Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst e returns
I already filed the GST return and paid tax in March. But the software is still showing a tax liability for March. How do I remove this?
If showing tax liability:
Step 1 : Data not updated
Step 2 : Incorrect return filing
Step 3 : Verify gst portal status
Step 4 : Wait for data sync
Why is the BUSY not allowing me to enter the out-of-state GSTIN for generating a GST invoice? It keeps defaulting to my local GSTIN
When the user fixed sale/purchase type as Local in Account master, then BUSY will not be allowed other sale/purchase type for central transactions, So kindly disable it in Account master.
I made some changes in BB invoices after exporting GSTR- data. How to ensure these changes reflect in the Excel file?
If you made changes in B2b invoices after exporting Gstr1 data on excel you have to export that report again to a new path or can overwrite that file also
What kind of time frame should I expect for the error report generation in gst portal while filling return
If you are facing error while filling GSTR 1 then you should click on generate error
report and you need to wait for 20 minutes to download the error report
What are the consequences of using -digit HSN codes instead of -digit codes for turnover above crores?
As per government rule,Notification No. 78/2020 dated October 15, 2020, the taxpayers, having Aggregate Annual Turnover (AATO) above Rs. 5 Crore have to mention HSN code of atleast 6 digit.
My GST returns were filed late due to issue in BUSY. Will there be any penalties?
Yes, there may be penalties for filing GST returns late. It is advisable to consult with a CA (Chartered Accountant) to understand the specific penalties and consequences for late filing.
What are the due dates for filing GSTR-, GSTR-B, and other GST returns?
You can check the due dates for filing GSTR-1, GSTR-3B and other GST returns on the GST Portal. You can also consult with an accountant or CA for the same.
What is the correct process of uploading invoices in GSTR- for multiple companies?
You just need to entered all invoices of all companies in BUSY it will automatically reflect in your BUSY gstr1 data and uploaded on portal when your file Gstr1 return
Do I need to pay any fees to amend my filed GST returns?
No, there is no specific fee for filing a GST registration amendment,but please It is advisable to consult with a CA (Chartered Accountant) to understand the specific penalties and consequences.
Can I change or modify a file once uploaded to the portal?
Yes, we can change or modify a file once uploaded to the portal but before filing the Return. we can reset our data & upload new file on the portal