The issue concerns confusion regarding the purpose and sequencing of GSTR-1 and GSTR-3B filings. The key takeaway is that GSTR-1 should be filed first to ensure proper ITC flow and avoid ...
Missing GST return deadlines triggers late fees under Section 47 and interest under Section 50, both calculated separately. Understanding the applicable rates, caps, and filing sequence can help ...
GST New Rule From July 2025: The Goods and Services Tax Network (GSTN) has announced significant changes effective from the July 2025 tax period. Going forward, the monthly GST payment form GSTR-3B ...
Businesses may eventually have to file returns largely based on invoices uploaded by suppliers, with limited scope for manual changes.
The Goods and Services Tax Network (GSTN) says that they regret the technical difficulties experienced in GSTR-3B return filing yesterday. Many chartered accountants and advocates yesterday voiced ...