March 2025 is crucial for GST compliance, requiring businesses to complete 16 key actions. These include reconciling outward supplies in Forms GSTR-1 and GSTR-3B, aligning input tax credit (ITC) and ...
Supreme Court & Bombay High Court Uphold Right to Rectify GST Errors: Bonafide Buyers Entitled to ITC Even if Not Reflected in GSTR-2A/2B Due to Supplier’s Mistake – Major Relief to Businesses.
Reject: Rejected invoices (towards ineligible credits) are moved to the "ITC Rejected" section in GSTR-2B and do not auto-populate in GSTR-3B. Pending: Pending invoices remain on the dashboard for ...