The dispute concerned reversal of ITC based solely on mismatch between GSTR-2A and GSTR-3B. The High Court held that failure to consider the CBIC Circular prescribing the procedure vitiated the order ...

The best way to ensure you don’t face GST notice or scrutiny is simple: keep your outward liability, inward tax/ITC, and third-party data (2A/2B, e-way bill, TCS, imports) aligned. Below are the most ...

Countries implementing value-added tax with credit mechanisms are grappling with the global menace of input tax credit frauds. In an attempt to curb this menace, the GST law introduced various ...

Refund of accumulated tax credit related to imports and inward supplies liable to reverse charge will be cleared by field offices even if the same is not reflected in purchase return Form GSTR-2A, the ...

Finance Ministry on Wednesday clarified by businesses can claim GST refunds by simply submitting a printout of 'GSTR-2A' form to tax authorities instead of giving all purchase invoices of a month.

GST reconciliation mainly includes matching the data uploaded by the traders or sellers with those of the recipient's purchase data. This principally includes comparing the GSTR-2A/2B auto-populated ...

The Central Board of Indirect Taxes & Customs (CBIC) stated on Tuesday that Infosys reported a glitch in the “generation of April 2022 GSTR-2B and auto-population of GSTR-3B on portal”. It added that ...

Once a taxpayer files GSTR-1 by October 10, the corresponding entries in GSTR-2A of his buyer will get auto-populated. The government on Monday said the deadline for filing the first of the ...

The government has recently made some changes in the GST return filing system. The return forms proposed earlier called the RET forms with ANX (annexures) have been shelved. The existing GST returns ...