gst return tutorial (Tutorial 1A)
GST RETURNS CALCULATION
TUTORIAL-1 (PART-A)
This tutorials helps you, how to calculate GST Payable amount in GST Returns. Every GST Registered dealer must file GST returns in Monthly/Quarterly basis. For better understanding please read all our tutorials. In every tutorial we have provided 3-7 examples.
Before read our tutorials, please remember the following information. i.e.our company details, buyer and supplier details and place of GST registration.
----------------------------------------------------------------------------------
Our Company Name: Modern Bikes
Registered Address: Andhra Pradesh
Modern Bikes Sold Goods to the following Companies
Buyer Company 1: Pawan Moters
Registered Address: Andhra Pradesh
Buyer Company 2: Murugan Enterprises
Registered Address: Tamilnadu
Modern Bikes Purchased Goods to the following Companies
Supplier Company 1: Hitech Engineers
Registered Address: Andhra Pradesh
Supplier Company 2: John Spares Ltd
Registered Address: Kerala
-----------------------------------------------------------------------------------------------------------
EXAMPLE-1
Modern Bikes Sales for the month of April-2019 as follows:
> Goods Sold@18% to Pawan Moters for Rs. 1,00,000+GSTModern Bikes Purchases for the month of April-2019 as follows:
> Goods Purchased@18% from Hitech Engineers for Rs.60,000+ GSTAnswer:
Modern Bikes sold their goods to same state (Andhra Pradesh). So this sales comes under Intra State sales and CGST (9%) and SGST (9%) is applicable.
TABLE-S1.1
DESCRIPTION
|
SALE TYPE
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
TOTAL
|
SALES @ 18%
|
INTRA STATE
|
100,000
|
9,000
|
9,000
|
118,000
|
Modern Bikes purchased Goods from same state (Andhra Pradesh). So this purchase comes under Intra State Purchases and CGST (9%) and SGST (9%) is applicable
TABLE-P1.1
DESCRIPTION
|
SALE TYPE
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
TOTAL
|
PURCHASES @ 18%
|
INTRA STATE
|
60,000
|
5,400
|
5,400
|
70,800
|
MODERN BIKES GST RETURNS FOR THE MONTH OF ARPIL-19
In GST returns you have enter Total Sales TAXABLE VALUE and Total CGST, SGST & IGST values (Output).
In the same way you have enter Total Purchases TAXABLE VALUE and Total CGST, SGST & IGST Values (Input Tax Credit).
TABLE-R1.1
SL.NO
|
DESCRIPTION
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
3.1 (a)
|
OUTWARD TAXABLE SUPPLIES
|
100,000
|
-
|
9,000
|
9,000
|
4.A (5)
|
LESS: INPUT TAX CREDIT
|
60,000
|
-
|
5,400
|
5,400
|
GST PAYABLE
|
3,600
|
3,600
|
|||
GST Payable = Output-Input
= CGST (9000-5400) & SGST (9000-5400)
= CGST: 3,600 & SGST: 3,600
EXAMPLE-2
Modern Bikes Sales for the month of April-2019 as follows:
> Goods Sold@18% to Pawan Moters for Rs. 2,00,000+GSTModern Bikes sold their goods to same state (Andhra Pradesh). So this sales comes under Intra State sales and CGST & SGST is applicable.
Modern Bikes Purchases for the month of April-2019 as follows:
> Goods Purchased@18% from Hitech Engineers for Rs.70,000+ GST> Goods Purchased@12% from Hitech Engineers for Rs.80,000+ GST
Modern Bikes purchased Goods from same state (Andhra Pradesh). So this purchases comes under Intra State Purchases and CGST & SGST is applicable.
Answer:
DESCRIPTION
|
SALE TYPE
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
TOTAL
|
SALES @ 18%
|
INTRA STATE
|
200,000
|
18,000
|
18,000
|
236,000
|
TABEL-P1.2
DESCRIPTION
|
SALE TYPE
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
TOTAL
|
PURCHASES @ 18%
|
INTRA STATE
|
70,000
|
6,300
|
6,300
|
82,600
|
|
PURCHASES @ 12%
|
INTRA STATE
|
80,000
|
4,800
|
4,800
|
89,600
|
|
TOTAL PURCHASES
|
150,000
|
11,100
|
11,100
|
172,200
|
MODERN BIKES GST RETURNS FOR THE MONTH OF ARPIL-19
TABLE-R1.2
SL.NO
|
DESCRIPTION
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
3.1 (a)
|
OUTWARD TAXABLE SUPPLIES
|
200,000
|
-
|
18,000
|
18,000
|
4.A (5)
|
LESS: INPUT TAX CREDIT
|
150,000
|
-
|
11,100
|
11,100
|
GST PAYABLE
|
6,900
|
6,900
|
|||
In the above table Total Output Value 18,000+18,000 and Input Value 11,100+11,100. So GST Payable: 6,900+6,900
EXAMPLE-3
Modern Bikes Sales for the month of April-2019 as follows:
> Goods Sold@18% to Pawan Moters for Rs. 1,50,000+GST
> Goods Sold@18% to John Spares Ltd (Kerala) for Rs. 50,000+ GST
Pawan Moters is located in same state. That means INTRA STATE SALES. So CGST & SGST is applicable. John Spares Ltd is located in another state. That means INTER STATE SALES. So IGST is applicable.
