Tax Guru

GSTR-1 vs GSTR-3B: What’s the Difference and Which One Do You File First?

The issue concerns confusion regarding the purpose and sequencing of GSTR-1 and GSTR-3B filings. The key takeaway is that GSTR-1 should be filed first to ensure proper ITC flow and avoid ...
Hosted on MSN

Facing GSTR-3B filing issues despite no late invoice reporting? GSTN acknowledges problem and suggests interim workaround

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 ...
Hosted on MSN

BIG GST Update: GST Portal For Filing Annual Returns GSTR-9, GSTR-9C FY24-25 Now Open

New Delhi: The Goods and Services Tax (GST) portal has been updated to enable online filing of annual returns using Form GSTR-9 for the financial year 2024–25. Taxpayers can now also file the ...
Tax Guru

Madras HC Upholds both GST Late Fee & Penalty for Non-Filing of GSTR-9

The Madras High Court held that failure to file the annual return in Form GSTR-9 attracts late fee under Section 47(2) of the CGST Act. It further ruled that penalty under Section 125 is permissible ...
Deccan Chronicle

Troop Bazaar tops in GST evasion in Hyderabad

Hyderabad: GST evasion is most prevalent in Troop Bazaar, where 48 per cent of registered dealers are not filing returns.