GST returns of Corporate Entities – GSTR 1, GSTR 3B verification through OTP allowed

The government has provided relief to GST taxpayers from a physical visit to tax office for verification of digital signature required on return forms. The Central Board of Indirect Taxes and Customs has allowed taxpayers to file return forms GSTR-1 and GSTR 3B through an electronic verification code (EVC) that would be a kind of one time password (OTP). This would eliminate the need to verify the returns forms filed by taxpayers through digital signature by visitation to GST offices. According to the CBIC notification, EVC facility to authenticate returns filed under the two forms will be available to taxpayers during the period from 27 April 2021 to 31 May 2021.

ITC on CSR activities

company cannot claim Input Tax Credit (ITC) on CSR activities as CSR activity expenses are not allowable in Incometax.

Hence ITC cannot be claimed.
(Polycab wires pvt.ltd
2019 24 GSTL 103 AAR KAR)

GST Annual Return FY 2018-19

CBIC has issued 5 notifications dated 5th May 2020 compiled summary below

  • Notification No. 38/2020 | NIL Return Via SMS & OTP/ EVC for Company.
  • Notification No. 39/2020 | Company under Insolvency.
  • Notification No. 40/2020 | Validity of E-Way Bill.
  • Notification No. 41/2020 | Annual Return and Audit Extension for FY 2018-19.
  • Notification No. 42/2020 | GSTR-3B | Jammu and Kashmir & Ladakh.