Government has issued GST Advisory 2023 on E- Invoice verifier application. The E-Invoice Verifier App developed by GSTN, has been introduced which offers a convenient solution for verifying e-Invoices and other related details. GSTN understands the importance of efficient and accurate e-invoice verification, and this app aims to simplify the process for your convenience E-Invoice … Read more
Government has issued Advisory on due date extension of GST Returns for the state of Manipur. Vide Notification No.11/2023 – Central tax 12/2023-Central Tax and 13/2023-Central tax , all dated 24th May 2023, the government has extended the due date of filling GSTR-1 , GSTR-3B & GSTR-7 of April-2023 tax period till 31st May 2023for … Read more
Government has issued GST Advisory on Filing Declaration In Annexure V by Goods Transport Agency (GTA) opting to pay tax under forward charge mechanism on 30-05-2023.The GTAs, who commence business or cross registration threshold on or after 1st April, 2023, and wish to opt for payment of tax under forward charge mechanism are required to … Read more
Government has issued GSTN Advisory 2023 which contains that it has been decided by the competent authority to defer the imposition of time limit of 7 days on reporting old e-invoices on the e-invoice IRP portals for taxpayers with aggregate turnover greater than or equal to 100 crores by three months. In this regard, the … Read more
New GSTN advisory 2023 urge tax payers to file their returns on time. It has been observed that some taxpayers faced difficulty in filing GSTR-3B of March 23’ period on 20th April 2023’. On analysing the reasons, it was noted that large number of tax payers attempted to file GSTR-3B returns in the afternoon of … Read more
Government has issued GST Advisory 2023 for bank account validation in GST system. The functionality for bank account validation is now integrated with the GST System. This feature is introduced to ensure that the bank accounts provided by the Tax Payer is correct. The bank account validation status can be seen under the Dashboard→My Profile→Bank … Read more
Government has issued GST Advisory of Time limit for reporting e-invoice on IRP portal on 13-04-2023. It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores. To … Read more
Government has issued GST Advisory for HSN Code Reporting in e-Invoice on IRPs Portal which are as under. 1. We would like to bring to your attention notification no. 78/2020 – Central Tax dated 15th October 2020. As per the above-said notification, it is now mandatory for taxpayers to report a minimum of six-digit valid … Read more
Government has issued GST Advisory for person wishing to register as “one person company” in GST. As per provision of section 2(62) of The Companies Act, 2013 “One Person Company” is defined as a company which has only one person as member. Some issues have been raised by the persons registering as ‘One Person Company’ … Read more
Government has issued GST Advisory for GST Portal to accept the Negative Value of ITC in Table 4A of GSTR-3B from January-2023 onwards. All the impact of credit notes as well as amendments will be considered in Table 4A from now onwards instead of Table 4B of GSTR-3B Introduction of Negative Values in Table 4 … Read more