New GST Registration Process: Biometric Aadhaar Authentication Now Live in 13 States added Bihar, Delhi, Karnataka & Punjab September 7, 2024by Pooja Gupta Rate this post Biometric Aadhaar authentication is now made compulsory by an amendment in the CGST Act and Rules for all new GST registrations across India. The [...]

GST Council to deliberate on taxation of insurance premium, online gaming September 9, 2024by Pooja Gupta Rate this post Finance Minister Nirmala Sitharaman in her reply to discussion on the Finance Bill had said 75 per cent of the GST collected goes to states and opposition members should ask their [...]

To facilitate taxpayers in invoice matching, GSTN to launch IMS from Oct 1 September 9, 2024by Pooja Gupta Rate this post This facility shall be available to the taxpayer from October 1 onwards on the GST portal. | Photo: Shutterstock GST Network will launch the Invoice Management System (IMS) from [...]

Highlights from the 54th GST Council Meeting: Key Decisions and Implications September 9, 2024by Pooja Gupta Rate this post The 54th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, brought forward significant decisions and updates on key tax matters, directly impacting sectors like healthcare, insurance, online [...]

Press Release: 54th GST council meeting September 9, 2024by Pooja Gupta Rate this post Union Finance Minister Smt. Nirmala Sitharaman chairs the 54th meeting of the GST Council, at Sushma Swaraj Bhawan, in New Delhi, today. Along with the Union Finance Minister, Union Minister of State for Finance Shri M [...]

GST Rate Changes on Goods as per 54th GST Council Meeting September 10, 2024by Pooja Gupta Rate this post The 54th GST Council meeting, chaired by the Union Finance Minister, Nirmala Sitharaman, was held on 9th September 2024. Several key decisions regarding changes in the GST rates on goods were [...]

New GST Rate Changes on : Services as per 54th GST Council Meeting September 10, 2024by Pooja Gupta Rate this post The 54th GST Council meeting, held on 9th September 2024, brought forth several important recommendations and clarifications related to the GST rates on services. The meeting focused on addressing [...]

Reverse Charge Mechanism (RCM) Changes as per the 54th GST Council Meeting September 10, 2024September 10, 2024by Pooja Gupta Rate this post The 54th GST Council meeting, held on 9th September 2024, introduced key updates to the Reverse Charge Mechanism (RCM) under GST. RCM shifts the responsibility of paying GST [...]

B2C E-Invoicing: by 54th GST council meeting September 10, 2024by Pooja Gupta Rate this post The 54th GST Council Meeting marked a significant milestone in the evolution of India’s Goods and Services Tax (GST) regime. One of the key decisions was the recommendation to pilot B2C e-invoicing. B2C E-invoicing:The GST [...]

GST Council Approves Amnesty Scheme for Tax Demands u/s 73 for 2017-18, 2018-19 and 2019-20 September 10, 2024by Pooja Gupta Rate this post The 54th GST Council meeting has given the green light to a much-anticipated amnesty scheme that will allow taxpayers to waive interest or penalty on tax demands [...]