Stakeholders seek more time for GSTR-9 and 9C as new ITC reporting rules introduce granular, multi-year reconciliations that ...
New Delhi [India], August 13: The GST tax system was first introduced in 2017 in India. As of the present year records, the number of tax filers has increased from 68% (FY 2017-2018) to 90%. Various ...
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 issue explains how automated portal controls now trigger late fees, return blocks, and suspensions. Key takeaway: proactive compliance is essential to avoid system-driven ...
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 ...
Return forms proposed for the goods and services tax (GST) are set to put an end to one of the widely used methods for tax evasion—claiming rebate for tax that was not paid in the first place. The new ...
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 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 ...
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 ...
The deadline to file Goods and Services Tax (GST) annual returns for businesses has been extended by the government for FY 2020-21. The Central Board of Indirect Taxes & Customs (CBIC) said that "the ...