Gst Return Filing
Finance ministry asks businesses to avoid last minute rush in GST return filing
The deadline for filing annual return for the first year of GST rollout was extended till 30 JuneLast minute GST return filings by a large number of businesses and merchants had led to glitches in the GSTN portal in 2017
1 min read4 Jun 2019September GST returns filing date extended by 5 days to 25 October
The CBIC, under the Finance Ministry, said trade and industry had expressed apprehension relating to 20 October due date for claiming ITC under GST for July 2017-March 2018
1 min read21 Oct 2018September last month to fix GST filing errors, claim credit for FY18
If a taxpayer forgets to claim input tax credit for an invoice pertaining to 2017-18, the time limit for availing it is the due date for the September 2018 GST returns
1 min read10 Sep 2018Govt notifies GSTR 9, GSTR 9C annual returns forms to curb tax evasion
The GSTR 9 and GSTR 9C annual returns forms will facilitate matching of input tax credits by tax authorities,thereby curbing tax evasion
1 min read4 Sep 2018GST collections inch up in July to ₹ 96,483 crore on e-way bill usage
About 6.6 million GST returns (referred to as GSTR 3B) have been filed up to 31 July compared to 6.46 million GST returns filed in June
1 min read1 Aug 2018GST rates cut: From refrigerator to washing machine, 88 items to get cheaper
Refrigerator, washing machine, small screen TV, storage water heaters, paints and varnishes, will attract 18% GST as against 28% at present, while sanitary napkins have been exempted from the levy
3 min read22 Jul 2018Rs2,000 crore GST evasion unearthed in 2 months
Alike small businesses who are making mistakes while filing GST returns, multinationals and big corporates too have slip-ups
1 min read27 Jun 2018GST amendments in Monsoon Session to make returns simpler
The proposed GST changes will do away with filing returns under GSTR2 and GSTR3, modify the composition scheme, and eliminate ambiguities in the laws
1 min read12 Jun 2018Taking forward the grand GST project
The complexity of the structure of goods and services tax structure has reduced the potential economic benefits
3 min read5 Jun 2018GST collection in May falls to Rs94,016 crore
GST collection in May are down from a record Rs1.03 trillion collected in April but higher than the monthly average of Rs89,885 crore in 2017-18
1 min read1 Jun 2018