Tax experts fear that the invoice matching could be affected, leading to blockage of input tax credits due to 19 lakh taxpayers who failed to file GSTR-1. (IE) Only 46 lakh or 71% of those payers ...

Tax payers can now view the status of the returns filed by them on the GST Network portal, the company handling the technology backbone of the new indirect tax system said today. (Image Credit: GST ...

GSTAT held that a mere mismatch between GSTR-1 and GSTR-3B does not automatically establish tax evasion or justify proceedings under Section 74. The Tribunal emphasized that the department must first ...

The Goods and Services Tax Network (GSTN) on Thursday extended the last date of filing GSTR-1 to April 12, 2024, from April 11, 2024, as taxpayers were facing difficulties in filing GSTR-1. However, ...

Traders and suppliers are studying new tax implications of GST (Representational image) GST has finally become a reality. For seamless migration to GST, the Central Board of Excise and Customs has ...

"GST portal is currently experiencing technical issues and is under maintenance. We expect the portal to be operational by 12:00 noon. CBIC is being sent an incident report to consider extension in ...

The article explains how the GSTAT held that a mere mismatch between GSTR-1 and GSTR-3B is insufficient to invoke Section 74 without evidence of fraud or suppression. It also outlines practical steps ...

More than 45.99 lakh businesses have filed the final GST returns for July and more than 33 crore invoices have been processed on the GSTN portal. A bill is clumped together with others at a restaurant ...

GST or goods and services tax finally became a reality on July 1. In the run-up to the mega launch of GST, while various departments of the government worked to provide a seamless transition to the ...

From January 1 next year, businesses defaulting on filing the summary returns and paying monthly GST (Goods and Services Tax) will not be allowed to file GSTR-1 sales returns for the succeeding month.