GOODS AND SERVICE TAX

SUMMER TRAINING PROJECT REPORT

SUBMITTED BY:- TISHA KANOJIA

ROLL NO.:- 2110012025030 (62)
B.COM (HONOURS) SEMESTER:- 5
SECTION:- B
SUBMITTED TO:- DEPARTMENT OF
COMMERCE
FACULTY OF COMMERCE
UNIVERSITY OF LUCKNOW
 ACKNOWLEDGEMENT
The internship opportunity I had with NAS enterprises
Private Limited was a great chance for learning and
professional development. Therefore, I consider myself as a
very lucky individual as I was provided with an opportunity to
be a part of it.
Bearing in mind previous I am using this opportunity to express
my deepest gratitude and special thanks to Ms Rashika
Srivastava who in spite of being extraordinarily busy with
their duties, took time out to hear, guide and keep me on the
correct path and allowing me to carry out my project at their
esteemed organization and extending during training.
I will continue to work on their improvement, in order to attain
desired career objectives. Hope to continue cooperation with all
of you in the future.

Thank You
Tisha kanojia
B.Com(Hons)
2110012025030
 Index
Sr No. Topic Pg no
1. Report brief 3

2. Declaration 4

3. Certificate 5

4. Company’s Profile 6-7

5. Introduction 8-8

6. Concept of GST 10-15

7. Composition scheme under GST 16-17

8. Analysis, Finding and recommendation 17-19

9. GST form for Registration and Cancellation 19-21

10. GST Returns 21-28

11. Step for filing GSTR1 29-31

12. Step for filing GSTR3 31-32

13. E-way bill 32-34

 REPORT BRIEF
The duration of the internship was two months which started
from 25/05/2023 to 15/07/2023. The timing of the internship
was consistent with the suitability of the scholars and it had
been from Monday to Saturday. It was conducted online with
suitable working hours. During this Internship, the precise area
of focus was to be a “knowledgeable scepticism”.
The Internship Programme has been very fruitful for me and
as an intern; I got in-depth knowledge of taxes and I
understand the function of Finance and Accounting
Department.
 DECLARATION

I the undersigned solemnly declare that the project report is

based on my own work carried out during the course of our
study. I assert the statements made and conclusions drawn are
an outcome of my research work.
I further certify that the work contained in the report is
original and has been done by me under the supervision of my
supervisor.
The work has not been submitted to any other institution for
any other degree/diploma/certificate in this university or any
other colleges.
I have followed the guidelines provided by the university in
writing the report.
COMPANY’S PROFILE
Nas Enterprises Private Limited is a Private incorporated on
20 September 2022. It is classified as Non-govt company
and is registered at Registrar of Companies, Ernakulam. Its
authorized share capital is Rs. 1,000,000 and its paid up
capital is Rs. 1,000,000. It is inolved in Business activities
n.e.c.

Nas Enterprises Private Limited’s Annual General Meeting

(AGM) was last held on N/A and as per records from
Ministry of Corporate Affairs (MCA), its balance sheet was
last filed on N/A.

Directors of Nas Enterprises Private Limited are Sukumaran

Nair Gopakumar and Chaitanya Ganesh Kumar Nair.

