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 ...
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 ...
Business can file their returns quarterly if their turnover is less than Rs 5 crore. Ease of doing business for MSMEs: Filing Goods and Services Tax (GST) returns, in order to declare the income ...
The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive.
Small businesses with turnover up to Rs 2 crore are exempt from filing GST annual returns starting FY 2024-25, offering relief from compliance burdens and associated costs. While simplifying processes ...
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 ...
The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday said that the due date for filing form GST return-3B for the month of April 2022 has been extended till 24 May. The due date for ...
New Delhi: The government has extended the due date for filing GST annual return and a reconciliation statement for FY21 by two months, as per an official order. Central Board of Indirect Taxes and ...