Latest GST News, notifications, circulars and latest GST updates for 2023, 2022, 2021 and 2020. This page is all about keeping you updated with GST news, the latest GST notifications, circulars, and GST law changes by the government. The top GST News page is updated on a month-on-month...
See Changes in GST Return Filing (1, 3B) Effective from 1st Sept 2024 Jharkhand HC Upholds the GST Return 3B Form Validity and Time Limit of ITC U/S 16(4)Follow Us on Google News Latest Posts Karnataka Reports 26% Growth in Women Filing Income Tax Returns Over the Past Five Years ...
Changes in IEC after GST Linking IEC with GSTIN in customs Import under EPCG after GST GST on imports by EOUs and SEZs Changes of operation of SEZ Does CVD exists under project imports? Baggage clearance after GST implementation Refund of SAD paid on imports ...
Businesses should review their contracts with suppliers and customers to determine which party should bear the cost of the GST when the rate does increase. Moreover, businesses should review any changes required to be made to their systems or processes in the event of a GST hike. There are se...
On the GST front, there were quite a few changes and updates in the month of November. You can read all the updates here: Top GST News of the Month. Also, we have covered detailed articles for you about the key GST Changes effective from November 1, 2024 and the newly released Supplie...
If you receive full payment from your customer in 2023, GST is chargeable at 8% as the time of supply has been triggered. If the goods are delivered or services are performed for your customer in 2023, without full payment received, you can also choose to charge GST at 8%. ...
The following new changes were introduced:Enable the feature that is named Initial threshold value under section 194Q in the Feature management workspace. This feature helps users include the value of transactions that were executed between April 1 and June 30, 2021, and drive the achieved ...
The CBIC has introduced new advisory changes made in Table 5B in GSTR 5A report supplies made to Registered GSTINs (B2B supplies). View More 19th October 2023 More than 6,000 fake ITC cases were reported by the DGGI between April 2020 and September 2023, involving more than Rs. 57,000...
Changes in GST/HST rates usually happen at a specific date, from which point you will need to have changed the GST/HST setup, posting groups etc. to make sure new sales orders and purchase orders are created with the new GST/HST rate....
Sections 73 & 74 Changes: Unified time limit and extended penalty payment period from 30 to 60 days. Monetary Limits for Appeals: GST Appeals: Rs.20 lakh for GST Appellate Tribunal, Rs.1 crore for HC, Rs.2 crore for SC. Sections 107 & 112 Amendments: Reduced pre-deposit amounts for ...