Facility of Correcting SB005 Error for IGST Refunds Extends by CBIB

CBIC (Central Board of Indirect Taxes & Customs) has released Circular No.22/2020 on April 21st 2020. Exporters will be informed by these circular regarding decisions taken by authority. Facility of SB005 error correction for shipping bills has been extended by 31 Dec 2019 for IGST Refund.

According to information this is a fully automated mechanism of disbursal of complete IGST Refund. It was blocked because of the error SB005. This error was occurred by mismatches in GST return data and data of customers that was presented with shipping bills.

Here you need to know that investors use two type of invoices one is commercial invoice and second is tax invoice. GST is used in tax invoice and commercial invoice is used by exports. The reason of Error SB005 was matching of invoice numbers.

CBIC already informed all the members of trade, exporters, shipping lines and custom brokers to understand this error. It is also decided to reduce the chance of occurrence of this type of errors in future.

Benefits of Filing GST Return Using GEN GST Software

There are many companies who provide GST filing software’s online. GEN Soft Solutions Online is one of the best GST Software providers in Hyderabad, India. GEN GST software is build with multiple features that allows users to fill their GST return without any error. Below are the features of GEN GST Filing Software you must know.

  1. Cloud Platform: GST 2.0 Version is the latest GST Filing software by GEN Soft Solutions Online. This software is based on cloud platform and can be accessed off line and on line from anywhere in the world.
  2. Run on Any platform: GEN GST Software 2.0 is not depended on any specific platform. It can be run on any platform without further modifications. Platforms like Mobile/Tablet, PC and MAC
  3. OS Independent: This software is not dependent on any specific OS. IT can be run using any operating system without any modification. Version 2.0 GEN GST Software supports following operating system. Android, iOS, Windows and Android
  4. Retun Forums: This software has a feature that shows return forum filed directly using the software.
  5. Data Import:  Gen GST software can import various data from excel, GST portal and renowned accounting software’s easily.

To know more about GEN GST Filing Software you can visit this page.


What is GST?

GST is an Indirect Tax for the entire country on the supply of goods and services, which has been replaced for many Indirect Taxes in India like VAT, CST, and many other taxes charged by the state government. It took 17 years to evolve this law, and in 2017 the GST Bill was passed in the Lok Sabha and Rajya Sabha. The Goods & Services Tax Law is a comprehensive, multi-stage, destination-based tax.

There are three types of GST: CGST, SGST/UTGST, IGST.

● Central Goods and Services Tax (CGST) and State Goods and Services Tax (SGST) is imposed on the supply made by a registered person within the state.

● UTGST is imposed along with CGST on a supply made by a registered person within a union territory.

● IGST will be levied on the import or interstate supply of goods or services or both.

How To Calculate GST?

You can easily calculate the GST levied on you by the software provided by the ABV Pvt. Limited. A GST software calculates Integrated GST as the sum total of CGST and SGST or UTGST.

The formula used to calculate a GST is:

GST Amount = Actual Cost of an Item of the product X % GST Rate Imposed for the Goods or Services.

To calculate GST and account for it in an invoice:

Invoice Value = Taxable Value (+) GST Amount

Taxable Value GST will be levied on the value of supply so, the correct value of supply is required.



A GST software is a complete GST solution that is designed and developed by ABV Pvt Ltd. The software is available on Desktop and Online also. The desktop and online variants of GST software are based on the highly secured computer programming language. GST software designed by soft solutions online gives the best user-interface presenting each and every feature displayed on-board. GST ready software (Billing, Returns Filing & e waybill, and many more) designed by our company is Operating System (OS) independent (Online). So, regardless of OS running on the system, the software is all set to work and operate on the desktop right away from the installation. You can access our software anytime and anywhere, giving on-the-spot assistance to the small businesses in India for GST billing, e-filing & E way bill purpose.


Gen Soft Solutions Online gives the best Income Tax, TDS, Audit, CMA Taxation software. We are India’s Best Taxation Software to file your Income Tax Returns, TDS returns, and Audit Reports easily. The modules like Income tax return e-filing, GST, GST compliance software, etc. modules are inbuilt into the software. We have designed an Income tax software, which is a complete package of Income-tax computation software, ITR software, and income tax e-filing software. You can take advantage of ITR software for easy preparation and generation of ITR forms in paper returns. You can also get an e-return by just filling the values from the computation sheet and balance sheet to ITR forms.


