Scenario 2: Taxpayer collected GST payments from recipients but delayed remittance for over three months In such a situation, it is advisable to voluntarily pay a 15% penalty along with applicable ...

The Central Board of Indirect Taxes and Customs (CBIC) has announced an extension in the deadlines for filing GSTR-1 and GSTR-3B returns due to technical glitches affecting the GST portal.

The GST Network is currently addressing portal issues that hinder the filing of GSTR-1 returns with a planned resolution in progress. A possible extension of the filing deadline has been suggested.

The government has announced waiver of late fees for filing GSTR-9C for FY 2017-18, FY 2018-19, FY 2019-20, FY 2020-21, FY ...

GSTR-9C is a reconciliation statement between the annual returns filed in GSTR-9 and the audited annual financial statements ...

2. Petitioner is a proprietorship firm who runs a business under the name and style of ‘Shailendra Singh Petitioner deals with works contract. Petitioner is registered under the Central Goods and ...

From extension in GST return filing and payment deadline to 90-hour work week debate to PM Modi's podcast debut with Nikhil Kamath to Los Angeles wildfires, here are today's top stories.

The GST portal is facing significant technical glitches, causing disruptions in GSTR-1 filings for December 2024. Businesses and tax professionals have raised concerns about delays and operational ...

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all sales tax registered commercial importers, distributors and ...

Starting from February 2025, taxpayers will need to report HSN codes in GSTR-1 and GSTR-1A forms by selecting the appropriate ...

Update: Deadline to file GSTR-1 and GSTR-3B have been extended by two days. A latest post shared on X confirms the extension. In the update, the GST Network wrote: "Dear Taxpayers,📢 Due Date ...