Through the bill, the provisions of the CGST Act are aligned with the Tribunal Reforms Act 2021 so that the administrative process for implementing the GSTAT can begin. Read PDF 14th December 2023 GST Instruction No. 05/2023 for the Supreme Court judgement in the case of Northern Operating Sy...
Latest GST Updates: GST Circulars Released in October 2024 GST Circular 238/32/2024-GST dated 15-10-2024: Clarification of various doubts related to Section 128A of the CGST Act, 2017 GST Circular 237/31/2024-GST dated 15-10-2024: Clarifying the issues regarding implementation of provisions...
A late fine shall be imposed if any delay in the return for an outgoing supply is furnished as per section 47 of the CGST act. Following that, a late fee will be applied for the delay in filing the quarterly returns and the information of outgoing supply. It is understood that there wi...
The GST Act of 2017 allows the Central Government to impose and collect taxes on the sale of goods or services within a single state. It covers all aspects and matters related to this taxation framework. Introduction The Goods and Services Tax (GST) registration process in India, Manipur, ...
I am *Business OwnerAccountantStudentOthers I have read and accepted theT&C Get a free trial What is a show cause GST notice? Show cause notice is the first stage in any investigation in tax laws. In Goods and Services Tax Act, show cause notice is to be issued before any penalty is ...
The GST Act of 2017 allows the Central Government to impose and collect taxes on the sale of goods or services within a single state. It covers all aspects and matters related to this taxation framework. Introduction The Goods and Services Tax (GST) registration process in India, Jammu and ...
In accordance with section 122 of the CGST Act, the penalty for not obtaining GST registration in India within time is INR 10,000/- or 10% of tax due from the supply made, whichever is higher. In addition to the penalty, businesses shall be required to pay GST on the supply made alon...
GST registration for foreigners under GST Act- GST REG 09 Admin Sep 03,2020 Read More... Change in GST Registration and Aadhar Authentication Admin Aug 22,2020 Read More... Know about IEC (Import-Export Code) and Its benefit Admin Aug 16,2020 Read More... Important deductions under ...
7 of IGST Act Would you claim refund? Type of import Bill of entry port code Bill of entry number Bill of entry date Bill of entry value Return filing month Return filing quarter Dynamics 365 Finance For information about the update for Finance, see the following KB article: New GSTR -...
Under the GST Act, an invoice is not mandatory for transactions less than ₹200 if the recipient is unregistered and does not request an invoice. However, businesses can issue a consolidated invoice at the end of the day that summarises all small transactions. This approach not only streamli...