GSTN launches offline Excel-based utility to boost Invoice Management System for greater accuracy in ITC claims; Here’s how it can helpGSTN has launched a new offline Excel utility for its Invoice Management System (IMS), aiming to boost accuracy in Input Tax Credit (ITC) c...
Has the GSTR-3B return filing due date for the March 2026 tax period been extended?Tax professionals are struggling to file GSTR-3B for March 2026. The GST portal is experiencing significant slowdowns, preventing logins an...
Extend GSTR-3B return filing deadline: Demand by advocates and CAs as the portal is not working properlyChartered accountants and tax professionals are demanding an extension for the GSTR-3B filing deadline, citing persistent issues with the G...
March 31, 2026 deadline for key Income Tax and GST compliances: Time to take action now to prevent penalties and late feesTaxpayers face a critical March 31, 2026 deadline for numerous income tax and GST filings. Missing these dates can lead to lost benefits an...
Facing GSTR-3B filing issues despite no late invoice reporting? GSTN acknowledges problem and suggests interim workaroundGSTN has issued a new advisory for GSTR-3B filings. Starting February 2026, taxpayers must confirm the 'Tax Liability Breakup, As Applicabl...
GSTR-9 table 8A update: New invoice management system will form part of 8A from this year; Important things to watch out forTaxpayers must prepare for significant changes in GSTR-9 annual returns for FY 2024-25. The new Invoice Management System (IMS) will now be...
New changes implemented by GSTN for Table 3.2 of GSTR-3B and GSTR-1, GSTR-1A from April 2025 tax periodGST: Goods and Services Tax (GST) registered buyers and sellers need to be aware of these changes made in GSTR-3B and GSTR-1/1A return from...
GST return filing process: Hard-locking of auto-populated values in GSTR-3B Form; check detailsGST return filing process: GSTR-3B is a condensed summary return, and its intention is for taxpayers to report their summarized GST obligat...
Taxpayers can amend sales return form before GST paymentGST taxpayers can now amend Form GSTR-1 with Form GSTR-1A before tax payment, ensuring accurate GSTR-3B filing. Partners like Abhishek Jain...
Upcoming changes in GSTN and its impact on the present GST return filing systemWith a view to remedy the hardships faced by the taxpayers, the Government announced certain steps that are proposed to be taken to improve...
Cash flow to be further impacted as GST Council lowers eligible credit under ITC to 10%The change has led to another set of compliance on a monthly basis i.e. check GSTR 2A if the credit claimed doesn’t exceed GSTR 2A by 10% a...
New proposal to claim GST input credit may have significant impact on cash flowThis means going forward, it will be mandatory for the buyers to match the ITC claimed with the details uploaded by the vendors.
GST portal updates: 11 new features on GSTN that you need to be aware ofTax filers who file their returns quarterly now do not have to wait for the quarterly filing of refund applications too. The portal has ena...
GST: Why businesses must prepare GSTR-9 without any delaySome businesses are yet to draw reconciliations, between GSTR-1, GSTR-2A and GSTR-3B. Too many changes in the process of filing have kept s...
GSTN develops system to fetch e-way bill data into monthly sales returns to curb evasionMatching of invoices of e-way bills with the sales shown in GSTR-1 will help taxmen in assessing whether the supplies have been accurately ...
Last chance to claim GST Credits for previous fiscal: All you need to do within this monthReturn to be filed for September happens to be the last return to take all credits pertaining the previous financial year. So what are the ...
Last date for filing GSTR-1 for July 2017 to Sep 2018 extended till Oct 31Under GST, businesses with a turnover of over Rs 1.5 crore has to file final sales return or GSTR-1 by the 11th of next month