1. Taxpayers have now been provided the facility to view/download Electronic cash or Credit ledgers for a period of 12 months. Earlier, the ledgers were allowed to be downloaded for a period of 6 months only. The ledgers can be downloaded in both Excel and Pdf formats.

2. Up-to 6 preferred banks will be shown to a taxpayer while making e-Payment on GST Portal. When a taxpayer makes the first payment, the GST portal will automatically add the selected bank and it will get updated in the Preferred Banks list. Taxpayer can delete any of the preferred banks at any point of time.

Word of GST spelled with colorful wooden alphabet blocks

3. Taxpayers can now easily Import the E-way Bill data using the “Import EWB Data” tab available on GST Portal on the Form GSTR-1 page –

♦ 4A, 4B, 4C, 6B, 6C – B2B invoices

♦ 5A, 5B – B2C (Large) invoices

♦ 12 – HSN wise summary of outward supplies.

4. Now QRMP taxpayers can file NIL Returns through SMS.

Nil filing of Form GSTR-1 (Qtrly) through SMS has been enabled for taxpayers under QRMP Scheme. They can now file it by sending a message in specified format to 14409.

The format of the message is < NIL > space < Return Type (R1) > space< GSTIN > space < Return Period (mmyyyy) >

Example: NIL R1 07XXXXX1234H8Z6 062020 (where return period must be last month of the quarter

However, NIL filing through SMS can’t be done in following scenarios:

    • If IFF for Month 1 or 2 of a quarter is in Submitted stage, but not Filed.
    • If invoices are Saved in IFF for Month 1 or 2 of a quarter, which was not submitted or filed by due date.

Source- https://icmai.in/

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September 2021