FURNISHING OF GST RETURNS BY INPUT SERVICE DISTRIBUTOR
GSTR-6 is a monthly return for Input Service Distributors to provide the details of their Input tax credit that is distributed among the other branches and Inward supplies received/purchases made from other registered taxpayers.
INPUT SERVICE DISTRIBUTOR:
According to section 2(61), Input Service Distributor means
Prerequisites for Filing GSTR-6:
If you want to file GSTR-6-
According to Section 39(4), Every taxable person registered as an Input Service Distributor should furnish a return for every calendar month, electronically, within thirteen days after the end of such month.
As per rule 65, Every Input Service Distributor should on the basis of details contained in FORM GSTR-6A and where required, after adding, correcting, or deleting the details, furnish electronically the return in FORM GSTR 6.
GSTR 6A is an automatically generated form based on the details provided by the suppliers of an Input Service Distributor in their GSTR 1. GSTR 6A is a read-only Form and need not be filed.
Procedure to file GSTR 6:
Step 1: Login to GST Portal
Step 2 Click on ‘RETURN DASHBOARD
Step 3 Select the month and year of filing form the drop-down and click on ‘SEARCH. Following tiles will be displayed on the screen
Step 4: Click on PREPARE ONLINE on the tile indicating “Return for input service distributor GSTR6”.The following tiles will be displayed.
Step 5: Scroll down to the bottom of the page. Click on ‘Generate GSTR6 Summary”. By clicking on “Generate GSTR 6 Summary “the details of GSTR 6A will be auto-populated in GSTR-06.
Step 6: Click on Tile 3 – Input Tax Credit received for distribution. A list of GSTIN of vendors from whom purchases have been made by the ISD will be displayed.
Step 6: Click on the GSTIN of each vendor & verify the invoice details. The ISD can accept, modify, reject, keep pending, or even add the missing invoices at this step. These actions can be taken and changed any number of times before filing the return. The same action can be initiate by clicking Table 6B which contains the details of all the Debit and Credit Notes filed by the vendor (supplier).
Step 7: – Click on Tile 4 – Total ITC available and Eligible ITC / Ineligible ITC distributed. Following details will be displayed
Click on Calculate ITC. The total ITC, eligible ITC, and Ineligible ITC will be displayed in Table 4 of GSTR 6.
Step 8: Click on Tile 5 – “Distribution of Input Tax Credit of ISD Invoices & Credit Notes“. Now click on Add documents. Enter the following details and Save:-
a. Eligibility of ITC: Whether the ITC being distributed is eligible or ineligible for credit
b. Unit Type: Registered or unregistered unit
c. GSTIN of the Registered recipient
d. ISD Document Type: Invoice or Credit Note
e. Invoice Number, Date of Invoice, Credit Note Number and Date (if applicable)
f. Tax amount
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