New Feature - Core Business Activity enabled on GST Portal

The Goods and Service Tax Network (GSTN) has enabled the new feature to select Core Business Activity enabled on GST Portal. You might have noticed that a popup (as depicted below) shows up after logging under the GST P...

Upcoming GSTR-1 changes on GST Portal

The GSTN (Goods and Service Tax Network) has informed the stakeholders in regards to the upcoming changes in Table-12 format of GSTR-1 Return. The changes include changes in the format of GSTR-1 Return along...

CBIC extends deadline of GSTR-9 and GSTR-9C for FY 2019-20

The CBIC has further extended the deadline of GSTR-9 and GSTR-9C for the financial year 2019-20 to 31st March 2021. It may be pertinent to note that the due date for furnishing of the Annual returns (GS...

Bombay HC dismisses plea for GSTR9/9C due date extension

The Hon'ble Bombay High Court has dismissed the Goods and Service Tax Practitioners’ Association’s plea for GSTR9/9C due date extension. Goods and Service Tax Practitioners’ Association, Mum...

Update on GSTR9C and GSTR9 offline utility

The GSTR9C offline utility has been upgraded from Version 1.6 to Version 1.7 and the upgraded version has been made available on the portal which can be accessed here. The stakeholders are requested to take a note of th...

Clarification on Applicability of Dynamic QR Code

The CBIC has issued Clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance as per Notification 14/2020- Central Tax dated 21st March, 2020 vide Circular 146...

CBIC clarifies over applicability of Aadhaar Authentication

The CBIC vide Notification No. 03/2021 dated 23/02/2021 has specified the class of persons on whom aadhaar authentication shall not be made applicable. As per the notification, Aadhar authentication (pr...

Advisory on Reconciliation Statement (GSTR-9C)

The GSTN has issued an advisory in regards to the reconciliation statement to be filed in Form GSTR-9C Reconciliation statement to be filed in Form GSTR-9C requires the tax rate wise declaration of transactions for ...

GST Registration to be Suspended for Anomalies

CBIC has issued Standard Operating Procedure (SOP) for suspension of registration of a person on observance of such discrepancies /anomalies which indicate violation of the provisions of the Act. As per the ...

Frequently Asked Questions on QRMP & IFF

1. What is QRMP scheme? What are its benefit? A: Quarterly Return, Monthly Payment of Taxes (QRMP) Scheme is a scheme to simplify compliance for small taxpayers. Under this scheme, taxpayers having an aggregate t...