Author Archives: taxgrid - Page 9
Late fee showing up on resetting for the months it was waived off
Some taxpayers are facing the issue upon opting for reset of GSTR3B. Upon resetting the return late fee becomes visible for the month it was waived off. However, GSTN has…
Error report showing “YOU HAVE ALREADY OFFSETTED GSTR-3B”
Some Taxpayers are not able to reset and file GSTR-3B because they face the error report showing "YOU HAVE ALREADY OFFSETTED GSTR-3B", however, cess liability is yet to be set off.…
Service now available on GST portal
GST portal is still under constant development and improvement process. Many facilities have been enabled and more are yet to come. List of the services available currently as furnished by…
Government says mistakes by exporters is the reason for delay in refund
In the press release made by Ministry of Finance, it has been expressed by the government that errors being made by exporters in filing their returns is the sole reason…
Revenue under GST falls to Rs 83,346 for the month of October 2017
A total sum of Rs 83,346 has been collected as Total Revenue Collection under GST for the month of October, received in November till 27th November 2017. Till date there are Lakhs…
GST: Frequently asked Questions by CBEC
Latest FAQs posted by GSTN can be found below. Read all the important releases and their analyses at one place on TaxGrid to be updated!
Applicability of IGST / GST on goods transferred / sold while being deposited in a warehouse
Circular has been issued by CBEC regarding Applicability of IGST / GST on goods transferred / sold while being deposited in awarehouse. Read the circular below:
GSTR1 for July re-enable on GST portal
Taxpayers who have not filed Form GSTR 1 for July 2017, can now file it on the GST Portal.
Functionality for refund of Input Tax Credit of inputs/input services attributed to export of Goods & Services is now available on the GST Portal
Functionality for refund of Input Tax Credit of inputs/input services attributed to export of Goods & Services is now available on the GST Portal.
Amended Late fee amount gets active on GST portal
Recently the GST late fee amount was amended by GST council, but taxpayers were facing the issue of the same old late fee structure, as the required technical amendments were…