GST Articles

FAQs on the Draft Manual on Invoice Management System (IMS)

Posted by CA. Bhavik P. Chudasama 19 September 2024 906 Views

The Invoice Management System (IMS) is a revolutionary new feature introduced on the GST Common Portal.

As Ganesha Removes Hurdles, GST Council Eases the Road for Taxpayers!!

Posted by CA Umesh Sharma 16 September 2024 1103 Views

During the 54th GST Council meeting on 9th September 2024, several helpful recommendations were made to ease the path for taxpayers and businesses. These changes can be seen as blessings from Lord Ganesha himself.

Special Procedure for Rectification of ITC Orders: GST Council's Proposed Procedure

Posted by Sahil Jaiswal 14 September 2024 1223 Views

The recent recommendations from the 54th GST Council meeting, held on September 9, 2024, include important updates concerning rectifications procedure for Input Tax Credit (ITC) orders.

54th GST Council Meeting: Key Changes and Clarifications

Posted by CA. Bhavik P. Chudasama 12 September 2024 662 Views

The GST Council, in its recent meeting, introduced several changes and clarifications to the Goods and Services Tax (GST) regime.

ITC Entitlement on Repair Expenses in Reimbursement Claim Settlements

Posted by CA Amit Harkhani 12 September 2024 809 Views

INTRODUCTION TO GENERAL INSURANCE SETTLEMENTInsurance companies providing general insurance for motor vehicles settle repair or damage claims through two modes:...

Recommendations from 54th GST Council Meeting

Posted by CA Aman Rajput 10 September 2024 410 Views

Discover key recommendations from the 54th GST Council Meeting. Stay informed on the latest updates and insights that impact your business and compliance.

GST Council Nears Decision on Cutting Taxes for Insurance Premiums; Final Call Expected in Next Meeting

Posted by Sachin 10 September 2024 164 Views

The GST Council is considering reducing the GST on life, health, and reinsurance premiums, currently at 18%.

GST Council's Recent Moves: What Businesses and Consumers Need to Know

Posted by CA Harshit Goyal 10 September 2024 243 Views

Big Updates from the 54th GST Council Meeting: Key Changes You Need to Know!

GST Applicability on Supply during the Warranty Period

Posted by CA Amit Harkhani 07 September 2024 1324 Views

GST Liability & ITC Reversal: Replacement of Parts or Goods as such and Repair Services Provided by the ManufacturerGST Liability on Replacement of Parts or...

Penalties for Not Obtaining a New GST Registration Number on Time

Posted by Ishita Ramani 07 September 2024 1988 Views

The consequences of failing to obtain a New GST Registration Number in a timely manner are discussed in this article, which also highlights how crucial compliance is for businesses.