Discover key GST changes for FY 2024-25, including interest waivers, ITC extensions, new penalties, and more. Stay updated with the latest budget impacts.
Get ready for year-end with this comprehensive GST checklist! Reconcile, verify, settle liabilities, renew LUT, and stay proactive for a smooth transition.
Introduction: Zomato and Swiggy, two giants in the food delivery sector, are now grappling with GST demand notices amounting to a staggering Rs 750 crore, as revealed by a report from the Directorate General of Goods and Services Tax Intelligence (DGGI). The crux of the matter revolves around the nature of food delivery services and […]
Today, we’re diving deep into the intricacies of Rule 88D from the CGST Rules, 2017. So, what’s the fuss all about? Rule 88D has ushered in a new era on the GSTN Portal, focusing on the correlation between Input Tax Credit (ITC) as per Form GSTR-2B and Form GSTR-3B. If your claimed ITC in the 3B form surpasses the limits defined by the Council, compared to what’s available in the 2B form, it’s time to brace yourself.
