Govt mulls extending April GST payment deadline; asks Infosys to fix glitch on portal

Govt mulls extending April GST payment deadline; asks Infosys to fix glitch on portal

As taxpayers face technical glitch on the GST portal, the government on Tuesday said it is considering extending the April tax payment deadline and has directed for early resolution of the problem. The Central Board of Indirect Taxes and Customs (CBIC) said a technical glitch has been reported by Infosys in generation of April 2022 … Read more

GST Network starts providing auto-drafted input tax credit statement to taxpayers

GST Network starts providing auto-drafted  input tax credit statement to taxpayers

Goods and Service Tax Network (GSTN), the information technology backbone provider for GST introduced new return filing form which has auto-populated input tax credit. The new form – GSTR 2B – has been activated for July 2020, and will be available for each month on the 12th day of the succeeding month. “It is expected … Read more

GST Network enables functionality to help GST payers on ITC eligibility

GST Network enables functionality to help GST payers on ITC eligibility

New Delhi: GST Network on Tuesday said it has enabled a functionality to help GST payers know their input tax credit (ITC) eligibility in their Annual Return, making it more convenient to file GSTR-9. So far, the GST system used to compute eligible ITC based on suppliers’ sales return GSTR-1, but the break-up at the … Read more