GST: Aadhaar verification to be mandatory for new dealers from Jan 2020
"Aadhaar authentication of new dealers will be mandatory," Bihar deputy chief minister Sushil Kumar Modi, who heads the group of ministers of GST Network said.
Digital: The Taxpayer’s Panacea
The Tax Technology Summit provided opportunities to learn about digital disruption in tax function and gain s...
GST Annual Return filing date extended. This is what taxpayers need to do next
Taxpayers should not procrastinate and use the additional thre...
Why the Government should waive off GST Return as opposed to extending deadlines
Over the last two years, the focus of the tax payers has shifted from managing their business to tackling the compliance issues over the modest GST Portal.
GSTN-like body on cards: Govt plans co to screen and rate borrowers
The govt is considering on creating an SPV similar to GSTN to monitor & screen commercial borrowers.
GSTN releases prototype of simplified return filing system
In the proposed system, a normal taxpayer would have to file form GST RET-1 (Normal) or Form GST RET-2 (Sahaj) or Form GST RET-3 (Sugam) on either monthly or quarterly basis.
GSTN move to give leg-up to software product firms
Six firms to offer software free of cost to the targeted 8 million small businesses.
GST return filing remains less than desired, GSTR-3B compliance around 60 percent
In the current financial year, while around 55 lakh businesses were eligible to file GSTR-1, about 25 lakh and 20 lakh businesses have filed the return in April and May, respectively.
Two years of GST: The past, present and expectations
Hiccups are expected in anything new, but after two years there has to be a climate of certainty with smooth GSTN network and minimum changes in law.
Bogus IGST refund claims: Government to verify exporters' claims before sanctioning
Tax experts said the move to verify the refund claims would delay the process of refund issuances to exporters.
GST: From anti-profiteering to fixing GSTN glitches, issues that need immediate attention
The Government should consider taking appropriate measures to further strengthen the GST portal, to facilitate compliance with GST law amendments and to ensure GST portal’s easy access to the taxpayers.
GST portal updates: 11 new features on GSTN that you need to be aware of
Tax filers who file their returns quarterly now do not have to wait for the quarterly filing of refund applications too. The portal has enabled the monthly filing option of the same.
GST data may be used to book trucks
The GSTN is now toying with the idea to set up a platform where companies can use the data on truck movement to ship their goods.
Tax dept to share ITR data with GSTN to detect tax evasion by business persons
Before GST was introduced, the department could not reconcile the data filed by the business persons in his/her sales tax return/service tax return and ITR.
Taxpayers can compare tax liability declared in final, summary GST returns forms: GSTN
GSTN, in a statement said, since GSTR-1 and GSTR-3B are filed independent of each other, a need was felt to provide facility to view liability declared in both the forms at one place.
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