A taxpayer is not permitted to file GSTR-1 under section 37(4) of the CGST Act if a previous GSTR-1 has not been submitted, and under section 39(10), a taxpayer is not permitted to submit GSTR-3B if a GSTR-1 for the same tax period has not been submitted on the due date.
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Today, if you toss a coin in the middle of the market and ask anyone that whether GST is good or bad, a common man will yell his pain saying that, it’ll burn a deeper hole in his pocket. As the GST era begins, with lots of update for the professionals and businessmen, consumers have […]
The 18th GST Council Meeting was held a couple of hours before the mega launch of GST and made some important announcements, providing huge relief to the farmers. The meeting called to grant a vote of thanks without any formal agenda took up the cause of the farmers and reduced the reduced the tax rate […]
The most talked, the most tweeted, the ever trending topic from the galleries of Dalal Street to the Houses of Parliament, from the tea gardens of East to the coffee plantations of South, GST is here to kick-start its journey. It is now few hours left for the historic GST to be launched in a […]
