The issue concerns confusion regarding the purpose and sequencing of GSTR-1 and GSTR-3B filings. The key takeaway is that GSTR-1 should be filed first to ensure proper ITC flow and avoid ...
Missing GST return deadlines triggers late fees under Section 47 and interest under Section 50, both calculated separately. Understanding the applicable rates, caps, and filing sequence can help ...
Several GST practitioner and tax professional associations across the country have urged tax authorities to extend the filing deadline for GSTR-9 and GSTR-9C for the financial year 2024–25. Currently, ...