The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from ...

Last month, the GST Council had recommended providing a new optional facility by way of form GSTR-1A to facilitate the taxpayers to amend the details in form GSTR-1 for a tax period and/ or to declare ...

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.

The tax department should permit businesses to correct accidental or legitimate errors in their GSTR-1 forms, the Bombay High Court stressed on Thursday, especially if the corrections do not incur any ...

The tax department needs to avoid unwarranted litigation and make the system more assessee-friendly, observed the Bombay High Court. The court also stated that the tax department should permit ...

The finance ministry has notified the GSTR-1A form which will give an option to taxpayers to amend outward supply or sales return form. Last month, the GST Council had recommended providing a new ...

The Ministry of Finance has notified the GSTR-1A form which will give an option to taxpayers to amend outward supply or sales return form. Also Read: June’s GST revenue growth slows to three-year low; ...