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FORM GSTR-8: Statement for tax collection at source

by | Jul 24, 2024 | GST, Forms | 0 comments

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Important Keyword: FORM GSTR – 8, tax collection at source.

FORM GSTR – 8

[See rule 67(1)]

Statement for tax collection at source
Year    
Month 
1.GSTIN               
2.(a)Legal name of the registered personAuto Populated
 (b)Trade name, if anyAuto Populated
  • Details of supplies made through e-commerce operator

(Amount in Rs. for all Tables)

GSTIN of the supplierDetails of supplies made which attract TCSAmount of tax collected at source
Gross value of supplies madeValue of supplies returnedNet           amount liable for TCSIntegrated TaxCentral TaxState /UT Tax
1234567
3A. Supplies made to registered persons
       
3B. Supplies made to unregistered persons
       
  • Amendments to details of supplies in respect of any earlier statement
Original detailsRevised details
MonthGSTIN of supplierGSTIN of supplierDetails of supplies made which attract TCSAmount of tax collected at source
Gross value of supplies madeValue of supply returnedNet amount liable for TCSIntegrated TaxCentral TaxState/UT Tax
123456789
4A. Supplies made to registered persons
         
4B. Supplies made to unregistered persons
         
5. Details of interest
On account ofAmountAmount of interest
 in defaultIntegrated TaxCentral TaxState /UT Tax
12345
Late payment of TCS amount    
  • Tax payable and paid
DescriptionTax payableAmount paid
123
(a) Integrated Tax  
(b) Central Tax  
(c) State / UT Tax  
  • Interest payable and paid
DescriptionAmount of interest payableAmount paid
123
(a) Integrated tax  
(b) Central Tax  
(c) State/UT Tax  
  • Refund claimed from electronic cash ledger
DescriptionTaxInterestPenaltyOtherDebit Entry Nos.
123456
(a) Integrated tax     
(b) Central Tax     
(c) State/UT Tax     
Bank Account Details (Drop Down)   
  • Debit entries in cash ledger for TCS/interest payment [to be populated after payment of tax and submissions of return]
DescriptionTax paid in cashInterest
123
(a)       Integrated tax  
(b) Central Tax  
(c)       State/UT Tax  

Verification

I hereby solemnly affirm and declare that the information given herein above is true and correct to the best of my knowledge and belief and nothing has been concealed therefrom.

 Signature of Authorised Signatory
Place:Name of Authorised Signatory
Date:Designation /Status
Instructions:-
  1. Terms Used:-
    • GSTIN:- Goods and Services Tax Identification Number
    • TCS:- Tax Collected at source
  • An e-commerce operator can file GSTR- 8 only when full TCS liability has been discharged.
  • TCS liability will be calculated on the basis of table 3 and table 4.
  • Refund from electronic cash ledger can only be claimed only when all the TCS liability for that tax period has been discharged.
  • Cash ledger will be debited for the refund claimed from the said ledger.
  • Amount of tax collected at source will flow to Part C of GSTR- 2A of the taxpayer on filing of GSTR-8.
  • Matching of Details with supplier‘s GSTR-1 will be at the level of GSTIN of supplier.

Read More: NOTIFICATION No. 11/2024-Central Tax: Seeks to amend Notification No. 02/2017-CT dated 19th June, 2017 to assign district of Kotputli-Behror to CGST Alwar Commissionerate

Web Stories: NOTIFICATION No. 11/2024-Central Tax: Seeks to amend Notification No. 02/2017-CT dated 19th June, 2017 to assign district of Kotputli-Behror to CGST Alwar Commissionerate

Official Income Tax Return filing website: https://incometaxindia.gov.in/

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