GST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule.
The Bombay Chartered Accountant Society (BCAS) has sent a representation to the finance minister seeking urgent extension of the statutory deadline for submitting the return in Form GSTR-3B and ...
Banks now analyse GST returns, bank statements, and ITR data to assess financial discipline and repayment capacity before approving loans. The article explains how GST compliance directly impacts MSME ...