Common issues in GSTR-9 : Addressing Table 8A vs. 8C Mismatches for FY 2023-24 December 10, 2024by Pooja Gupta Rate this post As per the Notification No 12/2024 Central Tax dated 10th July 2024 read with Notification No.20/2024-Central Tax Dated 8th October 2024, for FY 2023-24 onwards, the total credit [...]

GST Biometric Aadhaar Authentication active in 26 states, 3 more states in list December 16, 2024by Pooja Gupta Rate this post Do you wants to start a new business or already doing business and now wants to apply for the GST Registration then you must aware that Biometric Aadhaar authentication [...]

ITC Conditions You Should Know Before Claiming ITC Under GST December 18, 2024December 16, 2024by Pooja Gupta Rate this post Input Tax Credit (ITC) is a vital feature of the GST system, allowing taxpayers to claim credit for the GST paid on purchases or expenses against the GST liability on [...]

Changes in E-Way Bill and E-Invoice: Effective from 1st January 2025 December 18, 2024by Pooja Gupta Rate this post The GST Network (GSTN) is set to roll out significant updates to the E-Way Bill and E-Invoice Systems, effective from 1st January 2025. These updates, implemented by the National Informatics Centre [...]

New EWB Rules for Rail Transport! Enter RR Numbers Correctly December 19, 2024by Pooja Gupta Rate this post Advisory for Entry of RR No./eT-RRs in EWB System Post EWB-FOIS Integration The Goods and Services Tax Network (GSTN) has released an advisory following the integration of the E-Way Bill (EWB) system [...]

GSTR-9 and GSTR-9C Filing for FY 2023-24: All You Need to Know December 20, 2024by Pooja Gupta Rate this post Attention GST Taxpayers: File Your Annual Returns for FY 2023-24 The Ministry of Finance has reminded all GST taxpayers to file their annual returns in FORM GSTR-9 and FORM GSTR-9C [...]

GST Council likely to reduce tax rate on food delivery to 5% December 20, 2024by Pooja Gupta Rate this post The reduced tax means that the food delivery companies will no longer be eligible to claim input tax credit while filing GST. The GST Council might bring a cheer for [...]

GST Council postpones decision to cut tax on life and health insurance December 21, 2024by Pooja Gupta Rate this post 18% GST will continue on premiums paid for policies with health insurance cover of over ₹5 lakh. The GST Council on Saturday postponed a decision on cutting tax rate on [...]

55th GST Council Meeting Important decisions : Get Press Release December 21, 2024by Pooja Gupta Rate this post Press Release of 55th GST council meeting Recommendations of the 55th GST Council Meeting The 55th GST Council meeting, chaired by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, was [...]

List of new GST rates of Goods & Services announced in 55th GST council meeting December 23, 2024by Pooja Gupta Rate this post The 55th meeting of the GST Council took place on December 21, 2024, in Jaisalmer, Rajasthan, under the chairpersonship of the Union Finance & Corporate Affairs Minister, [...]