The issue is how suppliers can charge GST at 0.05% or 0.1% on export-linked supplies. The key takeaway is that the benefit is conditional and depends entirely on strict compliance with notifications.
GSTN will soon enforce system-level blocking if ITC reclaimed or RCM ITC exceeds ledger balances. Key takeaway: taxpayers must reconcile ledgers to avoid filing errors.
Delhi GST allows taxpayers to correct past ITC denials caused solely by Section 16(4) time limits, applying Section 16(5)/(6) via a special rectification procedure.
Rule 14A simplifies GST registration for low-risk B2B suppliers (tax liability ≤ ₹2.5 lakh/month). Get 3-day auto-approval via Aadhaar authentication; mandatory withdrawal using REG-32 if limit exceeded.
Businesses with monthly B2B output tax liability below ₹2.5 lakh can now benefit from instant approval within three days under the Simplified GST Registration Scheme starting November 2025.
The government’s new GST notification, effective September 22, 2025, provides a consolidated HSN-wise list of rates across seven schedules. Learn how to confirm GST rates for your products.
Learn about the process of rectifying income tax return errors under Section 154. This includes what qualifies as a “mistake apparent from the record” and the relevant timelines.
Learn about filing a revised income tax return under Section 139(5) to correct mistakes. Understand the deadlines, scope of revisions, and legal implications.
A summary of the GST Council’s 56th meeting recommendations. The new reforms simplify tax slabs, and reduce rates on essential goods, and healthcare services.
Learn about the GST rate changes on passenger bus services and motor vehicle rentals, effective from September 22, 2025. Understand the new dual-rate structure.
