GST Return for FY 2018-19 : Before 30th September 2019 ends

September 2019  is the last date to rectify any error pertaining to year 2018-19.

 Before 30th September 2019 ends, there are certain important points in respect of GST Return for FY 2018-19 which no one should forget .

The same are as under :

1) Reconcile the Sales figure/ ITC claimed/ RCM liability with books & GSTR-3B. If any mismatch arises,rectify it before September 2019 return. Also don’t forget to  maintain a register of reconciliation done

2) If any RCM remains unpaid, one must pay it & claim ITC till september 2019 return.

3) Issuance of debit note/credit note related to  supply pertaining to fimancial year 2018-19.

4) If  anyone has forgotten to upload any invoice in GSTR-1 than upload it otherwise it will be blocked after September 2019 return.

5) If Any rectifications/amendments is required in GSTR-1 than rectify/amend it as it will be blocked after September 2019 return.

6) One  can not claim any missed ITC of FY  18-19 after  september 2019 return.

7) Don’t forget to Reconcile GSTR-2A with ITC claimed.

8) If anyone have ‘Other incomes’ which  is taxable under GST then Raise invoice for year 18-19 & pay the tax.