The GST portal has recently introduced a new feature for filing of online compliance pertaining to ITC mismatch in form GST DRC-01C. As per the said advisory, it is to be noted that GSTN has developed a functionality to generate automated intimation in Form GST DRC-01C which enables the taxpayer to explain the difference in […]
Electronic invoicing, popularly called as ‘e-invoice’ is a concept in which all B2B invoices are electronically uploaded by the supplier and authenticated by Invoice Registration Portal (IRP) with a unique number called IRN and a QR code. An invoice is considered valid only when there is a unique IRN and QR code printed on the […]
As the number of show cause notices being issued under the GST law is increasing day by day, it is seen that certain officers are issuing such notices and orders manually without serving the same in the GST portal. To curb the increase in issuance of such notices and orders manually, the CBIC has recently […]
With the increasing litigation in GST, it is seen that a plethora of notices is being issued on the issue that ITC which is claimed in GSTR-3B but not appearing in GSTR-2A shall not be available to the purchaser and needs to be reversed. On the subject issue, recently the Hon’ble Supreme Court in the […]
Filing Form GSTR-4 Annual Return by Composition Taxpayers on GST Portal What is Form GSTR-4 Annual Return: – With effect from 1st April, 2019, all Composition Taxpayers are required to file Form GSTR-4 Annual Return, on annual basis, for each financial year. Who are required to file Form GSTR-4 Annual Return: All registered taxpayers who have opted for composition scheme or were under composition scheme under […]