Earlier, the government appointed the former Planning Commission Member as head of the 15th Finance Commission. In a massive bonanza, the GST Council on November 10 made a slew of recommendations in ...

From July 2026, GST portal will auto-fill and lock ITC in GSTR-3B Table 4 from GSTR-2B/IMS; GSTR-1 fixes via time-bound ...

Starting July 2025, the GSTN will make the GSTR-3B form non-editable to enhance consistency and reduce revenue leakages. Taxpayers must use GSTR-1A to amend outward supplies before filing GSTR-3B.

GSTR-7 returns: The Goods and Services Tax Network (GSTN) has issued a reminder for all GST-registered taxpayers who are required to deduct Tax Deducted at Source (TDS) under the GST law, emphasising ...

A pertinent question that has arisen since the inception of GST is whether a taxpayer can rectify errors in returns once they have been filed. Under the Income-tax Act, specific provisions expressly ...

The GST Council has introduced a key change in GSTR-9 reporting by adding a dedicated field in Table 6 to separately disclose Input Tax Credit (ITC) claimed from the previous financial year—a move ...

Learn GST treatment, GSTR-1 and GSTR-3B reporting, accounting entries and Section 9(5) compliance for restaurant, liquor and ECO ...

GSTR-4 amnesty scheme: The GSTR-4 Amnesty Scheme gives non-filers a chance to clear their pending returns and in turn avoid significant penalties. GSTR-4 amnesty scheme: There are two types of GST ...

AI Quick Read The Central Board of Indirect Taxes & Customs (CBIC) has waived the requirement of filing Annual Return in Form GSTr-9 for taxpayers with annual turnover up to ₹2 crore. In a tweet, CBIC ...