Important Update: GSTR-2B Generation for January 2025 to be Delayed Due to Revised GSTR-1 Due Dates, know the date January 14, 2025by Pooja Gupta Rate this post Due to the extension in the due dates for filing GSTR-1 for the tax period of December 2024, the generation of GSTR-2B for [...]

New Form SPL 01 & 02 available on GST portal for GST Amnesty Scheme 128A January 15, 2025by Pooja Gupta Rate this post The GST Network (GSTN) has issued an important advisory regarding the Waiver Scheme under Section 128A, outlining essential updates and procedural guidance for taxpayers. Below is a [...]

8 New GST Rate notification issued for changes in GST rates, RCM and Exemptions from Jan 2025 January 17, 2025by Pooja Gupta Rate this post The Ministry of Finance, through the Central Board of Indirect Taxes and Customs (CBIC), has issued multiple notifications dated 16th January 2025 to implement the [...]

New GST Rate of FRK and New definition of pre-packaged and labelled Notification No. 01/2025-Central Tax (Rate) January 17, 2025by Pooja Gupta Rate this post Date: January 16, 2025Issued By: Ministry of Finance, Department of RevenueEffective Date: Immediate The Central Government, exercising its powers under sub-section (1) of Section 9 [...]

New change in GST RCM on Rent, Notification No.07/2025 CT(R) January 17, 2025by Pooja Gupta Rate this post Date: January 16, 2025Issued By: Ministry of Finance, Department of RevenueEffective Date: Immediate The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 07/2025-Central Tax (Rate) to implement recommendations [...]

No GST RCM on Sponsorship Services, Notification No. 07/2025-Central Tax (Rate) January 17, 2025by Pooja Gupta Rate this post Date: January 16, 2025Notification:Notification No. 07/2025-Central Tax (Rate)Issued By: Ministry of Finance, Department of RevenueEffective Date: Immediate In alignment with the recommendations of the 55th GST Council Meeting held on December [...]

GST Amendments for Hotel and Restaurant Services (Notification No. 05/2025 & 08/2025-Central Tax (Rate)) January 17, 2025by Pooja Gupta Rate this post Date: January 16, 2025Effective From: April 1, 2025Issued By: Ministry of Finance, Department of Revenue The CBIC, through Notification No. 05/2025and Notification No. 08/2025-Central Tax (Rate), introduces significant [...]

18% GST on all Old and Used Vehicles: Notification No. 04/2025-Central Tax (Rate) January 18, 2025January 17, 2025by Pooja Gupta Rate this post Date: January 16, 2025Issued By: Ministry of Finance, Department of RevenueEffective Date: Immediate The CBIC, through Notification No. 04/2025-Central Tax (Rate), has implemented changes to the GST [...]

Big relief for GST taxpayers: CBIC changes arrest and bail guidelines under GST January 18, 2025by Pooja Gupta Rate this post Now a Goods and Service Tax (GST) proper officer can’t arbitrarily arrest a GST registered person due to a recent amendment in GST arrest instructions. Moreover, now GST proper [...]

New GST RCM Provisions for Renting and Sponsorship Effective 16 Jan 2025 January 18, 2025January 18, 2025by Pooja Gupta Rate this post The GST Council has introduced significant amendments to the Reverse Charge Mechanism (RCM) under Notification No. 13/2017 of Central Tax (Rate), impacting two key entries: Entry No. 5AB [...]