Tax Guru1d
Calcutta HC directed to consider GSTR-9 in case ITC not reflected in GSTR-3B
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 ...
Tax Guru1d
16 Key GST Actions for March 2025
March 2025 is crucial for GST compliance, requiring businesses to complete 16 key actions. These include reconciling outward ...
Public Accounts Committee flags mismatches in GST worth Rs 16.6K cr in FY21
The PAC said the inconsistencies highlight serious inefficiencies in the GST system's data validation and reconciliation ...
CNBCTV183d
MSMEs fear ₹1.5 lakh annual burden as India rolls out new GST Invoice Management System
The India SME Forum has recommended a phased IMS implementation similar to the e-invoicing transition, with a ...
Why SC ruling on GST error corrections is a major relief for businesses
This ruling is particularly crucial for small and medium enterprises, which may lack sophisticated accounting systems and are ...
BW Businessworld3d
MSMEs Can't Bear Rs 1.5 Lakh Annual Compliance Cost Amid IMS Rules
The India SME Forum (ISF), a non-governmental organisation for micro, small and medium enterprises (MSMEs), has urged the ...