The Goods and Services Tax Network ( GSTN ) has issued Few important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers are as given below:A.Auto population of GSTR-3B liability from

The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Bangalore Bench allowed the refund of cenvat credit as the transition of refund amount merely inadvertent error, the same was made good by reversing credit into

In a major relief to the Bharat Aluminium Company Ltd. (BALCO), the Chhattisgarh High Court stayed order denying Input Tax Credit (ITC) due to mis-match in Form GSTR-3B with details in Form GSTR-2A. The assessee,

On the GST Portal, Form GSTR-2B is an auto-drafted ITC statement that will be displayed for every registered person on the basis of the information furnished by his suppliers in their respective GSTR-1, GSTR-5 (non-resident

The Goods and Service Tax Network (GSTN) notified the Module wise new functionalities deployed on the GST Portal for taxpayers. “Various new functionalities are implemented on the GST Portal, from time to time, for GST

The Input Tax Credit (ITC) under the Goods and Service Tax Regime plays a vital role for a business that, if mismanaged, may adversely affect its working capital. The GST law lays down elaborate rules

In line with the decisions taken in the 43rd GST Council meeting held on 28.05.2021, several notifications have been issued under GST, providing for various reliefs in terms of late fee, interest, etc.  The details

TDS and TCS credit received is a facility available after logging in to the GST portal. It can be filed by all the taxpayers who are making specified sales on the e-commerce platforms and/or entered

On the recommendation of the 43rd GST Council Meeting, the Finance Ministry has notified that the Companies must mandatorily file the return using electronic verification code (EVC) instead of Digital Signature form August 2021. The

As per the proposals made in  43rd GST Council meeting under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman via video conferencing on 28th May, 2021 via video conferencing, the Finance

The Central Board of Indirect Taxes and Customs ( CBIC ) has notified relaxation in Interest Rates on delayed filing of GSTR 3B Return. The GST Council, chaired by the Union Finance Minister and comprising

The Central Board of Indirect Taxes and Customs ( CBIC ) notified the Due Date Extension for GST Returns. GSTR-1 provides for the details of supplies made during the month, by the 11th day of

In a major relief to the businesses struggling with the second wave of coronavirus pandemic ravaging the country, the Central Board of Indirect Taxes and Customs (CBIC) has extended the due date for filing of GSTR-1with information

The word Amnesty is defined as “a pardon extended by the government to a group or class of people, usually for a political offense, the act of a sovereign power officially forgiving certain classes of

The 43rd GST Council on Friday took several key decisions including COVID related relief measures for taxpayers. In addition to the relief measures already provided to the taxpayers vide the notifications issued on May 1,