In addition to these 4 changes listed above, the GSTN has strived to make the process easier, by providing detailed user manuals with the step-by-step method of the GSTR 3B return filing process, which can now be used by businesses in case of any doubt or query. The latest release of...
New ITC Changes:ITC can be claimed only if the invoice is present in GSTR 2B of the recipient. And, the invoice is available in GSTR 2B of the recipient only if GSTR 1 is filed by the supplier. GSTR 1 can be filed by the supplier only if GSTR 3B of previous months are filed....
A compendium of all the changes in GST Due dates for various GST Returns - GSTR 1, GSTR 3B, GSTR 9, GSTR 6, GSTR 7, GSTR 8, ITC 04 etc
As mentioned before earlier, the tax procedure and return work were cumbersome. With the GSTN-3B application, the GSTN has simplified the process and made it user-friendly. After giving due attention to the problems faced by the general public, several changes and modifications of filing were ...
New Delhi. Respected Madam, Recently introduced amendment allowing credit in GSTR 3B only as appears in 2B While we welcome changes in GST to plug in holes which are used by unscrupulous elements for Tax evasion, we would at the same time, request you to please keep in view the hardships...
Annual Return Late Fees:For yearly returns like GSTR-9 and GSTR-9C, the late fee is capped at 0.25% of your turnover in your state or UT unless the government provides relief or changes the fees. How do you file the GST returns?
Once the form is submitted, the added data is frozen and no changes can then be made to Form GSTR-3B. The ITC and Liability ledger also gets updated on submission. The status of the GSTR-3B is changed to “submitted.” Submit the Form GSTR-3B ...
4. GSTN will focus on the development of a New Return Filing, further improving the user interface, and Business Intelligence and Analytics. While the New Return is yet to be notified, GSTN has started development of the components in which major changes are not expe...
Get yourself updated by knowing changes in GSTR 9 & GSTR 9C form while GST audit in FY 2019-20. Also, we have covered last year's comparison for easy understanding.
this instruction was not amended when para 4 was included in the instructions. Earlier the annual return was envisaged to represent the compilation of the GST returns filed without allowing any changes to the same. Therefore, this instruction now seems redundant, and considering various interpretations...