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gstr 3b


GST Portal releases updates in Forms GSTR-1, GSTR-3B & Matching Offline Tool for taxpayers in QRMP Scheme

With effect from 1st January, 2021, all taxpayers with Annual Aggregate Turnover up to Rs 5 Crore have been given an option to file their Form GSTR-1 Statement and Form GSTR-3B return on a quarterly basis. They also have an option to file B2B invoice details in Invoice Furnishing Facility (IFF) for months 1 and 2 (eg. Jan and Feb) of the quarter in order to pass on the credit, whereas the remaining invoices have to be declared in the Quarterly Form GSTR-1 of Month 3 (e.g. March). I. The salie..

Posted in news |   252 Views


GST Portal: New features of Form GSTR-2B & GSTR-3B made available to taxpayers under QRMP Scheme

1. The new features related to filing of Statement/ Returns by taxpayers under QRMP Scheme, for the quarter Jan-Mar., 2021, which has been made available to them are summarized below. 2. Auto Generation of Form GSTR-2B, for the QRMP taxpayers a) Form GSTR-2B contains details of filed IFFs (for Month M1 & M2) & filed Form GSTR 1 (for Month M3). b) Form GSTR 2B has two sections of ITC i.e. ITC available and ITC not available (which flows from the supplier's filed IFF & For..

Posted in news |   402 Views


Compliance Calendar for the month of April 2021

The new Financial year 2021-22 has began and being the first month of the financial year, April 2021 is a significant month from the point of view of the tax compliance and other statutory due dates for ROC filing, GST return filings and Income tax filing falling in the month of April 2021. Tax Compliance and Statutory Compliance calendar is helpful for every registered business and professional to be ready for compliance well in advance starting. Here, we have prepared a Compliance Calendar ..

Posted in articles |   2 comments |   12870 Views


GSTN issues advisory for quarterly taxpayers to file GSTR 3B for the quarter Jan-Mar, 21

  Quarterly taxpayers are able to see the GSTR 3B tile for Jan, Feb and Mar 21.  They are requested to file GSTR 3B for the quarter Jan-Mar, 21 using tile for Mar, 21. The tile for Jan and Feb is being removed. ..

Posted in news |   10590 Views


GSTN | Due dates for filing of Form GSTR-3B from the Tax Period of January, 2021

1. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No 82/2020 – Central Tax, dated 10th Nov., 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017, to provide for staggered filing of Form GSTR-3B, for the tax periods from January, 2021, onwards, as under:    Sl.No. Class of registered persons who have Opted for Having principal place of business in the State/ UT of Due date ..

Posted in news |   4218 Views


Invoice Furnishing Facility (IFF) under QRMP scheme of GST

The Invoice Furnishing Facility (IFF) is an optional facility provided to the taxpayers under the QRMP Scheme (Quarterly Return and Monthly Payment Scheme which allows the taxpayers to file GSTR-3B on quarterly basis and pay tax on monthly basis). Under IFF taxpayers may furnish their B2B (only) invoices for the FIRST and SECOND month of the quarter so that the ITC can be passed on to the recipients. Suppliers can upload the details in the IFF Online tools OR through JSON file ge..

Posted in articles |   5 comments |   1896 Views


Due dates for filing of Form GSTR-3B from the Tax Period of January, 2020

Due dates for filing of Form GSTR-3B from the Tax Period of January, 2020 1. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No 82/2020 – Central Tax, dated 10th Nov., 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017, to provide for staggered filing of Form GSTR-3B, for the tax periods from January, 2021, onwards, as under:   Sl.No. Class of registered persons who have Opted for ..

Posted in news |   4302 Views


16.5 lakhs returns filed on 20th of Jan 2021 till 7 PM on GST Portal

  A total number of 16.5 lakhs returns (including GSTR3Bs) were filed on 20th of Jan 2021 till 7:00 PM on GST Portal. During the entire day brisk filing activity was observed and is continuing as of now ..

Posted in news |   816 Views


QRMP scheme launched for taxpayers up to Rs. 5 Cr turnover

Quarterly Return Monthly Payment (QRMP) scheme launched. Now taxpayers up to Rs. 5 Cr turnover have the option to file their GSTR-1 and GSTR-3B returns quarterly. ..

Posted in news |   2 comments |   11565 Views


CBIC reminds taxpayers with Aggregate annual Turnover of up to Rs. 5 crore to file GSTR-3B on or before 22nd Jan 21

Attention GST Taxpayers whose aggregate annual turnover is up to Rs. 5 crore during FY 2019-20 and having principal place of business in State Group 1. Remember to file your monthly GSTR-3B Return for December, 2020 on or before January 22, 2021. ..

Posted in news |   1134 Views


CBIC reminds taxpayers with Aggregate Turnover of more than Rs. 5 crores to file GSTR-3B by 20th January 2021

Attention GST Taxpayers whose Aggregate Annual Turnover is more than Rs. 5 crores during FY 2019-20!  Remember to file your monthly GSTR-3B Return for December, 2020 on or before January 20, 2021. ..

Posted in news |   3 comments |   24261 Views


Due dates for filing of Form GSTR-3B for the Tax Period of December, 2020

Due dates for filing of Form GSTR-3B for the Tax Period of December, 2020 1. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No. 82/2020 – Central Tax, dated 10th Nov., 2020, has inserted sub rule 6 in Rule 61 of the Central Goods and Services Tax Rules, 2017, to provide for staggered filing of Form GSTR-3B, for the tax period of December, 2020 as under:   Sl. No Taxpayers with aggregate turn..

Posted in news |   6345 Views






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