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 ...
GST return: Starting in early 2025, GST taxpayers will no longer be able to file monthly and annual GST returns three years after the original filing due date. According to an advisory from the Goods ...
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 ...
While compliance and collections have increased steadily, handling GST return filing complexities might appear overwhelming to some businesses. But with a straightforward method consisting of simple ...
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 ...