Use of GSTR-6
It is a monthly return to file by all the Input Service Distributors (ISD) for distribution of credit (ITC) amongst its units.
Who is an Input Service Distributor?
Under GST, Input Service Distributor is a type of taxpayer who needs to distribute the GST Input Tax Credit that pertains to its GSTIN, to its units or branches having different GSTIN but registered under the same PAN. In addition to this, he is the one who receives invoices for services use in its branches. The tax paid is claim as Input Tax Credit and ISD distributes such tax to its branches on a proportional basis by issuing the ISD invoices.
Note:
The branches can have different GSTIN but they must have the same PAN as that of the Input Service Distributor.
Cases where Input Tax Credit cannot be transferred by Input Service Distributor
Details of Form GSTR-6
It is separate into parts: Invoice Details and Invoice Distribution. It comprises of following tables
TaxHelpdesk can help you in filing your GSTR-6
Once your order is placed, TaxHelpdesk’s professional team for reviewing of documents will check the documents uploaded by you within 24 working hours. After reviewing documents, a Tax Expert will be assigned and your order will be processed. Even more, apart from this, you also will be able to check the status of the order in your assigned account.
Contents of GSTR-6
Form GSTR-6A
It is an automatically generate form based on the details provided by the suppliers of an Input Service Distributor in their form GSTR 1, it is a read-only form. In addition, any changes to be made in form GSTR-6A have to be done while filing form GSTR-6.
Note:
You do not have to file form GSTR-6A. It is a read-only document. Further, it can viewing by scrolling to the Return Dashboard on the GST Portal and clicking on ‘PREPARE ONLINE’ on GSTR6A tile.
When should Input Service Distributor file their GSTR-6?
The due date for filing Form GSTR-6 is 13th day of the succeeding month or amended by Government by notification from time to time.
Month | Due Date |
April | 13th May |
May | 13th June |
June | 13th July |
July | 13th August |
August | 13th September |
September | 13th October |
October | 13th November |
November | 13th December |
December | 13th January |
January | 13th February |
February | 13th March |
March | 13th April |
Late fees applicable on late filing of GSTR-6
Late filing attracts levying late fees of Rs. 50 per day (Rs. 25 CGST + Rs. 25 SGST).
Procedure to file GSTR-6
Requisite Documents for GSTR-6 filing
– Details of input tax credit received for distribution.
– Details of debit or credit notes receive.
– Amendments to debit or credit notes receive.
– Details of ITC available and eligible and ineligible ITC redistribute.
FAQs
Yes, you can file your Form GSTR-6 return. Even if your counterparties have not filed their respective Form GSTR-1 or Form GSTR-5.
No, there is no Electronic Credit Ledger maintained for ISD Registrants since ISD has to only distribute credit available during a tax period.
You can file Form GSTR-6 using DSC, or EVC.
(a) Digital Signature Certificate (DSC)
Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Moreover, a digital certificate can be presented electronically to prove one’s identity, to access information or services on the Internet or to sign certain documents digitally in India, DSC are issued by authorized Certifying Authorities. Even more, the GST Portal accepts PAN based DSC’s only.
(b) Electronic Verification Code (EVC)
The Electronic Verification Code (EVC) authenticates the identity of the user at the GST Portal by generating an OTP. In addition, the OTP is sent to the mobile phone number of the registered mobile phone of Authorized Signatory filled in part A of the Registration Application
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