GST Updates:
- Reporting of HSN codes in Table 12 and list of documents in table 13 of GSTR-1/1A
- Invoice Management System (IMS)
- Electronic Credit Reversal and Reclaimed statement
- GSTN issued important advisory on Online Compliance Pertaining to Liability / Difference Appearing in R1 – R3B (DRC-01B)
- Advisory on opting for payment of tax under the forward charge mechanism by a Goods Transport Agency (GTA)
- Advisory on New e-Invoice Portal
- Introduction of Negative Values in Table 4 of GSTR-3B
- Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns
- Advisory on taxpayers facing issue in filing GSTR-3B
- Sequential filing of GSTR-1 & filing of GSTR-1 before GSTR-3B on GST Portal
- Reversal of ITC availed along with interest.
- Implementation of mandatory mentioning of HSN codes in GSTR-1
- Time Limit to avail GST ITC extended till 30th November of Next Financial year.
- E-invoice mandatory for turnover above 10 crore from 02nd October, 2025
- GST Portal enables Single Click Nil Filing of GSTR-1
