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This portal provides effective GST (Goods and Services Tax) news about what is going in the financial world such as filing, taxes, evasion of taxes, etc. The financial news will bring you the knowledge and are helpful for the CAs.
The Blogs on this portal will also tell you about the trending GST news and financial updates whether it might be from any government or non-government portal. You can also stream into the GST articles relevant to the GST REG, the updated scheme for the people of India, and awareness about how to manage or provide consultancy to the people of India in managing their businesses.
The blog will regularly provide press releases of the GST council meetings held by the finance minister of India. Moreover, people can also seek information about the petitions imposed by the applicant and the progress or the result of the cases.
Businesses with Aggregate Annual Turnover (AATO) greater than Rs 10 crore from April 1, 2025, will not be permitted to report e-invoices older than 30 days on the reporting date under the goods and services tax (GST). The same reform will ensure the GST payment within time and shall govern the delays in the reporting […]
On 25th September (Wednesday) the Gujarat High Court said that the applicable Goods and Services Tax (GST) to fly ash bricks and blocks with less than 90% fly ash content. It was carried by the court that the products entitled to a lower GST rate of 5% than the 18% GST rate on products that […]
The Goods and Services Tax (GST) portal has activated Form DRC-03A which allows the taxpayers to adjust or set off the voluntary payments against the order of demand. The same new form is been introduced Under Notification 12/2024, which is an addition to the GST compliance process. The DRC-03A form acts as a continuation of […]
Amendments have been introduced by the Central Government to the Central Goods and Services Tax Act, 2017, under the Finance (No. 2) Act, 2024, which has the objective of improving tax compliance and facilitating the load on taxpayers. the Gujarat government has furnished an ordinance revising the state GST act to extend these relaxations in […]
Customers who replace electricity meters for a three-phase electricity connection, after damage or disconnection, will not be required to pay 18% GST on replacement charges of 1,610 to Tamil Nadu Power Distribution Corporation Ltd (TNPDCL), permitting them to save 290. GST on 25 services has been removed by TNPCDL on all consumers from households to […]
An advisory has been released by the Goods and Services Tax Network (GSTN) which notifies the taxpayers that the GST portal shall introduce a filing limitation on specific GST returns more than three years past their due date. GSTN has also confirmed that these changes, which restrict GST return submissions after a three-year duration, will […]
It was cited by the Delhi HC that the two adjudication orders against one SCN for the same period have not been allowed. The Division Bench of Justices Yashwant Varma and Ravinder Dudeja are concerned with the matter in which a show cause notice has been given to the taxpayer under section 74 of the […]
In October, Gross GST collection surged to 9% to Rs 1.87 lakh crore, the second highest collection ever, on the pick up in domestic sales and rectified complaints. Rs 33,821 crore, was the Central GST collection, Rs 41,864 crore, was the State GST collection, Rs 99,111 crore was the integrated IGST collection and Rs 12,550 […]
Goods and Services Tax (GST) is to get paid on the procurement of materials and installation of electricity distribution systems when accomplished via an electricity distribution company (DISCOM) under the works contract between the DISCOM and consumers/intending agencies, Uttar Pradesh Authority for Advance Ruling (AAR) ruled. Pashchimanchal Vidyut Vitran Nigam Limited, a subsidiary company of […]