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 ...
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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) ...
"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 can make GST payments through challan every month either by self-assessment of monthly liability or 35 per cent of net cash liability of previous filed GSTR-3B of the quarter. Quarterly GSTR ...
https://www.thehindubusinessline.com/economy/gst-assessee-with-turnover-up-to-5-cr-will-need-to-file-only-four-gstr-3b-forms/article33268714.ece Copy Come January 1 ...
"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 ...