Consequence of non-filing/ late filing of Form GSTR-1 and Form GSTR-3B

A consequence of non-filing/ late filing of Form GSTR-1 and Form GSTR-3B Two GST returns, namely Form GSTR-1 and Form GSTR-3B, places a vital role in the life of a normal registered person under GST. Form GSTR-1 covers details of…

Initiation of recovery proceedings due to difference between GSTR-1 and GSTR-3B

Initiation of recovery proceedings due to difference between GSTR-1 and GSTR-3B Under Goods and Services Tax, various amendments were made effective from 1st January 2022. Out of them, one of the important amendment that is creating a huge hue and…

GSTR-1 Filing Facility will be Blocked for Non-filing of GSTR-3B Returns

GSTR-1 Filing Facility will be Blocked for Non-filing of GSTR-3B Returns Recently, the Goods and Services Tax Network (i.e., GSTN) has introduced a new feature namely ‘Blocking of GSTR-1 if GSTR-3B is not filed for the preceding month’.This new functionality will…

Recent advisory on HSN vis-à-vis filing of GSTR-1

Recent advisory on HSN vis-à-vis filing of GSTR-1 It is reported that recently the taxpayers are facing various issues in filing Form GSTR-1 concerning the HSN code. Accordingly, an advisory was issued on the same which is taken up and…

GST ANX-1

GST ANX-1 - New GST Return Type The Goods and Services Tax (GST) announced a new and simplified GST return filing regime for small taxpayers. Under the new regime, persons having GST registration and a turnover of fewer than Rs.5…

GSTR-1 Due Date Extended 2020

GSTR-1 Due Date Extended 2020 Update for Filing GSTR-1 in 2020 Due to the impact of the Corona Virus worldwide, many people across the world stay in lockdown period to support the Governments' measure to curb the Corona Virus. To…

GSTR-1 Return Due Date – More than 1.5 Crore Turnover

GSTR-1 Return Due Date - More than 1.5 Crore Turnover As per the latest notification from the Ministry of Finance, the due date for submitting Form GSTR-1 for the two quarters, October 2019 to December 2019 and January 2020 to…