Implementation of mandatory mentioning of HSN codes in GSTR-1 & GSTR 1A
Hard - Locking of auto-populated liability in GSTR-3B
1. Please refer to the advisory dated October 17, 2024 , regarding the restricting the editing of auto-populated liability in GSTR-3B from
Introduction of RCM Liability/ITC Statement
To assist taxpayers in correctly reporting Reverse Charge Mechanism (RCM) transactions, a new statement called “RCM Liability/ITC Statement”
Advisory for furnishing bank account details before filing GSTR-1/IFF
As per Rule 10A of Central Goods and Services Tax Rules, 2017 notified vide notification no. 31/2019 dated 28.06.2019…
Advisory for FORM GSTR-1A
1. The Government vide notification No. 12/2024 – Central Tax dated 10.07.2024, has introduced FORM GSTR-1A, an optional Form/ facility. This has been provided to the taxpayers so they can add or amend particulars of…
Advisory: Date extension for reporting opening balance for ITC reversal
1. In order to facilitate the taxpayers in correct and accurate reporting of ITC reversal and reclaim thereof and to avoid clerical mistakes…
Two-factor Authentication for Taxpayers
1. GSTN is introducing two-factor authentication (2FA) for taxpayers to strengthen the login security in GST portal. The pilot rollout has been done for a state of Haryana and working seamlessly…
Advisory: Time limit for Reporting Invoices on the IRP Portal
1.It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals…
GST Reconciliation Software: Streamlining Compliance
The Indian government has implemented a significant change in GST compliance regulations, directly impacting businesses with an Annual Aggregate Turnover (AATO) exceeding ₹100 crores…
Introducing Electronic Credit Reversal and Reclaimed Statement
the Government introduced certain changes in Table 4 of Form GSTR-3B so as to enable the taxpayers in reporting correct information…
Advisory: Online Compliance Pertaining to Liability / Difference Appearing in R1 – R3B (DRC-01B)
1. GSTN has been informed that it has developed functionality to enable the taxpayer to explain the…
Advisory on introduction of new Tables 14 & 15 in GSTR-1
As per Notification No. 26/2022 – Central Tax dated 26th December 2022 two new tables Table 14 and Table 15 were added in GSTR-1…
