Negative Values in Table 4 of GSTR-3B

Introduction of Negative Values in Table 4 of GSTR-3B The Government vide Notification No. 14/2022 – Central Tax dated 05th July, 2022 has notified few changes in Table 4 of Form GSTR-3B for enabling taxpayers to report correct information regarding ITC availed, ITC...

Liability of Company under MSMED Act

MSMEs (Micro Small and Medium Enterprises) contribute towards the success of the entire economy. Their Annual contribution is close to 35% to India’s GDP, therefore the government always tries to incentivize them. Regulating the Credit Period is an important...