System computed GSTR-3B (Table-3 for liabilities) on the basis of GSTR-1 filed by taxpayers now available on the GST portal for monthly GSTR-1 filers. GSTR-1 is statement of Outward Supplies where-in a Normal Registered Taxpayer has to declare outward supplies effected during a tax period. …
Central Board of Indirect Taxes via its Twitter handle has tweeted that Due date for GSTR-4 for Financial Year 2019-29 has been Extended to 31st October 2020. Full Text of the Notification "In exercise of the powers conferred by section 148 of the Central…
INTRODUCTION OF FORM GSTR-2B Goods and Service Tax Network (GSTIN) recently launched Form GSTR-2B i.e. an auto drafted input tax credit statement, for linking the existing returns with respect to input tax credit and for curbing tax evasion. How GSTR-2B generated on the portal: It…
About Table 8A Table 8A of Form GSTR 9 is populated on basis of documents in filed Form GSTR-1 or Form GSTR-5 of the supplier. Thus, all documents which are present in GSTR-2A (Table 3 & 5), will not be available here, as documents which are in…
GSTR-4 ( Quarterly for FY 2017-18 & 18-19) (Annual from FY 2019-20) Due date of GSTR-4 for Financial year 2019-20 is 31st August, 2020 ( Notification No. 59/2020-Central Tax dated July 13, 2020) An EXCEL based offline tool has been provided on GST portal for…
In a major move towards GST taxpayers facilitation, the Government has decided to provide the facility of SMS filing of NIL statement of FORM GSTR-1 from 1st week of July 2020. The Central Board of Indirect Taxes and Customs (CBIC) said that the filing of…
A taxpayer may now file NIL Form GSTR-3B, through an SMS, apart from filing it through online mode, on GST Portal. To file NIL Form GSTR-3B through SMS, the taxpayer must fulfill following conditions: They must be registered as Normal taxpayer/ Casual taxpayer/ SEZ Unit…
Know here what are the due date of filing of FORM GSTR-3B, CBIC has recently bifurcated the taxpayers whose turnover are upto 5 Crores; into 2 groups and standard due dates for filing of returns shall be group wise respectively. Due date of GSTR-3B for…