You’re probably wondering how to prevent frequent errors when filing GSTR-1. As a result, we have compiled a list of 5 typical errors to help you avoid them while filing GSTR-1. 5 Typical Errors in GSTR-1 Aggregate Turnover (Aggregate Turnover) Since Column 3(a) asks for “aggregate turnover,” we must provide information on turnover on an …
A new and improved version of GSTR-1 and IFF has been made available on the GST Portal to improve the taxpayer experience. These enhancements will make the GST Portal more efficient and user-friendly for saving GSTR-1 data. Furthermore, new improvements will be made gradually and incrementally so that the taxpayer can adjust to the changes without difficulty …
According to a press release issued on December 31, 2021, by the Ministry of Finance, Union Finance & Corporate Affairs Minister Nirmala Sitharaman convened the 46th GST council meeting in New Delhi, under the emergency provision. The GST council decided that the meeting must be held at least once per quarter of the fiscal year. The last …
Finally, the government has extended the deadlines for GSTR 9 & 9C after several requests. The government has ultimately extended the due date for the annual return form GSTR 9 & GSTR 9C, i.e. self-certified statement forms, for the fiscal year 2020-21. The new due date to file GSTR-9C & GSTR-9C for FY 2020-21 is …
The Electronic Data Interchange (EDI) system, also known as ICEGATE, was implemented by the Customs Department to automate the process and make life simpler for end-users and authorities. Full-Form of ICEGATE The Indian Customs Electronic Commerce/ Electronic Data Interchange (EC/ EDI) Gateway is known as ICEGATE. It’s the way the Indian Customs EDI System (ICES) …
GST is a reformative taxation system implemented by the Government of India in the year 2017. GST was introduced with the motive of “One Nation One Tax.” CGST, SGST, and IGST are the three major tax components under GST. And in this blog, we will have in-depth information related to SGST such as the full …
Here is the list of GSTR-2B frequently asked questions (FAQs) Q1. What is GSTR-2B and what does it do? GSTR-2B is an auto-drafted ITC statement that is created for every regular taxpayer based on the information provided by his suppliers in their GSTR-1/IFF, GSTR-5 (NRTP), and GSTR-6 returns (ISD). The statement shows whether or not …
Since the implementation of GST, the filing of Form GSTR-9C has been clouded by several misunderstandings, particularly when it comes to generating and uploading the GSTR-9C JSON file. This post is intended to assist you in dealing with JSON problems that you may experience while filing GSTR-9C. However, before moving straight to JSON errors it …
ICEGATE is an acronym for Indian Customs Electronic Data Interchange (EDI) or Electronic Commerce (EC) Gateway. ICE GATE is a government site that allows trading partners to file documents electronically. ICEGATE Vision ICEGATE’s vision is to provide an efficient means of collecting indirect taxes and administering cross-border controls, with the goal of increasing voluntary compliance through ICEGATE payment. …
