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Much awaited notification for extension of due dates for GST returns of December 2024 & Oct-Dec 2024 quarter. ...
10/01/2025

Much awaited notification for extension of due dates for GST returns of December 2024 & Oct-Dec 2024 quarter.

10/01/2025

Attention Taxpayers!!!

GSTN is in the process of implementing separate reporting of HSN codes for B2B and B2C supplies in GSTR-1. System will automatically match value of HSN with corresponding B2B and B2C supplies. Further, an option for selecting HSN from dropdown menu will be provided. Manual entry of HSN will not be allowed. These changes will be available on the portal w.e.f. January return period. Taxpayers are advised to file HSN details carefully.

Stay tuned for more updates.

07/01/2025

*Important clarification in GST*

In case of supply of online services by a registered person to an unregistered person (URP), invoice must contain name of the State of such URP. Non-compliance of this mandatory condition may attract penalty upto Rs. 50,000/-

06/01/2025

*Monthly Compliance: January 2025*

7th January: TDS/TCS Deposit for the month of December 2024

10th January: GSTR-7 (for those deducting TDS under GST) for the month of December 2024.

11th January: GSTR-1 for the month of December 2024.

13th January: GSTR-1 for Quarter 3 (Oct to Dec. 2024)

15th January: TCS Return for the quarter Oct-Dec 24.

20th January: GSTR-3B for the month of December 2024.

24th January: GSTR-3B for the Quarter 3 (Oct to Dec. 2024)

31st January: TDS Return for the quarter Oct-Dec 24.

18/11/2024

🔔GST Portal alert:

If you are taking any action on the Invoice Management System (IMS) after generation of GSTR - 2B for the tax period, then you must recompute the GSTR - 2B before filing GSTR -3B.

15/11/2024

🚨 Important GST Alert for October 2024

If you’re filing GSTR-3B, be cautious! There’s an issue in GSTR-2B for October 2024 where old data is showing up, causing excess ITC to be reported. This incorrect data could auto-populate in your GSTR-3B, leading to potential filing errors and compliance issues.

👉 Before filing GSTR-3B, double-check the data in GSTR-2B to avoid any penalties. Stay informed and ensure accuracy!

04/11/2024

Taxpayers need to be careful while filing return for the period October 2024 as this is the last opportunity to amend/add/modify any data of FY 2023-24. Any such modification can be made upto 30th November, 2024.

Recent changes introduced in the GST law. It will have huge impact on taxpayers as they need to review transactions in t...
25/10/2024

Recent changes introduced in the GST law. It will have huge impact on taxpayers as they need to review transactions in terms of the changes.

Important change in GST w.e.f. 10.10.2024
22/10/2024

Important change in GST w.e.f. 10.10.2024

Upcoming due dates for GST and Income Tax compliance. Remember to comply before time.
22/10/2024

Upcoming due dates for GST and Income Tax compliance. Remember to comply before time.

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