GSTR-1 vs GSTR-3B difference is one of the most common areas of confusion among GST taxpayers in India. GSTR-1 vs GSTR-3B difference is one of the most common areas of confusion among GST taxpayers in India. A large number of GST-registered taxpayers, especially small businesses and first-time filers, struggle to understand why they have to … Read more
The recent directions issued by various High Courts to the IT Department regarding GST input verification have major implications for taxpayers, especially businesses claiming Input Tax Credit (ITC). With growing disputes, delayed refunds, and mismatches between GST and income-tax data, the judicial intervention aims to bring consistency, transparency, and fairness into the verification process. In … Read more
The Goods and Services Tax (GST) regime aims to bring transparency and compliance across businesses in India. However, one of the most serious actions the GST department can take against a taxpayer is freezing or blocking their bank account. This can immediately halt business operations, block payments, and disrupt cash flow. If your bank account … Read more
How to Cancel GST Registration Online If you no longer run your business, have closed operations, or your turnover has fallen below the GST threshold, you can apply for GST cancellation online. Follow the steps below: Step 1: Visit GST Portal Go to the official GST portal:➡️ gst.gov.in Step 2: Log in to Your Account … Read more
India’s Goods and Services Tax (GST) system has now become one of the most significant pillars of the country’s fiscal framework, contributing massively to the national revenue and economic growth. The steady rise in GST collections over recent months highlights India’s strong consumption trends, robust compliance, and better tax administration. Moreover, these trends also serve … Read more
India’s Goods and Services Tax (GST) collections for October 2025 have once again crossed the ₹2 lakh crore mark, registering a 4.6% year-on-year increase to reach ₹2.11 lakh crore. What makes this growth noteworthy is that it comes despite multiple tax cuts and rationalizations implemented by the GST Council in recent months to support consumers … Read more
Returns Pending Over 3 Years to Become Time-Barred from November Tax Period – Why Businesses Must Act Now In a major compliance update, the Goods and Services Tax Network (GSTN) has announced that returns pending for more than three years will soon become time-barred. Starting from the November 2025 tax period, taxpayers will no longer … Read more
Major Changes in GST Invoice Management System (IMS) The Goods and Services Tax (GST) framework in India continues to evolve, ensuring greater transparency, efficiency, and compliance. One of the major updates for taxpayers this year is the revamp of the GST Invoice Management System (IMS) effective from the October 2025 tax period. The Central Board … Read more
Introduction The Goods and Services Tax (GST) is a unified tax system in India that simplifies indirect taxation. Every registered taxpayer under GST is required to make timely GST payments to avoid penalties and maintain compliance. In this article, we’ll explain what GST payment is, how to make it online, available payment modes, and due … Read more