A regular business usually needs to file three returns – GSTR-1 and GSTR-3B monthly and GSTR-9 annually. GSTR-1 is a monthly statement of outward supplies to be furnished by taxpayers for supplying ...
New Delhi, Feb 21 (PTI) The GST Network today said it has simplified filing of sales return form 3B whereby businesses will now be able to see input tax credit balance on the return forms. “One area ...
With the launch of the QRMP scheme on December 5, taxpayers up to Rs 5 crore turnover have the option to file their GSTR-1 and GSTR-3B returns quarterly beginning January-March period. The government ...
On Monday, the Central Board of Indirect Taxes & Customs (CBIC) said that the due date to file the monthly GSTR-3B and GSTR-5 return for taxpayers not under the Quarterly Return Monthly Payment (QRMP) ...
The Goods and Services Tax Network (GSTN) has issued a new advisory on April 11, 2025, intimating GST registered taxpayers about two changes made in GSTR-3B and GSTR-1/GSTR-1A from the April 2025 tax ...
"One area where a few taxpayers were making errors frequently was utilisation of input tax credit (ITC) and computation of balance... Read More "One area where a few taxpayers were making errors ...
Taxpayers with an aggregate annual turnover of up to Rs 5 crore in the preceding financial year and have filed their October GSTR-3B (sales) return by November 30, 2020, are eligible for this scheme.
NEW DELHI: Businesses with up to Rs 5 crore turnover will have to file only four GST sales returns, or GSTR-3B, from January instead of 12 at present, according to sources. The Quarterly filing of ...
"One area where a few taxpayers were making errors frequently was utilisation of input tax credit (ITC) and computation of balance payment in cash. By improving the user interface and redesigning the ...