The GST Council, chaired by Union finance minister, had last week cleared the new return filing form. It would replace the current GSTR-1 and GSTR-3B returns. “A new return system has been approved by ...

Small GST payers are discovering that the proposed GST forms - Sahaj and Sugam, may create a new pain point in obtaining input tax credit (credit for taxes paid on inputs used). As of now, GST payers ...

GST and Taxation for MSMEs: The Goods and Services Tax (GST), was introduced as a single, straightforward tax system to replace multiple indirect taxes. The GST has served as an efficient tax system ...

Pan masala and gutkha manufacturers will now have to register their machines on the goods and services tax (GST) portal as part of measures by the government to cut down evasion in this sector. The ...

New Delhi: The Goods and Services Tax Network (GSTN) has announced two major changes regarding GST return and GSTR-3B. In its advisory on June 7, GSTD said that from the July 2025 tax period, the ...

The GST Council is likely to consider a modification in summary return and monthly tax payment form. It will do this with a view to check fake input tax credit claims. According to officials, the ...

Earlier this week, the government had to extend the deadline for filing annual returns for GST for both FY18 and FY19. In a relief to taxpayers, the government on Thursday extended the due dates for ...

The issue is denial of appeal due to NIL demand orders despite disputed liability. The key takeaway is that rectification under Section 161 enables appeal ...

Lubna.Kably@timesgroup.com Mumbai: Small GST payers are discovering that the proposed GST forms — Sahaj and Sugam — may create a new pain point in obtaining input tax credit (credit for taxes paid on ...