If you are registered under GST, as an Input Service Distributor (“ISD”), you will have to file GSTR-6 return within its given deadline. The GSTR 6 form contains all the details regarding your purchase invoices and most of the information in this return is auto-populated. In this article, we will talk about every detail you need to know about the GSTR-6 return.
It is important to note that ISD registration is separate from normal registration under GST. Therefore, if you have registered as a regular supplier under GST and you are liable to register as ISD also. Then you need to apply for a separate GST Registration as ISD.
1. Important Features of GSTR 6
Every Input Service Distributors needs to file GSTR 6 form
GSTR-6 is a monthly return filing form.
The due date of the return is 13th of the following month
Taxpayers should furnish all the details of their ISD Invoice issued for distribution of credit along with the Input Tax credit (“ITC”) received.
例：
Head office-X is located in Delhi and it has branches registered in the state of UP and Haryana under the same PAN. The head office enters into a contract with a supplier of Manpower to supply security guards for head office and branch offices. Manpower Supplier raises a single invoice on the head office. As part of the credit has been received by the head office on behalf of branch offices in UP and Haryana.
Therefore, the Head office will transfer proportionate credit to branch offices as ISD.
2. Due Date to File GSTR-6 Return
Businesses need to file GSTR-6 for monthly returns within the 13th of the succeeding month. Say, for example, a business is registered as ISD in Mumbai and have their branches spread across Bangalore, Hyderabad, Gurgaon, and Kolkata. Now, let's assume that they need to file GSTR-6 for returns for the month of January 2020. Hence the deadline to file GSTR-6 return will be 13th February 2020.
However, GSTR-6 will be available for filing only after the 10th of the succeeding month. So, effectively you have 3 days for filing GSTR-6.
3. What Are The Information That Needs To Be Furnished While Filing GSTR-6?
Go through the following and learn about all the details that you need to submit while filing GSTR-6.
3.1 Table 1 & 2: The Taxpayer Details
Year and Month: Here you have to enter the period for which you are filing the GSTR-6 return.
GSTIN: Businesses registered under the GST regime have a unique Goods and Service Identification Number. Its a 15 digit number beginning with 2 digits as state code, 10 digits as permanent account number, and other 3 digits acts as a check digit. It gets auto-populated at the time of return filing.
Name of the taxpayer: The second row is for entering your business detail such as the Legal name of the registered person and the trade name. It will also get auto-populated.
3.2 Table 3: Information Related to Input Tax Credit Received
Here the ISD needs to furnish all the information related to the supplies received and the input credit amount.
The information related to inward supply gets generally auto-populated from the GSTR-1 and GSTR-5 form. This information will auto-populate in GSTR-6A of ISD.
But ISDs will have to file the details of all the credit covered under IGST, CGST or SGST.
3.3 Table 4. Total Eligible or Ineligible ITC for the given tax period
Most of the information gets auto-updated from table 3. You need to cross-check the amount of eligible and ineligible ITC.
3.4 Table 5: Credit Available under IGST, CGST, and SGST
Here in this table, the ISD require to furnish the information related to the distribution of ITC under CGST, SGST, and IGST.
For the distribution of ITC, ISD needs to issue separate ISD invoices. The format for the same is given in GST law.
Invoice wise detail is required in this table.
3.5 Table 6: Amendments in Data Furnished in The Previous Returns in Table No. 3
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