Masters India GST Software
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  • 🖌️MastersIndia GST
  • INTRODUCTION
    • Dashboard
    • Configuration
      • Manage Business
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      • Supplier Master
      • Manage FTP/SFTP
      • Import Tally Data
      • Sales and Purchase Validation off
      • Manage Template
    • Import Data
      • Sales/Purchase Import
      • Add Invoice
      • Exporting Invalid and Duplicate Invoices
      • View Data and Invoice Actions
      • E-invoices data from MI EDoc
    • GST Return
      • GSTR 1
      • GSTR 3B
      • GSTR 6
      • GSTR 9
      • GSTR 9C
      • GSTR-07
      • ITC-04
    • Invoice Management System (IMS)
      • IMS Module Configure and Reco Sync
      • IMS Invoice Actions
    • Reconciliation
      • GSTR-1 vs Sales Register Reconciliation
      • E-Invoice vs Sales Register Reconciliation
      • GSTR-2A vs Purchase Register Reconciliation
      • GSTR-2B vs Purchase Register Reconciliation
      • GSTR-9(8A) vs Purchase Register Reconciliation
      • GSTR-6A vs Purchase Register Reconciliation
      • Outward Eway-Bill vs GSTR-1 Reconciliation
      • IMS vs Purchase Register Reconciliation
    • Payment And Challan
      • How to Generate Challans
        • Manual Challan Generation
        • Saved Challans
      • Payment Methods
    • Notices & Orders
    • Reports
      • GST Reports
      • Comparison Reports
      • Filing Preference Report
      • Ledger Report
      • GSTIN Filing Report
      • Search GSTIN Report
      • ITC Ageing Report
      • ITC summary Report
      • Search GSTIN E-invoice Applicability
      • Cash and Credit Ledger Reports
      • ITC Reversal & Re-Claimed Statement
    • Tax-GPT
  • Help & Support
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On this page
  • What GSTR-07?
  • Filing GSTR-07 using Masters India GST Software
  • Data import
  • Summary preparation
  • Upload the prepared summary
  • Challan Creation and Payment
  • File

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  1. INTRODUCTION
  2. GST Return

GSTR-07

GSTR-7 is a return filed by the individual who deducts TDS under GST. This will demonstrate how a user can file their GSTR-07 through Masters India GST Software.

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Last updated 5 months ago

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What GSTR-07?

GSTR-7 is a return filed by the individual who deducts TDS under GST. GSTR-7 contains details of TDS deducted, TDS liability payable and paid, TDS refund claimed etc.

As per the Act, the following individuals and entities can deduct TDS:

i) a department or agency of the central or state government

ii) a local authority

iii) state agencies

iv) persons or categories of persons whom the Central or State Government may designate on the recommendation of the Council

Filing GSTR-07 using Masters India GST Software

Data import

Users must import their TDS invoice values in the "All-Purchase Invoices" template sheet.

Summary preparation

The data would be imported from the Data Import section and prepared as per the summary format provided by the government.

Users need to proceed to the GST Return section and enter the GSTR-07 tile

Users can see their prepared summary from their imported data. Users can also see whether they have any "Rejected records" which were by their deductees.

The users can add, edit and delete their records from the prepared data. Click on the "Detailed View" button and edit all the records as per the user's requirement.

Upload the prepared summary

Once the summary is prepared, the user needs to click on the upload button as shown above. They can also check their upload history, in the "Upload History" button.

Challan Creation and Payment

Liabilities can be paid in cash only. The cash balance available in the electronic cash ledger as of the date will be shown.

Scenario 1: If the available cash balance in the Electronic Cash Ledger is less than the amount required to offset the liabilities:

  1. If the available cash balance in the Electronic Cash Ledger is less than the amount required to offset the liabilities, the available cash balance is shown to be as utilised from the Electronic Cash Ledger. Users may create a challan for the additional cash directly by clicking on the CREATE CHALLAN button.

  2. The Create Challan page is displayed.

  3. Select the Payment Modes.

  4. Click the GENERATE CHALLAN button.

  5. The Challan is generated.

File

Once the payment is done, the user can go ahead and file the GSTR-07 using DSC or EVC.