Post by: poonamgandhi in GST GST in India
Form DRC-01B – Online compliance covering liability/ difference in GSTR-1 and GSTR-3B Recently, on 29th June 2023, an advisory was furnished by GSTN. As per the advisory, new functionality was enabled on the GST portal. The new functionality lets the…
Post by: poonamgandhi in GST GST in India
Important changes notified from 1st October 2022 under GST Vide the following two important notifications, various changes are notified and made effective from 1st October 2022 – Notification number and date effective Effective changes 17/2022- Central Tax dated 1st August…
Post by: Renu Suresh in GST
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…
Post by: Renu Suresh in GST
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…
Post by: poonamgandhi in GST GST in India
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…
Post by: poonamgandhi in GST GST in India Legal News
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…
Post by: Renu Suresh in GST
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.…
Post by: Renu Suresh in GST
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 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…
Post by: Athreya in GST GST in India
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…
