The three changes announced in the GST return filing rules, per the recent notification, will help streamline the tax filing process for taxpayers, increase transparency and also better traceability ...
New Delhi [India], August 13: The GST tax system was first introduced in 2017 in India. As of the present year records, the number of tax filers has increased from 68% (FY 2017-2018) to 90%. Various ...
The Goods and Services Tax Network (GSTN) has announced a significant change in the filing of GST returns, mandating that returns cannot be filed after three years from their original due date, ...
The GST filing system is undergoing significant updates, with multi-factor authentication (MFA) taking center stage as a key measure to enhance security and curb fraudulent billing practices. These ...
The CBIC is planning to introduce a monetary limit for issuing GST demand notices to reduce unnecessary disputes and avoid notices on flimsy grounds. The board will release instructions to field ...
The Goods and Services Tax Network (GSTN) will initiate Phase III of mandatory harmonized system of nomenclature (HSN) code reporting next month. This move aims to enhance the accuracy and consistency ...
- Businesses can now lodge GST returns online directly to Inland Revenue with Xero WELLINGTON, 21 July 2016 - Xero (@Xero) customers can now file their GST returns in Xero and send them straight ...
"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 ...
As many as 14,227 appeals against disputed tax demands raised by Central GST authorities were pending as of June 2023, a response by the finance ministry to the Parliament had revealed. (Freepik) The ...