Mastering GSTR-1 & 3B Filing: Changes & Intimations DRC-01B, DRC-01C, DRC-01D
Be Extra careful before filing GSTR-1 and GSTR-3B
Links referred in video:
1) https://taxupdates.cagurujiclasses.co...
2) • New Return under GST - DRC01B | DRC-0...
3) https://cagurujiclasses.com/courses/g...
🔔 Stay Informed: New Changes in GSTR-1 & 3B Filing from August 2023! 🔔
In this insightful video, we uncover the driving force behind recent changes in the GST law. The catalyst? The 50th GST Council meeting, which has given rise to a series of fresh notifications aimed at refining the GST landscape. Among the pivotal developments are the introduction of three new GST return compliances: DRC-01B, DRC-01C, and DRC-01D. These arise to tackle discrepancies between GSTR-1, GSTR-3B, and GSTR-2B.
Why is this crucial for every GST-registered entity? The answer lies in the potential ramifications. Precision in filing GSTR-1 and 3B is now more imperative than ever. Should discrepancies arise, understanding the rationale behind these changes becomes paramount. Equipped with this insight, businesses can effectively respond to issued intimations, which could take the form of DRC-01B, DRC-01C, or DRC-01D.
Join us to unravel the intricacies of these modifications and grasp their implications. Whether you're a seasoned taxpayer or new to the GST realm, this video equips you with the knowledge to navigate the evolving compliance landscape with confidence
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