Goods and Services Tax : The article explains how IMS makes accepted invoice records the basis for ITC eligibility, strengthening compliance, fraud detecti...
Goods and Services Tax : The article explains how the GSTAT held that a mere mismatch between GSTR-1 and GSTR-3B is insufficient to invoke Section 74 witho...
Goods and Services Tax : GSTAT held that a mere mismatch between GSTR-1 and GSTR-3B does not automatically establish tax evasion or justify proceedings und...
Goods and Services Tax : The issue concerns confusion regarding the purpose and sequencing of GSTR-1 and GSTR-3B filings. The key takeaway is that GSTR-1 s...
Goods and Services Tax : ICAI clarified that ITC wrongly reversed under Table 4(B)(1) instead of Table 4(B)(2) can still be reclaimed within statutory time...
Goods and Services Tax : The Government introduced reforms such as e-invoicing and auto-population of data in GST returns. These measures improve accuracy,...
Goods and Services Tax : ICAI writes to CBIC requesting a one-week extension for the September 2025 GSTR-3B due date, citing the Diwali festival period and...
Goods and Services Tax : Important change in Table 6 of GSTR-9 for FY 24-25 - Taxpayers can now report ITC of previous financial year that was claimed in ...
Goods and Services Tax : BCAS requests extension of GSTR-3B filing and payment deadline for Sep 2025, arguing the original date of Oct 20 coincides with Di...
Goods and Services Tax : Due to severe floods in Maharashtra, MCTC has requested a three-day extension for the GSTR-3B filing deadline, citing hardships fa...
Goods and Services Tax : The assessment was based on four discrepancies: reconciliation issues between GSTR-1 and GSTR-3B, input tax credit (ITC) mismatch ...
Goods and Services Tax : The Karnataka High Court ruled that ITC for FY 2018-19 cannot be denied merely because import and SEZ transactions were absent fro...
Goods and Services Tax : The Madras High Court remanded an ex parte assessment arising from a GSTR-3B and GSTR-2A mismatch after finding that the assessee ...
Goods and Services Tax : The Karnataka High Court quashed ex-parte GST adjudication orders after the taxpayer claimed it could explain discrepancies betwee...
Goods and Services Tax : Gauhati High Court rules GSTR-1 vs GSTR-3B mismatch from clerical errors cannot trigger automatic tax recovery without Rule 88C pr...
Goods and Services Tax : CBIC extends due date for filing March 2026 GSTR-3B to April 21, 2026, for registered persons under Section 39 of the CGST Act....
Goods and Services Tax : GSTN clarified that system-calculated interest for February 2026 was incorrectly reflected in March returns due to a technical iss...
Goods and Services Tax : GST Portal revises interest computation in GSTR-3B, factoring minimum cash ledger balance and auto-populating non-editable interes...
Goods and Services Tax : GST Network has issued an advisory introducing significant system enhancements in GSTR-3B beginning with the January 2026 tax peri...
Goods and Services Tax : The advisory clarifies that from November 2025, auto-populated values in Table 3.2 of GSTR-3B cannot be manually edited. Any corre...
Understand the operational impact of changes in reporting Input Tax Credit (ITC) in GSTR–3B. Explore the amendments in Table 4(B) and 4(D) that affect ITC reversal, reporting ineligible ITC, and more. Stay compliant with the latest GST regulations.
Stay updated with the changes to keep in mind while filing GSTR-3B from Aug-22 onwards. Learn about the revised reporting requirements for ITC availed and reversal.
अगस्त 2022 माह में GSTR-3B रिटर्न में जीएसटी अन्य परिवर्तनों के साथ सबसे महत्वपूर्ण परिवर्तन जीएसटी कानून की धारा 17 (5) में प्रतिबंधित इनपुट क्रेडिट के सम्बन्ध में हुआ है. आइये देखें कि यह परिवर्तन क्या है और आपको इसका पालन किस प्रकार से करना है. अभी तक होता यह था कि धारा 17 (5) […]
Understanding the new changes in GSTR3B and the challenges they pose for August returns. Stay updated with the latest updates from CBIC & GSTN.
Taxpayers advised to report ITC availment, reversal of ITC and ineligible ITC correctly as per Table 4 f GSTR-3B at GST Portal for the GSTR-3B
Section 16 of CGST Act, 2017 prescribes the eligibility and conditions for claiming input tax credit. S. 16(1) entitles every registered person to take credit input tax credit, subject to section 49, on both goods and services used in the furtherance of his business.
Earlier, restaurant was liable to pay GST on their restaurant services but, w.e.f January 01, 2022, GST on restaurant services supplied through the ECO viz. Zomato and Swiggy, etc., is to be paid by the ECO in cash at the rate of 5% and no Input Tax Credit
Learn about the new Table 3.1.1 in FORM GSTR-3B and how it affects reporting for electronic commerce operators.
It is now mandatory to furnish Credit & Debit notes, Amendment separately for taxable B2B supply, zero-rated supply/SEZ supply on payment of tax and nil-rate supply, separately.
Stay informed on proposed changes in GST returns for enhanced taxpayer convenience. Explore new tables in GSTR 3B, mandatory reporting of supplies, HSN code implementation, and changes in ITC disclosure. Get insights into reporting supplies to unregistered persons and composition dealers. Understand the revised format for disclosing eligible ITC, reversals, and reporting ineligible ITC. Stay compliant with the latest updates from CBIC.
