GSTR-1 can be rectified post due-date of furnishing details of outward supplies under Section 37(1) of the CGST Act

GSTR-1 can be rectified post due-date of furnishing details of outward supplies under Section 37(1) of the CGST Act https://www.taxtmi.com/article/detailed?id=12222 The court held that limits on rectification of Form GSTR-1 must not be interpreted to bar bona fide corrections; taxpayers should be allowed to amend outward supply details post the statutory due date so accurate information is placed on record, and revenue authorities should permit such amendments by online or manual means, subject to payment of any tax and interest where short payment arises. en-us Tue, 16 Jan 2024 09:55:04 +0530 Tue, 16 Jan 2024 09:55:04 +0530 TaxTMI RSS Generator GSTR-1 can be rectified post due-date of furnishing details of outward supplies under Section 37(1) of the CGST Act https://www.taxtmi.com/article/detailed?id=12222 The court held that limits on rectification of Form GSTR-1 must not be interpreted to bar bona fide corrections; taxpayers should be allowed to amend outward supply details post the statutory due date so accurate information is placed on record, and revenue authorities should permit such amendments by online or manual means, subject to payment of any tax and interest where short payment arises. Articles Goods and Services Tax - GST Tue, 16 Jan 2024 09:55:04 +0530 https://www.taxtmi.com/article/detailed?id=12222