But in reality, not everyone can apply for it. 𝗪𝗵𝗮𝘁 𝗶𝘀 𝗮 𝗖𝗼𝗺𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻 𝗦𝗰𝗵𝗲𝗺𝗲? Scheme under GST for small businesses and startups to simplify compliance by paying tax at a fixed rate on their turnover…
The GSTN has issued Advisory dated 03.03.2025, regarding Enhancements in Biometric Functionality – Allowing Directors to Opt for Biometric Authentication in Their Home State. This update from GSTN enhances flexibility in the biometric authentication process…
The Authority for Advance Rulings, Tamil Nadu in the case of M/S. A2MAC1 INDIA PRIVATE LIMITED vide Order No. TN/29/ARA/2024 dated 06.12.2024, ruled that input tax credit on the purchase of motor vehicles used for providing taxable outward supply…
The State GST (SGST) Department has asked government departments, agencies and local self-government departments to take note of the changes in GST-TDS return filing applicable from April 1, 2025. As per the Rule 37 of…
Government issued clarifications relating to recommendation of 55th GST Council Meeting The CBIC vide issuing Circular No. 247/04/2025-GST dated 14.02.2025, has issued clarifications regarding GST rates & classification (goods) based on the recommendations of the…
GSTN issued Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Maharashtra and Lakshadweep The GSTN has issued an Advisory dated 08.02.2025, regarding Biometric-Based Aadhaar Authentication and Document Verification for GST…
CBIC issued Instructions regarding Procedure to be Followed in Department Appeals Filed Against Interest and/or Penalty Only, Relating to Section 128A The CBIC has issued Instruction No.02/2025-GST dated 07.02.2025, regarding Procedure to be followed in…
Retrospective amendment to disallow ITC on goods / services used for construction of plant or machinery: – Clause 119 of the Finance Bill, 2025. Effective from 01st July 2017 retrospectively. i) To replace the plant…