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GST Return Filing Pendency Needs to Cleared Soon: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) asked businesses to make sure that their due taxes need to be filed as not doing that might prevent them from the transportation of goods.

Rectify GST Return Filing Defaults

The assessee whose income is more than Rs 5 crore in the last financial year are advised to file their pending taxes said CBIC “Such taxpayers who have two or more GSTR-3B returns pending will not be able to generate part A of GST e-way bill Get to know about GST E Way bill and its generating process through online and SMS in a simple manner. Also, we have attached original screenshots of official E way bill portal for better understanding from 15 October,”

To and across the state the E-way bills are required to transport goods worth more than Rs 50,000. This will keep an eye without physical interference on the transportation of goods.

To block the e-way bills is an anti-evasion technique done by the GST officials in the previous year and the result for it should now assist to see the tax evasions cases and to follow it adequately. If problems have faced in filing taxes than which includes technical halts, the act permits the businesses for obtaining the exemption permission from the Commissioner.

When the tax collection is below the target the GST officers are strictly following the measures through leverages. From the start of this month for the B2B transactions A helpful GST guide for consumers, B2B (Business to Business) and B2C (Business to Consumer) by SAG Infotech. We also included some important GST articles. read more, the portal for e-invoicing or submission of sales invoice has been created for the Hugh business houses.

“Goods and Services Tax (GST) collections, in total, are still way below the targets set by the authorities. But, their efforts to improve compliance, the introduction of e-invoicing, check on excessive use of input tax credits and measures to avoid frauds are helping to gather the momentum back on track,”

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Arpit Kulshrestha
Arpit Kulshrestha seeks higher interests in financial services, taxation, GST, I-T, etc. Writes articles with depth knowledge and is extensive for the same. The resources provide effective articles for the products of SAG infotech which provides taxation and IT software. Writing from observations and researching makes his articles virtuous. View more posts
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