Steps for filling GSTR-7 (TDS Returns)
A). Upload Invoices
Here you can upload the details for GSTR-7 through the input format provided by EMG. The data needs to be as per EMG Input Formats.
You will see status as ‘IN PROGRESS’ in the upload history table (In case file is in queue for further processing then status would be ‘UPLOADED’. Once the file passes all the technical validations, the status will change to ‘SUCCESS’. Once the file is uploaded successfully, go to the view tab.
B). Validation (Invoice level Input)
Here you can view the uploaded details in the respective fields as per the format of the uploaded document.
To view in detail or to view any business rule related error or warning, click on GSTIN of supplier so that detailed view will get opened and you can see error/warning if any-
Note – Red symbol in Error/Warning column shows sign of error and orange colour symbol shows sign of warning.
Filter and download data facilities are available. Once you review your details, now create and Save details on GSTN.
C). Create GSTR-7 Summary
Click on “Create GSTR 8” then confirm it so that the GSTR-7 return will get created.
D). Validate and match the summary
Now the EMG summary will be displayed. Now you can view the GSTR-7 summary and can match the same with your books or your working.
E). Saved data to GST portal
Now you can click on save status to view data which got saved at GSTN Portal.
EMG – Created based on the data which is prepared for saving
GSTN – Fetched from GST portal based on the data that is available /saved at the GST system.
F). Generate GSTR-7 Summary
After saving data, you can fetch the summary of data saved at GSTN. Also summary is available for download in CSV format.
So here in EMG Sapphire, you can view a comparative view of summary i.e.
EMG – Created based on the data which is prepared for saving
GSTN – Fetched from GST portal based on the data that is available /saved at the GST system.
For the Submission and to file the return, you need to go to the GSTN portal.