Imports & Special Economic Zone Supply to be Auto-generated in GST

The inward and import supply by special economic zones can be seen by GST taxpayers because it is auto populated. Several kinds of buyings will be auto-populated under the Form GSTR 2B Check out the main features of the new GSTR 2B form under the current GST return filing system. The taxpayers will file GSTR 2B from 1st October 2020. read more. The present taxpayers have filed GSTR1 known as seller form and GSTR 3B although the purchases will not be auto populated from GSTR1.

“The present data upload has been done on a trial basis to give a feel of the functionality and to get feedback from the taxpayers on the same,”. Up to August 6, the import has been displayed presently by the system.

Read Also: Supplies to SEZ Under GST: Rules and Provisions Get to know the complete details of supplies given to SEZ under GST India. Also, we have covered GST rules, provisions and goods export to SEZ. Read more

“The system currently does not contain important information for bills of entries filed at non-computerized ports and imports made through courier services/post offices. This will be done shortly,”. At present these Forms can be edited through taxpayers since the authorities check for the flaws.