The government keeps on amending and updating the provisions related to different types of taxes. The reason could be anything, but in most cases, the changes are made for the ease of the taxpayers.
In this article, you will get to know about such amendments related to GST Update.
Goods and Services Tax (GST) in India
Goods and Services Tax is the tax levied by the Indian Government on the procurement of goods or services in the country. The tax was introduced in the year 2017. The tax has replaced all the other indirect taxes, like Value Added Tax (VAT), and compressed them into a single tax. GST (Goods and Services Tax) is charged by the government in slabs.
The present slabs are 5%, 12%, 18%, and 28%. GST is managed by the Goods and Services Tax Council and is governed by the Goods and Services Tax Act, of 2017.
GST is levied on all types of goods and services except petroleum products, and electricity, on which the taxes are levied by the state governments. It is divided into two parts namely, State Goods and Services Tax (SGST) collected by state governments and Central Goods and Services Tax (CGST) collected by the central government.
The share of both governments is equal to GST. For example, if 5% GST is being charged on a product the SGST (2.5%) and CGST (2.5%) will be equal. There is another type of tax Integrated Goods and Services Tax (IGST) that is charged on goods and services supplied inter-state.
The tax was introduced to remove the cascading of taxes, the situation of collecting multiple taxes on every level of production. It is done under GST too, but the manufacturer is refunded back on further levels. It is a destination-based tax, it is collected by the state in which the said good or service is consumed rather than by the state in which the good or service was manufactured.
Moreover, you can read the latest GST (goods and services tax) news which are trending among readers.
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Latest GST Updates for Companies & Taxpayers
03rd May 2024
- Uttar Pradesh GST circular no 23/2425002/23, traders registered in corporate circles across the state are subject to different tax jurisdictions depending on where they are located. Based on 50,000 dealers’ information, as well as the top 100 traders from each zone, the circular was designed to streamline jurisdictional matters. Read more
- Regarding the registration procedure for registered rent deeds under the GST Act, the Assam GST Department has released Circular No. 1/2024, dated March 30, 2024. Read more
01st May 2024
- GST revenue collection for April 2024 is the highest ever recorded, with a total of Rs 2.10 lakh crore. Read PDF
26th April 2024
- GSTN has announced an enhanced version of the GST portal that will be launched on 3rd May 2024. The new version aims to improve user experience and ensure easy navigation. read more Read PDF
12th April 2024
The GST department has pushed back the due date of GSTR 1 to 12th April for March 2024 because taxpayers were facing several technical problems. read more
10th April 2024
- GSTN department has published an advisory regarding the reset and re-filing of some taxpayers’ GSTR-3B. Read Advisory
08th April 2024
- GSTR-1 filers can now fetch the HSN summary from GST e-invoices. However, if the HSN code is not available, taxpayers need to manually add it to the HSN summary. View more Read Advisory
04th April 2024
- The GSTN department has issued an advisory required to generate an e-invoice from 1st April 2024 if their turnover exceeds INR 5 crores in FY 2023-24. View more
- The GST portal will upgrade from 12:00 AM to 07:00 AM on 05th April 2024. During this time, the portal services will be unavailable.
02nd April 2024
- CBIC Instruction No. 01/2023-24: To support ease of doing business for CGST field formations while engaging in regular taxpayer investigation. Read PDF
01st April 2024
- The GSTN department has released the GST collection report for March 2024 which shows the figure of INR 1.78 lakh crore. Read PDF
12th March 2024
- The GST department has issued the advisory on GSTR-1/IFF to capture the amendment details of the supplies made through ECO in tables 14A and 15A. View more, Read the PDF
11th March 2024
- The new advisory for integration of GST E-Waybill services with four new IRP portals. Read more
08th March 2024
- Alert taxpayers! Due to maintenance e-Way Bill and e-Invoice systems will be down on Friday 11:30 PM to 12:30 AM.
07th March 2024
- For easy GST payment, the tax department has added new banks to the official portal. View more
05th March 2024
- GST collection for February 2024 amounted to INR ₹1,68,337 crore. read press release
29th February 2024
- The GST portal services will be unavailable from 01:00 AM to 5:30 AM on 1st March 2024. We regret the inconvenience caused.
