GST Reporting requirements

All,

Please can someone confirm if there has been many changes in GST reporting and filing returns during the FY 2020-21 compared to FY 2019-20. Were there many and frequent changes in the requirements.

Thank you

Regards

Replies (2)
Quick Summary
This discussion addresses changes in GST reporting and filing requirements for the Financial Year 2020-21, comparing it to FY 2019-20. Key updates include modifications to the quarterly filing scheme, with GSTR-3B now filed quarterly from January 2021. A new form allows quarterly filers to upload B2B invoices for buyer ITC claims, and GSTR-2B auto-populates ITC into GSTR-3B.

There has been a change in quarterly filing scheme. From January 2021 under quarterly scheme GSTR-3B is also filed quarterly. There is also a form for quarterly filers where they can upload b2b invoices so that their buyers can take ITC.

There is a new form GSTR-2B from which ITC gets auto populated in GSTR-3B

Apart from this please ask specific query

Agree

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