Calcutta High Court held that GSTR-9 returns should also be considered in case the Input Tax Credit (ITC) not reflected in GSTR-3B. Accordingly, matter restored for re-adjudication by considering GSTR ...
The PAC said the inconsistencies highlight serious inefficiencies in the GST system's data validation and reconciliation ...
March 2025 is crucial for GST compliance, requiring businesses to complete 16 key actions. These include reconciling outward ...
The India SME Forum (ISF), the country's largest non-governmental organization for small and medium enterprises, has urged ...
Total number of Input Tax Credit (ITC) fraud cases and amount detected ... of outward supplies Other measures include filing of FORM GSTR-1 made mandatory before filing of FORM GSTR-3B for a ...
This ruling is particularly crucial for small and medium enterprises, which may lack sophisticated accounting systems and are ...
The India SME Forum has recommended a phased IMS implementation similar to the e-invoicing transition, with a ...
The India SME Forum (ISF), a non-governmental organisation for micro, small and medium enterprises (MSMEs), has urged the ...
The court noted that unfair denial of ITC due to such errors places an unnecessary burden ... “this judgement allowing revision of filings made in GSTR-1 and GSTR-3B beyond the period mentioned in the ...