GSTR-3B, initial summarised return, has to be filed by businesses by 20th day of every month for the previous month showing details of taxes paid. (PTI) The Finance Ministry has permitted businesses ...

A pertinent question that has arisen since the inception of GST is whether a taxpayer can rectify errors in returns once they have been filed. Under the Income-tax Act, specific provisions expressly ...

Tax payers can now view the status of the returns filed by them on the GST Network portal, the company handling the technology backbone of the new indirect tax system said today. (Image Credit: GST ...

New Delhi: The Finance Ministry has permitted businesses to rectify mistakes in their monthly returns - GSTR-3B - and adjust tax liability, a move that will help them file correct returns without fear ...

Madras HC directed appropriation of IGST wrongly paid under the wrong head towards CGST and SGST liability and set aside the contrary rectification ...

Starting July 2025, the GSTN will make the GSTR-3B form non-editable to enhance consistency and reduce revenue leakages. Taxpayers must use GSTR-1A to amend outward supplies before filing GSTR-3B.

CBEC said while making adjustments in the output tax liability or input tax credit, there can be no negative entries in GSTR-3B GSTR-3B, initial summarised return, has to be filed by businesses by ...