#gstr 5a

What is GSTR-5A?

The Goods and Services Tax Return (GSTR-5A) is a return to be provided by (OIDAR) Online Information and Database Access or Retrieval providers of service, for the services given from a profession outside India to non-taxable persons in India. Filing GSTR-5A is compulsory i.e. GSTR-5A requires to be filed even if there is no activity of the business (NIL Return) in the tax period.

When is the GSTR-5A last date?

Know the GSTR-5A due date is the 20th of the succeeding month. Though, as per the latest announcements, 20th November 2018 is the due date to file GSTR-5A for the October month of 2018.

You need to things to keep in mind of GSTR-5A filing

As far as filing GSTR-5A is worried, the following points require to be kept in mind by OIDAR (Online Information and Database Access or Retrieval) providers of service:

One couldn't file GSTR-5A for the current time if the return for the prior tax period has not been filed.

GSTR-5A return for a tax period of particular can be filed only after obtaining full payment of taxes and other obligations.

OIDAR provider of services can't claim any ITC in GSTR 5A. Therefore, no electronic credit record is kept for GSTR-5A.

At current, there is no late fee appropriate in case of late filing of GSTR-5A.

GSTR-5A Format

Form GSTR-5A essentially needs the non-resident OIDAR provider of service to supply details of taxable outside supplies, about online information and database access or retrieval services, offered to non-taxable persons or users in India. Besides, amendments to the details equipped in leading tax periods, seeing details of interest or any other amount, and offsetting liabilities are also allowed in Form GSTR-5A.

How to file GSTR-5A

GSTR-9 form once filed could not be corrected. Any mistake done in the return can be reviewed in the return of next month when the fault or omission is recognized.

  1: The Supplier GSTIN

  2: Registered Person’s Legal Name & Company/Trade Name (if any)

3: Authorized Name of representative in India filing the return

4: Time Period i.e. of the Month and Year

5: Taxable outside supplies delivered to consumers in India – including information of the area of equipment, tax rate, taxable value, integrated tax & cess

5A: Amendments to taxable outside supplies built to non-taxable persons in India

6: Interest Calculation, penalty or any other value.

7: Tax Interest, Late Fee, and any other amount payable and paid

After the successful filing of the GSTR-5A Form, an acceptance is generated plus e-mail information is sent to the taxpayer and including an SMS information is pushed to the mobile number (registered in India) of the allowed signatory mentioned in the registration application.

GSTR-5A is a return application form to be filed by non-resident (OIDAR) online Information and Database Access or Retrieval services provider for the services given from a place outside India to a person in India to unregistered person or non-taxable customers.

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