Diabytes
GST filing News
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In its advisory on June 7, GSTD said that from the July 2025 tax period, the monthly GST payment form GSTR-3B will become non-editable. Additionally, taxpayers will also not be allowed to file any GST returns after three years from their original due dates.
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It is important to note that State Bank of India (SBI) customers must link their Permanent Account Number (PAN) with their Aadhaar by September 30.
The LPG cooking gas prices are going to increase in the month of September
Axis Bank will implement the same from September 1 onwards.
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With the facility of SMS getting activated, taxpayers with NIL liability need not log on to the GST portal and would be able to file their NIL returns through a SMS on "14409".
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The meeting comes at a time when Goods and Services Tax (GST) collections achieved its record high by exceeding Rs 1 lakh crore milestone in April.
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The Union Finance Minister Arun Jaitley-chaired council, comprising state finance ministers, will meet through video conferencing.
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GSTN Chairman Ajay Bhushan Pandey-headed panel comprises tax commissioners of Karnataka, Gujarat, Andhra Pradesh and Punjab and senior officials from the Department of Revenue and the CBEC.
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The government had earlier waived late fee for delayed filing of the maiden returns for the month of July under the Goods and Services Tax (GST) regime.
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The chamber also suggested that no penal action should be taken against the trade and industry by the revenue department in the initial six months of the GST launch.
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The Prime Minister also asked officers to use data analytical tools to proactively track and determine undeclared income and wealth.
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Under the GST regime, which was implemented from July 1, businesses are expected to file the monthly tax return.
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The GST Council, chaired by Finance Minister Arun Jaitley and comprising state counterparts, had in June allowed businesses extended timeline for filing final GST returns in forms GSTR-1, GSTR-2 and GSTR-3 for July and August.
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Navin Kumar, chairman of the GST Network, also said barely half of the 34 service providers accredited to help firms bulk-file invoices online had received approval to go live.
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