New GSTN advisory: GST registered suppliers must take note of these new changes made in GSTR-1 from January 2025When you file GSTR-1 on or before February 11, 2025, the specified new rules will have to be followed otherwise the return will be consider...
14 Jan, 2025, 04.06 PM IST
GST Council likely to vet CBIC's plan for additional validations in return filing to check evasionThe CBIC last week introduced validation and risk rating for GST registrations, as it looks to curb fake entities issuing fake bills just t...
18 Jun, 2023, 01.31 PM IST
CBIC issues new rules for outward suppliesFrom January 1, 2021, quarterly return filers will have to furnish business to business invoices for the first two months of the quarter, t...
11 Nov, 2020, 03.58 PM 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
GSTR-9 is exceedingly complex. Things to consider in simplifying itTaxpayers have shown preference for a simpler form of compliance. Instead they are saddled by a system that asks for intricate details of t...
04 Oct, 2019, 09.57 AM IST
Only about 15% of taxpayers have filed GST Returns, low numbers worry CBIC chiefThe dismal figures has prompted CBIC Chairman Pranab K Das to get the tax commissioners to help out with the process and expedite the retur...
09 Aug, 2019, 11.12 AM IST
View: A fair assessment of Good and Services TaxThe GST impact goes beyond revenues and rates of duty. It has transformed our federal polity for the good.
28 Mar, 2019, 06.16 AM IST
How to file GSTR-9: Preparing the first-ever annual return for financial year 2017-18With the extended time limit, taxpayers who are yet to submit GSTR-9 must proceed only after ensuring that all the GST Returns applicable t...
27 Mar, 2019, 10.48 AM IST
Five things to do before you file annual returns under GSTCompliance with the GST provisions is a must-do task by you, as a registered taxpayer. Otherwise, you will end up paying penalty and late f...
24 Dec, 2018, 12.28 PM IST
Not so simple: Annual GST return seeks additional details from taxpayersGST Law mandates all taxpayers, except casual taxable person or non-resident taxable person, input service distributor, person liable to de...
06 Sep, 2018, 10.10 AM IST
Government unveils draft GST returns forms, seeks public commentsThe tax department today put up in public domain draft GST returns forms -- Sahaj and Sugam -- for seeking comments from stakeholders.
30 Jul, 2018, 10.39 PM IST
GST Council unveils new, simplified return filing processIt will take about six months for GSTN to prepare for it so for that period the current arrangement will continue, said Finance Secretary H...
04 May, 2018, 06.16 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
GSTN portal to be ready for invoice uploading from July 24The GSTN had last month launched an offline Excel format for businesses to keep their invoice records and from July 24 this Excel sheet can...
16 Jul, 2017, 02.00 PM IST
GST implementation is beyond short term disappointmentsGovernment will need to be on people's side and address every problem in GST implementation with fairness and persistence.
03 Jul, 2017, 10.37 AM IST
Industry and businesses not ready for GST; what they need to doWhile the benefits that the GST brings are beyond question, business and industry don’t seem to be ready for this historic indirect tax ref...
09 Jun, 2017, 12.29 AM IST
Odisha supports GST, claims Rs 2,755 crore as CST compensationOdisha's claim was made at the meeting of the Empowered Committee of State Finance Ministers on GST, held in Kolkata today.
14 Jun, 2016, 07.16 PM IST