New Functionalities in GST: The Goods and Service Tax Network has issued a list of new functionalities made available for Taxpayers on the GST Portal (December 2022). The new functionalities include topics like drop proceedings, recompute interest, validation duplicate checks and others. Registration Form/Functionalities: Automation of Drop Proceedings for taxpayers suspended upon issuance of SCN […]
GST Portal services will be unavailable: GST Return due dates are approaching but as per the latest running notification on the GST Portal that “GST Portal Services will be unavailable until 15th November 2022. Important fling dates on GST portal GSTR-3B (Oct, 2022)(Turnover Exceeding 5 Cr or opted to file Monthly Return) Nov 20th, 2022 […]
GSTN Advisory on sequential filing of GSTR-1: Sequential filing of GSTR-1 & filing of GSTR-1 before GSTR-3B on GST Portal. The Central Government has amended Section 37 & Section 39 of Central Goods & Service Tax Act (CGST), 2017 vide Notification No. 18/2022–Central Tax dated 28th September, 2022 with effect from 01 October, 2022. According […]
GSTN issued advisory to the Taxpayers are advised not to avail ITC on same invoice twice. On the GSTN website there is advisory that:- “Few taxpayers (recipients of supply) have reported that they have observed same invoice twice in GSTR 2B i.e. April and May,2022. Taxpayers are advised not to avail ITC on same invoice […]
GST-Due Date Extended | Reduction in the Rate of Interest & Waiver of Late Fee Ministry of Finance Government announces various relief measures for taxpayers under GST law in view of severe COVID-19 pandemic Posted On: 02 MAY 2021 3:15PM by PIB Delhi In view of the challenges faced by taxpayers in meeting the statutory […]