Understand the Goods and Services Tax (GST) and its impact on businesses. Learn about GST rates, compliance requirements, and its role in simplifying taxation. Stay updated with the latest GST news and updates.
Goods and Services Tax : Ensure GST compliance for FY 2024-25 by March 2025. Key tasks include LUT submission, ITC reconciliation, e-invoicing, QRMP select...
CA, CS, CMA : From April 1, 2025, businesses with multiple GST registrations must obtain ISD registration to distribute Input Tax Credit (ITC) a...
Goods and Services Tax : Revenue Officers को arrest और investigation की सीमित शक्तियाँ प्राप्त है...
Income Tax : Compare GST and Income Tax search and seizure processes, highlighting key differences in scope, authority, and taxpayer rights. Le...
Goods and Services Tax : GST rate on old and used vehicles, including EVs, increased from 12% to 18% effective 16 Jan 2025. Applicable on margin value for ...
CA, CS, CMA : Get the latest Income Tax and GST notifications, updates, and circulars from February 10 to 16, 2025, including ITR filing deadlin...
Goods and Services Tax : KSCAA highlights issues in GST registration, suggesting uniform SOPs, better verification, geocoding fixes, transparency, and supp...
Goods and Services Tax : Karnataka CA Association urges upgrades to the Professional Tax portal, addressing issues like OTP errors, payment glitches, and l...
Goods and Services Tax : West Bengal's GST share dropped from 4.6% in 2019-20 to 4% in 2024-25. Learn about factors affecting revenue, government measures,...
Goods and Services Tax : Government addresses GST exemption on health & life insurance premiums, forming a GoM for review. Key updates on current exemption...
Goods and Services Tax : Andhra Pradesh High Court invalidates GST assessment order due to lack of an official signature and DIN, citing Supreme Court and ...
Goods and Services Tax : Gujarat High Court rules in favor of Gujarat State Police Housing Corp, allowing a GST refund despite exceeding the two-year statu...
Goods and Services Tax : Tamil Nadu AAR rules that ITC on motor vehicles used for automobile benchmarking services is not available under GST law. Read key...
Goods and Services Tax : Tamil Nadu AAR rules that free silver supplied by Naval formations must be included in taxable value for GST on batteries. Read ke...
Goods and Services Tax : Tamil Nadu AAR rules on GST classification of slack adjusters used in buses, trucks, and trailers. Distinct tax rates of 28% and 1...
Goods and Services Tax : CBIC issues KYC compliance clarifications for couriers, reports on significant drug seizures, overvaluation cases, and announces p...
Goods and Services Tax : GSTN allows company directors to complete biometric authentication at any GST Suvidha Kendra in their home state. Read the latest ...
Goods and Services Tax : Key updates on Indian Customs, including trade facilitation, GST awareness, sports events, and major enforcement actions on tax ev...
Goods and Services Tax : Kerala SGST Circular 5/2025 clarifies adjudication of Kerala Flood Cess under SGST/CGST Acts, detailing procedures for notices, ad...
Goods and Services Tax : Kerala SGST outlines guidelines under Section 161 for rectifying apparent errors in orders, notices, and decisions, ensuring unifo...
1 अक्टूबर 2024 से GST पोर्टल पर नया इनवॉयस मैनेजमेंट सिस्टम (IMS) लागू होगा। इससे टैक्सपेयर आसानी से ITC क्लेम और इनवॉयस प्रबंधन कर सकेंगे।
Understand GST implications on warranty repairs, part replacements, ITC reversal for manufacturers and distributors. Clarifies extended warranty GST treatment.
The Allahabad High Court rules that tax invoices, e-way bills, and goods receipts alone aren’t enough to claim ITC; proof of actual goods movement is required.
Supreme Court issues notice in SLP on cross-empowerment issues in GST investigations; proceedings from multiple departments challenged.
Karnataka AAR rules Ernst & Young’s tax return services to BWSSB are not GST-exempt, clarifying BWSSB’s status and service eligibility under GST laws.
GST Advisory reduces reporting threshold for unregistered dealers in GSTR-1/GSTR-5 from ₹2.5L to ₹1L. Continue old reporting till portal update.
Rapido, an e-commerce operator, must pay GST on services provided by cab drivers via its platform, per Karnataka State GST Advance Ruling.
Understand how Rule 42 of CGST Act, 2017 affects GST credit reversal during the share listing process involving IPOs and Offer for Sale (OFS).
Discover the new Invoice Management System (IMS) on the GST portal, enhancing invoice corrections, ITC management, and taxpayer interactions starting October 1, 2024.
Starting October 1, 2024, the GST Portal introduces IMS, allowing recipients to manage invoice acceptance, rejection, or pending status for ITC claims.