Nas Enterprises Private Limited’s Corporate Identification

Number is (CIN) U74999KL2022PTC078010 and its
registration number is 78010.Its Email address is
gopa.1968@gmail.com and its registered address is TC-
81/2022 MOSQUE LANE THAMBANOOR
TRIVANDRUM 695001 TRIVANDRUM
Thiruvananthapuram KL 695001 IN.
 INTRODUCTION
The Goods and Services (GST) is a comprehensive value added tax on
Goods & Services. It is a vast concept. GST will be help to enhancing
& supporting the economic growth of a country.
In India, the idea of adopting GST was first suggested by the Atal
Bihari Vajpayee Government in 2000. To the Narendra Modi’s
Government in 2014, India’s new Finance Minister Arun Jaitley was
submit 122nd Constitution Amendment Bill in the 16th Lok Sabha on
19th December 2014. The opposition demanded that the bill be sent for
discussion to the standing committee. Then Government of India has
appointed various committees, task force to give their views to
introduce a vibrant and modern Indirect Tax structure in India.
Finally in August 2016, The Constitution Amendment bill was passed
in the parliament & 18 states ratified The Constitution Amendment Bill
& The President Pranab Mukherjee gave his assent to it.
GST council has also recommended four–tier GST rate structure &
thresholds. GST council approved-
➢ The Central Goods & Services Tax Bill (CGST Bill).
➢ The Integrated Goods & Services Tax Bill (IGST Bill)
➢ The Union Territory Goods & Services Tax Bill (UTGST Bill)
➢ The State Goods & Services Tax Bill (SGST Bill)
These bills were passed by the Lok Sabha on 29 March 2017. The Rajya
Sabha passed these bills on 6th April 2017.
The GST was implemented at midnight on 1st July 2017 by
president of India Pranab Mukherjee & the government of
India.
The rationales behind moving from current
tax structure to GST is explained below:
➢ The indirect tax Regime where taxes under various
headings are levied on goods and services would be
replaced with one common tax module. This will
encourage national market due to uniformity in tax
structure across the states.

➢ Taxes levied at multiple levels mean extra burden on

consumers and businesses due to cascading effect.
Implementation of GST would mean relief from excess
taxing at different levels.

➢ Earlier taxes for goods and services were separate, but

clearly distinguishing between goods and services have
become difficult with lot of innovation and technological
advancement. GST will remove this problem too.

Objective of the GST:

➢ One Nation-One Tax.
➢ Consumption based tax instead of Manufacturing.
➢ Uniform GST Registration, payment and Input tax Credit.
➢ To eliminate the cascading effect of Indirect taxes on
single transaction.
➢ Subsume all indirect taxes at Centre and State Level
under.
➢ Reduce tax evasion and corruption.
➢ Increase productivity.
➢ Increase Tax to GDP Ratio and revenue surplus.
➢ Increase Compliance.
➢ Reducing economic distortions.
Concept of GST
The Act come into effect on 1st July 2017; Goods & Services Tax Law
in India is a comprehensive, multi-stage, destination-based tax that is
levied on every value addition. In simple words, Goods and Service
Tax (GST) is an indirect tax levied on the supply of goods and services.

Who shall pay?

• Taxable person-sch III

On what GST shall be paid?

• Supply of Goods and services. Section 7

When GST shall be paid? • Point of Supply

Where shall GST be paid?

• Place of supply

To whom shall would be

paid? • Respective Government

How to pay? • Cash/Credit

Types of GST
There are three kinds of taxes under GST-
1. SGST
2. CGST
3. IGST
SGST- Goods & Services Tax SGST means State Goods and
Service Tax. It is covered under State Goods and Service Tax Act 2016.
A collection of SGST will be the revenue for State Government. After
the introduction of SGST all the state taxes like Value Added Tax,
Entertainment Tax, Luxury Tax, entry Tax etc. will be merged under
SGST. For example, if goods are sold or services are provided within
the State then SGST will be levied on such transaction.

CGST- CGST means Central Goods and Service Tax. CGST is a

part of goods and service tax. It is covered under Central Goods and
Service Tax Act 2016. Taxes collected under Central Goods and
Service tax will be the revenue for central Government. Present Central
taxes like Central excise duty, Additional Excise duty, Special Excise
Duty, Central Sales Tax, Service Tax etc. will be subsumed under
Central Goods and Service Tax.

IGST- IGST means Integrated Goods and Service Tax. IGST falls
under Integrated Goods and Service Tax Act 2016. Revenue collected
from IGST will be divided between Central Government and State
Government as per the rates specified by the government. IGST will be
charged on transfer of goods and services from one state to another
state. Import of Goods and Services will also be deemed to be covered
under Inter-state transactions so IGST will be levied on such
transactions. For example, if Goods or services are transferred from
Rajasthan to Maharashtra then the transaction will attract IGST.

