The deadline to file Goods and Services Tax (GST) annual returns for businesses has been extended by the government for FY 2020-21. The Central Board of Indirect Taxes & Customs (CBIC) said that "the ...
"Eighty per cent of the businesses will have to simply file total turnover detail in return because they are all B2C dealers or retailers. Return filing is very easy, people need not worry about ...
Under the current return filing system, GST registered businesses file summary sales return GSTR-3B every month and pay taxes. They also file monthly outward supply details in GSTR-1. In the new ...
The Goods and Services Tax (GST) Authority has come out with a draft new simplified return form, which it plans to formally rolled out in July. The authority on Wednesday made the new format for ...
Businesses will be able to use the new return filing forms under Goods and Services Tax (GST) on a trial basis for three months beginning July, the government said, spelling out the transition plan ...
GST Network on Wednesday released a demo tool for the new and simplified return filing form which will be launched sometime later in the year. The prototype available ...
In its first meeting under new Finance Minister Nirmala Sitharaman, the GST Council has extended the deadline for filing annual returns by two months. The all-powerful council decided to extend the ...
In a significant move towards taxpayer facilitation, the Government recently allowed the filing of NIL GST monthly return in FORM GSTR-3B through SMS. Now, these taxpayers with NIL liability need not ...