Tag: GST Filing

Discover the complete guide to GST filing, including GSTR forms, deadlines, and filing procedures. Make GST compliance easier with our resources.

gstr 9c late fee waiver till march 2025

Big Relief for Taxpayers: CBIC Waives Late Fees for GSTR-9C

Jayendra Gaonkar, GST Practitioner & Tax ConsultantLeave a Comment on Big Relief for Taxpayers: CBIC Waives Late Fees for GSTR-9C

The CBIC issued Circular No. 246/03/2025-GST on January 30, 2025, clarifying the late fees for delays in submitting the reconciliation statement in FORM GSTR-9C. The circular addresses stakeholder concerns about late fees under section 47 of the CGST Act, 2017. Download Updated GSTR-9C Format in Excel & PDF Key Points of the Circular: Conclusion: This […]

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GST Invoice Wise Reporting Limit Reduced from 2.5 Lakh to 1 Lakh

Jayendra Gaonkar, GST Practitioner & Tax ConsultantLeave a Comment on GST Invoice Wise Reporting Limit Reduced from 2.5 Lakh to 1 Lakh

According to Notification No. 12/2024 – Central Tax, dated July 10, 2024, the Government has revised the threshold Limit for reporting invoice-wise details of inter-state taxable outward supplies made to unregistered dealers, lowering it from ₹2.5 lakh to ₹1 lakh. This information should be reported in Table 5 of Form GSTR-1 and Table 6 of […]

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E-Invoice In GST: An Electronic Invoicing with Revised Limit

Jayendra Gaonkar, GST Practitioner & Tax Consultant

Introduction: The GST Council introduced the E-invoicing concept in its 35th GST Council meeting. The council approved the standard format of e-invoice in its 37th GST Council meeting held on 20th Sept 2019. It decided to implement the e-invoicing system from 01.01.2020 on a voluntary basis. Later in 2020, it made mandatory to issue an […]

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