Page Contents
The Goods and Services Tax Network issues Advisory on New Tables added in GSTR-1 which are made live on the GST portal. Tables 14 & 15 have been added in GSTR-1 for disclosure of supplies made through E-commerce operator (ECO).
Goods and Services Tax Network advisory provides clarification on disclosure in cases such as:
✅ Where the supplier & recipient are registered
✅ Where-the supplier is registered, but recipient is not
✅ Where recipient is registered, but supplier is not
✅ Where-both supplier & recipient are unregistered
Further, values shown by the ECO in Table 15 would be auto-populated in Table 3.1.1(i) of GSTR-3B. This ensures reconciliation between GSTR-1 & GSTR -3B.
New cheque clearing process in India starting from October 4, 2025 Existing System (Until Oct 3, 2025) : Clearing Method:… Read More
Overview on Tax Treatment on Gratuity in India What is Gratuity? Gratuity is a lump sum paid by an employer… Read More
Taxation Comparison: Gold Coin vs Gold Jewellery Tax Aspect Gold Coin Gold Jewellery ITR Reporting Treated as a capital asset.… Read More
Crypto Taxation & ITR Reporting Guide Tax on Profits from Crypto (Virtual Digital Assets)- Taxation U/s 115BBH Applicability on Virtual… Read More
Savings Account – Rules for Transactions to Avoid Income Tax Scrutiny The Income Tax Department monitors high-value transactions through banks’… Read More
Quick Guide on GST Marginal Scheme What is GST Marginal Scheme Meaning : The GST Margin Scheme is applicable primarily… Read More