1) Terms used:
GSTIN: Goods and Services Tax Identification Number
UIN: Unique Identity Number
UQC: Unit Quantity Code
HSN: Harmonized System of Nomenclature
POS: Place of Supply (Respective State)
B to B: From one registered person to another registered person
B to C: From registered person to unregistered person
2) GS-5 is applicable to nonresident taxableperson and it is a monthly return.
3) The details in GSTR5 should be furnished by 20thof the month succeeding therelevant tax period or within 7 days from the last date of the registration whichever isearlier.
consists of details of import of goods, bill of entry wise and taxpayer has to specify the amount of ITC eligible on such import of goods.
Recipient to provide for Bill of Entry information including six digits port code and seven digits bill of entry number.
For all B to C supplies (whether inter-State or intra-State) where invoice value is up to Rs. 2,50,000/- State-wise summary of supplies shall be filed in
Table 8 consists of amendments in respect of-i.B2B outward supplies declared in the previous tax period;i―B2C interState invoices where invoice value is more than 2.5 lakhs‖ reportedin the previous tax period; andiiiOriginal Debit and credit note details and its amendments.