Goods and Services Tax Network (GSTN) alleged that Input Service Distributor can now file monthly return form GSTR-6 on the GST Portal by Input Service Distributor. The last date for filing GSTR-6 for the month of July is December 31, 2017. GSTN has also provided a facility to tax officers of states and UTs to … Continue reading “GSTR-6 can now be filed on GST Portal by Input Service Distributor”

The government may review the pattern of monthly GST (Goods and Services Tax) Filing every month under GST regime. The main idea behind the same will be to provide some ease to the taxpayers. Currently, the businesses have to file returns as GSTR-1, GSTR-2, and GSTR-3 for every month. The forms with outward supplies detail … Continue reading “Monthly GST Filing process may be reviewed by the Government”

With reference to official twitter handle of Ministry of Finance, the last date for filing GSTR-2 & GSTR-3 for the month of July 2017 has been extended to November 30, 2017 and December 11, 2017 respectively. A notification will be issued shortly for the same. Last date for filing GSTR-2 was October 31, 2017 and … Continue reading “Due date extended for filing GSTR-2 & GSTR-3 for July 2017”

About 70% of the assessees under the Goods and Services Tax (GST) had filed detailed sales returns for July on Tuesday, as it was the official deadline. No further extension was given as earlier the GST filing deadline had been extended twice earlier. About 4.59 million entities of the eligible 6.5 million filed the Goods and … Continue reading “Only 70% filed accurate GST Returns for July”

As per the current Goods and Services Tax (GST) regime, GST taxpayers must file 3 statements for each month (GSTR 1, GSTR 2 and GSTR 3), coupled with the annual statement. From a wider perspective, a taxpayer must file 36 statements in a year. This is more of backbreaking as taxpayers are facing a lot … Continue reading “Government may Grant Relief by Reducing Annual GST Filings”