- Some taxpayers have reported delays in registration despite successful Aadhar authentication by Rules 8 and 9 of the 2017 CGST Rules. For that reason, the CBIC has published an advisory. Read More
21st February 2024
- GSTN published the advisory to improve initiatives & launch of enhanced official E-Invoicing Portal (https://einvoice.gst.gov.in). Read more
13th February 2024
- Taxpayers can choose the composition scheme for the FY 2024-25 by visiting the GST Portal by March 31, 2024. File Form CMP-02 under Navigation ‘Services -> Registration -> Application to Opt for Composition Levy’.
09th February 2024
- GSTN has added four new states (Jharkhand, Karnataka, Rajasthan, and Tripura) for credit and debit card payments on the GST portal.
31st January 2024
- As per Notification No. 78/2020 e-way bills will require reporting of 4/6 digit HSN code from 1st February 2024.
24th January 2024
- The central goods and services tax rules, 2017 advisory regarding disclosure of bank account details by registered taxpayers. View More. View More
19th January 2024
- The GST department started a new facility in 10 states to make a GST payment via UPI. View more
16th January 2024
11th January 2024
- Blocking the generation of E-Way Bills without e-Invoices/IRNs is no longer in effect. View more
08th January 2024
- From 1st February 2024, four and six-digit HSNs will be added to e-Waybills. Beginning in March 2024, e-invoice enabled taxpayers will no longer be able to generate E-Way Bills without e-invoice/IRN details. Read more
05th January 2024
- GSTN enables businesses to make GST payments using credit and debit cards through Kotak Mahindra Bank. View more
02nd January 2024
- GST collection for December 2023 amounted to INR 1,64,882 crore, exhibiting a notable growth of 10.3% as compared to the previous month. For more detailed information, you can refer to the read press release
01st January 2024
- GST collection for December 2023 amounted to INR 1,64,882 crore, exhibiting a notable growth of 10.3% as compared to the previous month. For more detailed information, you can refer to the read press release.
- The new functionalities related to the filing of online declaration in Annexure V and Annexure VI for the new and existing GTA Taxpayers. View more
28th December 2023
- Karnataka Bank Limited and RBL Bank Limited have joined the Goods and Services Tax Network (GSTN) which now has 25 banks that facilitate GST payments. View More
21st December 2023
- Through the bill, the provisions of the CGST Act are aligned with the Tribunal Reforms Act 2021 so that the administrative process for implementing the GSTAT can begin. Read PDF
14th December 2023
- GST Instruction No. 05/2023 for the Supreme Court judgement in the case of Northern Operating Systems Private Limited (NOS). Read PDF
05th December 2023
- From the 15th of December 2023, taxpayers with an AATO of 5Cr or more will have to submit at least 6 digit HSN on their e-Invoices. View more
02nd December 2023
- The November 2023, GST collection is INR 1,67,929 lakh crores an increase of 15%. Read PR
01st December 2023
- Two-factor Authentication advisory has been rolled out for Punjab, Chandigarh, Uttarakhand, Rajasthan and Delhi states. View More
- GST registration applicants in Andhra Pradesh, advisory for a pilot project to authenticate Aadhaar biometrically and verify documents. View more
29th November 2023
- Here is important news regarding amnesty provisions related to missed appeal filing deadlines for orders passed on or before March 31, 2023. Keep an eye out for CBIC advisory on these procedures. Read PDF
- The CBIC issues instructions for proper officers to serve GST DRC-01 and upload DRC-07 notices electronically through the government portal. Read PDF
18th November 2023
- This guide and instruction set will walk you through direct API integration with any of the six IRPs for E-Invoice reporting. View more, Read PDF
14th November 2023
- The GSTN advisory for taxpayers on reversing the Input Tax Credit under rule 37(A). View More
- The GST department has published the advisory for ITC mismatch – GST DRC-01C. View more
10th November 2023
- An advisory regarding the amnesty for taxpayers who missed the appeal filing deadline for orders passed before March 31, 2023. View More
- The advisory for taxpayers and transporters regarding the verification of transporter ID (TRANSIN) in the e-waybill system. Read PDF
06th November 2023
- An advisory for Gujarat and Puducherry GST Registration Applicants on biometric-based Aadhaar authentication and document verification. View More
- From 20th November 2023, 2-factor authentication will be mandatory for taxpayers with an AATO greater than Rs 20 Crore. Read more
03rd November 2023
- GST Amnesty scheme for taxpayers who have been unable to file an appeal against orders made before 31 March 2023. Check all prerequisites here.
