While GSTR-3B is a one-page simplified form, GSTR-1 requires B2B businesses to upload all invoices generated during the month before filing the return. Only 40 lakh or 62% of eligible taxpayers under ...

Now, more than 12 lakh Goods & Services Tax (GST) assessees, with NIL returns can file GSTR-1 form using SMS (Short Messaging Service). NIL return means that the assessee did not make any outward ...

Traders and suppliers are studying new tax implications of GST (Representational image) GST has finally become a reality. For seamless migration to GST, the Central Board of Excise and Customs has ...

The Central Board of Direct Taxes (CBIC) has extended the deadline to file monthly GST return using GSTR-1 and GSTR-3B form, both by 2 days each. The deadline for those who are filing monthly GSTR-1 ...

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 ...

GST or goods and services tax finally became a reality on July 1. In the run-up to the mega launch of GST, while various departments of the government worked to provide a seamless transition to the ...

The Finance Ministry on Monday extended the last date for filing final sales return GSTR-1 for July 2017 to September 2018 period till October 31 and also waived the late fee for the delayed filing of ...

The finance ministry has notified the GSTR-1A form which will give an option to taxpayers to amend outward supply or sales return form. Last month, the GST Council had recommended providing a new ...