Gen Soft Solutions Online also designs Payroll Softwares for efficiently managing and smooth-running of the process of making payments to employees. The software is designed by our company is used by other Companies for the automatic calculations of payments, withholding taxes, and depositing monthly payments into the designated bank account of employees. Our Payroll software has an inbuilt automatic calculation of deductions for with holdings (taxes, insurance retirement contributions). You can also use our Payroll for the processing of direct paycheck deposits, generating tax forms, and deducting wage garnishments.

Best Company Law E-filing Software by Gen Soft Solution Online

● It is an easy-to-use software that ensures 100% accuracy and compliance.

● You can upload data in a single click. It will file 100% compliant returns.

● The software is easy data ingestion and handling.

● The software is having the Inbuilt validations for error-free filing.

● It will Import data directly from Excel, Tally, Busy

● It works with all versions of Tally & Busy, and no manual data entry required One-click import-export.

● It is a complete Solution For All GST compliance.

This GST Software is for everyone.

For the CAs & Experts, for them, it manages all clients efficiently in one place. The software avoids errors & also saves time.

 Businesses, it does the error-free invoicing and even the return filing in minutes.

For the Tally/Busy Users, our software import data from accounting software or excel with 1-click.

For the E-commerce Sellers, it directly imports invoices from amazon/Flipkart to file returns.


In today’s digital world, security is one of the foremost critical assurances. Secure software will protect confidential business information and avoid any compromise that may pose a threat to your business. We have witnessed how the Wannacry virus has recently hit computer systems across the world, and hackers have asked users for payment in bitcoins against retrieval of knowledge. Hence, we ensure that our GST filling software is robust not only in return filing but also from a data security point of view as well.

Multi-Platform Adaptability

Under the new regime, every business has got to be compliant; there’s little choice of an alternate. The concept of invoice matching has been introduced, which can make sure that every taxable person within the value chain files his/her GST returns on time. This will directly affect the compliance rating of companies. Our GST filling software is enabled on multiple platforms, and it is accessible from desktop, tablets, or mobile phones at any point in time, which increases the ease of online return filing.


Many large companies are already using some version of an Enterprise Resource Planning (ERP) Software to manage their business operations and record or report processes. Even small and medium businesses, for that matter, have accounting tools for book-keeping. In such an environment, fixing new master data during a new application (GST Software) isn’t a feasible option. Our GST filling software is flexible enough to integrate with existing systems and provide a seamless experience. Multiple standalone systems operating in silos will only inflate the operating expense of companies.


Under the GST regime, an average taxpayer registered in one state will have to file twenty-five returns during a financial period. If we glance into the dynamics of today’s businesses, most brands are pan-India or have a worldwide client base. Taking the example of a single online seller who operates all over the country, we see that he may have to file 25 into 29 (29 states)= 725 returns in a single year. That is a mean of just about two returns a day! Our GST filing software evaluates the intelligence to communicate the user of all possible events coming. This will make sure that no deadline is missed, and your business remains up and running!

User Interface and Reporting

Having discussed all the features above, one key element which is universally appreciated is a beautiful user interface. For any typical business person, this ‘beauty ‘means informative dashboards and Informative Reports (MIS). This will enable quick deciding and transparent operations. Real-time information may assist you in avoiding over/under stocking and should save on capital. Also, for many businesses, and evaluation criterion for new software is the number of clicks to perform a particular task. Our GST filling software accommodates such requirements as well and operates on a minimum user interface principle.

GST Registration Can be Cancelled if you Don’t fill Returns for Six Months: Kerala HC

Do you know your GST registration can be cancelled if you are unable to file your returns for six months? Kerela High Court recently gave a verdict permitting the tax officials to cancel the GST registration of the taxpayers who are unable to fill up returns for six months. In the hearing, the petitioner defaulted returns the filing from May 20 onwards. The petitioner is a taxpayer that failed to file the returns since May 20 for which financial crises is being held responsible.

