GST News

CBIC Extends Deadline for New Manufacturing Procedure Implementation to 15th May 2024

11 April 2024 at 09:04

The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 08/2024, extending the timeline for the implementation of Notification No. 04/2024.

Posted in GST | 918 Views

GSTN Advisory: Auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1

10 April 2024 at 08:57

GSTN is pleased to inform that a new feature to auto-populates the HSN-wise summary from e-Invoices into Table 12 of GSTR-1 is now available on the GST portal. ..

Posted in GST | 855 Views

GSTN Issues Advisory on Reset and Re-filing of GSTR-3B For Some Taxpayers

09 April 2024 at 15:02

This has reference to the facility for re-filing of GSTR-3B for some of the taxpayers.

Posted in GST | 2181 Views

Central & State GST Officials To Conduct Joint Audits of Firms

09 April 2024 at 13:32

Central and State GST authorities have initiated collaborative efforts to conduct business audits under the indirect tax framework, effective from the onset of this financial year.

Posted in GST | 2 comments | 3831 Views

CBIC Waives Interest for Late GSTR-3B Filers Amid Technical Issues

09 April 2024 at 09:05

The Central Board of Indirect Taxes and Customs (CBIC) has issued a crucial notification, bearing No. 07/2024 – Central Tax, dated April 08, 2024.

Posted in GST | 10074 Views

GSTN Adds New Feature to Table 12 for Detailed Outward Supplies Summary by HSN Codes

08 April 2024 at 09:06

GSTN has introduced a new option in "Table 12 - HSN wise summary of outward supplies" of the GST Return form GSTR-1.

Posted in GST | 1 comments | 6387 Views

Non-issuance of Notices in Case of Voluntary Compliance under Sections 73 and 74 of the KSGST Act, 2017

08 April 2024 at 09:06

The Kerala Goods and Services Tax (GST) Department issued Circular No. 06/2024 on April 6, 2024, signaling a significant shift in its approach towards tax enforcement.

Posted in GST | 969 Views

Supreme Court Permits Transfer of 27 GST Cases, GamesKraft & EGF Hearings Set for 1st May

06 April 2024 at 09:04

The Supreme Court bench headed by CJI and comprising of Justice JB Pardiwala and Manoj Misra summarily allowed the government’s transfer petition of 27 writ petitions in 9 different High Courts

Posted in GST | 2352 Views

Gujarat's GST Department Sees 43% Drop in GSTIN Applications

05 April 2024 at 09:04

Gujarat's GST department has observed a substantial 43% decline in the monthly average of GSTIN (Goods and Services Tax Identification Number) applications since November 2023.

Posted in GST | 2796 Views

Vedanta Faces Rs 1.86 Crore GST Demand Notices Over Ineligible ITC

04 April 2024 at 09:00

Mining giant Vedanta Ltd finds itself entangled in a GST dispute, with the tax authority demanding Rs 1.86 crore over 'ineligible' input tax credit. The company intends to challenge the orders, expressing optimism for a favorable resolution.

Posted in GST | 2895 Views