Changes in GSTR-3B for Reporting Supplies notified u/s 9(5)

New Table inserted in GSTR-3B for Reporting Supplies notified u/s 9(5) The Goods and Services Tax Network (GSTN) has issued an Advisory informing that a new table 3.1.1 is being added in GSTR-3B where both ECOs and registered persons can…

CBIC issued Notifications to implement recommendations of the 47th GST Council meeting

CBIC issued Notifications to Implement Recommendations of the 47th GST Council meeting The Central Board of Indirect Taxes and Customs (CBIC) issued six new CGST notifications on 5th July 2022 giving effect to the recommendations of the 47th GST Council…

New rule 88B concerning interest provisions under GST

New rule 88B concerning interest provisions under GST Applicability of interest has been under controversy since the inception of Goods and Services Tax (GST). There has been a constant tug of war going on between the department and the taxpayer…

Scrutiny of GST returns and Parameters thereof as per SOP

Scrutiny of GST returns and Parameters thereof as per SOP Recently, the Central Board of Indirect Taxes and Customs, vide instruction no. 02/2022-GST dated 22nd March 2022, has come up with the Standard Operating Procedure (SOP) to be followed for…

Interest calculator in GSTR-3B

Interest calculator in GSTR-3B To ease up the return filing process under GST, The Goods and Services Tax Network is planning to release interest calculator functionality in monthly tax payment form GSTR-3B to help taxpayers in calculating interest for delayed tax payment.…

New GSTR-3B Return Due Dates – COVID 19

New GSTR-3B Return Due Dates – COVID 19 To provide relief to businesses grappling with the economic impact of COVID-19, Central Board of Indirect Taxes and Customs (CBIC) has changed GSTR-3B Return due dates in 2020. The dates have been…

New GSTR-3B Return Due Dates

New GSTR-3B Return Due Dates On 22nd January 2020, the Ministry of Finance (MOF) announced the dates for staggered filing of GSTR-3B upon receiving feedback from the trade and industry taxpayers. The dates have been revised to ease the process…

GST eWay Bill Portal Blocked

GST eWay Bill Portal Blocked The Government of India has introduced a restriction on the generation of e-way bills. The restriction applies to assessees who have defaulted in filing GSTR-3B for two months. With effect from 01.12.2019, assessees who have…

GSTR-3B Penalty Waived

GSTR-3B Penalty Waived To improve ease of compliance and to help taxpayer adapt to the new GST regime, the Government has announced waiver of penalty for GSTR-3B return. The announcement was made on 24th October 2017 by the Hon'ble Finance…

How to File GSTR 3B Return

How to File GSTR 3B GSTR 3B Return must be filed all persons having GST registration before 20th August and 20th September. Once GSTR 3B returns are filed in August and September, the normal filing of GSTR-1, GSTR-2 and GSTR-3 will…