Countering the appeal of the petitioner, the fourth respondent issued Ext.P-1 proposing to cancel the GST registration of the petitioner on account of delay in filing the returns for 6 consecutive months. Hereon the 4th respondent challenged the petitioner by issuing the Ext.P-3 order that is meant to cancel the registration of a particular assessee (business firm) under Sec. 29(2) (c) of the CGST Act.

The primary dispute here was for the petitioner is to the effect that though the 4th respondent found that as on the date of Ext.P-1 notice dated 13.11.2019 there were six months continuous default on the part of the petitioner, that indeed there were only 5 months continuous default and not the mandatory six months continuous default in filing the returns as envisaged in Sec. 29(2)(c) of the CGST Act.

So here the challenging order Ext.P-3 is illegal and therefore is forbidden by the Court. Moreover, the said challenging order Ext P-3 demanding cancellation of petitioner’s GST registration was launched on 10.12.2019. Till 10.12.2019, the petitioner has already filed returns for May month that can easily be referred from the Ext.P-2 document.

The appeal was heard by judge Justice Alexander Thomas and concluding the case he delivered the order based on a writ petition filed by M/S.PHOENIX RUBBERS.

Any concerned officer might cancel the registration of the taxpayer from that date onwards or any retrospective date, as he may deem fit, where,–

  • He (taxpayer) has violated provisions of the Act or the rules made there under as may be prescribed; or
  • He is paying tax under Section 10 and has not submitted the returns for three back to back tax periods; or
  • Any registered individual (excluding the person determined by Clause (b)) found guilty of not furnishing returns for consecutive six months; or
  • An individual who has voluntarily taken up the registration under sub-section (3) of Section 25 and has not started any business (within six months) starting from the date of registration; or
  • Registration is acquired through unfair means by the assessee, any intentional misstatement or hiding of facts.

Latest GST Notifications 2020 for Central Tax, Integrated Tax & UT Tax

The following of the newest GST notifications in accordance with proper laws, rules and rates may be a must for each trading and business unit and can keep the tradition in a proper managerial way. Goods and services tax has been unravelled and nearly every business company must be acting by the latest notifications being issued by the official government departments and according to the central board of excise and customs.

According to the notifications over the Central tax, follow and have a glance at the link and be updated through the newest update over central tax issues. Also, the notifications regarding the central tax (rate) will keep you updated through the ups and downs within the rates of central taxes. Central taxes are going to be levied on the idea of Central GST and can be collected by the central government from every transaction of both interstate and intrastate in nature.

03-02-2020 07/2020

“Notification issued to prescribe due dates for filing of return in FORM GSTR-3B during a staggered manner.”

03-02-2020 06/2020

Corrigendum “Seeks to extend the last date for furnishing of annual return/reconciliation statement in FORM GSTR-9/FORM GSTR-9C for the period from 01.07.2017 to 31.03.2018.”

13-01-2020 05/2020

“Seeks to appoint the Revisional Authority under CGST Act, 2017.”

10-01-2020 04/2020

“Seeks to increase the one-time amnesty scheme to file all FORM GSTR-1 from July 2017 to November 2019 till 17th January 2020.”

01-01-2020 03/2020

“Seeks to amend the notification No. 62/2019-CT dt. 26.11.2019 to amend the transition plan for the UTs of J&K and Ladakh”

01-01-2020 02/2020

“Seeks to make amendment (2020) to CGST Rules.”

01-01-2020 01/2020

“Seeks to bring into force certain provisions of the Finance (No. 2) Act, 2019 to amend the CGST Act, 2017.”

Tips for GSTR 9C Filling

GSTR 9C is a declaration of reconciliation among the Annual Returns in GSTR 9 documented for a Fiscal Year and the charts based on audited annual Financial Summaries of the taxpayer.

Every registered person whose aggregate turnover during a fiscal year is more than INR 2 crore must get his reports audited as specified under sub-section 5 of section 35 of the CGST Act. Also, he must mandatory to provide a copy of the audited annual statements and a duly certified reconciliation summary in Form GSTR 9C.

