GSTN advisory regarding Online functionality to explain the difference in GSTR-1 & 3B return online
The liability declared in GSTR-1/IFF can be compared with the liability paid in GSTR-3B/3BQ for each return period. If the declared liability exceeds the paid liability by a predefined limit or the percentage difference exceeds the configurable threshold, the taxpayer will receive an intimation in the form of DRC 01B.
Government of NCT Delhi relaxes late fee for Form GSTR-10
The waiver applies to registered persons who failed to furnish the said return by the due date but submitted it between April 1, 2023, and June 30, 2023.
CBIC has extended the due date for filing FORM GSTR-3B for registered taxpayers in the state of Gujarat
CBIC has extended the due date for furnishing the return in FORM GSTR-3B for the month of May, 2023 till the thirtieth day of June, 2023, for the registered persons whose principal place of business is in Gujarat.
Special procedure for revocation of cancellation of registration for the registered person under Delhi GST Act 2017
Under this procedure these persons have an opportunity to apply for revocation until June 30, 2023. To do so, they must file the revocation application after submitting all the pending returns and paying the unpaid taxes, interest, penalties, and late fees related to those returns.
Extended time limit for recovery of unpaid tax under Delhi GST Act
Extended time limit for recovery of unpaid tax under Delhi GST Act for FY 2017-18, 2018-19, 2019-20.
Extended due date to furnish return in reply of assessment order under Delhi GST Act
Governor of National Capital Territory of Delhi notified that the registered persons who failed to furnish a valid return within a period of thirty days from the service of the assessment order issued on or before the 28th day of February, 2023 shall furnish the said return on or before the 30th day of June 2023.
Revised applicability limit for E-invoices for registered persons under Gujarat Goods and Service Tax, Rules, 2017
Prior to the recent amendment by the Gujarat government, the E-invoice applicability limit stood at 10 Crore rupees. However, with the new notification, the registered persons under Gujarat Goods and Service Tax, Rules, 2017 whose aggregate turnover in a financial year exceeds five crore rupees shall prepare E-invoice.
Commercial Tax Department of Jharkhand issues GST related relaxation
The registered persons who failed to furnish a valid return within a period of thirty days from the service of the assessment order issued on or before the 28th day of February, 2023 shall furnish the said return on or before the 30th day of June 2023.
The Government of Bihar further amended the E-invoice applicability limit for GST registered persons
Prior to the recent amendment by the Bihar government, the E-invoice applicability limit stood at 10 Crore rupees. However, with the new notification, the registered persons under Bihar Goods and Service Tax, Rules, 2017 whose aggregate turnover in a financial year exceeds fice crore rupees shall prepare E-invoice.
Guidelines for processing of applications for GST related registrations
Instances of fraudulent individuals obtaining fake or bogus GST registrations have emerged, leading to substantial revenue losses for the government. These registrations are utilized to illicitly pass on input tax credit to unscrupulous recipients through the issuance of invoices without actual supplies. To address this problem, the Central and State tax authorities have initiated a Special All-India Drive against fake registrations. One crucial aspect of preventing such fraudulent activities is strengthening the verification process for registration applications
