[ad_1] What is Common errors in filing of GSTR returns which needed to avoid. Prior to the GST regime, there was the VAT system, which enabled for returns to be amended if an error was detected. Despite the fact that the GST Act has been in effect for three years, those who are registered under it […]
GSTR-2B – GST ITC available when reflected in GSTR 2A/2B
[ad_1] GSTR-2B : Hon’ble Finance Minister, Nirmala Sitharaman, in the Budget 2021-22, proposed changes through the Finance Bill, 202 to include a new condition for availing ITC under the Central Goods and Services Tax Act, 2017 amends. The new condition for availing ITC is as follows: “In section 16(2) of the CGST Act, after clause […]