02nd November 2023
- The October 2023, GST collection is INR 1.72 lakh crores an increase of 13%. Read PR
28th October 2023
- The CBIC has introduced new advisory changes made in Table 5B in GSTR 5A report supplies made to Registered GSTINs (B2B supplies). View More
19th October 2023
- More than 6,000 fake ITC cases were reported by the DGGI between April 2020 and September 2023, involving more than Rs. 57,000 crore of GST evasion. 500 people were arrested in this regard. Read PDF
18th October 2023
- The GST department has published the advisory on GST REG-10 and Form GSTR-5A. View more
17th October 2023
- The GSTN department has published the offline utility for TDS & TCS credit received v2.2. Download now
16th October 2023
- A new instruction has been released by the Kerala GST Department about the issuance of separate notices to taxpayers under sections 73 & 74. Read More
13th October 2023
- The enrollment option is available to GST-unregistered suppliers who desire to offer goods via online platforms. View more
- A facility for online merchants that allows unregistered providers of goods to supply goods. View more
07th October 2023
- 52nd GST Council Meeting Updates: Click here
06th October 2023
- Introduction of Compliance Pertaining to DRC-01C (Difference between GSTR-2B and GSTR-3B Input Tax Credits). View More Read PDF
04th October 2023
- The new functionality for downloading JSON e-Invoice is now live on the official e-Invoice Portal. View More, Read PDF
03rd October 2023
- The GST department has enabled the ITC mismatches functionality between GSTR-2B & GSTR-3B to deal with the DRC-01C form.
- The GST collection for September 2023 has crossed ₹ 1,62,712 crore gross. Read PR
27th September 2023
- On September 28 2023, at 12:00 AM, GSTN will improve services on the GST official portal. Services for the portal did not start until 6:30 AM on September 28.
- GSTN department advisory on temporary pause in e-Invoice auto-population in GSTR-1 form. View more
20th September 2023
- When supplying to government departments/agencies, taxpayers must generate B2B e-invoices with GSTINs of those departments/agencies. Read more
- The GSTN department has added a geocoding new functionality for Additional Place of Business. View more
14th September 2023
- The GST portal will be enhanced from 12:00 AM on 15th Sep’23. Services for the GST Portal will not be available until 06:30 AM on 15th Sep’23. Our apologies for the inconvenience.
11th September 2023
- All taxpayers with AATO over Rs 20 crore will be required to use two-factor authentication as of 1st November 2023.
- Taxpayers with an AATO up to or exceeding 100 crores and using e-invoice portals will be required to submit invoices within 30 days from 1st November 2023. Read PDF
06th September 2023
- A notification dated 15th October 2020 states that taxpayers whose aggregate annual turnover (AATO) exceeds Rs 5 Crore shall include at least a 6-digit HSN code in an e-invoice or e-Waybill and other taxpayers shall include at least a 4-digit HSN code. Taxpayers have already adapted to the change and are expected to comply by the due date. From 1st October 2023, this will be mandatory for e-Waybills and e-Invoices. Read Also
01st September 2023
- The GSTN has introduced Electronic Credit Reversal and Re-claimed statements for correct and accurate reporting of ITC reversal. View More, Read PDF
31st August 2023
- The new advisory on reporting of ITC reversal opening balance is now live on the official GST portal. View more, Read more
28th August 2023
- A New Advisory for applicants with GST Registration applications marked for biometric authentication using AADHAAR. View more
25th August 2023
21st August 2023
- State of Haryana, Assam, Gujarat, and the union territories of Dadra & Nagar Haveli, Daman & Diu, and Puducherry are launching an invoice incentive scheme on September 1, 2023. View more
01st August 2023
- The GST collection for July 2023 has crossed ₹1,65,105 crore. Read PR
28th July 2023
- The GSTN department has scheduled the 51st GST council meeting on 2nd August 2023 via a video conferencing
- The GST department has published a statistical report on the completion of 6 years of GST. Read PDF
25th July 2023
- The GSTN department has enabled the e-Invoice exemption declaration functionality on the GST e-Invoice portal. View more
13th July 2023
- The CBIC will organise the online webinar on DRC-01B functionality for liability mismatch.