Tax Rates under GST

GST rates are divided into five categories which are 0%, 5%,
12%, 18%, 28%.
All the basic need requirement good are pleased in 0% category like
food grains, bread, salt, books etc. Goods like paneer packed food, tea
coffee etc are placed under 5% category. Mobiles, sweets, medicine are
under 12%. All types of services are under 18% category. All other
remaining luxury items are placed under the last head of 28%.
CENTRAL TAXES TO BE
SUBSUMED UNDER GST

➢ Central Excise Duty

•Additional Excise Duties
•Excise Duty levied under the Medicinal and
Toiletries
Preparation Act
➢ Service Tax
➢ Additional Customs Duty, commonly
known as Countervailing Duty (CVD)
•Special Additional Duty of Customs - 4% (SAD)
•Surcharges, and
•Cesses.
STATE TAXES TO BE
SUBSUMED UNDER GST

•VAT including purchase tax

•Entertainment tax (unless it is levied by the local
bodies).
•Luxury tax
•Taxes on lottery, betting and gambling.
•State Cesses and Surcharges in so far as they
relate to
supply of goods and services.
•Entry tax not in lieu of Octroi.
TAXES NOT TO BE
SUBSUMED UNDER GST

➢ Central Taxes
•Customs Duty
•Excise on tobacco products and petroleum
products
➢ State Taxes
•Excise duty on liquor
•Octroi
•Sales Tax on petroleum products (Natural
Gas is undecided)
•Stamp duty
•Taxes and duties on electricity.
 SALIENT FEATURES OF GST
• The GST would be applicable on the supply of
goods or services.
➢ other than alcoholic liquor for human consumption
and five petroleum products.

• Destination based consumption tax

• Exports would be tax-free and imports taxed at the

same rate as integrated tax (IGST)

• Tax payers with an aggregate turnover in a financial year up

to Rs.20 lakhs would be exempt from tax.
➢ For special category states specified in Article
279A, the
threshold exemption shall be Rs. 10 lakhs.
➢ Tax payers making inter-State supplies or paying
tax on reverse charge basis shall not be eligible for
threshold exemption.

• Small taxpayers with an aggregate turnover in a financial

year up to Rs. 50 lakhs shall be eligible for composition levy.

• An Integrated GST (IGST) would be levied and collected by

the Centre on inter-State supply of goods and services.

• HSN code shall be used for classifying the goods under the
GST regime.
• Taxpayers whose turnover is above Rs. 1.5 crores but below
Rs. 5 crores shall use 2-digit code and the taxpayers whose
turnover is Rs. 5 crores and above shall use 4-digit code.
• For Services, Service Accounting Codes (SAC) shall be used
Composition scheme under GST
Any taxable person whose aggregate turnover in the preceding
financial year is less than Rs. 1.5 Crores and less than Rs. 75 lakhs for
North Eastern States can opt for a simplified composition scheme
where tax will payable at a concessional rate on the turnover in a state
without the benefit of Input Tax credit. The floor rote of tax for CGST
and SGST shall not be less than 1%. A tax payer opting for composition
levy shall not collect any tax from his customers. Tax payers making
inter-state supplies or paying tax on reverse charge basis shall not be
eligible for composition scheme.

Meaning of supply
The taxable event in GST is supply of goods or services or both.
Various taxable events like manufacture, sale, rendering of service,
purchase, entry into a territory of state etc. have been done away with
in favour of just one event i.e., supply. The constitution defines "Goods
and Services Tax" as any taxon supply of goods, or services or both,
except for taxes on the supply of the alcoholic liquor for human
consumption.
The Central and State governments will have simultaneous powers to
levy the GST on Intra-State supply. However, The Parliament alone
shall have exclusive power to make laws with respect to levy of Goods
and Services Tax on Inter-State supply.
Time of supply
Under GST, liability to remit GST to Government arises at the time of
supply. Time of supply is generally the earliest of one of the three
events, namely receiving payment, issuance of invoice or completion
of supply.
Transaction value
Transaction Value is the basis for Valuation for supply of goods and/or
services under the GST Regime. For the levy of tax i.e., GST first we
have to determine the transaction value. "Transaction Value' is the price
actually paid or payable for supply of goods and/or services.
Features of registration process
1. Existing dealers: Existing VAT/Central excise/Service Tax payers
will not have to apply afresh for registration under GST.
2. New dealers: Single application to be filed online for registration
under GST.
3. The registration number will be PAN based and will serve the
purpose for Centre and State.
4. Unified application to both tax authorities.
5. Each dealer to be given unique ID GSTIN
6. Deemed approval within three days.
7. Post registration verification in risk-based cases only.

