The tax department’s move of using GSTR-2 was expected among assessees and tax practitioners as reported by FE earlier. A large number of assessees under the GST have received notices from the tax ...

Countries implementing value-added tax with credit mechanisms are grappling with the global menace of input tax credit frauds. In an attempt to curb this menace, the GST law introduced various ...

Finance Ministry on Wednesday clarified by businesses can claim GST refunds by simply submitting a printout of 'GSTR-2A' form to tax authorities instead of giving all purchase invoices of a month.

The Central Board of Indirect Taxes and Customs (CBIC) on Saturday said that two new tables have been inserted in GSTR-2A for displaying details of import of goods from overseas and inward supplies ...

Input Tax Credit is one of the dearests of all the GST domains. ITC is important to keep the cash-flow in proper order and to make the capital available for the business processes. Though ITC is a ...

NEW DELHI: Refund of accumulated tax credit related to imports and inward supplies liable to reverse charge will be cleared by field offices even if the same is not reflected in purchase return Form ...

Ever since the government decided to put the new GST return system on hold, there have been several welcome changes made to the current GST return filing flow. With the new GSTR-2B form introduced, ...

The government has recently made some changes in the GST return filing system. The return forms proposed earlier called the RET forms with ANX (annexures) have been shelved. The existing GST returns ...

The Central Board of Indirect Taxes & Customs (CBIC) stated on Tuesday that Infosys reported a glitch in the “generation of April 2022 GSTR-2B and auto-population of GSTR-3B on portal”. It added that ...