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…
CBIC Issues Clarifications Regarding Applicability of GST on Certain Services
By: Admin July 16, 2024 Categories: 53rd GST Council Meet | Notification & Circular The CBIC, vide Circular No. 228/22/2024-GST dated July 15, 2024, issued clarifications regarding the applicability of…
CBIC Notifies Extension for Filing FORM GSTR-4
By: Admin July 11, 2024 Categories: 53rd GST Council Meet | Notification & Circular Background In the 53rd Meeting of the GST Council held on June 22, 2024, it was…
CBIC Notifies Procedure for Refund of Additional Integrated Tax Due to Price Revision of Exported Goods
By: Admin July 12, 2024 Categories: 53rd GST Council Meet | Notification & Circular Background In the 53rd Meeting of the GST Council held on June 22, 2024, it was…
CBIC Extends the Time Limit for Filing FORM GST RFD-11
By: Admin July 12, 2024 Categories: 53rd GST Council Meet | Notification & Circular Notification The CBIC, through Notification No. 12/2024 – Central Tax dated July 10, 2024, has amended…
CBIC Notifies Adjustment of Negative Liability in FORM GSTR-3B
By: Admin July 11, 2024 Categories: 53rd GST Council Meet | Notification & Circular Background Previously, CBIC via Notification No. 14/2022 – Central Tax dated July 05, 2022, allowed negative…
CBIC Notifies FORM GSTR-1A to Facilitate Amendments in FORM GSTR-1
By: Admin July 11, 2024 Categories: 53rd GST Council Meet | Notification & Circular Background In the 53rd GST Council meeting held on June 22, 2024, it was recommended to…
CBIC Exempts Taxpayers with Turnover Up to ₹2 Crore from Filing Annual Returns for FY 2023-24
By: Admin July 11, 2024 Categories: 53rd GST Council Meet | Notification & Circular Background In the 53rd GST Council meeting held on June 22, 2024, in New Delhi, the…