GST Articles
Important Changes in GST from 16th January 2025
The recent GST notifications introduce various changes aimed at streamlining compliance and addressing specific sectors. Let's break down the key important notifications point by point.
GST Department using 26AS, AIS & ITR for Verifying Income Tax Data
The GST department is actively monitoring taxpayers income using Form 26AS, AIS, and IT Returns to detect tax evasion which shows a coordinated effort between the GST and Income Tax departments.
GST registration to be cancelled retrospectively? What to reply?
The issue regarding ITC, which is claimed on invoices received from the suppliers whose GST registration was retrospectively cancelled, is an important matter that is in question in GST compliance, as indirectly it is attracting double taxation along with interest or penal consequences.
Judgment on assignment of Leasehold Rights under GST - Big Relief to Taxpayers
Read about the latest judgment on the assignment of leasehold rights under GST, clarifying tax applicability and offering significant benefits.
Challenges Faced by Intermediaries under GST While Serving Exempt Educational Institutions
This article aims to shed light on the issues faced by intermediaries, the legal framework governing these challenges, and suggestions for relief.
GST Confusion on Taxability of Vouchers Finally Cleared
GST Circular No. 243/37/2024, dated 31st December 2024, offers clarity on the crucial topic of vouchers. Whether it's festive gift cards or discount coupons this circular makes sure that the taxpayers and businesses move forward with a clear understanding of GST implications on the same.
55th GST Council Decision: Payment Aggregators Get Exemption, Not Payment Gateways
Analysis of 55th GST Council's decision to clarify that RBI regulated Payment Aggregators are eligible for the exemption, not payment gateway (PG)
55th GST Council Meeting: Key ITC Changes Impacting Automobile Sector & Construction Industry
The GST Council met for the 55th time under the Chairmanship of Honourable FM Nirmala Sitharaman. Some key changes were recommended regarding availability of ITC and date of availability of ITC.
GST on Vouchers: The Circular That Clears the Confusion
The GST Policy Wing has come to the rescue with a new circular that finally clears the air about the GST treatment of vouchers.
55th GST Council: Major Amendments in CGST Rules Affecting IMS
Analysis of the 55th GST Council's decision for Amendments in the CGST Act, 2017 and CGST Rules, 2017 in respect of the functionality of the Invoice Management System (IMS)
Popular Articles
- Post Office Savings Account Interest Rate 2026: Is It Better Than a Bank Savings Account?
- PF Withdrawal Online 2026: With New EPFO 3.0 Rules
- FD Interest Rates for 444-Day Special Scheme 2026: Check Which PSU Bank Offers Highest Return?
- PAN Card 2.0 Apply Online in 2026: Latest Updates with QR Code and Application Process
- Long-Term Capital Gain Tax: Exemptions Available in AY 2026-27
- Income Tax on Retirement Benefits For AY 2026-27: One Guide Covering Everything
- TDS Return Due Date For FY 2026-27: Updated As Per IT Act 2025
- Post Office RD Interest Rate 2026: Latest Update with Tax Benefit
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
