Credit and Finance for MSMEs: The fraudulent Input Tax Credit (ITC) claims have been on the rise, especially with the uncovering of many fake firms which were set up to issue fake invoices. This may ...

A regular business usually needs to file three returns – GSTR-1 and GSTR-3B monthly and GSTR-9 annually. GSTR-1 is a monthly statement of outward supplies to be furnished by taxpayers for supplying ...

Opinions expressed by Entrepreneur contributors are their own. GSTR-3B is a self-declared summary return in which taxpayers must report the summary figures of sales, Inputs Tax Credit (ITC) claimed, ...

In a significant compliance shift under the Goods and Services Tax regime, the GST Network (GSTN) on Saturday announced that the monthly GST payment form GSTR-3B will become non-editable from the July ...

The GST Council in its meeting last month recommended that the changes in GSTR-3B or monthly tax payment form be placed in public domain for seeking inputs and suggestions of the stakeholders.

The deadline for filing GSTR 3B has now been extended by one day to November 21, 2024 for GST registered taxpayers who have their ‘principal place of business’ in poll bound states of Maharashtra and ...

GST Network (GSTN) on Saturday said the monthly GST payment form GSTR-3B will become non-editable from the July 2025 tax period. In an advisory, GSTN said taxpayers can make changes in declared ...

Also, the taxpayers’ professional expenses on return filing would get reduced significantly for they would be required to file just half the number of returns in place of 16 at present Goods and ...

The Gujarat High Court has come down heavily on the GST Authority stating that the habit of raising technical issues by the Authority is leading to ‘unnecessary litigations’. The petitioner, Deepak ...

The Centre has extended the due date for filing April GSTR-3B as taxpayers faced technical glitch on the GST portal. "The due date for filing FORM GSTR-3B for the month of April, 2022 has been ...