Businesses to get reasonable time to explain reasons for mismatch in GSTR-1, 3B
Tax officers will give reasonable time to erring business to explain reasons for mismatch in turnover reported in sales return GSTR-1 and tax payment form 3B before initiating recovery action for short payment or non-payment of taxes.
Jan 09, 2022, 13:54 PM ISTGST refunds of Rs 11,052 crore cleared; 29,230 claims disposed of
The finance ministry had on April 8 said that to provide relief during COVID-19 it has been decided to issue all pending GST and custom refunds which would benefit around 1 lakh business entities, including MSME.
May 25, 2020, 15:39 PM IST