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GST Return Filing May Get Simpler! CBIC Invites Suggestions on Proposed GST Return Changes

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Introduction Goods and Services Tax (GST) compliance is an important responsibility for businesses, traders, service providers, and tax professionals across India. Regular GST return filing, invoice reconciliation, Input Tax Credit (ITC) adjustments, and tax liability reporting require careful attention and accurate documentation. To make GST compliance more convenient and efficient, the Central Board of Indirect Taxes and Customs (CBIC) has invited suggestions on proposed changes to the GST return filing system. These proposed improvements aim to simplify return filing procedures, improve coordination between different GST returns, and provide greater clarity on important compliance requirements. The proposed changes include simplified liability corrections through GSTR-1 and GSTR-1A, improved alignment of GSTR-3B with GSTR-1 and GSTR-2B, better tracking of Reverse Charge Mechanism (RCM) and ITC reversals, and clarifications regarding Invoice Management System (IMS) reporting. The fee...
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📢 GST Due Date Alert: Understanding the Invoice Furnishing Facility (IFF)

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📅 Due Date: 13 November 2026 Goods and Services Tax (GST) compliance requires businesses to keep track of various return filing requirements and important due dates. For small taxpayers registered under the Quarterly Return Monthly Payment (QRMP) Scheme , the Invoice Furnishing Facility (IFF) is an important optional facility that can help improve the timely reporting of business transactions. Eligible taxpayers can use the IFF to furnish details of selected outward supplies during the first two months of a quarter instead of waiting until the quarterly GSTR-1 is filed. For businesses using this facility, understanding the applicable due dates, eligibility conditions and reporting requirements is essential. For the month of October 2026 , eligible QRMP taxpayers should take note of the relevant compliance deadline and ensure that invoice details are reviewed and furnished within the prescribed timeline. This article explains what the Invoice Furnishing Facility is, how it works, its ...
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🚨 GST ALERT: GSTR-3B Filing Due Date – 20th November 2026 for October 2026!

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Introduction Goods and Services Tax (GST) compliance is an essential responsibility for every registered business in India. Timely filing of GST returns not only ensures compliance with statutory requirements but also helps businesses maintain accurate financial records, avoid unnecessary penalties and manage their tax liabilities effectively. The GST filing deadline for October 2026 is approaching. Businesses registered under the regular monthly filing scheme must file their GSTR-3B return and pay the applicable GST liability on or before 20th November 2026 . GSTR-3B is an important summary return through which taxpayers declare their outward supplies, report eligible Input Tax Credit (ITC), calculate their net tax liability and discharge the applicable GST. With the due date approaching, businesses should start reviewing their sales records, purchase invoices, ITC claims and tax calculations to avoid last-minute errors. Taxla Services brings you this important GST compliance reminde...
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🚨 MCA Portal Glitches Disrupt Corporate Compliance – Important Relief for Businesses!

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The Ministry of Corporate Affairs (MCA) portal plays a crucial role in ensuring that companies fulfil their statutory filing obligations under the Companies Act, 2013. However, persistent technical difficulties on the MCA V3 portal have created challenges for businesses, Chartered Accountants, Company Secretaries and other compliance professionals. Frequent portal downtime, login failures, Digital Signature Certificate (DSC) validation errors and difficulties in uploading statutory forms have made it increasingly challenging to complete annual corporate filings within the prescribed timelines. Recognising the difficulties faced by stakeholders, the Ministry of Corporate Affairs has announced an extension of the filing timelines for certain annual statutory forms for FY 2025–26 through General Circular No. 05/2026 dated 24 October 2026 . This relaxation provides additional time for companies to complete their financial statement and annual return filings without additional fees within t...
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TDS/TCS Compliance Alert: Form No. 137 Due on 15th November 2026 – Complete Guide for Government Offices

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Introduction Tax compliance plays an important role in maintaining transparency and accountability in financial transactions. The Government of India has established various procedures to ensure that Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are properly reported and credited to the Central Government. As part of these compliance requirements, Form No. 137 under the Income-tax Rules, 2026 is an important monthly statement for government offices that deposit TDS/TCS through the book adjustment mechanism without producing a challan. For October 2026, the due date for furnishing Form No. 137 is 15th November 2026 . Government departments, Pay and Accounts Offices (PAOs), Treasury Officers and other concerned accounting authorities must ensure that the statement is prepared accurately and submitted within the prescribed timeline. Let's understand the purpose, applicability, filing requirements and importance of Form No. 137. 1. What Is Form No. 137? Form No. 137 i...
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📢 Income Tax Due Date Alert: Issue of TDS Certificate

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Due Date: 14 November 2026 Tax Deducted at Source (TDS) is an important part of India's income tax compliance system. Businesses, employers and other eligible deductors are responsible not only for deducting and depositing tax but also for completing the required documentation and issuing applicable TDS certificates within the prescribed timelines. For taxpayers and deductors, keeping track of important due dates is essential. Delays in TDS compliance can create unnecessary administrative difficulties and may affect the ability of taxpayers to claim the tax credit available to them. According to the applicable Income Tax provisions and Rules, deductors should ensure the timely issuance of the relevant TDS Certificate in Form No. 132 for the applicable period. The stated due date for this compliance is 14 November 2026 . Businesses should review their TDS records, verify the details of tax deducted and deposited, and ensure that all required certificates and compliance documents ar...
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GST Update: Psyllium Seeds (Isabgol) Exempt from GST from 1 November 2026 – Complete Guide for Traders and Businesses

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Introduction The Central Board of Indirect Taxes and Customs (CBIC) has introduced an important GST exemption for Psyllium Seeds (Isabgol) , providing significant relief to businesses involved in the trading, processing and supply of these agricultural products. Through Notification No. 03/2026-Central Tax (Rate), dated 27 October 2026 , the Central Government has amended the existing GST exemption schedule by inserting a new entry for Psyllium Seeds (Isobgul/Isobgol) under tariff item 1211 90 13 . This amendment comes into effect from 1 November 2026 . Corresponding amendments have also been issued under the Integrated Goods and Services Tax (IGST) and Union Territory Goods and Services Tax (UTGST) frameworks. This development is particularly relevant for agricultural traders, wholesalers, manufacturers, processors, exporters and businesses dealing with Isabgol seeds. In this article, let us understand the new GST exemption, its notification details, business implications and the impo...
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