GST Articles

Negative Impact of the GST Portal's New Invoice Management System on Quarterly Return Filers

CA Manoj Gupta 26 November 2024 at 08:40

The Goods and Services Tax (GST) portal has recently introduced a significant update in the form of an Invoice Management System (IMS).

Analysis of a Special Procedure for the Rectification of Orders Notified Under Section 148 of the CGST Act, 2017

Pounraj Ganesan 23 November 2024 at 14:10

Relief from demand raised due to wrong availment of ITC for FY 2017-18, 2018-19, 2019-20 and 2020-21 in Contravention of Section 16(4)

RCM on Rent for Family-Owned Properties: Impact of Notification No. 09/2024

Joseph Amal T A 21 November 2024 at 08:45

Impact of Notification No. 09/2024 on RCM for Rent Paid to Unregistered Persons: A Discussion on Family-Owned Commercial Properties

Landmark Ruling by Allahabad High Court: Goods Under GST Cannot Be Seized for Route Deviation

CA Naveen Panwar 21 November 2024 at 08:38

In a significant judgment, the Allahabad High Court, in the case of Exide Industries Ltd. v. Addl. Commissioner Grade-II (Appeal)-1, delivered on July 9, 2024, ruled that goods transported under the GST regime cannot be seized or penalized solely due to a vehicle deviating from its expected route.

Clarification on Non-Generation of GSTR-2B for October 2024

CA Naveen Panwar 20 November 2024 at 13:56

Recently, some taxpayers reported issues with the generation of GSTR-2B for the October 2024 tax period, citing its absence from the GST portal on November 14, 2024.

Resolving Gaps Between GSTR-2B and GSTR-3B Data

Mitali 19 November 2024 at 15:19

If you have observed that there are discrepancies between GSTR-2B and GSTR-3B or GSTR-2B is not generated, then you can look for these steps to re-compute it

Understanding the New IMS (Invoice Management System) on GST Portal

CA Umesh Sharma 19 November 2024 at 08:38

IMS allows recipient taxpayers to take various actions like accept, reject, or keep invoices pending based on the records uploaded by their suppliers in GSTR-1 or IFF. This gives recipients control over their Input Tax Credit (ITC) eligibility before filing GSTR-3B.