Clarification on Place of Supply for Online Services Supplied to Unregistered Recipients January 5, 2025by Pooja Gupta Rate this post On December 31, 2024, the CBIC issued detailed guidelines in Circular No. 242/36/2024-GST to address issues surrounding the determination of the place of supply for online services provided to unregistered [...]

Wrap 2024: Key GST measures, from amnesty to e-invoicing, aimed at ease of doing biz, transparency January 7, 2025by Pooja Gupta Rate this post India’s Goods and Services Tax (GST) framework has continued to evolve since its introduction in July 2017, with 2024 marking a year of reforms aimed at [...]

No GST to be paid for penal charges levied by banks on borrowers: Nirmala Sitharaman January 7, 2025by Pooja Gupta Rate this post The 55th meeting of the GST council In Jaisalmer, Rajasthan also made revisions to rates applied on fortified rice kernels and gene therapy. Finance minister Nirmala Sitharaman [...]

New Table 12 for GSTR-1, GSTR-1 filing New advisory to report mandatory HSN from Jan 2025 return January 10, 2025January 9, 2025by Pooja Gupta Rate this post The Goods and Services Tax Network (GSTN) has announced the implementation of Phase-III of the mandatory mentioning of HSN codes in GSTR-1 and [...]

Facing Issues in GSTR-1 Filing? Date Extension Confirmed! January 10, 2025by Pooja Gupta Rate this post Dear Taxpayers, Technical Issues on GST Portal The GST portal is currently undergoing technical maintenance, causing disruptions in the filing process for GSTR-1 returns. These issues have been reported widely, and the authorities are [...]

Relax! Date Extended for GSTR-1 and 3B for December 2024, know the new dates January 10, 2025by Pooja Gupta Rate this post The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 01/2025 – Central Tax and Notification No. 02/2025 – Central Tax, both dated January 10, [...]

Date Extended for All GST Returns, Know the new dates January 11, 2025by Pooja Gupta Rate this post The Central Board of Indirect Taxes and Customs (CBIC) has announced an extension of due dates for various GST filings for the tax period of December 2024. These changes, notified via Notifications [...]

GST Returns Dates extended: Download Official Notification January 11, 2025by Pooja Gupta Rate this post The Central Board of Indirect Taxes and Customs (CBIC) has announced an extension of due dates for various GST filings for the tax period of December 2024. The extensions cover returns such as GSTR-1, GSTR-3B, [...]

GST Amnesty scheme waiver of interest and penalty: Step by step guide for eligible taxpayers to apply using GST SPL-02 form January 12, 2025by Pooja Gupta Rate this post Good news for GST registered taxpayers who wish to avail the GST Amnesty Scheme waiver of interest and penalty under section [...]

SC stays GST action against e-gaming cos January 14, 2025by Pooja Gupta Rate this post New Delhi: The Supreme Court on Friday stayed Goods and Services Tax (GST) proceedings against 49 online gaming companies over retrospective demand notices issued to them, a decision that pushed up the share price of [...]