The New GST Amnesty Scheme under Section 128A
The New GST Amnesty Scheme under Section 128A On November 1, 2024, the Government of India introduced a new amnesty scheme under Section 128A of the Goods and Services Tax…
Understanding Composite Supply and Mixed Supply Under GST
Understanding Composite Supply and Mixed Supply Under GST In the world of goods and services, it’s common to see items or services sold together in bundles, whether as packages or…
GST Collection Sees 9% Rise in October 2024, Driven by Strong Domestic Demand and Compliance Measures
GST Collection Sees 9% Rise in October 2024, Driven by Strong Domestic Demand and Compliance Measures The Goods and Services Tax (GST) collection in October 2024 surpassed expectations, grossing over…
Understanding the 3-Year Time Bar for GST Return Filing: What Taxpayers Need to Know
Understanding the 3-Year Time Bar for GST Return Filing: What Taxpayers Need to Know In an important update impacting millions of businesses across India, the Goods and Services Tax Network…
ITC Eligibility for Leasing/Renting Motor Vehicles for Women’s Safety: Tamil Nadu AAR Ruling
ITC Eligibility for Leasing/Renting Motor Vehicles for Women’s Safety: Tamil Nadu AAR Ruling Introduction In a significant ruling, the Tamil Nadu Authority of Advance Ruling (AAR) addressed the eligibility of Input…
Attention – Hard-Locking of Auto-Populated Liability in GSTR-3B: Streamlining GST Return Filing for Taxpayers
Attention – Hard-Locking of Auto-Populated Liability in GSTR-3B: Streamlining GST Return Filing for Taxpayers In a bid to simplify Goods and Services Tax (GST) return filing and reduce human errors,…
GST Update : Amnesty scheme for FY 17-18, 18-19 & 19-20 :Section 128A
GST Update : Amnesty scheme for FY 17-18, 18-19 & 19-20 :Section 128A The Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 21/2024–Central Tax on 8th October…
Procedure for filing PTRC return online in Maharashtra:
Procedure for filing PTRC return online in Maharashtra: PTRC stands for Profession tax registration certificate. It allows employer of an entity to deduct profession tax from the salary of the…
GSTN Introduces New Measures to Simplify and Enhance Accuracy in GSTR-3B Filing
GSTN Introduces New Measures to Simplify and Enhance Accuracy in GSTR-3B Filing The Goods and Services Tax Network (GSTN) continues to innovate and streamline the GST return filing process to…
New RCM Self-Invoicing Regulations Effective November 1, 2024
New RCM Self-Invoicing Regulations Effective November 1, 2024 The Central Board of Indirect Taxes and Customs (CBIC) has introduced significant updates to the Central Goods and Services Tax (CGST) Rules, 2017, through Notification…