By: Admin | August 21, 2024 | Categories: GST Law, Press Release | 4 Min Read Conference Overview On August 20, 2024, New Delhi hosted the second National Conference of…
CBIC Advises GST Officials to Consult Board for Law Interpretation During Audits
By: AdminAugust 17, 2024Categories: GST Recent News4 Min Read Introduction The Central Board of Indirect Taxes and Customs (CBIC) has introduced new guidelines for GST audits. These guidelines emphasize that…
CBIC Announces Guidelines for Second Special All-India Drive Against Fake GST Registrations
By: AdminDate: August 12, 2024Categories: CBIC | GST Law | Notification And CircularReading Time: 4 Minutes Overview of the All-India GST Drive 2024 The CBIC issued Instruction No. 02/2024-GST on…
DGGI Issues 1,000+ Tax Notices to Businesses Before August 5 Deadline
By: AdminAugust 17, 2024Categories: GST Recent News4 Min Read Overview of DGGI’s Increased Tax Notices and Enforcement The Directorate General of GST Intelligence (DGGI) has recently intensified its tax compliance…
GSTR-1A Now Live and Functional on GST Portal
By: AdminDate: August 12, 2024Category: GST Law | GST Portal Updates | Important NewsRead Time: 4 Min The Goods and Services Tax Network (GSTN) has enabled GSTR-1A, a form allowing…
CBIC Uncovers Rs. 36,374 Crore Fake ITC in FY 2023-24: 9,190 Cases Detected
By: Admin|July 30, 2024|Categories: CBIC|GST Law|Press Release In a significant revelation, the Central Tax formations under the Central Board of Indirect Taxes and Customs (CBIC) uncovered a staggering Rs. 36,374…
GST Rate Rationalisation: Group of Ministers to Provide Status Update Next Month, Says CBIC Chairman
By: Admin | July 27, 2024 | Categories: GST Recent News Three-Slab GST Rates:Taxation, customs, and excise in India are set to witness a paradigm shift as laws related to…
CBIC Chairman Proposes 3-Tier GST Structure to Minimize Litigation and Harmonize Rates
By: AdminJuly 26, 2024Categories: GST Recent News4 Min Read In a significant development following Finance Minister Nirmala Sitharaman's call for GST rate rationalization in her Budget speech on July 23,…
No GST Registration for Identified Taxpayers Without Biometric Aadhaar Authentication and In-Person Verification
The Central Board of Indirect Taxes and Customs (CBIC) announced on July 19, 2024, that a biometric-based Aadhaar authentication process for GST registration is now mandatory for taxpayers identified through…
CBIC Issued Clarification Regarding GST Rates & Classification (Goods) Based on the Recommendations of the GST Council in Its 53rd Meeting
By: Admin Date: July 16, 2024 Categories: 53rd GST Council Meet | Notification & Circular The CBIC issued Circular No. 229/23/2024-GST dated July 15, 2024, providing clarifications on GST rates…