New GST form: GSTN brings in new application process to settle tax demands

New GST form: GSTN brings in new application process to settle tax demands

The Goods and Services Tax Network (GSTN) has introduced Form GST DRC-03A on the GST portal to assist taxpayers in managing their tax demands more efficiently. This new tool is specifically designed to allow taxpayers who have utilized the DRC-03 form to make payments, to directly allocate these payments to a specific GST demand order. … Read more

GSTN restores July, August 2017 GST returns data

GSTN restores July, August 2017 GST returns data

GST Network on Sunday said the monthly returns data of July and August 2017, the initial months of the Goods and Services Tax rollout, has been restored on the portal. The GSTN had last week said it is implementing its data policy, as per which data for taxpayers will be retained for seven years only. … Read more

Has CBIC extended the GSTR-1 deadline to April 12 due to technical snag? Here’s what we know

Has CBIC extended the GSTR-1 deadline to April 12 due to technical snag? Here’s what we know

The Goods and Services Tax Network (GSTN) on Thursday extended the last date of filing GSTR-1 to April 12, 2024, from April 11, 2024, as taxpayers were facing difficulties in filing GSTR-1.  However, the Central Board of Indirect Taxes and Customs (CBIC) haven’t issued any notification on the extension of the deadline, the Economic Times … Read more

GSTN performance improved steadily over time: Report

GSTN performance improved steadily over time: Report

New Delhi, The performance of the Goods and Services Tax Network system has improved steadily over time, resulting in a steady increase in taxpayers in the country, Economic Advisory Council to the Prime Minister (EAC-PM) has said in a working paper. After years of debate, India rolled out the Goods and Service Tax (GST) in … Read more

E-way Bill blocking for non-payers to resume from August 15

E-way Bill blocking for non-payers to resume from August 15

The government will begin blocking e-way bill generation from August 15 for taxpayers that have not filed their two or more outward supply returns till June. An advisory to the effect was issued by Goods and Services Tax Network Thursday, informing taxpayers and advising them to file pending returns to avoid blocking of e-way bills. … Read more

Pre-filled GST return form soon: GSTN CEO Prakash Kumar

Pre-filled GST return form soon: GSTN CEO Prakash Kumar

NEW DELHI: GST-registered businesses will soon get pre– filled Return form, GSTR-3B, GST Network Chief Executive Officer Prakash Kumar said on Monday. “We are moving towards providing taxpayers with a pre– filled GSTR-3B form so that they can pay their taxes at ease. To start with, an option to edit the form would be provided … 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