GST Articles

Clarification on Non-Generation of GSTR-2B for October 2024

Posted by CA Naveen Panwar 20 November 2024 991 Views

Recently, some taxpayers reported issues with the generation of GSTR-2B for the October 2024 tax period, citing its absence from the GST portal on November 14, 2024.

Resolving Gaps Between GSTR-2B and GSTR-3B Data

Posted by Mitali 19 November 2024 1876 Views

If you have observed that there are discrepancies between GSTR-2B and GSTR-3B or GSTR-2B is not generated, then you can look for these steps to re-compute it

Understanding the New IMS (Invoice Management System) on GST Portal

Posted by CA Umesh Sharma 19 November 2024 1463 Views

IMS allows recipient taxpayers to take various actions like accept, reject, or keep invoices pending based on the records uploaded by their suppliers in GSTR-1 or IFF. This gives recipients control over their Input Tax Credit (ITC) eligibility before filing GSTR-3B.

Sale of Scrap materials: Applicability of GST and TDS

Posted by CA S K MISHRA 14 November 2024 96527 Views

The term "Scrap" has not been defined any where in the GST Laws. As such one can derive its meaning as per normal business or commerce parlance.

GST Amnesty Scheme 2024: Sec 128A of CGST Act 2017

Posted by CA. Bhavik P. Chudasama 14 November 2024 1927 Views

A Comprehensive Guide to Waiver of Interest and Penalty

GST Compliance Alert: Check and Rectify Past Claims Before November 2024

Posted by Mitali 11 November 2024 2316 Views

GST Returns which are to be filed in November month, those returns are very important as in this month you need to reconcile them thoroughly.

Frequently Asked Questions on DRC-03A

Posted by Mitali 08 November 2024 1157 Views

Form GST DRC 03A has been introduced in the GST portal to adjust payments made through Form GST DRC 03 against any outstanding demand in electronic liability register.

New RCM Time of Supply Rules: A Major Shift Starting November 1, 2024

Posted by Mayank Vashishta 04 November 2024 16585 Views

The Indian GST landscape is undergoing a significant transformation with the introduction of new Reverse Charge Mechanism (RCM) Time of Supply Rules, effective from November 1, 2024. T

GST Raid Checklist: How GST Raids Impact Businesses?

Posted by Sahil Jaiswal 02 November 2024 6693 Views

A GST (Goods and Services Tax) raid is a critical enforcement action taken by tax authorities when they suspect tax evasion, non-compliance, or fraudulent activity related to GST.