the supply and issue of invoice by the supplier

Form GST ANX-1 for Sugam

The format of GST ANX- 1 for GST Sugam is reproduced below:

NewGSTReturn_Sugam-pages-5-10_ANX-1-2

Timeline for uploading documents

The GST registered person can upload the details of documents any time during a quarter to which it pertains. The GST registered person can upload the details of documents any prior period but not later than the due date for providing a return for September. The registered person cant upload the documents from 23rd to 25th of the month following the quarter.

Advances Received

Advances received on account of supply of service will have to report in Table 3C (3), and adjustment will be reported in Table 3C(4) of FORM GST RET-3.

Get Credit Based on the Details of Documents

The recipient may get credit during a tax period based on the information uploaded by the supplier upto the 10th of the month for which the return is being filed. Such credits can be availed, that is credited to the ledger of the recipient only on filing of his return. There may be the following two scenarios:

  • If the recipient files his return every month, say, for January 2019 on 20 February 2019, he will be eligible to take credit in his return based on the documents uploaded by the supplier upto 10 February 2019 irrespective of whether the supplier files his return on a monthly or quarterly basis.
  • In case the recipient files the return every quarter for the quarter January – March 2019 on 25 April 2019, will be eligible to take credit in his return based on the documents uploaded irrespective of whether the supplier files his return on a monthly or quarterly basis.

The Table in Form GST ANX-1

  • Details of documents of the period before the introduction of the new return filing system can be uploaded in the relevant tables of the Form GST ANX-1.
  • Only those details will be uploaded which have not been included in the FORM GSTR-1. All supplies that are declared in the Annexure will be accounted for payment of tax.
  • In case the relevant table existed in the GSTR-I but is not available in this form then liability will be paid through table 3A(3) or 3C(5) of FORM GST RET-3

Table 3A

All supplies made to the consumer and the unregistered person will be reported in table 3A. Supplies will be reported tax rate wise and net of debit or credit notes. HSN Code is not needed to be reported in this table

Table 3B

All supplies made to registered persons will be reported in this table. Reporting of supplies made to the department and other entities having TDS registration or through persons having TCS registration will be reported here. This will also include amendments if any. 

The “value” in column 6 will be the invoice value, whereas the “taxable value” will be reported in column 9.

Table 3H

  • The recipient will report all supplies attracting a reverse charge. Only GSTIN, wise details will have to be reported. Invoice wise details are not necessary to be reported in this table.
  • The amount of advance paid for the supplies will be declared in the month or quarter in which the same was paid.
  • The value of supplies will be net of debit or credit notes and advances on which tax has already been paid at the time of payment if any

Where the only advance has been paid to the supplier, on reporting the same, the credit shall flow to the main return and shall be reversed in table 4 of the said return. This credit can be utilized only on receipt of the supply and issue of invoice by the supplier.

All tables (3 series)

Debit / Credit notes issued by the supplier concerning supplies other than those supplies attracting reverse charge shall be reported in the respective tables.

If a debit/credit note is issued for the difference in tax rate only, then the taxable value will be reported as ‘Zero’. Hence the liability computation is not disturbed. The only the tax amount will be reported in such cases.

FORM GST ANX-1A

Amendment to details of outward supply and inward supply attracting the reverse charge can be filed using FORM GST ANX-1A

Instructions to FORM GST ANX-1A

  • The amendment will be based on the tax period, and the details reported earlier.
  • Amendment to GST ANX-1 can be filed before the due date for furnishing of return for September following the end of the fiscal year or the actual date of furnishing a relevant annual return, whichever is earlier.
  • The amendment to GST ANX-1 can be filed as many times for a tax period
  • The filing process is similar to the Form GST ANX-1 filing process. The Annexure will be considered to have been filed upon the filing of return FORM GST RET – 2A.

Simplified Return Filing System

The GST Council in last year decided that the simplified GST return forms GST Sahaj and GST Sugam would be rolled out on a pilot basis from  April 2019, while mandatory filing across the country would kick in during the second quarter of fiscal 2019-20.

As part of this announcement, the Goods and Services Tax Network (GSTN) released a demo tool for the new and simplified return filing. This prototype of the simplified return filing system will have functionalities such as the drop-down menu, invoice upload and upload of purchase registers for matching with the system created inward supplies.

    • The government of India has provided the format of the ‘New Return Forms’ on the GST portal to enable the taxpayers to experience and learn the new functionality of tax payment before it goes live.
    • The GST portal has also given an option wherein taxpayers can share their feedbacks.

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