Putting up with into account the problems faced by the tax filers while filing of GSTR 9C form, we have abstracted some common issues that were primarily faced along with suggestions that will hold up the related complications. Let us maintain a look at them for the steady & comfortable filing of GSTR 9C.

 Auto-population of the value of ITC in Table 8A of Form GSTR-9 as per Form GSTR-2A

One of the incentives responsible for the mismatch between the ITC that is pre-populated can be:

Values of table 8A of Form GSTR 9 brings Auto occupied entirely for GSTR 1 that is filed by the supplier taxpayer by the last date of this return filing. Input Tax Credit on allowances of the fiscal year, if reported after the period allowed, it won’t be auto-populated in Table 8A of Form GSTR-9 but will evaluate in Form GSTR-2A.

Use Initiate Filing- Noteworthy Point to File GSTR 9C

GSTR 9C Table received from GSTR 9, which is in the pdf extension file that can be downloaded by using the ‘INITIATE FILING’ tab, pursued by the distribution of the PDF file to the Auditor by the taxpayer for form GSTR 9C practice for a quotation. For the preparation of GSTR 9C by the Auditor, the taxpayer does not require to download the pre-filed JSON file from the portal. Do not attempt to download the JSON file if any such file instructed by your Auditor has not been uploaded by you.

The issue associated with Signature

Here, the problem is Error “Auditors sign is invalid” appears for users. The treatment for the invalid Signature is to ensure the following DSC related points.

Digital Signature Certificate (DSC)

● Digital Signature Certification must be as per PAN, and it should have a PKCS7 format.

● DSC must be incorrupted. 

● DSC must be valid/ not be expired.

To-Do with JSON File- Post receipt of JSON file

‘JSON File,’ i.e., the Reconciliation declaration created & affirmed by Auditor, is uploaded on the GST Portal using the ‘PREPARE OFFLINE’ tab on GST Portal. The button is to utilize for downloading erroneous JSON files.

Economic declarations like Balance Sheet, P&L Account, etc. can be uploaded in PDF/JPEG format using the ‘INITIATE FILING’ tab. The same cost is used to file Form GSTR 9C instructed by the Auditor. Once the signed JSON file/ Reconciliation statement and Audited Financial Statement are successfully uploaded, the ‘PROCEED TO FILE’ tab gets enabled.

Soft Solutions Online is one of the best GST Software providers to help to fill your all types of taxes online without any error.

How to File GST CMP-08 Return Online for the Deposited Payments?

GST Feeling Software

What is Form CMP-08?

A texture merchant will use this form CMP-08, it is a particular statement cum challan to proclaim the small print or summary of his/her self-assessed tax payable for a given quarter. It also acts as a challan for creating payment of tax. A composition dealer is a dealer who has registered under the composition scheme laid down for both suppliers of goods and services.

In addition to making CMP-08, a composition dealer also will get to file his/her annual return via the revised format of Form GSTR-4 by 30 April following the top of a specific fiscal year.

Who should file this form?

A taxpayer who has opted for the composition scheme has got to CMP-08 to deposit payments quarterly. There are two sorts of taxpayers registered using CMP-02 (Opt into Composition scheme):

The supplier of products being manufacturers, retailers having an annual aggregate turnover of up to Rs 1.5 crore within the previous fiscal year, except:

● Manufacturer of pan masala, ice cream, or tobacco.

● A person is making inter-state supplies.

● A simple taxable person or a non-resident taxable person.

● Businesses which supply goods through an e-commerce operator.

● the person who provides the services that fulfil the conditions mentioned under the Notification Number 2/2019 Central Tax (Rate) dated 7 March 2019 having the annual collection turnover up to Rs 50 lakh in the last financial year.

What is the maturity to file the form CMP-08?

Form CMP-08 must be filed quarterly, on or before the 18th of the month succeeding the quarter of any specific financial year.

What will be the penalty for not filing CMP-08 before the due date?

In case a taxpayer fails to furnish his/her return on or before the maturity, he or she is going to be susceptible to pay a late fee of Rs 200 per day for every day of delay. i.e. 100 rupees per day for CGST and 100 rupees per day for SGST. IGST Act prescribes an amount adequate to the late fees for CGST and SGST Act, i.e. Rs 200 per day of delay.

