Goods and Services Tax : The government has introduced mandatory reporting of Harmonized System of Nomenclature (HSN) codes in Table-12 of GSTR-1 to enhanc...
CA, CS, CMA : Check the December 2024 due date calendar for various tax and compliance obligations, including GST, Income Tax, ESI, and Providen...
Goods and Services Tax : Learn about the 55th GST Council recommendations on credit notes, amendments to CGST laws, and their impact on suppliers and recip...
Goods and Services Tax : From January 2025, reporting HSN codes in GSTR-1/1A Table 12 is mandatory. Key changes include auto-populated descriptions, dropdo...
Goods and Services Tax : Explore Section 61 of CGST Act, covering scrutiny of GST returns, officer's authority, taxpayer obligations, and implications for ...
Goods and Services Tax : CBIC detected Rs. 36,374 crore worth of fake ITC in FY 2023-24 involving 9,190 cases. Key measures and data on ITC fraud detection...
Goods and Services Tax : Explore the impact of the 53rd GST Council Meeting recommendations, including waivers on interest and penalties under Section 73, ...
Goods and Services Tax : GSTR-1A allows taxpayers to promptly rectify any errors or omissions in their GSTR-1 submissions within the same period. This feat...
Goods and Services Tax : Stay updated with the latest GST advisory on GSTR-1/IFF: Introduction of Tables 14A and 15A. Learn about amendments for e-commerce...
Goods and Services Tax : Explore how the Ministry of Finance unearthed Rs. 44,000 crore bogus input tax credit claims in GST. Details of measures taken to ...
Goods and Services Tax : Gujarat High Court quashes ₹1.63 Cr GST demand, ruling SEZ to DTA supply as import. Proper adjudication required for tax assessm...
Goods and Services Tax : Andhra Pradesh HC rules cancellation of GST registration without personal hearing is illegal, directing the government to reconsid...
Goods and Services Tax : Madras High Court held that due to non-compliance against notice issued in DRC-01A, the petitioner is directed to deposit 25% of t...
Goods and Services Tax : Madras High Court held that due to non-compliance with notice issued under GST, the petitioner is required to deposit 25% of dispu...
Goods and Services Tax : Madras High Court held that order confirming demand due to mismatch between returns under GST set aside with condition to deposit ...
Goods and Services Tax : Draft GSTR-2B for December 2024 (Oct-Dec 2024 quarter) will be generated on January 16, 2025, following extended return filing dea...
Goods and Services Tax : The GST filing deadline for outward supplies in FORM GSTR-1 for December 2024 is extended to January 13, 2025, and for Q3 2024 to ...
Goods and Services Tax : The Supplier View functionality in GST IMS allows suppliers to track actions taken by recipients on invoices, ensuring better tr...
Goods and Services Tax : GSTN issues advisory on the new Invoice Management System (IMS) for accepting or rejecting supplier invoices, impacting GSTR-2B an...
Goods and Services Tax : GST introduces Invoice Management System (IMS) from October 2024, enabling taxpayers to manage and rectify invoices for accurate I...
The next GST Council meeting is scheduled for 14 March, 2020 at New Delhi. It will, inter alia, take up the issue of compensation to states in the backdrop of revenue shortfall. States are already concerned over delayed release of compensation cess to them. Meanwhile, centre has already released a total of Rs. 1.20 lakh […]
Tax Bar Association Jodhpur (Rajasthan) has made a Representation against Technical Glitches faced at GST Portal and Request for Extension of Due Date for GSTR 1 and GSTR 9/ GSTR 9C for Financial Year 2017-18. Tax Bar Association Jodhpur (Rajasthan) Date: 11/02/2020 To, The Commissioner, CGST, Central Goods And Services Tax, Jodhpur Hon’ble Sir, Greetings […]
The restriction of availment of ITC is imposed only in respect of those invoices /debit notes, details of which are required to be uploaded by the suppliers under sub-section (1) of section 37 and which have not been uploaded.
CBIC clarifies on Twitter that News of Extension of Due Date of GSTR-1 and GSTR-3B is Fake. Claim: Central Board of Indirect Taxes and Customs (CBIC) has further extended the GSTR-1 late fee waiver scheme to Jan 31, 2020. Reality: This is Fake News. The scheme ended on Jan 17, 2020 and has not been […]
CBCI has clarified on its Twitter handle that FORM GSTR-1 late fee waiver scheme has ended on 17th January 2020 and No further extension has been given. CBIC further clarified that a A fake tweet in this regard has been circulating in social media in which it is said that due date is been extended […]
There is a confusion on calculation of Late fees on GSTR-1 for the pending returns which are still not filed up to 10th of Jan. 2020 and question is asked about calculation of Late fees on GSTR-1 which will be filed after 10th Jan 2020. The Notification No. 4/2018–Central Tax Dated 23rd January 2018 is […]
There has been extension in period of the one-time amnesty scheme to 17th January 2020, between which GSTR-1 returns filled by taxpayers for the period starting from July 2017 to November 2019, would be subject to no late fees liability. Late fee payable under section 47 of the CGST Act was waived for the registered […]
Dear Readers, in my last article, I have tried to focus on an in-depth analysis of Notification No. 74/2019 – Central Tax & Notification No. 75/2019 – Central Tax issued by the GST Department. In today’s article, we are discussing FAQ’s and consequences of not Filing of pending GSTR-1 before 10th January 2020. Now, GST […]
GSTR-1 is a monthly or quarterly return that should be filed by every registered dealer. It contains details of all outward supplies i.e. sales. Let’s understand it in detail. Article explains Persons liable to furnish the details of outward supply [Section 37(1)], Form for submission of details of outward supplies [Section 37(1)], Due date of […]
Notification No. 75/2019–Central Tax Dated: 26th December, 2019 Blocking of E-way Bills for non-furnishing of GSTR-1 With effect from the 11th January, 2020, in rule 138E, after clause (b), the following clause shall be inserted, namely:- “(c) being a person other than a person specified in clause (a), has not furnished the statement of outward […]
