GST Compliance and Statutory due dates for the month of April, 2021
The new Financial year 2021-22 has begun and being the first month of the financial year, April 2021 is a significant month from the point of view of the tax compliance and other statutory due
Know changes related to QRMP Scheme implemented on GST Portal for the Taxpayers
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
No Relaxation during Interim Period: GSTN Started Levying Late Fee for late Filing of GST Return
Despite the press release of the Finance Ministry that the Government will not charge any late fee or penalty for late filing of GST returns during the interim period, tax payers reported that the Goods
GST Registrations of 6,483 Struck Down in Haryana
In a drive commenced on 5th April 2022, the Excise and Taxation Department, Government of Haryana cancelled the GST registrations of those taxpayers who had not filed their Returns (GSTR-3B for Normal taxpayers and CMP-08
CBIC enables Auto-drafted Input Tax Credit statement GSTR-2B for July
The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the auto-drafted Input Tax Credit ( ITC ) statement GSTR-2B  for the month of July. The GST Council, in its 39th meeting held
GSTN Advisories have No Binding Nature: CBIC Replies to RTI regarding Interim Solution for Incomplete GSTR-2B [Read RTI Response]
The Central Board of Indirect Taxes (CBIC) has clarified that the Goods and Services Tax Network (GSTN) has the power to issue advisories that are suggestive in nature and the same cannot be binding on
GST: CBEC Clarifies Export Refund Issues [Read Circular]
The Central Board of Excise and Customs (CBEC) today clarified certain issues relating to the export refund under GST. A circular issued by the Board, in this regard, deals with issues such as non-availment of
8000 Fake GST ITC Claim Cases: DGGI to send Notices to Entities
The Directorate General of GST Intelligence (DGGI) has detected 8000 fake GST Input Tax Credit (ITC) claim cases with the help of GSTR 3B and GSTR 2A. The DGGI official has informed that the notices
GST Council revises Due date of Furnishing quarterly GSTR-1 by quarterly taxpayers to 13th of month succeeding quarter
The 42nd GST Council has decided to revise the Due date of furnishing quarterly GSTR-1 by quarterly taxpayers to be revised to 13th of the month succeeding the quarter w.e.f. January 1st, 2020. Roadmap for auto-generation
CBIC notifies Form and manner of furnishing of return: Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020 [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) notified the Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020 which seeks to amend the Central Goods and Services Tax Rules, 2017. The notification prescribed
GSTN enables new Option of Search Tax Payer details in GST Portal
The Goods and Service Tax Networks (GSTN) has added the new Option of Search Tax Payer details in the GST Portal. You can now search for Taxpayer details by entering the GSTIN OR UIN. The
Tax for which ITC is claimed Reflected in Form GSTR 2A: Kerala HC quashes Assessment Order [Read Order]
The Kerala High Court quashed assessment order on reflection of tax for which Input Tax Credit (ITC) was claimed in the Form GSTR2A. The instant writ petition has been filed impugning the assessment order and
Audit, Inspection or Investigation, SCN, GST Annual Return, Reconciliation Statement, Scrutiny, Intimation of Tax ascertained through FORM GST DRC- 01A: CBIC [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has notified the amendments in FORM GST DRC- 01A. The Board has notified the Central Goods and Services Tax (Ninth Amendment) Rules, 2021, which seeks to
Taxpayers can Reverse Wrongly Availed CENVAT Credit and Inadmissible Transitional Credit: CBIC [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC), while clarifying the process of recovery of arrears of wrongly availed CENVAT credit under the existing law and CENVAT credit wrongly carried forward as transitional credit
Not only Chartered Accountants, Cost Accountants can also Certify IGST Refund Claims: CBIC [Read Circular]
In a recent circular, the Central Board of Indirect Taxes and Customs ( CBIC ) has authorized the Cost Accountants to certify the ‘IGST Refund Claims’ of Exporters whose records were not transmitted from GSTN to