The Goods and Services Tax Network (GSTN) announced significant updates in May 2025, focusing on compliance and process improvements. Phase-III of mandatory HSN code reporting in GSTR-1/1A requires taxpayers with an annual turnover of up to ₹5 crore to report 4-digit HSN codes and those exceeding ₹5 crore to report 6-digit codes. Manual HSN entry […]
Stay informed on GST changes from April 2025, covering biometric registration, GSTR-7/8 revisions, UPI GST clarity, e-invoicing, e-way bills, and streamlined registration guidelines.
Explore key recommendations from the 53rd GST Council Meeting, including amendments in tax laws, reduction in litigation, and enhancements in procedural ease under GST.
Stay up-to-date with the important amendments in GST applicable from October 1st, 2022. Learn about the changes proposed in Finance Budget 2022.
Assessment under GST A simple meaning of assessment is ‘determine to accurate tax liability’, so in every law it is common meaning of assessment to find out liability. In GST Law main object of assessment procedures are to effectively, efficiently and accurately collection of revenue. Assessment is very small word, but it is very important […]
In the 43rd GST Council Meeting Certain COVID-19 related relaxations to be provided, it should be a booster does for GST Taxpayers in second waive, in council meeting mainly focus to relaxation on compliances which effected during lock down in mostly state, Relaxation in certain due date of GST Returns and other compliances of F.Y. […]