By: AdminJuly 04, 2024Categories: GST Law | GST Portal Updates |Important News4 Min Read The GSTN has issued an Advisory No. 501 dated July 04, 2024 regarding the enhancements to…
Enhancements to Address-Related Fields in GST Registration Functionalities
By: AdminJuly 04, 2024Categories: GST Law|GST Portal Updates|Important News4 Min Read The GSTN has issued an Advisory No. 501 dated July 04, 2024 regarding the enhancements to Address-Related Fields in…
Eyebrows raised after Centre stops release of monthly GST data
By: AdminJuly 04, 2024Categories: GST Recent News4 Min Read Even as the country marked the seventh anniversary of the implementation of the Goods & Services Tax (GST) on 1 July,…
States’ GST kitty expected to rise 13%-14% this year: CRISIL
By: AdminJuly 04, 2024Categories: GST Recent News4 Min Read Revenues of India’s top 18 States are likely to grow by 8%-10% this fiscal year to about ₹38 lakh crore, accelerating…
Recipient can claim ITC on exempt services where supplier has charged GST
By: AdminJuly 04, 2024Categories: Advance Ruling-New4 Min Read The Odisha AAR, In Re: EFC logistics India (P.) Ltd., [ORDER NO. 08/ODISHA-AAR/2023-24 dated May 24, 2024] held that the assessee can…
Larger states to get more money thanks to buoyant tax mop-ups and Central transfers: Report
By: AdminJuly 04, 2024Categories: GST Recent News4 Min Read Buoyant tax collections, particularly from GST and Central transfers, are expected to help larger states increase their revenue by 8-10 percent…
GSTN enabled new functionality on the GST portal to track the return filing status of registered persons on a financial year-wise
By: AdminJuly 04, 2024Categories: GST Portal Updates|Important News4 Min Read New functionality has been enabled on the GST portal to track the return filing status of registered persons on a…
Reduce GST on ghee to curb adulteration: IDA urges GOI
By: AdminJuly 04, 2024Categories: GST Recent News4 Min Read In the wake of the fake ghee making factories that are busted every year, India’s dairy sector has demanded a reduction…
Union Budget 2024: Sivakasi firecracker industry want GST reduced
By: AdminJuly 03, 2024Categories: GST Recent News4 Min Read Sivakasi in Tamil Nadu is known for its firecracker industry. The firecracker industry here has a turnover of around Rs 5,000…
Govt may discontinue monthly GST releases; shorter statement on the cards
By: AdminJuly 03, 2024Categories: GST Recent News4 Min Read The finance ministry may discontinue the practice of releasing a statement outlining GST collections data on the first day of every…