Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst e returns
Unable to find GSTR-4 Return in the display menu.
GSTR-4 is a GST Return that has to be filed by a composition dealer. A taxpayer opting for the Composition Scheme is required to file GSTR-4.
If Unable to find GSTR-4 Return in the display menu follow the below steps:
Step 1:- Check whether Type of dealer should be composition. Go to Administration → Features / options → GST/VAT and select the type of dealer as composition.
Step 2:- Display→GST Reports→GST Returns→GSTR-4 (Quarterly Return) and GSTR-4 (Annual Return).
How can i generate GSTR1 in json from BUSY?
For generating GSTR1 in json from BUSY, follow below steps:
Step 1: Go to display menu and then submenu gst reports
Step 2: Then choose gst returns option and then select GSTR1 e return
Step 3: After that click on json option and Specify date range and other feature as per your requirement
Step 4: Afterward specify eReturn file path then click on ok option
Step 5: Now check the possible errors and proceed to generate return.
How can I upload GST returns from BUSY?
If you want to upload GST returns from BUSY please follow these steps:
Step 1: Go to display menu then click on GST reports.
Step 2: After that you can click on GST returns
Step 3: Then you can click on various e returns such as GSTR 1 E return, GSTR 3B E return
Step 4: Afterwards you can do the direct upload and export the return files in various formats such as JSON,government template,CSV and plain excel
Are there any specific steps or instructions to follow to avoid this error during GST return upload?
There the few steps to follow to avoid this error during GST retrin portal.
Step 1: Make sure your BUSY update with latest release.
Step 2: Select the latest rule for filling GST e return.
Step 3: Check all possible error before uploading GSTR E return like, error in transaction summary,HSN summary, document summary.
Step 4: Check internet connection.
Step 5: Exclude BUSY in your anti virus.
Step 6: Define fresh folder path for generation.
The ITC credit summary in BUSY shows incorrect transitional credit carried forward. How can I rectify this?
To rectify the issue of incorrect transitional credit carried forward in the ITC credit summary of BUSY follow this steps
1. you need to switch the financial year from administration menu.
2. Open the change F.Y year option under administration menu.
3. select the option to carry forward pending ITC. This will ensure that any pending ITC from the previous financial year is carried forward correctly in next year.
4. then you can check ITC credit summary .
Can I file GSTR- directly on the GST portal or do I need to use software?
In BUSY, you cannot file GSTR 9 directly on GST portal further you can get the GSTR-9 report for display purposes by following the steps.
Step 1: Go to Display then click on GST reports
Step 2: Then select the GST return option
Step 3: Now Click on GSTR 9 (Annual return) option and mention the Date range for whole year
Step 4: After click on OK tab , GSTR 9 is ready to display.
The portal is not accepting input tax credit claims for certain invoices, why does this error occur?
Some possible reasons why the portal may not accept the input tax credit (ITC) for certain invoices are:
1. The invoices are not reflected in the GSTR2B because the seller did not file them in the GSTR1.
2. The invoice details entered by you are incorrect or incomplete and do not match with the seller’s invoice.
There could be more reasons, you may need to consult your CA or accountant for more guidance.
What is my HSN code and why does it need to be a certain number of digits.
To make sure your HSN Code limit is valid according to AATO, follow these steps:
1.Determine your Aggregate Annual Turnover (AATO) from the previous financial year.
2.If your AATO is below a certain threshold, use a minimum of 4 digits for the HSN Code.
3.If your AATO is above that threshold, use a minimum of 6 digits for the HSN Code.
By aligning the HSN Code length with your AATO, you ensure compliance with reporting requirements in GSTR-I.
Can I file only part of my GSTR- data (e.g., only BC) before the full return?
It's important to note that your GST return should ideally include all the necessary data for the relevant tax period. However, if you need to file specific sections separately or at different times, you can do so. Please refer to the latest GST guidelines and consult with a tax expert or CA for the most up-to-date information on GST filing procedures and any changes that may have occurred since my last update in 2021.
Why are only out of invoices appearing in the BB section under the GSTR- report?
If a B2B invoice is not reflecting in the B2B section under the GSTR-1 report, then check the following:
1.Ensure that the selected party in the transaction is registered, and its GSTIN is correctly updated in the Party master.
2.Confirm the GST report basis as per billing/shipping during voucher entry. If shipping details are for an unregistered party, the data may appear in the B2C section instead of B2B in GSTR 1.