On November 2, 2023, the Central Board of Indirect Taxes and Customs (CBIC) announced an Amnesty Scheme for taxpayers facing challenges in filing appeals against demand orders.
A recent circular issued by the Central Board of Indirect Taxes and Customs (CBIC) has brought significant clarity to the issue of Goods and Services Tax (GST) on electricity charges for tenants, especially in commercial properties.
In a shocking turn of events, a GST official in Thane city found himself on the wrong side of the law during Vigilance Awareness Week.
Indian Companies Under GST Radar: Maruti Suzuki and LIC Among Recipients of Notices
GST revenue collection for October 2023 is second highest ever, next only to April 2023, at ₹1.72 lakh crore; records increase of 13% Y-o-Y
The Central Board of Indirect Taxes and Customs (CBIC) issued Circular No. 206/18/2023-GST on October 31, 2023, providing clarifications on the applicability of GST to certain services.
Central Board of Indirect Taxes and Customs (CBIC) issued Circular No. 203/15/2023-GST dated October 27, 2023, clarifying the determination of place of supply in various cases.
CBIC Implements GST Council's Decision, Introduces 18% GST on Corporate Guarantees
Central Board of Indirect Taxes and Customs (CBIC) has notified amendments in GST Registration Forms vide Notification No. 52/2023 Central Tax dated October 26, 2023.
Notification 51/2023 dated 29.09.2023 has introduced Table 5B in GSTR 5A w. e. f 01.10.2023. In this notification, Table 5B has been introduced to report supplies made to Registered GSTINs (B2B supplies)