What is Form GSTR-6?
Form GSTR-6 is a monthly return to be filed by all the Input Service Distributors (ISD) for distribution of credit (ITC) amongst its units.
Who needs to file Form GSTR-6 and is it mandatory to file this form?
Only those taxpayers who are registered as Input Service Distributor (ISD) need to file Form GSTR-6. It is a mandatory return, to be filed monthly. A ‘Nil’ return must be filed in case of no business activity.
What is GSTR-6A?
GSTR-6A is a system generated ‘draft’ Statement of Inward Supplies for a Receiver Taxpayer. GSTR-6A is a read only form. Taxpayer cannot take any action in GSTR-6A. GSTR-6A for a particular tax period changes based on the details uploaded by the counter party supplier till ISD taxpayer submits the GSTR-6 for the same tax period.
When can I view GSTR-6A of a tax period?
1. When the counterparty has not submitted/filed GSTR-1: Any/all invoices uploaded by Supplier Taxpayers in their GSTR-1 will be visible in the GSTR-6A in near real time and the same can also be viewed in the GSTR-6 of the recipient.
2. When the counterparty has submitted/filed their return: When the counterparty has submitted/filed their return, the invoices available in the GSTR-6A will continue to be available for viewing. Additionally, Receiver Taxpayers will be able to take action on the invoices in GSTR-6. The ACCEPT/REJECT buttons against invoices will be enabled for action. The information available in GSTR-6A will also be available in GSTR-6.