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 proposed move aims to reduce GST mismatches and tighten compliance by limiting manual changes in GSTR-3B once returns are ...
The current Goods and Services Tax (GST) regulations showed that all regular and irregular taxpayers are required to file their GST returns for each tax period. Form GSTR-3B, a streamlined summary ...
GST Network on Saturday said beginning the July tax period, GST taxpayers will not be able to file monthly and annual GST returns after three years of the original filing due date. The July 2025 tax ...
GST registration can be suspended for delays in filing returns, even short ones, following a 2022 amendment. While the law ...
The article explains when businesses must file a GST Nil Return despite having no sales, purchases, or tax liability. It highlights the importance of maintaining GST compliance to avoid penalties and ...
Business can file their returns quarterly if their turnover is less than Rs 5 crore. Ease of doing business for MSMEs: Filing Goods and Services Tax (GST) returns, in order to declare the income ...
The Finance Ministry said on Sunday, that the GST return filers numbers rose about 65 per cent to 1.13 crore in 5 years till April 2023 In November, the monthly total GST collection was Rs 1.68 lakh ...
Businesses with pending GST returns for three years or more will face a filing ban from November 2025. The GST Network announced this restriction, implementing a 2023 amendment to the GST law aimed at ...