| Hindi | Marathi | Tamil |
|---|---|---|
| 17-07-2023 | 20-07-2023 | 24-07-2023 |
| Monday | Thursday | Monday |
| 11:30 AM | 12:30 PM | 11:30 AM |
| Sh. Sanjay Yadav, GSTN | Sh. Bhagwan Patil, VP, GSTN | Sh. Rafi Ahamed Kidwai, GSTN |
| https://www.youtube.com/watch?v=VSw1jA_KLcs | https://www.youtube.com/watch?v=HfsxfEVfPic | https://www.youtube.com/live/qhdaK8Hy7bc?feature=share |
07th July 2023
- The Central Government vide Notification F. No. P.12011/2/2009-ES Cell-DOR dated July 07, 2023, has been amended under the Prevention of Money-Laundering Act, 2002 (“the PML Act”). The amendment introduces GSTN entry. Read more
- The geocoding function is now available in all states and union territories. View more
05th July 2023
- The Sh. Naveen Agrawal, I.R.S. GSTN shall organize the webinar on DRC-01B liability mismatch on Friday. View more
03rd July 2023
- The GST collection for June 2023 has crossed ₹1,61,497 crore. Read PR
30th June 2023
- “Advisory: Online Compliance Pertaining to Liability / Difference Appearing in R1 – R3B (DRC-01B)”. Read more
28th June 2023
- The due date for filing the GSTR-3B form for districts such as Kutch, Jamnagar, Morbi, Patan and Banaskantha in the state of Gujarat till now 30th of June for the month of May 2023. Read more
19th June 2023
- GSTR 7, GSTR 3B and GSTR 1 forms due dates have been extended for taxpayers whose principal place of residence is situated in Manipur State. read notification
16th June 2023
- “Update on Enablement Status for Taxpayers for e-Invoicing” Read More
14th June 2023
- The CBIC instruction No. 03/2023 for obtaining fake/ bogus registration under GST. Read more
14th June 2023
- GSTN e-Invoice team & Representatives of IRP portals will be organized the webinar for e-Invoicing and Invoice Registration Portals (IRPs) on 26 June 2023.
| Webinar Topic | e-Invoicing and Invoice Registration Portals (IRPs) |
| Language of webinar | English |
| Date | 23.06.2023 Friday |
| Time | 11:30 AM |
| Speaker | GSTN e-Invoice team & Representatives of IRP portals |
| YouTube Link for Webinar | https://www.youtube.com/watch?v=XRCEZbCG2lQ |
13th June 2023
- All taxpayers with an AATO over 100 crores will be required to use two-factor authentication from 15/07/2023. Read more
09th June 2023
- The GSTN department has issued the advisory for the E-Invoice Verifier App. View More
02nd June 2023
- The GST collection for May 2023 has crossed ₹1,57,090 crore. Read PR
29th May 2023
- Goods Transport Agency (GTA) filing of Declaration in Annexure V when opting to pay tax under forward charge. View more
- The DGTS CBIC department will schedule the webinar on the GST Amnesty scheme.
