Other Important Updates for GST in GST Council Meeting

GSTR-3B GST Return Filing can be revised

GSTR-3B GST Return Filing can be revised

An important update for taxpayers as GSTR-3 GST Return Filing can be now revised. The change will lessen the problem of phony invoicing, in which sellers report suppressed sales on GSTR-3B to reduce GST payment while reporting greater sales on GSTR-1 to allow buyers to claim input tax credit. This article discusses all the important … Read more