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 ...
The Central Board of Indirect Taxes and Customs (CBIC) has announced an extension in the deadlines for filing GSTR-1 and GSTR-3B returns due to technical glitches affecting the GST portal. Monthly ...
The Bombay Chartered Accountant Society (BCAS) has written to the Finance Minister, urging an immediate extension of the statutory deadline for filing the GSTR-3B return and discharging tax ...