Compilation of data for annual return from financials and various returns will be covered in this part. Discussion on various type of transactions will be made.
Reconciliation of data in financials with the corresponding data in annual return will be discussed.
Reporting of an outward supply in the annual return of GST.
Various tables collecting the data of outward supply. Reconciliation of total tax liability with the tax actually paid. Handling of short or excess payment will also be covered here.
Reporting of advances in the annual return.
Reporting of advances in various tables of annual return. Treatment of opening and closing unadjusted advances.
Reporting of RCM in various tables of annual return.
