Reporting 6% rate in GSTR-1

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Reporting 6% rate in GSTR-1 - Goods and Services Tax - GST Dated:- 10-5-2022 - News - 1. A new tax rate of 6% IGST or 3% CGST+ 3% SGST has been introduced on certain goods vide Notification No. 02/ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2022 dated 31st March 2022. Changes are being made on the GST portal to include this rate in GSTR-1 . As a temporary measure, taxpayers who have to report goods at this rate may do so by reporting t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he entries in the 5% heading and then manually increasing the system computed tax amount to 6%. This can be done by entering the value in the Taxable value column next to 5% tax-rate and then incr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... easing the system computed tax-amount to 6% IGST or 3% CGST + 3% SGST in the Amount of Tax column under the relevant Table, namely B2B, B2C or Export, as applicable. This will ensure that correct .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tax amount is reported in GSTR-1 . Meanwhile, this rate will be made available on the GST portal shortly. 2. GSTN regrets any inconvenience caused in this regard. Thanking you, Team GSTN - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X