Goods and Services Tax : In every taxation system the liability of tax payable by a person has to be determined and assessed. The GST law provides for vari...
Goods and Services Tax : Stay ahead with our comprehensive guide on Financial Year End GST Checkpoints for 2024. Dont miss critical compliances and avoid p...
Goods and Services Tax : Ensure a smooth transition to the new financial year by completing crucial GST tasks. Learn about reconciliations, ITC, RCM, refun...
Goods and Services Tax : Explore the benefits of GST Quarterly Return Filing for small businesses. Learn about reduced compliance burden, financial plannin...
Goods and Services Tax : Understand the Form GSTR-3B Return Filing Procedure for Normal Taxpayers, including how to login, navigate to Form GSTR-3B and dec...
Goods and Services Tax : Explore the case of Pradeep Kanthed v. Union of India where the Supreme Court issues notice to the Finance Ministry regarding the ...
Goods and Services Tax : CBIC rolls out Automated Return Scrutiny Module for GST returns in ACES-GST backend application for Central Tax Officers During th...
Goods and Services Tax : Sh. Milan Tiwari, Inspector of Chennai GST Zone had developed a Web-Application named as GST Doctor which is useful for efficient ...
Goods and Services Tax : All India Federation of Tax Practitioners requested Finance Minister to extend dates of compliances for the month of March, 2021 u...
Goods and Services Tax : Attention GST Taxpayers whose Aggregate Annual Turnover for the FY 19-20 is more than Rs. 5 crore! File your Annual Return along w...
Goods and Services Tax : Read about the Bihar High Court's decision confirming the cancellation of GST registration due to non-filing of returns and the pe...
Income Tax : Ajit Kumar Khan Vs DCIT case at ITAT Ranchi clarifies that late filing fees for GST returns cannot be added summarily through inti...
Goods and Services Tax : HC held that it is not the object of GST law to curtail right of the assessee to carry out business. Further restored GST registr...
Income Tax : ITAT Chennai held that a small delay of 9 days in filing of an appeal condoned on the basis of reasonable cause as Chartered Accou...
Income Tax : Madras High Court directed the petitioner to file the pending GST returns thereafter the GST registration cancelled, on account of...
Goods and Services Tax : Advisory for Timely Filing of GST Returns 1. It has been observed that some taxpayers faced difficulty in filing GSTR-3B of March ...
Goods and Services Tax : CBIC reduces Annual Return Late Fee as follows vide Notification No. 07/2023–Central Tax Dated: 31st March, 2023 – A. for...
Goods and Services Tax : CBIC notifies Amnesty scheme registered persons in whose cases assessment u/s 62 of CGST Act has been done on or before 28.02.2023...
Goods and Services Tax : The Section 53 of CGST Act/RGST Act and Section 17, 18 of the IGST Act read with the Goods and Services Tax Settlement of Funds Ru...
Goods and Services Tax : With a view towards enhancing compliance through effective & standardized scrutiny of GST returns, the Board has been working towa...
Taxpayers may opt for multiple registrations within a State/Union territory in respect of multiple places of business located within the same State/Union territory. Mandatory registration is required for only those e-commerce operators who are required to collect tax at source.
It was recommended to extend the due date of furnishing of FORM GSTR-9, FORM GSTR-9A, and FORM GSTR-9C due to difficulties being faced by taxpayers in furnishing the annual returns till 31.08.2019. Official notification would be released soon. This recommendation was much needed by the trade and industry.
Issues in GST Annual Return GSTR-9/9A and Reconciliation GSTR-9C requiring your urgent attention and corrective actions. People are facing grave problem in practically implementing the requirements in GSTR-9, 9A & 9C. We urge you to consider and clarify the following issues which are arising at the time of preparing and filing Annual Return in Form […]
In this article we are discussing some important points which will help you in filing of Annual Return under GST Act which are prescribed in following notifications:-
AAP And Co. Vs Union of India (Gujarat High Court) The writ-application has been filed seeking quashing and setting aside of the press release dated 18th October 2018 to the extent that its para 3 purports to clarify that the last date for availing the input tax credit relating to the invoices issued during the […]
Introduction of GSTR 9 All the entities having GST registration as regular taxpayers are required to file annual return in form GSTR 9 for the financial year 2017-18 irrespective of their turnover during the return period. Hence an entity having no transaction during the year is also required to file GSTR 9. A registered taxpayer […]
One of the forms taxpayers need to keep track of is annual returns (GSTR-9) under Goods and Services Tax (GST) system. This form is required to be filed once every year by registered taxpayers such as businesses. The due date for filing GSTR-9 for FY 2019 is set as June 30, 2019. While the Government […]
The last date for filing of Annual return in FORM GSTR-9 for F.Y. 2017-18 is 31st August 2019. Please note Form GSTR 9 once filed cannot be revised. During the preparing the GSTR9 with the help of completed reconciliation, many issues have been raised by professional as well as taxpayers. In this respect I have […]
ICAI has made a Request for extension of Last Date for filing of Annual returns in Form GSTR 9 and GSTR 9A alongwith GST Audit Certificate in GSTR 9C from June 30, 2019 to October 31, 2019 to Smt. Nirmala Sitharaman, Hon’ble Union Minister for Finance and Corporate Affairs & Chairperson, GST Council ICAI/IDTC/2019-20/REP/6 19th June, 2019 Smt. Nirmala Sitharaman Hon’ble Union […]
Requesting extension of filing of Annual Forms GSTR-9, GSTR-9A and GSTR-9C for a reasonable period of time to give justice to the correctness of returns considering the need for reconciliations state-wise.
