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New Delhi: The Goods and Services Tax Network (GSTN) has issued important advisory on the GST Amnesty Scheme. The latest advisory is applicable for registered taxpayers under goods and services tax (GST). GSTN in its July 16 advisory said, “Taxpayers who have filed waiver applications in Forms SPL 01/SPL 02 are receiving orders from the…
New Delhi: The Goods and Services Tax Network (GSTN) has announced two major changes regarding GST return and GSTR-3B. In its advisory on June 7, GSTD said that from the July 2025 tax period, the monthly GST payment form GSTR-3B will become non-editable. Additionally, taxpayers will also not be allowed to file any GST returns…
New Delhi: The Central Board Of Indirect Taxes And Customs (CBIC)has made revision in rules pertaining to Central Goods and Services Tax Rules, 2017. New Rules Applicable From Which Date? In a circular issued on 27 May 2025, the CBIC said that these rules may be called the Central Goods and Services Tax (Second Amendment)…
New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance has issued a circular announcing fee waiver for late or delayed filing of GSTR-9C. In a circular the CBIC said, “In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12…
GST Rule 2025: The Central Board of Indirect Taxes and Customs has notified an amendment to GST rules to issue TIN to entities that are not required to register under the GST Act but need to make payments under some specific provision. |Last Updated: Jan 24, 2025, 02:12 PM is|Source: PTI Source link [ad_3]
New Delhi: Bringing a huge relief for the GST taxpayers, the government on Friday (January 11) extended the deadline for filing monthly GST sales return form GSTR-1 and GST payment by 2 days amidst numerous claims by taxpayers who reported that filing of GST was not possible due to technical glitches in the GSTN system….
Last Updated:January 01, 2025, 4:13 PM IST After adjusting refunds, net GST collection in December 2024 increases by 3.3 per cent to Rs 1.54 lakh crore. GST collection in December 2024. Gross GST collections in December 2024 stood at Rs 1,76,857 crore, which is 7.3 per cent higher as compared to last year, according to…
Tamil Nadu GST Row: The Goods and Services Tax has been a bone of contention between the BJP and the Congress. Leader of Opposition Rahul Gandhi had once termed it ‘Gabbar Sing Tax’. The Congress got fresh ammunition after a video of a conversation between Finance Minister Nirmala Sitharama and Tamil Nadu’s famous restaurant chain…
New Delhi: The GST Council on Monday reached a broad consensus on reducing taxes on health and life insurance premiums, and a final decision on this would be taken in the November meeting. The Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, exempted from GST grants or funds received for R&D…
The Goods and Services Tax (GST) Council is considering a proposal to impose an 18% GST on payment aggregators (PAs) for processing small digital transactions up to Rs 2,000 via debit and credit cards. This proposal is expected to be discussed at the Council’s meeting on September 9, according to a CNBC-TV18 report. As per…