Attention B2C GST filers who are facing problem with GSTR-1: GSTN issues new advisory, here’s what experts sayGSTN's mandatory B2B sales information and HSN code in GSTR-1, table 12, is creating issues for taxpayers with only B2C sales. The system i...
GST return filing to be blocked 3 years after original due date starting JulyThe GSTN announced that from July 2025, taxpayers will be barred from filing monthly and annual GST returns after three years of the origin...
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 ...
Relief for GST taxpayers: Deadline for GSTR-1 and GSTR-3B extended after GSTN reported technical issues with the portalGST return deadline: The deadline for GSTR-1 and GSTR-3B both, has been extended by 2 days each. GSTR-1 deadline is now January 13, 2025 wh...
This change in GST annual return if not checked properly can result in input tax credit mismatchGoods and services tax: GST annual form GSTR-9 has a significant change which if not properly checked can result in input tax credit mismat...
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...
Come September 1, non-filers of 2 monthly GST returns to be barred from filing GSTR-1In an advisory to taxpayers, GSTN, which manages the technology backbone for Goods and Services Tax, said that Rule-59(6) of Central GST Ru...
GST Network starts providing auto-drafted input tax credit statement to taxpayersGSTR-2B will be generated on GST portal for every registered person on the basis of the information furnished by his suppliers and will be ...
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...
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...
70% IGST refund stuck due to flawed claims filed by exporters: CBECThe Central Board of Excise and Customs (CBEC) has sanctioned Rs 4,000 crore worth refunds to exporters in 4 months since October.
A simpler GST filing regime: Here are the proposed changesThe simplified GST filing system is expected to be approved by the Council in its next meeting. The changes were deliberated upon in its la...
Input Service Distributors can now file GSTR 6 on GST portalThe last date for filing of GSTR 6 return for July is December 31, GSTN said in a statement.
Exporters claim Rs 6,500 crore refund for July-October: Finance MinistryThe CBEC had last month started refunds for exporters of goods who have paid Integrated GST (IGST) and have claimed refund based on shippin...
GSTN launches new facility for exporters to claim refundsThe shipping bill filed by an exporter with customs authorities is considered to be an application for refund of integrated tax paid on the...
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.
Government notifies timeline for filing of tax returns under GSTAs per the notification, outward supplies in Form GSTR-1 for the month of July will have to be filed between September 1-5. For August, it ...