The Bombay Chartered Accountant Society (BCAS) has sent a representation to the finance minister seeking urgent extension of the statutory deadline for submitting the return in Form GSTR-3B and ...
The proposed move aims to reduce GST mismatches and tighten compliance by limiting manual changes in GSTR-3B once returns are auto-populated ...
If you are a regular goods and services tax (GST) registered taxpayer, you have to file your GSTR-3B monthly return along with the invoices for the applicable tax period. But, if you end up reporting ...
Businesses may eventually have to file returns largely based on invoices uploaded by suppliers, with limited scope for manual changes.
GST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule. Experts highlight this change, enacted in 2022, is causing business disruptions ...
Correct configuration of GSTINs, ledgers, HSN codes, and vouchers in Tally allows businesses to generate portal-ready returns directly from accounting data. The article explains how this reduces ...
The article explains how simplifying GST laws, rationalising returns, and improving the GST portal can significantly reduce compliance burdens for businesses and ...