On September 17, 2025, the government announced an exemption for certain small businesses and professionals, allowing them full exemption from filing Goods and Services Tax (GST) annual return, which ...

The Bombay Chartered Accountants' Society (BCAS) has requested for at least a three month deadline extension of the Goods and Services Tax (GST) annual return using GSTR-9 and GSTR-9C form for FY 2024 ...

While GST simplified taxation in many ways, it also introduced complex compliance requirements involving invoice management, ...

Missing GST return deadlines triggers late fees under Section 47 and interest under Section 50, both calculated separately. Understanding the applicable rates, caps, and filing sequence can help ...

The Madras High Court held that failure to file the annual return in Form GSTR-9 attracts late fee under Section 47(2) of the CGST Act. It further ruled that penalty under Section 125 is permissible ...