Analysis, Finding & Recommendation

1. Data presentation of GST-The Goods and
Services Tax- is the mother of all tax reforms in India. It is crucial
for all businesses to understand the implications of GST on their
brands. Since GST is a new law and crucial processes like return
filing and invoicing have been changed, it is even more important
that business owners and tax professionals understand the
nuances of these new laws so that they can be GST compliant.
Understanding the Payment Process under GST:
Every registered person is required to compute his tax liability on a
monthly basis by setting off the Input Tax Credit (ITC) against the
Outward Tax Liability. If there is any balance tax liability the same is
required to be paid to the government.

There are 3 ledgers prescribed by the government that is required to be

maintained by every tax payer

➢ Electronic Tax Liability Ledger: The electronic tax

liability ledger shows the total tax liability of a registered person at
any point of time. This detail can be accessed on the GST portal of
a registered tax payer.

➢ Electronic Cash Ledger: An Electronic Cash Ledger will

also be maintained on the GST portal. It will display the total
amount deposited by the tax payer towards discharge of his tax
liability or interest or late fee or penalty any other amounts. Also,
it is now mandatory for business making payment for more than
10,000 to do it electrically.
➢ Electronic credit ledger: All the taxes paid on the inputs
would be recorded in the electronic credit ledger. The input tax
credit also be transferred to the electronic credit ledger:

2.Data analysis of GST: The Prime Minister approved the

Constitution Amendment Bill for goods and service tax"(GST) in the
parliament Session (Rajya Sabha on 3 August 2016 and Lok Sabha on
8 August 2016) along with the ratification by 50% of the state
legislatures. Thus, the current indirect taxes levied by state and Centre
are all set to be replaced with proposed implementation of GST by
April 2017. This would be the biggest tax Reform since Independence
and a boon to the economy as it will eradicate the shortcomings of the
current tax structure and provide a single tax on supply of all goods and
services.
Benefits of GST
• Removal of bundled indirect taxes such as VAT,
CST, Service tax, CAD, SAD, and Excise.
• Less tax compliance and a simplified tax policy
compared to current tax structure.
• Removal of cascading effect of taxes i.e., removes
tax on tax.
• Reduction of manufacturing costs due to lower
burden of taxes on the manufacturing sector. Hence
prices of consumer goods will be likely to come
down.
• Lower the burden on the common man i.e., public
will have to shed less money to buy the same
products that were costly earlier.
• Increased demand and consumption of goods.
• Increased demand will lead to increase supply.
Hence, this will ultimately lead to rise in the
production of goods.
• Control of black money circulation as the system
normally followed by traders and shopkeepers will
be put to a mandatory check.
• Boost to the Indian economy in the long run.
GST FORMS FOR REGISTRATION
AND CANCELLATION
Sr From Description
No. number
1 REG-01 Application for Registration (other than taxable
person, a person required to deduct tax at source
under Section 51 and a person required to collect tax
at source under Section 52 and a person supplying
online information and database access or retrieval
services from a place outside India to non-taxable
online recipient referred in Section 14 of the IGST
Act,2017)
2 REG-02 Acknowledgement
3 REG-03 Notice for seeking Additional
Information/Clarification/ Documents relating to
Application for
Registration/Amendments/Cancellation
4 REG-04 Clarification/Additional information /Document
for Registration/Amendment/ Cancellation
5 REG-05 Order of Rejection of Application for
Registration/Amendments/Cancellation
6 REG-06 Issued registration certificate
7 REG-07 Application for Registration as TDS (u/s 51) or
TCS (u/s 52)
8 REG-08 Order of Cancellation of Registration as TDS/TCS
9 REG-09 Application for Registration of Non-Resident
Taxable Person
10 REG-10 Application for registration of a person supplying
online information and database access or retrieval
service from a place outside India to a person in
India, other than registered person
11 REG-11 Application for extension of Registration period by
casual/non-resident taxable person
12 REG-12 Order of Grant of Temporary Registration/ Sou
Motu Registration
13 REG-13 Application/form for Grant of Unique Identity
Number (UIN) to UN Bodies/ Embassies/others
14 REG-14 Application for Amendment in Registration
Particulars (For all types of registered persons)
15 REG-15 Order for Amendment
16 REG-16 Application Cancellation of Registration

