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In another important update, GSTN said that starting from July 2025, taxpayers will not be able to file any GST return if it ...
6. If you are filing a non-nil return, the System Generated Summary for GSTR-3B will be displayed. To see Form GSTR-3B, close this window. Then, in Form GSTR-3B, click the System Generated GSTR-3B ...
GST Return: Businesses with a nil GST liability in a month will be able to file their return through form GSTR-3B using this SMS-based facility. The GST Network or GSTN has come out with a step-by ...
Chartered Accountant Abhishek Soni, co-founder, Tax2Win explains the penalty and interest which needs to be paid if GSTR-3B is filed after the deadline: 1. Late Filing Penalty Nil Return ...
NIL return in FORM GSTR-3B By using the similar steps taxpayers can file their NIL return in FORM GSTR-3B also however they need to use 3B instead of R1 in their SMS to 14409. For more details, one ...
GSTR-3B is basically a summary return of outward supplies ... the taxpayer is required to pay Rs 50 per day from the due date while in case of nil returns, the late fee applicable would be Rs ...
which means NIL tax liability. GSTR-1 and GSTR-3B are two key return forms that need to be filed by GST assesses. GSTR-1 is related with total liability while GSTR-3B shows how much tax has been paid.
Form GSTR-3B needs to be filed by a taxable person under GST for submitting ... Sale of goods/ providing services which are not zero rated, nil rated or exempted. Sale of goods/ providing services ...
CBIC said that the government has decided to cap the maximum late fee for filing GSTR-3B returns for the tax period ... has allowed traders to file their NIL GST monthly returns via mobile SMS ...