GSTR-3B

Can modifications in GSTR-3B format put an end to fake invoicing menace?

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[ad_1] By Archit Gupta  Credit and Finance for MSMEs: The fraudulent Input Tax Credit (ITC) claims have been on the rise, especially with the uncovering of many fake firms which were set up to issue fake invoices. This may have prompted the government to consider a revision in the GSTR-3B format to curb and combat …

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Govt mulls extending April GST payment deadline; asks Infosys to fix glitch

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[ad_1] New Delhi: As taxpayers face technical glitch on the GST portal, the government on Tuesday said it is considering extending the April tax payment deadline and has directed Infosys for early resolution of the problem. The Central Board of Indirect Taxes and Customs (CBIC) said a technical glitch has been reported by Infosys in …

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