The Bombay Chartered Accountant Society (BCAS) has sent a representation to the finance minister seeking urgent extension of the statutory deadline for submitting the return in Form GSTR-3B and ...

If you are a regular goods and services tax (GST) registered taxpayer, you have to file your GSTR-3B monthly return along with the invoices for the applicable tax period. But, if you end up reporting ...

ICAI clarified that ITC wrongly reversed under Table 4(B)(1) instead of Table 4(B)(2) can still be reclaimed within statutory timelines. The FAQs explain how taxpayers can rectify such reporting ...

The proposed move aims to reduce GST mismatches and tighten compliance by limiting manual changes in GSTR-3B once returns are auto-populated ...

Businesses may eventually have to file returns largely based on invoices uploaded by suppliers, with limited scope for manual changes.

GST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule. Experts highlight this change, enacted in 2022, is causing business disruptions ...