GoM on GST rate rationalisation to meet on Sept 25 to discuss slab, rate tweaks
The ministerial panel on GST rate rationalisation will meet on September 25 in Goa to discuss potential changes to tax…
Tag: GST
Input Tax Credit (ITC) allowable on demo vehicles: CBIC Clarifies
CBIC has issued Circular No. 231/25/2024-GST dated 11th September,2024 wherein it has majorly clarified that input tax credit (ITC) is…
Sec 128A on waiver on intt , penalty applicable from 1st Nov, New Rule to be inserted
Based on the recommendation of GST Council, after considering the difficulties faced by the taxpayers during the initial years of…
GSTN issues advisory for authentication / verification for GST Registration
GSTN has issued Advisory No. 519 dated 6th September, 2024 for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of…
All about GST under reverse charge mechanism (RCM) on sponsorship services
1. Introduction In this article we will be deliberating on all aspects regarding the payment of GST under reverse charge…
Revision in GST returns may be allowed from April 2025
The government is considering allowing filing of updated or revised returns under the goods and services tax (GST), a move…
New GST Rules notified for Valuation of services of Online Gaming and Casinos
CBIC vide Notification No. 45/2023 – Central Tax dated 6th September, 2023 has notified the Central Goods and Services Tax (Third Amendment)…
Supreme Court stays quashing of Rs 21,000 cr GST notice to Gameskraft
Issuing notice to the company on the plea by the GST Directorate, a three-judge bench presided by Chief Justice of…
GST: New Rule 88D to deal with ITC mismatches in GSTR-2B and GSTR-3B
The GST Council in its 50th Meeting had inter alia recommended as under in regard to Mechanism to deal with…
GST Compliance Calender for August, 2023
For ready reference of our readers we have compiled a GST compliance calendar containing the important dates for compliance of…
Mastermind in generating fake invoices, bills apprehended by GST officials
Officers of the Directorate General of GST Intelligence (DGGI), Visakhapatnam Zonal Unit, apprehended a Hyderabad resident, who is said to…
Hostel accommodation to attract 12 per cent GST: AAR
The AAR, while hearing a case of Karnataka-based Srisai Luxurious Stay LLP, said that only rent for residential dwellings would…