Important Checklist for March 31, 2024:
⏩1. GST Compliance: (i) File the Letter of Undertaking (LUT) for the financial year 2024-25 if engaged in…
Category: GST
7 most Important Points to handle GST’s Show Cause Notice
7 most Important Points to handle GST’s Show Cause Notice
GST EXEMPTIONS DISRUPT INPUT TAX CREDIT CHAIN, WILL COMPLEX GST: CBIC CHIEF
Exemptions or lower rate of taxation sought by industry on some items breaks the input tax credit (ITC)…
Advisory on GST payment through Credit Card (CC)/Debit Card (DC) and Unified Payments Interface (UPI):
To facilitate the Taxpayers registered under GST with more methods of payment, two new facilities of payment have…
What is the GST Amnesty Scheme – Who can apply, how to apply and what is the last date
Who can apply for the scheme Taxpayer who could not file appeal against demand order passed on or…
What is the GST Amnesty Scheme – Who can apply, how to apply and what is the last date
Who can apply for the scheme Taxpayer who could not file appeal against demand order passed on or…
GST Appellate Tribunals to face tsunami of appeals worth ₹1 lakh crore
Sources share that “the government expects the Appellate Tribunals to be functional by April 2024.” It is understood…
Centre notifies 18% GST on corporate guarantees.
The Central Board of Indirect Taxes and Customs (CBIC) has said that Goods and Services Tax (GST) will…
Changes in GST Law to be effective from 01.10.2023
New condition has been inserted for Supply of services/goods to SEZ Developer/Unit. Input Tax Credit for CSR Expenses…
Introduction of Electronic Credit Reversal and Re-claimed statement- Latest CBIC Advisory dated 31.08.2023
CBIC vide Notification No. 14/2022 Central Tax dated 05.07.2022 has provided for certain changes in FORM GSTR-3B so…