GST DATE EXTENSION , New GST RETURN and SPECIAL procedure notified 2024 I GST LATEST UPDATE
GST DATE EXTENSION , New GST RETURN and SPECIAL procedure notified 2024 I GST LATEST UPDATE
Monthly Archives: January 2024
NOTIFICATION NO. 02/2024 – CENTRAL TAX GST Annual return date extension for specified cases
NOTIFICATION New Delhi, the 5th January, 2024 NO. 02/2024 – CENTRAL TAX G.S.R. 31(E).—In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following rules further to amend the Central Goods and… Read More »
Notification No. 01/2024 – CENTRAL TAX ; GSTR 3B date extension for Nov 2023 for specified cases
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 5th January, 2024 No. 01/2024 – CENTRAL TAX G.S.R. 30(E).—In exercise of the powers conferred by sub-section (6) of section 39 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Commissioner, on the recommendations… Read More »
Notificaiton No NO. 04/2024–CENTRAL TAX special procedure for Pan Masala and Tobacco manfacturer
NOTIFICATION New Delhi, the 5th January, 2024 NO. 04/2024–CENTRAL TAX S.O. 85(E).— In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government, on the recommendations of the Council, hereby notifies the following special procedure… Read More »
GST Notificaiton No 03/2024- Central Tax rescinds number 30/2023-CT,
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 5th January, 2024 No. 03/2024- Central Tax S.O. 84(E).—In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act),the Central Government,… Read More »
NEW CHANGE IN GST AND EWAY BILL FROM 1ST FEB 2024 & 1ST MARCH 2024 I GST LATEST UPDATE
NEW CHANGE IN GST AND EWAY BILL FROM 1ST FEB 2024 & 1ST MARCH 2024 I GST LATEST UPDATE
Blocking of Eway bill without Einvoice from 1st March 2024 for B2B and B2E
Blocking the generation of E-Way Bill without e-Invoice/IRN details for B2B and B2E transactions for e-invoice enabled tax payers will be done from 1st March 2024. Background e-Invoice has been operationalised since October 2020 for the taxpayers with Annual Aggregate Turn Over (AATO) above Rs. 500 Crores and eventually in a phased manner, e-Invoice generation… Read More »
New change in Eway bill from 1st Feb 2024 , HSN CODE REPORTING
National Informatics Centre E-Way Bill System – Advisory on HSN Code (Dated: 05-01-2023) As per the notification No. 78/2020 –Central Tax, dated 15th October, 2020, it is necessary to provide at least 6 digit HSN code for all the B2B and Export transactions by the taxpayers whose Annual Aggregate Turnover (AATO) is more than Rs.… Read More »
NFRA imposed Rs 50 Lakh Penalty on CA for issuing wrong Certificate of Income Tax
NFRA imposed Rs 50 Lakh Penalty on CA for issuing wrong Certificate of Income Tax NFRA in its Order No. 01/2024, dated 03.01.2024 has fined a CA ₹50 Lakhs for lapses in issuing certificate to a listed company in Form 10DA with regard to the correctness of deduction claimed by it under section 80JJAA of… Read More »
GST : Bank account of assessee should be de-freezed if appeal filed and 10% amount deposited : High Court
Bank account of assessee should be de-freezed since it filed appeal and deposited 10% of total outstanding demand: HC HIGH COURT OF MADRAS Jey Tech Moulds Dies v. Deputy Commissioner (GST)-II KRISHNAN RAMASAMY, J. W.P. NO. 33523 OF 2023 NOVEMBER 30, 2023 S. Madhusudanan for the Petitioner. T.N.C. Kaushik for the Respondent. ORDER 1. This Writ Petition has been… Read More »