GSTN issues advisory on the new Invoice Management System (IMS) for accepting or rejecting supplier invoices, impacting GSTR-2B and GSTR-3B auto-population.
GST waiver scheme offers relief for tax disputes, waiving interest and penalties if full tax is paid by March 31, 2025.
Guidance on GST registration for applicants in ‘Other Territory’ near India’s coasts; select Mumbai South or Chennai North Commissionerate based on location.
From April 1, 2025, taxpayers with AATO of ₹10 crores must report e-invoices within 30 days on the IRP portal.
GSTN introduces Form DRC-03A to streamline demand payment adjustments. Taxpayers can now link DRC-03 payments with outstanding demands for accurate ledger updates.
SEBI advises against using unregistered virtual trading platforms, warning investors about risks and lack of protection under existing laws.
RBI provides an update on the withdrawal status of ₹2000 banknotes, with 98% of notes returned by October 31, 2024.
October 2024 GST revenue report shows 8.9% growth in gross collections, led by increased domestic revenue. View detailed gross and net GST figures for October.
New Aadhaar authentication process for GST registration in Ladakh. Book appointments for biometric verification and document verification.
From 2025, GST returns cannot be filed after three years from the due date. Taxpayers are advised to reconcile records and file pending returns soon.
