Tag: New GST update

Representations have been received from the trade and field formations seeking clarification regarding the taxability of Employee Stock Option (ESOP)/ ...

The insurance companies, which are engaged in providing general insurance services in respect of insurance of motor vehicles, insure the ...

In the light of the above discussion, it is clear that the renting out the hostel rooms to the girl ...

Taxpayers can check the veracity of any communication from DGGI/CBIC by using the ‘VERIFY CBIC-DIN’ window on the CBIC’s website

Taxpayer Registration would get suspended after 30 days and intimation in FORM REG-31 will be issued to the Taxpayer.

Since the initiation of the special drive against fake registrations in mid-May 2023, a total of 29,273 bogus firms involved ...

As per the Notification No. 06/2023-Central Tax (Rate), dated 26.07.2023, the option by GTA to pay GST on Forward Charge mechanism ...

the mandatory audit applies to taxpayers whose turnover exceeds ₹5 crores in a financial year across all it's GST numbers ...

Amnesty for Taxpayers: The GST Council, in its 52nd meeting, recommended granting amnesty to taxpayers who could not file an ...

The said amount of ITC is required to be reversed by such taxpayers, while furnishing a return in FORM GSTR-3B ...

Amnesty Scheme for filing of appeals against demand orders in cases where appeal could not be filed within the allowable ...

CBIC has issued above clarification vide circular no. 195/07/2023 - GST Dt. 17.07.2023. Relevant extract of the circular is as ...

In a situation where multiple ECOs are involved in a single transaction of supply of goods or services or both ...

If the Taxpayer is non-existent and fictitious, then the tax officer may immediately initiate action for suspension and cancellation of ...

In the said notification, in the first paragraph, with effect from the 1st day of August, 2023, for the words ...