Tax experts fear that the invoice matching could be affected, leading to blockage of input tax credits due to 19 lakh taxpayers who failed to file GSTR-1. (IE) Only 46 lakh or 71% of those payers ...
After Form-3B, the last date to file another form is tomorrow. The new tax regime Goods and Service Tax (GST) has made it mandatory to file 37 returns every year. Considering the filing GST return as ...
GST Portal enables Rule 14A withdrawal option after GSTR-1 blocking under 3-day registration rule. Taxpayers can now initiate corrective action ...
The Tribunal held that mere return mismatch cannot trigger Section 74 without proof of fraud or suppression. Penal proceedings require clear evidence of intent to evade ...
The deadline for filing GST returns for the month of July that ended at midnight Tuesday saw only 40 lakh of the 65 lakh, or 62 per cent eligible taxpayers comply. As of 10 am on October 10, 25 lakh ...
Earlier, the government appointed the former Planning Commission Member as head of the 15th Finance Commission. In a massive bonanza, the GST Council on November 10 made a slew of recommendations in ...
"GST portal is currently experiencing technical issues and is under maintenance. We expect the portal to be operational by 12:00 noon. CBIC is being sent an incident report to consider extension in ...
GST Network (GSTN) said in a statement that as many as 45,99,113 taxpayers have filed their sales return or GSTR-1 for July till October 10, the last date for filing the return form. More than 45.99 ...
Businesses with turnover of up to Rs 1.5 crore will have to file GSTR-1 for July-September by January 10, 2018, as against December 31, 2017 earlier. This facility, instituted as per a decision of the ...