Modern Bikes Purchases for the month of April-2019 as follows:
> Goods Purchased@18% from Hitech Engineers for Rs.90,000+ GST
> Goods Purchased@12% from Hitech Engineers for Rs.20,000+ GST
Modern Bikes purchased Goods from same state (Andhra Pradesh). So this purchases comes under Intra State Purchases and CGST & SGST is applicable.
Modern Bikes purchased Goods from same state (Andhra Pradesh). So this purchases comes under Intra State Purchases and CGST & SGST is applicable.
Answer:
TABLE-S1.3
DESCRIPTION
|
SALE TYPE
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
TOTAL
|
SALES @ 18%
|
INTRA STATE
|
150,000
|
13,500
|
13,500
|
177,000
|
|
SALES @ 18%
|
INTER STATE
|
50,000
|
9,000
|
59,000
|
||
TOTAL
|
200,000
|
9,000
|
13,500
|
13,500
|
236,000
|
TABEL-P1.3
DESCRIPTION
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
TOTAL
|
|
PURCHASES @ 18%
|
INTRA STATE
|
90,000
|
8,100
|
8,100
|
106,200
|
|
PURCHASES @ 12%
|
INTRA STATE
|
20,000
|
1,200
|
1,200
|
22,400
|
|
TOTAL PURCHASES
|
110,000
|
-
|
9,300
|
9,300
|
128,600
|
MODERN BIKES GST RETURNS FOR THE MONTH OF ARPIL-19
TABLE-R1.3
SL.NO
|
DESCRIPTION
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
3.1 (a)
|
OUTWARD TAXABLE SUPPLIES
|
200,000
|
9,000
|
13,500
|
13,500
|
4.A (5)
|
LESS: INPUT TAX CREDIT
|
110,000
|
-
|
9,300
|
9,300
|
GST PAYABLE
|
9,000
|
4,200
|
4,200
|
||
In the above table there is no IGST input credit. Hence IGST payable is Rs.9,000. And CGST & SGST input credit 9300+9300 available. So final CGST & SGST payable is Rs.4200+4200
EXAMPLE-4
Modern Bikes Sales for the month of April-2019 as follows:
> Goods Sold@18% to Pawan Moters for Rs. 1,50,000+GST
> Goods Sold@18% to John Spares Ltd (Kerala) for Rs. 1,00,000+ GST
> Goods Sold@12% to Pawan Moters for Rs. 40,000+GST
> Goods Sold@12% to John Spares Ltd (Kerala) for Rs. 60,000+ GST
Modern bikes supplied Goods to Andhrapradesh & Kerala States. Andhrapradesh sales comes under Intra State Sales. Beacause Modern bikes GST registration state is Andhrapradesh. So All Sales to with in Andhrapradesh comes under Intra state sales. And all sales to Outside Andhrapradesh comes under Inter State Sales.
Modern Bikes Purchases for the month of April-2019 as follows:
> Goods Purchased@18% from Hitech Engineers for Rs.90,000+ GST
> Goods Purchased@18% from Murugan Enterprises (Tamilnadu) for Rs.30,000+ GST
> Goods Purchased@12% from Hitech Engineers for Rs.20,000+ GST
> Goods Purchased@12% from Murugan Enterprises (Tamilnadu) for Rs.90,000+ GST
Answer:
TABLE-S1.4
DESCRIPTION
|
SALE TYPE
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
TOTAL
|
SALES @ 18%
|
INTRA STATE
|
150,000
|
13,500
|
13,500
|
177,000
|
|
SALES @ 18%
|
INTER STATE
|
100,000
|
18,000
|
118,000
|
||
SALES @ 12%
|
INTRA STATE
|
40,000
|
2,400
|
2,400
|
44,800
|
|
SALES @ 12%
|
INTER STATE
|
60,000
|
7,200
|
67,200
|
||
TOTAL
|
350,000
|
25,200
|
15,900
|
15,900
|
407,000
|
TABLE-P1.4
DESCRIPTION
|
SALE TYPE
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
TOTAL
|
PURCHASES @ 18%
|
INTRA STATE
|
90,000
|
8,100
|
8,100
|
106,200
|
|
PURCHASES @ 18%
|
INTER STATE
|
30,000
|
5,400
|
35,400
|
||
PURCHASES @ 12%
|
INTRA STATE
|
20,000
|
1,200
|
1,200
|
22,400
|
|
PURCHASES @ 12%
|
INTER STATE
|
90,000
|
10,800
|
100,800
|
||
TOTAL PURCHASES
|
230,000
|
16,200
|
9,300
|
9,300
|
264,800
|
MODERN BIKES GST RETURNS FOR THE MONTH OF ARPIL-19
TABLE-R1.4
SL.NO
|
DESCRIPTION
|
TAXABLE VALUE
|
IGST
|
CGST
|
SGST
|
3.1 (a)
|
OUTWARD TAXABLE SUPPLIES
|
350,000
|
25,200
|
15,900
|
15,900
|
4.A (5)
|
LESS: INPUT TAX CREDIT
|
230,000
|
16,200
|
9,300
|
9,300
|
GST PAYABLE
|
9,000
|
6,600
|
6,600
|
||
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