The government has required businesses to check monthly GST returns filed until May 31 using an elec
tronic verification code. The Central Board of Indirect Taxes and Customs (CBIC) stated in a notification that any registered individual may furnish the return in Form GSTR-3B and details of outward supplies in Form GSTR-1 checked via an electronic verification code during the period April 21, 2021, to May 31, 2021. (EVC).
Businesses must now digitally sign the GSTR-3B form whenever filing their monthly returns and paying their taxes. Businesses have been unable to produce a digital identity as a result of the lockdown, which has caused delays in filing returns. "GST officials have finally provided the first COVID induced relief during the second wave of the pandemic," AMRG & Associates Senior Partner Rajat Mohan said.
Thousands of taxpayers who were unable to visit offices to obtain digital signature certificates during the lockout will now be able to file monthly compliances via EVC until May 31, according to Mohan. This is a good relief in these hard times, where many people might not be able to use DSC to file GST Returns, said EY Tax Partner Abhishek Jain.
Bihar budget has a different twist in comparison to other budgets since this is the first budget after the Bihar elections. The NDA government announced a Rs 2.18 lakh crore budget for 2021-22
Former BJP MP Dhananjay Mahadik and two others booked for violation of COVID-19 norms at the marriage reception of Mahadik's son.