Late fee charges are going to be subject to a maximum of Rs 5,000 from the beginning of the maturity to the particular return filing date of the taxpayer.

How does a taxpayer fill this form?

A taxpayer will need to fill in the following details:

Step 1: A taxpayer has to enter his/her GSTIN details.

Step 2: Once the GSTN number entered, primary information like the legal name and brand name are going to be auto-filled. The same statement is going to update for the ARN (Application reference number) and date of filing, once the payment completed.

Step 3: The third table of the form will have information/summary of the self-assessed liabilities. A taxpayer will get to provide details like outward supplies on which tax is payable by him, including the inward supplies on which tax is payable on a reverse charge and cases of imports. Apart from this, the tax payable on these and therefore the interest paid (if any) should report.

Step 4: within the final step, a taxpayer has got to confirm that he/she has verified all the small print that entered from signing the form.

Important note to a taxpayer:

● A taxpayer can file a ‘NIL’ return if his/her total liabilities is zero for a given quarter.

● A taxpayer is going to be susceptible to pay interest also as a penalty just in case he/she misses the return filing maturity.

● Tax liabilities are inclusive of adjustment about advances, credit notes, debit notes or, any rectifications.

To get more help you can buy best GST filling software online at best price.

An Easy Guide to Filing GSTR 1 Online with Complete Return Procedure

GSTR1 Filling


Here we start by describing GSTR-1. In GSTR-1, the suppliers will report about their outward supplies during the reporting month. As such, all the registered taxable persons are needed to file GSTR-1 by the 10th of the ensuing month. It is the primary or the start line for passing input tax credits to the dealers.

Who needs to file GSTR-1?

GSTR-1 has got to be filed by “all” taxable registered persons under GST. However, some specific dealers aren’t required to file GSTR-1; instead, they are required to file other different GST returns because the case could also be. These dealers include all the E-Commerce Operators, Input Service Distributors, the dealers registered under the Composition Scheme Non-Resident dealers, and Tax deductors. The GSTR-1 has to be filed even in the cases when there is no business conducted during the reporting month.

How To File GSTR-1 Online?

GSTR-1 has 13 different heads that are required to be filled in. We have mentioned the major ones here:

● GSTIN of the taxable person filing the return-

Auto populated result.

● Name of the taxable person – Auto-populated field

● Total Turnover in the Last fiscal year – this is often a one-time action and has got to be filled once. This field is going to be auto-populated with the closing balance of the last year

● The amount that the return is being filed – Month & Year is out there as a sink for selection

● The details of the Taxable outward supplies made to registered persons – CGST and SGST shall be filled in case of intra-state movement, whereas IGST shall be filed only in the case of inter-state movement. Details of the exempted sales or sales at the nil rate of tax shall even be mentioned here.

● Details of the Outward Supplies made to finish customer, where the worth exceeds to the Rs. 2.5 lakhs – aside from the mentioned, all such supplies are optional.

● The entire of all outward supplies made to finish consumers, where the worth does not exceed the Rs. 2.5 lakhs.

● Details of Credit Notes or Debit Notes.

● Modifications to outward supplies of previous periods – aside from these two, any changes made to a GST invoice has needed to be mentioned during this section.

● Exempted, Nil-Rated, and Non-GST Supplies – If nothing was mentioned within the above parts, then complete details of such supplies need to be declared.

● Aspects of Export Sales made – additionally to the sales figures, HSN codes of the products supplied need to be also mentioned.

● Tax Liability arising out of advance receipts.

● Tax Paid during the reporting period – it also can include taxes purchased earlier periods.

The form has got to be digitally signed just in case of a corporation or an LLP. In contrast, within the matter of a proprietorship concern, an equivalent is often signed physically.

Filing GSTR-1 directly on the GSTN portal, you can use our software, which is simpler to use. Our software accepts data from your existing accounting software and assists you to upload it to the GSTN portal. Almost all the GSPs have come up with their return filing solution.

If you like to avoid such multiple steps and bother of using a lot of software, try our software today. Its a simple to use accounting software with super fast GST return filing. It’s designed for business owners who don’t have any accounting background.