17 REG-17 Show Cause Notice for Cancellation of Registration

18 REG-18 Reply to Show Cause Notice issued for Cancellation
for Registration
19 REG-19 Order for Cancellation of Registration
20 REG-20 Order for Dropping the proceedings for cancellation
of registration
21 REG-21 Application for Revocation of Cancellation of
Registration
22 REG-22 Order for revocation of cancellation of registration

23 REG-23 Show Cause Notice for rejection of an application

for revocation of cancellation of registration
24 REG-24 Reply to the notice for rejection of an application for
revocation of cancellation of registration
25 REG-25 Certificate of Provisional Registration
26 REG-26 Application for Enrolment of Existing Taxpayer
27 REG-27 Show Cause Notice for cancellation of Provisional
registration
28 REG-28 Order Cancellation of Provisional registration
29 REG-29 Application for cancellation of registration of
migrated taxpayer
30 REG-30 Form for Field Visit Report
31 REG31 Intimation for suspension and notice for cancellation
of Registration
What is GST Return?
GST return is an official document that furnishes
all the purchases, sales, tax paid on purchases, and
tax collected on sales-related details. The GST
returns is required to be filed, following which the
taxpayer has to pay off the tax liability.

Who should file GST return?

GST returns has to be filed by all the business
entities who are registered under the GST system.
The filing process has to be identified on the basis
of the nature of the business.
The registered dealer who part of the following
activities needs to file a GST return:
1. Sales
2. Purchase
3. Output Goods and services tax (on Sales)
4. Input Tax Credit with GST paid on the
purchase
How to File GST Returns
with GSTN?
The Goods and Service Tax Network will store
information of all GST registered sellers and
buyers, combine the submitted details, and
maintain registers for future reference. Companies
have to file 3 monthly returns every 3 months and
one annual return in a financial year (37 returns in
total). GSTN has launched a simple excel based
template to make the filing of returns easier for
businesses. This excel workbook can be
downloaded from the GST common portal free of
charge. Taxpayers can use this template to collate
invoice data regularly. The details of inward and
outward supplies can be uploaded on the GST
portal on or before the due date. The data
preparation can be done offline. Only while
uploading the prepared file on the GST portal will
the taxpayer need the Internet.
How to check GST Returns
Status?
The official GST Login Portal allows you to check
the status of your GST Returns. There are 3
different methods for the same. The methods are
as follows:
• Tracking the status using the ‘Return Filing
Period’ option
• Tracking the status using the ‘ARN’ option
• Tracking the status using the ‘Status’ option