- Meeting URL: https://dgts.webex.com/wbxmjs/joinservice/sites/dgts/meeting/download/d0b39d4f95bf40d18261029f1ee68daf?siteurl=dgts&MTID=m5be8ca8857772d3d21b12fba6317353a
- Meeting number-2512 235 8736
- Password-1234
29th May 2023
- The GST authority notified instruction No. 02/2023 related to the Scrutiny of Returns for SOP. Read more
25th May 2023
- The GSTN department will organise the webinar for the new e-invoice FO portal on 29th May 2023. View more
19th May 2023
- The E-invoice new functionality for searching e-Invoice/IRN for the document number is now enabled at the official portal. Read more
18th May 2023
- The Chennai GST dept has added new useful functionality to view the Aadhaar authentication status, view/download e-KYC documents, and upload e-KYC documents in the PV report-reg. Read more
10th May 2023
- The CBIC department has published instruction guide no.01/2023 regarding fake GST registrations. Read more
08th May 2023
- The GSTN has updated the time limit advisory for businesses with over Rs 100 crore in revenue to upload their old e-invoices by 3 months. View More
05th May 2023
- The GSTN new advisory for taxpayers who have faced GSTR-3B filing problems in the period of March 2023. View more
04th May 2023
- The Odisha finance department of the commissionerate of CT & GST has published an advisory regarding Document Reference Number (RFN) generation for communicating with taxpayers and verifying RFNs through the GST portal. Read More
28th April 2023
- A new facility for verifying document Reference Numbers (RFN) mentioned in offline communications issued by State GST authorities. View more
25th April 2023
- The GSTN is pleased to inform you that the bank account validation functionality has now been integrated with the GST System. To ensure that Tax Payers provide the correct bank accounts, this feature has been introduced. Read more
13th April 2023
- For taxpayers with AATO greater than or equal to 100 crores, it has been decided that a time limit will be imposed on reporting old invoices on the e-invoice IRP portals. read more
10th April 2023
- The West Bengal GST circular number 01/2023 for the Directorate issues communications under GST to taxpayers and other interested parties by referencing the Document Identification Number (DIN). Read more
03rd April 2023
- At the end of March 2023, GST collection has crossed ₹1,60,122. Read PDF
25th March 2023
- Taxpayers are now permitted to transfer amounts in Cash Ledger from one GSTIN to another GSTIN on the same PAN using GST PMT-09 form. View more
23rd March 2023
- New guidelines related to the 6-digit valid HSN code in the e-Invoice on IRPs official portal. read more
22nd March 2023
- The CBIC advisory for the taxpayer to register in GST as a “One Person Company”. Read More
14th March 2023
- Rajasthan government has published the guidelines via order number F.12(5) related to the GST refund for a specific time period. View more
14th March 2023
- The Rajasthan government has shared the guidelines for reimbursement of late fee payable deposit under section 47. Read Order
08th March 2023
- GSTN has enabled the new option of using the cash ledger balance of one GSTIN (an entity with the same PAN) to fund another GSTIN through tax form GST PMT-09, which has been made effective in the GST official site.
06th March 2023
- The new advisory is available for e-invoice registration services via private IRPs. View more
02nd March 2023
- The GST collection for February 2023 has crossed ₹1,49,577 crore. Read PR
25th February 2023
- The advisory shared by the GST department for a report on tax-paying by Goods Transport Agencies (GTAs) under the forward charge mechanism. View More
- The GSTN department has published a new advisory for reporting e-Invoice. View More
23rd February 2023
- The CBIC shared the important FAQs for location-based geocoding of existing regular taxpayers’ principal places of business (Only applicable for Delhi and Haryana). Read PDF
20th February 2023
- The GST portal has introduced negative values in Table 4 which comes under form GSTR 3B return. read more
- The central government has shared a press release related to all updates of the 49th GST Council meeting. Read more
06th February 2023
- For Financial Year 2023-24, regular taxpayers can opt for the composition scheme by navigating to the ‘Services-> Registration-> Composition Scheme Application Form’. It will be available on GST Portal until 31st March 2023.
- GST Council’s 49th meeting is scheduled for 18 February 2023 in New Delhi.
01st February 2023
- PIB India has shared the data of GST Revenue for January 2023 via a press release.
18th January 2023
- GSTIN has shared the advisory for GSTR 3B filings issues which were faced by taxpayers during the period 01.10.2022 to 30.11.2022. View more
13th January 2023
- The Automated Drop Proceedings new functionality is now implemented on the GST official Portal by authorities. View More
- The department has shared the details of the new functionalities for the GST stakeholders. The December 2022 functionalities are related to the claim of a refund, returns, registration, etc. Read PDF
11th January 2023
- The GSTN has enabled the new functionality Letter of Undertaking (LUT) for the FY 2023-2024.
- The DGST KZU will be organized the webinar on GST Revocation of Cancellation of Registration and GST Registration process in the Bengali language on 12th January 2023 at 3:00 PM.
01st January 2023
- PIB India has shared the data of GST Revenue for December 2022 via a press release. Read PDF
GST Updates in 2022, 2021 and 2020
