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Advisory and various communications have already been issued time to time to inform the taxpayers regarding furnishing the details of a valid Bank Account detail in the GST Registration.
The Hon’ble Madras High Court in Veeran Mehhta directed the disposal of the Order dated January 22, 2024, which was based on a belatedly filed Form GSTR-1, for the wrong assessment period. The Court further held that no recovery or coercive measures could be initiated until the Assessee’s rectification petition was resolved.
The Honorable Madras High Court in the case of Southern Engineering Services allowed the writ petition and set aside the Assessment Order and opined that the assessment order is liable to be quashed in case where Assessee incorrectly reported turnover in GSTR-1 as taxable supply but correctly reported in GSTR-3B.
Tax on credit notes issued taken in ITC in place of entering in GSTR-1
The Hon’ble Madras High Court in the case of Southern Engineering Services allowed the writ petition and set aside the Assessment Order thereby holding that, the Assessment Order is liable to be quashed in case where Assessee incorrectly reported turnover in GSTR-1 but correctly in GSTR-3B.
The Government has extended the due date of filing for March 2024 period to 12.04.24 for monthly taxpayers vide notification no. 09/24 – central tax dated 12.04.2024
GSTR-1 due date extended by one day 12.04.2024 due to technical glitch in GST portal on 11.04.2024
Due date for filing of GSTR-1 for the monthly taxpayers be extended by a day ie till 12.04.2024.
New option added in “Table 12 – HSN wise summary of outward supplies” in GSTR 1 for Tax Payers generating e-invoices.
It is informed to all taxpayers that as per Notification No. 26/2022 – Central Tax dated 26th December 2022 two…