Analysis of Instruction No. 01/2023-GST – Dated 04th May, 2023 with regards to the Guidelines for Special All-India Drive against fake registrations

Background In the National Co-ordination Meeting on 24th April 2023, it was discussed that while various system based and policy measures are being taken to address fake registration and fake input tax credit problem, there is a need of concerted and coordinated action on a mission mode by Central and State tax authorities to tackle […]

Section 16(4) – A dilemma for the relevant period.

Dear Friends, We received many queries as to whether provisions of Section 16(4) can be invoked for any omission / correction of the past period or can be applied for claiming ITC of that respective period also. For example, if February 2020 GSTR 3B is filed in the month of March 2021, so can we[…..]

GST: Extension of Due date for GSTR 3B for April 2022

Due to technical glitches in generation of GSTR 2B, the due date is extended as below: –GSTR 3B – Due date for April 2022 month is extended till 24th May 2022 (Notification No. 05/2022 – Central Tax – dated 17th May 2022). –PMT – 06 – Due date for deposit of tax for QRMP persons[…..]

Incomplete GSTR 2B in case of affected taxpayers for April 2022

-GSTN has received complaints from many taxpayers that certain records are not reflected in their GSTR 2B statement for the period of April 2022 even though such details are properly reflected in GSTR 2A. -GSTN is trying to resolve this technical glitch, but it doesn’t seems to be resolved till 20th May i.e. due date[…..]