How to Download GST

Returns?
You can download your GST Returns from the official
GST Portal. You can follow the steps mentioned below
to download your GST Returns:
• Step 1: Use your credentials to log in to the online
GST portal at https://www.gst.gov.in/.
• Step 2: Click on the ‘Services’ tab from the top
menu.
• Step 3: Navigate to ‘Returns Dashboard’ under the
‘Returns’ option.
• Step 4: In the next page, select the financial year
and the return filing period from the respective
drop-down boxes.
• Step 5: Click on the ‘Search’ button and select the
GTR that you want to download.
• Step 6: Click on the ‘Prepare Offline’ button under
the selected GSTR.
• Step 7: Navigate to the ‘Download’ option and
click on ‘Generate File’.
• Step 8: In general, the request for the generation of
the file takes around 20 minutes.
• Step 9: Once the file is generated, a download link
will be generated. Click on the ‘Click Here’ option
to download the ZIP file containing your GST
Returns.
Penalty for late filing of GST
Returns
A penalty will be levied on the taxpayer in case he/she
fails to file the returns on time. This penalty is called
the late fee. As per the GST Law, the late fee is Rs.100
for each day for each Central Goods and Services Tax
(CGST) and State Goods and Services Tax (SGST).
Thus, the total fine amount will be Rs.200 per day.
However, this rate is subject to changes which will be
announced through notifications. The maximum amount
of fine that can be levied is Rs.5,000. Integrated GST or
IGST does not attract any late fee in case the return
filing is delayed. The taxpayer will also be required to
pay an interest at the rate of 18% p.a. in addition to the
late fee. This interest has to be calculated by the
taxpayer on the amount of tax that is to be paid. The
time period will be calculated from the day following
the filing deadline till the date when the actual payment
is made.
 GST RETURNS
Return Particulars Person Due date
form responsible for
filing
GSTR-1 Monthly/quarterly return Registered taxable 10th of the next
containing details of outward person month in terms of
supplies of taxable goods and or section 37 but
services effected generally extended
by Commissioner
to 11th in respect of
monthly return and
the 13th of the
month succeeding
the quarter if
eligible and opted
to file quarterly
return.
GSTR-2 Details of inward supplies of Registered taxable 15th of the next
taxable goods and/or services recipient month (Since
effected claiming input tax credit. suspended)
(Verified details to be submitted to
supplier in GSTR-1A)
GSTR-3 Monthly return on the basis of Registered taxable 20th of the next
finalization of details of outward person month Since
supplies and inward supplies along suspended and
with the payment of amount of tax. replaced with
GSTR-3B)
GSTR- Monthly/Quarterly return of Registered taxable 20th of the next
3B inward and outward supplies of person month.
goods or services or both, input tax For quarterly
credit availed, tax payable, tax returns, it is 22nd
paid and other prescribed or 24th of the
particulars. month succeeding
quarter depending
on State.
GSTR-4 Yearly return for composition Composition supplier 13th of April of
taxable person. succeeding
financial year.
GSTR-5 Return for Non-Resident taxable Non-Resident taxable 20th of the next
foreign person foreign person month
GSTR-6 Return for Input Service Input Service 13th of the next
Distributor Distributor month
GSTR-7 Return for authorities deducting Tax deductor 10th of the next
tax at source month
GSTR-8 Details of supplies effected E-commerce 10th of the next
through e-commerce operator and operator/tax collector month
the amount of tax collected
GSTR-9 GSTR-9A for dealer under Registered taxable 31st December of
composition levy) person next financial year
(GSTR-9B for registered persons
with turnover of One crore or
above)
(GSTR-9C for registered persons
with turnover of Two crore or
above. For year 2018-19 and 2019-
20, this limit is Five Crore)
GSTR- Final return Taxable person Within three
10 whose registration months of the date
has been surrendered of cancellation or
or cancelled date of cancellation
order, whichever is
later.
STEPS FOR FILING GSTR-1
Step 1: Log into GST portal by using Username and
Password.
Step 2: Click on the service menu, click on
Returns>Return Dashboard
Step 3: Select Financial Year & Return filing period
and click on search.
Step 4: Select GSTR 1- Outward supplies made by the
taxpayer by clicking on PREPARE ONLINE.
Step 5: Click on B2B Invoices & you will be directed
to the add invoice page.
Step 6: Click on ADD INVOICE.
Step 7: Enter Receiver GSTIN & Receive Name will
get auto populated. Enter the other mandatory details.
Step 8: Proceed to add line item-wise data in dropdown
that appears after entering GSTIN.
Step 9: Enter all the mandatory details like HSN code
(goods) or SAC (services), CGST + SGST or IGST
(depending whether inter-state or intra-state supply),
CESS etc.
Step10: Click to add the line item.
Step 11: Once all line items are added for a particular
invoice, click SAVE to add the invoice.
Step 12: On clicking SAVE, you will be directed to the
previous page and there will be a status display on the
processing of the invoice.
Step 13: Click on Click Here for Update
Step 14: Click on the reference number under B2B and
status will be updated as Processed (may take up to 1-
minute)
Step15: Click BACK. You will be directed to the
GSTR 1 landing page and the B2B tile in GSTR 1 will
reflect the number of invoices added.
Step 16: Click on B2B invoices and you will be
directed to the Add invoice page again where the
added the invoice will reflect under B2B Invoice-
Receiver-wise Summary.
Step 17: You can click on the GSTIN under Receiver
Details and you will be directed to the Add Invoice
Page from where you can also edit /delete the added
Invoice (under Action).
Step 18: Similarly, add all the invoices with line item-
wise data in respective tiles-B2B, B2C-Large, B2C-
others, etc.
Step 19: Once you have added all the details, click on
SUBMIT at the bottom of the GSTR1 landing page.
Step 20: After clicking SUBMIT, click on FILE
Step 21: In case of private limited companies, LLPs,
FLLPs DSC is mandatory for filing returns
Step 22: Click confirm.
Step 23: Once user click on the Confirm button, the
Acknowledgement Reference Number (ARN) will be
generated & the pop-up message will appear.

