Stakeholders seek more time for GSTR-9 and 9C as new ITC reporting rules introduce granular, multi-year reconciliations that ...
The extension of GST return filing timelines along with the deferment of e-invoicing and new returns announced by Nirmala Sitharaman, the Finance Minister of India, would allow businesses to focus on ...
The current Goods and Services Tax (GST) regulations showed that all regular and irregular taxpayers are required to file their GST returns for each tax period. Form GSTR-3B, a streamlined summary ...
The CBIC is planning to introduce a monetary limit for issuing GST demand notices to reduce unnecessary disputes and avoid notices on flimsy grounds. The board will release instructions to field ...
The GST portal crashed on Tuesday with only one day left to file the GSTR-3B return form. Unable to file their returns right before the GST deadline, thousands of taxpayers took to Twitter to complain ...
Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...
The roll-out of the new simplified return-filing system for the goods and services tax (GST), which was to kick in from January 2019, may get delayed further and, most probably, beyond the tenure of ...
NEW DELHI: The Finance Ministry on Sunday said that the number of GST return filers rose about 65% to 1.13 crore in 5 years till April 2023. The number of active taxpayers registered under GST too ...