GST News

GST Appeal Withdrawal Process Simplified: Key Update for Waiver Scheme Applicants

15 January 2025 at 08:05

One of the eligible conditions for filing application under waiver scheme is to withdraw the appeal applications filed against the demand order/notice/statement for which waiver application is to be submitted.

Posted in GST | 8349 Views

Generation Date for Draft GSTR-2B for Dec 2024 Revised to 16th Jan 2025

15 January 2025 at 07:58

In line with the recent extensions in due dates for filing GSTR-1 and GSTR-3B returns for Dec 2024, as notified under Notifications No. 01/2025 and 02/2025 issued on January 10, 2025, the generation of the Draft GSTR-2B for Dec 2024 has been rescheduled.

Posted in GST | 5715 Views

CBIC Amends Guidelines on Arrest and Bail Under CGST Act, 2017

14 January 2025 at 08:02

The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 01/2025-GST, amending previous guidelines for arrest and bail in offences punishable under the CGST Act, 2017.

Posted in GST | 3438 Views

Gang of Fake Income Tax Officers Busted in Gujarat, Mastermind a GST Inspector

14 January 2025 at 08:00

In a dramatic turn of events, police in Dahod, Gujarat, have busted a gang of seven individuals who posed as Income Tax officers to extort money from a businessman in Sukhsar village.

Posted in GST | 681 Views

E-Way Bills Touch Second-Highest Level in Two Years, Indicating Economic Momentum

14 January 2025 at 08:00

E-way bill generation by businesses in India reached its second-highest level in December 2024, marking a robust 17.6% year-on-year growth.

Posted in GST | 438 Views

Tax Professionals Urge Govt to Enhance GST IMS for Better Compliance

14 January 2025 at 08:00

The body of tax professionals has called on the government to make the recently introduced Invoice Management System (IMS) on the Goods and Services Tax (GST) portal more user-friendly.

Posted in GST | 489 Views

Kerala GST Department Introduces Common Adjudicating Authority for Multiple Show Cause Notices

13 January 2025 at 08:46

The Kerala GST department has announced a major relief for taxpayers dealing with multiple GST show cause notices (SCNs) issued across different districts.

Posted in GST | 276 Views

Garment Trade Associations Unite to Urge GoM Against GST Rate Revision

13 January 2025 at 08:46

In a landmark meeting, the CMAI, along with 14 prominent garment trade associations across India, joined forces under the banner of "One Industry, One Voice" to address pressing challenges facing the garment sector.

Posted in GST | 252 Views

GSTR-5, GSTR-6, GSTR-7 & GSTR-8 Filing Deadlines for Dec 2024 Extended

11 January 2025 at 08:58

In a series of notifications issued on January 10, 2025, the Central Board of Indirect Taxes and Customs (CBIC) announced extensions for various Goods and Services Tax (GST) compliance deadlines for the month of December 2024.

Posted in GST | 6558 Views

GSTR-1 & GSTR-3B Filing Deadlines for Dec 2024 Extended

10 January 2025 at 19:31

In a move aimed at easing compliance for taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) has issued two new notifications on January 10, 2025, extending the deadlines for filing key GST returns for the tax period ending Dec 2024

Posted in GST | 35100 Views