STEPS FOR FILING GSTR 3

Step 1: From the landing page of returns, select return

filing period
Step 2: Click on GENERATE under GSTR 3
Step 3: On clicking GENERATE, Taxpayer will be
directed to GSTR 3 Dashboard where summary of
GSTR 3 will be displayed if the GSTR 1 & GSTR 2
for the tax period have been filed by the taxpayer. This
summary will be generated based on the field in GSTR
1 & GSTR 2
Step 4: User will edit the prefilled Turnover details in
this field
 Step 5: User can cross verify the prefilled data of
Outward Supply
Step 6: User can cross verify the prefilled data of
inward Supply
Step 7: User can cross verify the prefilled data of ITC
credit
Step 8: User can enter the amount for which refund to
be claimed
Step 9: Details of tax paid are auto populated from
Cash & Electronic Credit Ledger
Step 10: Details pf TDS Credit are auto populated
from GSTR 2
Step 11: Details pf Total Tax Liability are auto
populated from
GSTR 3
Step 12: when liability is calculated , the return is
creat4d & the taxpayer will affix their DSC by clicking
on DSC button. Once DSC are affix, the button for file
GSTR 3 will be enabled so that the taxpayer can file their
GSTR 3
Step 13: You can also preview the return before filing

E-way Bill-
EWay Bill is an Electronic Way bill for movement of
goods to be generated on the E-way Bill Portal. A GST
registered person cannot transport goods in a vehicle
whose value exceeds Rs. 50,000 (Single
Invoice/bill/delivery challan) without an e-way bill that
is generated on ewaybillgst.gov.in. Alternatively, E-
way bill can also be generated or cancelled through
SMS, Android App and by site-to-site integration
through API. When an E-way bill is generated, a unique
Eway Bill Number (EBN) is allocated and is available
to the supplier, recipient, and the transporter.
When Should E-way Bill be issued?
E-way bill will be generated when there is a movement
of goods in a vehicle/ conveyance of value more than
Rs. 50,000 (either each Invoice or in aggregate of all
invoices in a vehicle/conveyance) -
• in relation to a 'supply'
• For reasons other than a 'supply' (say a return)
• Due to inward 'supply from an unregistered person

For this purpose, a supply may be either of the

following:
• A supply made for a consideration (payment) in the
course of business
 • A supply made for a consideration (payment)
which may not be in the course of business.
• A supply without consideration (without
payment)In simpler terms, the term 'supply' usually
means a

1 Sale - sale of goods and payment made

2. Transfer-branch transfers for instance
3. Barter/Exchange - where the payment is by goods
instead of in money
Conclusion
In conclusion my experience with NAS enterprises
Private Limited was crucial in my development as a
future taxation I will be able to take the teachings and
skills acquired and apply them in future career
opportunities. I even have spent great time with PN
International Private Limited and gained invaluable
experience and knowledge. Each and each session were
worth attending and created enthusiasm to understand
more.

As an intern, I used to be assigned various activities

during the internship which made me to urge a deep
knowledge that particular subject. The most purpose of
this internship program is to working in the field of tax.
I, as an intern, got an honest platform to broader my
knowledge regarding GST basic concept and therefore
the usage of taxes filing in the company.

Thank You