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News GST

  • Sep 20, 2017
  • Government may waive off interest, penalty on late filing of GSTR-3B: ET Now

    Government might waive off interest and penalty on late filing of GSTR-3B for August in lieu of load on GSTN, ET Now has reported quoting sources. GSTR 3B is a simple return form introduced by the CBEC for the month of July and August, following the roll out of the Goods and Services Tax from July 1. Earlier Revenue Secretary Hasmukh Adhia ruled out any further extension of timeline after December for filing GSTR-3B tax returns by businesses. The GST Council had earlier allowed businesses to file GSTR-3B, a summarised return, till December.

    Source - http://economictimes.indiatimes.com