You Can Now Check The Status Of Your Filed Returns On GSTN Portal

You Can Now Check The Status Of Your Filed Returns On GSTN Portal
GST Network portal can now be used by taxpayers to view the status of returns filed by them. The status of all returns like GSTR-1 or GSTR-3B can be accessed at one place by logging in to the portal.You Can Now Check The Status Of Your Filed Returns On GSTN Portal

GSTR-1 is a monthly return that summarizes all sales of a taxpayer while GSTR-3B is a monthly self-declaration that has to be filed by a registered dealer by the 20th day of the succeeding month.

Quarterly filing of GSTR-3B has been allowed for businesses with a turnover of up to Rs. 1.5 crore. The same for the period July-September should be done by 31st December. For those exceeding Rs. 1.5 crore, businesses will have to file GSTR-1 for July-October by 31st December.

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GSTN had previously provided taxpayers with the functionality to claim a refund on the export of services with tax payment, Input Tax Credit(ITC) accumulated due to inverted tax structure and on account of supplies made to SEZ unit/SEZ developer.

 

 

Source:- goodreturns

 

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