Gst Form

CBDT clarifies past investments under old tax treaties safe from new rules

The Central Board of Direct Taxes announced on Wednesday that investments under tax treaties with Mauritius, Cyprus, and Singapore will remain unaffected by the new Principal Purpose Test rule

GSTN says GSTR-1 filing due date for March to be extended till Apr 12

The GST Network (GSTN) on Thursday said the due date for filing return for outward supplies or GSTR -1 for March will be extended till April 12. In a post on X (formerly Twitter), the GST Tech said the GSTN has noticed that taxpayers are facing difficulties in filing GSTR-1 intermittently since Wednesday due to technical issues leading to slow response on the portal. "GSTN has accordingly recommended to @cbic_india that the due date for filing of GSTR-1 for the monthly taxpayers be extended by a day ie till 12/4/24," the GST Tech said. The due date to file GSTR-1 for a given tax period is 11th day of the succeeding month in case of taxpayers filing it monthly and the 13th day of month succeeding the end of every quarter in case of taxpayers filing quarterly.

CBIC issues guidelines for post audit and refund claims under GST

This is following several reports CBIC received about different practices being followed by the field formations, creating issues for taxpayers

GST Council likely to modify monthly tax payment form for ITC clarity

The modified form will help in checking bogus ITC claims and ensure that honest taxpayers are able to timely avail the ITC benefit

GST Network starts online refund processing, will help taxpayers in claims

GST Network lets taxpayers to file refund application (in RFD 01 form) easily and tax officers to process online.

GST forms: Delink provisional credit from tax payment, say stakeholders

Earlier, the GoM, headed by Bihar deputy chief minister Sushil Modi, had zeroed on two models of simplification