The Central Board of Direct Taxes (CBIC) has extended the deadline to file monthly GST return using GSTR-1 and GSTR-3B form, both by 2 days each. The deadline for those who are filing monthly GSTR-1 ...
Sitharaman also said that maximum late fee has been capped at Rs 500 per return for taxpayers who have a tax liability and have not filed GSTR-3B for July 2017 to Jan 2020. Union finance minister ...
GSTN will soon enforce system-level blocking if ITC reclaimed or RCM ITC exceeds ledger balances. Key takeaway: taxpayers must reconcile ledgers to avoid filing ...
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