GST news
Clarification regarding time limit for certain compliances under GST pursuant to issuance of Notification No. 18/2022-Central Tax dated 28.09.2022
In this regard, it is clarified that the extended timelines for compliances listed in para 2 are applicable to the...
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₹1,47,686 crore gross GST revenue collected in the month of September 2022
Revenues for the month of September 2022 are 26% higher than the GST revenues in the same month in 2021
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Customs Notification No. 81 /2022- Customs (N.T.) to amend the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010
In exercise of the powers conferred by section 157 read with section 84 of the Customs Act, 1962 (52 of...
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Module wise new functionalities deployed on the GST Portal for taxpayers – August 2022
Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to...
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Changes in Table 4 of GSTR 3B – Reporting of ITC availment, reversal and Ineligible ITC – Updated on GST portal
The Notified changes of Table 4 of GSTR-3B have been incorporated in GSTR-3B and are available on GST Portal since...
Read more₹ 1,43,612 crore gross GST revenue collected in the month of August 2022
The revenues for the month of August 2022 are 28% higher than the GST revenues in the same month last year of...
Read moreNew Functionalities introduced in GST website – July 2022
Allow taxpayer to enter multiple trade name: ·Earlier only a single Trade Name was being captured during New Registrations and...
Read moreSingle Click NIL filing of GSTR-1
It has been constant endeavor to improve the user experience and performance of GSTR-1/IFF filing and hence significant improvements in...
Read moreTurnover limit for E-invoicing reduced to Rs. 10 crore from Rs. 20 crore [Read notification]
In the said notification, in the first paragraph, with effect from the 1st day of October, 2022, for the words...
Read moreSimplified regulatory framework for e-commerce exports of jewellery through courier mode
A simplified regulatory framework for e-commerce exports of jewellery through courier mode has been issued on 30.06.2022 by the Central...
Read moreIntroducing new Table 3.1.1 in GSTR-3B for reporting supplies u/s 9(5)
2. A new Table 3.1.1 is being added as per Notification No. 14/2022 – Central Tax dated 05th July, 2022...
Read moreFAQs on GST applicability on ‘pre-packaged and labelled’ goods released by CBIC
Certain representations have been received seeking clarification on the scope of this change, particularly in respect of food items like...
Read moreGST needs to be charged on hotel room upto Rs. 1000 also | Now GST will be charged on renting room in Hospital
Thus, now any hotel room, guest house, club or campsite is rented same will be liable for atleast 12% GST.
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Now GST needs to be paid on renting residential property under reverse charge | Effective from 18.07.2022
However, now the government has amended the provisions with regard to renting of residential property wherein by way of Notification...
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IMPORTANT CHANGES IN GST PURSUANT TO 47TH GST COUNCILE MEETING [Read notification]
47th GST Council meeting was held on 28th and 29th May 2022 at Chandigarh, in which lot of changes were...
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![[Live] Updates and Tax changes for Budget 2023 | Tax on cryptocurrency | Income tax and GST udpates in Budget 2023 [Download Bill]](https://www.taxontips.com/wp-content/uploads/2023/02/Budget-2023-120x86.webp)
- Important Direct Tax Amendments in Budget 2023 for individual and business owners
- [Live] Updates and Tax changes for Budget 2023 | Tax on cryptocurrency | Income tax and GST udpates in Budget 2023 [Download Bill]
- 2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022
- CBDT instructs Income tax officer to complete 148/ 147 assessment before 31.05.2023
- Final stage of Union Budget 2023-24 commences with Halwa Ceremony
- Clarification on entitlement of ITC where place of supply is determined in terms of proviso to sub-section (8) of section 12 of the IGST Act
- Consequences of Accepting cash while selling a Immovable property, land or house | 100% Penalty
- How many articles can a Chartered Accountant register for articleship?
- Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns – Update
- ICAI has launched free task management or practice management software for members in Practice
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