Goods and Services Tax : GST reconciliation requires matching GSTR-1, GSTR-3B, and Books of Account to detect errors in output tax and ITC claims. Identify...
Goods and Services Tax : A practical guide to ensuring Bill of Entry data flows correctly from ICEGATE to GSTR-2B. Proper verification prevents ITC blockag...
Goods and Services Tax : The High Court ruled that GST authorities must mandatorily apply Circular No. 183/15/2022-GST before disallowing ITC due to return...
Goods and Services Tax : Introduction: The Death of the Month-End Rush For nearly half a decade, the 14th of every month has been a day of reckoning for In...
Goods and Services Tax : Learn why GSTR-2B, 2A, and books differ, how mismatches occur, and the steps founders must take to claim ITC correctly and stay au...
Goods and Services Tax : GSTN alerts taxpayers about duplicate invoices in GSTR-2B for September and October 2024. Resolution is underway; QRMP taxpayers a...
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 : AGFTC & ITBA highlight issues with GST portal downtime on 10th and 11th April 2024, urging prompt action from authorities....
Goods and Services Tax : Explore latest GSTN advisory on DRC-01C compliance for managing input tax credit discrepancies in GSTR-2B and GSTR-3B. Learn the r...
Goods and Services Tax : It may be noted that, the Input Tax Credit (ITC) gets auto populated in GSTR3B from GSTR2B only if the taxpayer has not saved any ...
Goods and Services Tax : Allahabad HC dismisses plea in Laxmi Telecom Vs State of U.P., ruling alternative statutory remedies are available for GST dispute...
Goods and Services Tax : During the scrutiny of the petitioner's monthly return, it was found that there was a short payment of taxes due to excess claim o...
Goods and Services Tax : During the relevant period, the petitioner filed its return and paid the appropriate taxes. While scrutinizing the petitioner's mo...
Goods and Services Tax : Madras High Court held that ex-parte order passed under Section 73 of the Central Goods and Services Tax Act without affording ade...
Goods and Services Tax : Kerala High Court held that Section 149 of the Customs Act is an additional remedy available to the person who seek amendment of t...
Goods and Services Tax : Understand how to manage inadvertently rejected invoices, debit notes, and credit notes on IMS, including ITC claims for recipient...
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 : Understand scenarios where GSTR-2B is not generated for October 2024, including QRMP scheme details and filing prerequisites. Read...
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...
Understand the latest changes, reconciliations, and filing requirements for GSTR 9 & 9C for FY 2023-24, including key updates on ITC and tax liabilities.
During the relevant period, the petitioner filed its return and paid the appropriate taxes. While scrutinizing the petitioner’s monthly return, it was noticed that there was mismatch between GSTR-01 and GSTR-3B/GSTR-2A/2B.
Understand the impact of changes in Table 8A of GSTR-9 for FY 2023-24. Learn about ITC double-counting issues and solutions for accurate GST reconciliation.
Madras High Court held that ex-parte order passed under Section 73 of the Central Goods and Services Tax Act without affording adequate opportunity of being heard is in violation of principles of natural justice. Accordingly, order set aside.
GSTN issued multiple advisories in November 2024, including updates on e-Invoice reporting, IMS, TDS for scrap dealers, and waiver schemes.
Understand scenarios where GSTR-2B is not generated for October 2024, including QRMP scheme details and filing prerequisites. Read the GST advisory for insights.
GSTN alerts taxpayers about duplicate invoices in GSTR-2B for September and October 2024. Resolution is underway; QRMP taxpayers advised to check GSTR-2A.
The Supplier View functionality in GST IMS allows suppliers to track actions taken by recipients on invoices, ensuring better transparency and accuracy.
GSTN issues advisory on the new Invoice Management System (IMS) for accepting or rejecting supplier invoices, impacting GSTR-2B and GSTR-3B auto-population.
Stay updated with GSTN’s October 2024 advisories, covering updates on EWB, IMS, GSTR forms, metal scrap transactions, and bank account validations for GST compliance.
