TaxAvant

The Central Board of Indirect Taxes & Customs (CBIC) has recently enabled new functionalities for Taxpayers liable to file GSTR-8 as well as for Composition Taxpayers effecting supplies through E-Commerce Operators in the wake of Covid-19.These Changes aims at easing the process of furnishing of Return under Form GSTR-8 by the E-Commerce Operators.Detailed Explanation of the Changes is as follows: Provision to make amendment, multiple times, in Table 4 of Form GSTR-8 Earlier, if no action was taken on TCS details, auto-populated in TDS/TCS credit form, by the supplier or if the same were rejected by them in the said form, the TCS (e-commerce operators) could amend the details only once. Based on requests received from stakeholders, the restriction of amending the transaction details only once, in the table 4 (i.e. amendment table) of Form GSTR-8, has now been removed. Thus, details of table 4 (i.e. amendment table) of Form GSTR-8, can now be amended multiple times, by e-commerce op