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...
12 Apr, 2025, 12.34 PM IST
2 days delay in input tax credit: Buyers will have to wait longer for GSTR-2B statement; use recompute option in this caseGoods and Service Tax: The GSTR-2B (input tax credit) statement will now be generate 2 days late on January 16, 2025 for the December 2024 ...
14 Jan, 2025, 06.47 PM IST
GSTR 2B input tax issue: A new advisory by GSTN on how to fix it for FY 2023-24Goods and services tax (GST): The GSTN in an advisory said that if you are facing the issue of non-generation of GSTR 2B which is a stateme...
18 Nov, 2024, 05.40 PM IST
Govt extends April GST payment deadline till May 24, Infosys told to fix problem ASAPEarlier in the day, the CBIC had said that a technical glitch has been reported by Infosys in the generation of April GSTR-2B and auto-popu...
17 May, 2022, 10.33 PM IST
Notices on mismatch between GSTR 2A & GSTR 3B: How to defend such cases?The mechanism for matching of input tax credit as per GST law is designed to be carried out by combined filing of Forms GSTR-1, GSTR-2 and ...
14 Aug, 2021, 12.56 PM IST
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...
01 Aug, 2020, 11.16 AM IST
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...
19 Dec, 2019, 11.51 AM IST
GST: Key changes and simplifications of GSTR-9 & GSTR-9C for taxpayersThe government also is anticipating that with these changes and the due date extension, all taxpayers would comfortably be able to file the...
10 Dec, 2019, 11.13 AM IST
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.
11 Oct, 2019, 10.40 AM IST
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...
29 May, 2019, 11.44 AM IST
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 ...
12 Sep, 2018, 10.12 AM IST
One year of GST: The workings of the technology-first tax systemGetting a country which is the size of India to do a complete transformation has been extraordinary in itself.
30 Jun, 2018, 12.17 PM IST
The Rs 34,000 cr GST riddle: Why the differences in GSTR-3B and GSTR-1 should not alarm the GovernmentThe most surprising outcome has been the announcement that preliminary findings have revealed major data gaps exist between self-declared l...
12 Mar, 2018, 12.32 PM IST
Government extends GSTR-2 & GSTR-3 to Nov 30 and Dec 11GSTR-2 is the most important return for GST compliance since availability of ITC depends on it. However, the ecosystem needs some more stab...
03 Nov, 2017, 12.46 PM IST
Government asks taxpayers to file final July GST returns by tomorrow"Taxpayers who have not yet filed their GSTR-1 for July are advised to do so immediately," the finance ministry said in a statement.
09 Oct, 2017, 08.39 PM IST
GST returns: This is how you file your GSTR-1Based on the nature of business and the nature of supplies made during the month, only the relevant components of GSTR-1 are applicable, no...
06 Sep, 2017, 02.05 PM IST
Government extends GSTR 1 filing date to September 10The filing of GSTR 1 for August has been extended to Octobet 5, GSTR 2 till October 10 and GSTR 3 till October 15.
05 Sep, 2017, 01.49 PM IST