Form DRC-03A is live now on GST Portal for adjustment/setoff of voluntary payment against the order of demand Form DRC-03A for adjustment/setoff of voluntary payment against the order of demand, introduced vide Notification 12/2024, has…
Important GSTN Update: From January 2025 tax period, the GST Portal is going to restrict making changes in auto-populated values in pre-filled GSTR-3B from GSTR-1/1A/IFF or GSTR-2B to further enhance accuracy in return filing system.…
CHANCES THAT GSTR 9 AND 9C FILING WILL BE STARTED BY END OF THE DAY
Advisory issued regarding availability of New Invoice Management System (IMS) from 14.10.2024 The GSTN has issued an Advisory dated 14.10.2024, regarding availability of New Invoice Management System (IMS) from 14.10.2024. The new system shall facilitate…
Notification No.09/2024 - Central Tax (Rate) Impacts of RCM on Renting of any property other than residential dwelling If the tenant is Unregistered and the owner is also Unregistered under GST then GST is not…
CBIC issued Notifications to notified the date effecting change in rate of goods/ services, RCM on services, Interest waiver scheme under Section 128A These Notifications are summarized as under: A. Notification No. 21/2024-Central Tax: Notification…
Notification No. 23/2024-Central Tax: Waiver of late fees for FORM GSTR-7 (TDS return) u/s 51 from June 2021 onwards: The Notification shall be effective from 01.11.2024. Vide this Notification, CBIC provides for the waiver of late…
I. Notification No. 06/2024- Central Tax (Rate): Supply of metal scrap by an unregistered person to a registered person The 54th GST Council meeting held on 09.09.2024, has proposed reverse charge mechanism will be applied to…