Need for Rules and Laws Additionally, it should be made clear that recovery proceedings under Section 79 of the CGST Act, 2017 should not be started while the taxpayer challenges the responsibility in DRC-01B since it is impossible to determine if tax is due when it is in dispute. If the...
54/2023- Central Tax on November 17, 2023, introduced further amendments to Notification No. 27/2022-Central Tax dated December 26, 2022. Provisions of sub-rule (4A) of Rule 8 of the CGST Rules, pertaining to the authentication of Aadhaar Numbers, shall now apply in the State of Andhra...
Mandatory e-Invoice Implementation: Effective August 1, 2023, for Businesses Exceeding the 5 Cr Turnover Limit Read More→ How to cancel e-invoices in GST? Read More→ How to amend or modify e-invoices? Read More→ e-Invoice Format in GST: Structure, Rules, & Sample Format (2024) ...
Earlier this year, Meesho implemented significant technological adaptations, paving the way for non-GST sellers to commence selling on the platform from October 1, 2023New Delhi: Softbank-backed Meesho on Friday said it has onboarded nearly 25,000 non-GST sellers since October... 123...20Page...
Read here: GST Changes from January 2023. We have also published 3 more articles about the new GST updates: 5th Amendment Rules under GST Rule 88C –GSTR 3B vs GSTR 1 Mismatch in Liability ITC is Available even in case of a Mismatch of 2A: GST Circular 183/2022 IRIS GST always ...
GST collection for December 2023 amounted to INR 1,64,882 crore, exhibiting a notable growth of 10.3% as compared to the previous month. For more detailed information, you can refer to the read press release. The new functionalities related to the filing of online declaration in Annexure V ...
On September 14, 2023, the Department of Finance Canada issued a news release regarding proposed legislation to be enacted in order to enhance the existing GST New Residential Rental Property rebate on certain new purpose-built rental property. The propo
For issuances of invoice in 2023 for a delivery that will be made in 2024, should I charge 9% GST? No. If you’re issuing an invoice in 2023, the GST rate is 8%. Can I show both old and new GST rates in the same tax invoice for billings that straddle the GST rate change? Yes...
Discover the new GST/HST guidelines for dentists as Notice 339 ends the CRA's 35% Arrangement, with key updates on ITC rules effective January 1, 2025.
What will be the GST rates for Air source heat pump & it's HSN code is 84186100. Actually this product is in renewable energy and you can take 80% deprecation in first year in commercial application as per IT rules. Mir Mudasir Khaliq:On 23 June 2017 ...