- GST taxpayers can now amend sales return form GSTR-I before payment of taxes
- A new optional facility called Form GSTR-IA has been introduced for this purpose
- Taxpayers can use GSTR-IA to add or amend details in GSTR-I for a tax period
- GSTR-IA must be filed before filing return in GSTR-3B for the same tax period
- This will help taxpayers ensure correct liability is auto-populated in GSTR-3B
- Taxpayers with annual turnover up to Rs 5 crore can file GSTR-I quarterly within 13 days of the end of the quarter
Source: timesofindia.indiatimes.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
