Page 3 - Gst Returns

Fixing input tax credit: Get ready for new GST return filing system in 2019

Many companies are exploring to change their vendor payment process by linking it with their GST compliance

Modi govt introduces four Bills in the Lok Sabha to simplify GST returns

The Bills are primarily aimed at helping the MSME sector and small traders, Finance Minister Piyush Goyal said while introducing these in the Lok Sabha

Underpayment of GST by about 34%, firms get scrutiny notices for mismatch

In this case, only 10 days time has been granted to the companies for replying to scrutiny notices

Changing face of filing returns under GST

Three forms are to be filed in a month and one additional annual return. So, total 37 returns are to be filed

Now, taxpayers can check return filing status of suppliers on GSTN portal

Once GST Identification Number is inserted in the system, it would show taxpayer details

Over 5.5 million GST returns filed in January, says GSTN chairman

In December, 5.63 million GSTR-3B were filed which fetched Rs 867 billion revenue to the exchequer

5.5 million GST returns filed in January

The last date for filing initial GSTR-3B returns for a month is the 20th of the subsequent month

Govt eases rules on rectification of GST returns, allays fears on penalties

Industry bodies have been demanding a relaxation of norms and easier compliance provisions

56% assessees file GST returns for October

Panel formed to simplify return-filing process, take feedback from stakeholders, experts

Businesses can edit Aug, Sept GSTR-3B returns from November 20

The initial sales return in the Goods and Services Tax (GST) regime is filed by businesses in form GSTR-3B

CBEC directs field offices to get in touch with non-filers of GST returns

The CBEC is the apex decision making body for policies relating to indirect taxes

Businesses under composition scheme to soon start filing GST returns

We are ready with GSTR-4 which will be used by composition scheme businesses for filing returns: GST Network CEO

No fine for delayed filing of Aug, Sept GST returns

Late fee paid will be credited back to taxpayer ledger: Finance Minister Arun Jaitley

Half the assessees fail to file GST returns for September

Just 3.94 million of the total 8 million assessees filed their GSTR 3B returns till Friday, sources said

66% file sale returns under GST

About 4.3 million entities of the eligible 6.5 million filed the GSTR-1 return till 6 pm

Govt asks taxpayers to file final July GST returns by Tuesday

Once a taxpayer files GSTR-1 by October 10, the corresponding entries in GSTR-2A of his buyer shall get auto populated

GST returns: Tepid response prompts govt to conduct survey on urgent basis

About 63 per cent of eligible payers have filed the summarised return

One nation, one tax: Nearly 3 million GST returns filed in August

As many as 2.97 million assessees have filed the summary input-output return under the new goods and services tax (GST) for the month of August ('GSTR 3B'), much less than the 4.6 mn that came for the month of July. As many as 46 per cent of filers -- 1.37 mn -- did on this Wednesday, the deadline for doing so.However, the July returns had swelled after an extension of five to eight days was given to assessees, depending on whether they wanted to claim input tax credit for pre-GST stocks or not. GST Network (GSTN), the entity handling the information technology backbone for the new structure, is hopeful that return filing would equal the tally of July. Even if the same number of filers are there for the month of August as in July, proportionately it would be much less. This is so because there were only 5.95 mn registrations under the GST in July, excluding those opting for the composition scheme. Now, a little over nine million businesses have registered under GST. Of this, around .

Last day of GST returns filing peaks to record 1.37 mn: GSTN

Jaitley and Sushil Kumar Modi had advised the taxpayers to avoid a last-minute rush to meet the deadline

2.2 mn GST returns filed till 6 pm, deadline ends midnight

GST Council has allowed businesses to file their initial tax returns in form GSTR-3B in the first six months of GST rollout