IMPORTANT CHECK POINTS BEFORE FILING GST RETURNS FOR THE MONTH OF SEPTEMBER 2020

S. No.	Check Points	Checked / Not Checked / Not Applicable
1	The Last date to claim ITC on invoices pertaining to FY 2019-20 is due date for filing of GSTR-3B for the month of September 2020.
2	Any mistakes/errors in GSTR-1's filed during FY 2019-20 can be rectified only till due date for filing GSTR-1 for the month of September 2020.
3	The last date for issuing credit notes for Invoices Raised during FY 2019-20 is the due date for filing GSTR-3B for the month of September 2020. Also, it is advisable to issue debit notes for invoices raised during FY 2019-20 before filing GSTR-3B for the month of September 2020.
4	GSTR-2A Vs GSTR-3B Reconciliation for FY 2019-20 shall be done before 20th October 2020 to avail any unaccounted ITC or to intimate vendors to upload our invoices in case they are not reflecting in our GSTR-2A.
5	Fulfilling restrictions as per Rule 36(4) for the months February 2020 to August 2020 cumulatively & September 2020 independently.
6	Compare and Reverse ITC availed during FY 2019-20 cumulatively as per Rule 42 & 43 to the extent of exempted products.
7	Reverse ITC if payments are pending to vendors in case of invoices dated before 31.03.2020.
8	Check if payments are received in case of all services export Invoices Raised till 30.09.2020.
9	ITC shell be reversed if securities (shares, mutual funds) are redeemed during FY 2019-20.
10	Check GSTR-2A and reverse ITC to the extent of Credit Notes.
11	Perform Reconciliation of Books and GST Returns for FY 2019-20 to report any missed incomes.

Disclaimer: The article is based on the relevant provisions and as per the information existing at the time of the preparation. In no event i shall be liable for any direct and indirect result from this article. This is only a knowledge sharing initiative.