GST news
Advisory for the taxpayer wishing to register as “One Person Company” in GST
As a work around, it is advised that in the ‘Part B’ of GST Registration Form ‘REG-01’, applicant may select...
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GST NUMBER TO PROFESSIONALS WORKING FROM HOME | Clarification by Ministry of Finance
Thus, although the above question was raised only for the purpose of professionals who are working from home, however looking...
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Delhi South CGST unearths fake invoicing racket involving tax evasion of Rs. 17 crore, 2 held
Preliminary enquiry conducted so far into the transactions of these firms has revealed tax evasion of Rs. 17 crore approx. The Proprietor/Director...
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Clarification on No claim bonus and E-way bill by GST department [Read circular]
Representations have been received from the field formations seeking clarification on certain issues with respect to – i. taxability of...
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Advisory : GSTN launches e-invoice registration services with private IRPs
Four private companies viz. ClearTax, Cygnet, E&Y and IRIS Business Ltd were empaneled by GSTN for providing these e-invoice registration...
Read moreAdvisory on opting for payment of tax under the forward charge mechanism by a Goods Transport Agency (GTA)
Option in Annexure V FORM is required to be submitted on the portal by the Goods Transport Agencies every year...
Read more₹1,49,577 crore gross GST revenue collected in February 2023; 12% higher than GST revenues in same month last year
The gross GST revenue collected in the month of February 2023 is ₹1,49,577 crore of which CGST is ₹27,662 crore, SGST is ₹34,915 crore,...
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Advisory on New e-Invoice Portal – GST website
Taxpayers may note that the portal is reference site for all masters (data), news and updates, latest releases etc. For...
Read moreAdvisory on Geocoding of Address of Principal Place of Business
GSTN is pleased to inform the taxpayers that the functionality for geocoding the principal place of business address (i.e. the...
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Recommendations of 49th GST Council Meeting [Read press release]
GST Appellate Tribunal The Council adopted the report of Group of Ministers with certain modifications. The final draft amendments to...
Read moreIntroduction of Negative Values in Table 4 of GSTR-3B – GST website update
The impact of credit note & their amendments will now be auto-populated in Table 4(A) instead of Table 4(B) of...
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Rajasthan GST department will give refund in relation to late fee paid during the Covid period | Between 01.04.2021 to 31.03.2022
The reimbursement under this order shall be available only for late fee payable and deposited for the returns/details of outwards...
Read more2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022
The gross GST revenue collected in the month of January 2023 till 5:00 PM on 31.01.2023 is Rs 1,55,922 crore of which CGST is Rs...
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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
Attention is invited to sub-section (8) of section 12 of Integrated Goods and Services Tax Act, 2017 (hereinafter referred to...
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Advisory on facility of ‘Initiating Drop Proceedings’ of Suspended GSTINs due to Non-filing of Returns – Update
In case the system does not automatically drop the proceedings or taxpayer is unable to revoke the suspension by clicking...
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GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
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How to pay Membership and COP fees of ICAI for 2020-21 |
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Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
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Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020
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SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
- Statutory Compliance Calendar for June 2025 | Income tax, GST and various other laws
- Statutory Compliance Calendar for May 2025 | Income tax, GST and various other laws
- ITAT Mumbai: Capital Gains on Indian Mutual Funds Not Taxable in India for Non-Residents under DTAA [Case law]
- Statutory Compliance Calendar for April 2025 | Income tax, GST and various other laws
- No relief under section 87A for capital gain even after date extended to file revised return for AY 2024-25?
- Statutory Audit of Cash and Cash Equivalents in Indian Companies [Company Law]
- Statutory Audit of Trade Receivables in Indian Companies [Company law]
- Statutory Compliance Calendar for February 2025 | Income tax, GST and various other laws
- Budget 2025 updates | Income tax and GST updates
- Assessee receiving message for 80GGC donation for AY 2022-23 from Income tax department
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