Category Archives: GST

4 NEW GST CIRCULAR ISSUED ON 31 DECEMBER 2024 BY CBIC FOR CLARIFCATIONS Number Date Subject Download 243/37/2024-GST 31-Dec-2024 Clarification on various issues pertaining to GST treatment of vouchers English 242/36/2024-GST 31-Dec-2024 Clarification on place of supply of Online Services supplied by the suppliers of services to unregistered recipients English 241/35/2024-GST 31-Dec-2024 Clarification on availability… Read More »

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Arunachal Pradesh Dec 31st, 2024 Dear Taxpayers, This is to inform taxpayers about recent developments concerning the application process for GST registration. It is advised to keep the following key points in mind during the registration process. 1. Rule 8 of the… Read More »

How to file SPL-01 and SPL 02 on GST Portal Filing process of SPL-02 1. Login into GST portal: Navigate to > Services > User Services > My Applications. 2. On Navigating to ‘My Applications’ page, the taxpayer has to select ‘Apply for Waiver Scheme under Section 128A’ option under ‘Application type’ dropdown. If the… Read More »

Advisory for Waiver Scheme under Section 128A Dec 29th, 2024 1.  Taxpayer’s attention is invited to the advisory on the above subject issued by GSTN on 08.11.2024. The link for the said advisory is given here:   https://services.gst.gov.in/services/advisoryandreleases/read/546  2.  Under the waiver scheme, for a demand notice or statement or order which has been issued under Section… Read More »

Advisory for Entry of Receipt Numbers Pertaining to Leased Wagons in the E-Way Bill System Dec 23rd, 2024 Subject: Guidelines for Accurate Entry of Receipt Numbers in the E-Way Bill (EWB) System for Leased Wagons Dear Taxpayers, This advisory is issued to provide specific instructions for entering Receipt Numbers related to Leased Wagons in the… Read More »

Advisory for Entry of RR No./eT-RRs in EWB system Post EWB-FOIS Integration Dec 18th, 2024 Subject: Guidance for Accurate Entry of RR No./eT-RRs following the Integration of E-Way Bill (EWB) with Freight Operation Information System (FOIS) system of Indian Railways. Dear Taxpayers, This advisory is being issued to inform you that the FOIS of Indian Railways has now… Read More »

Recommendations of the 55th Meeting of the GST Council GST Council recommends reduction in GST rate on Fortified Rice Kernel (FRK), classifiable under 1904, to 5% GST council also recommends to fully exempt GST on gene therapy GST Council recommends exemption of GST on contributions by general insurance companies from third-party motor vehicle premiums for… Read More »

Advisory for Entry of RR No./eT-RRs in EWB system Post EWB-FOIS Integration Dec 18th, 2024 Subject: Guidance for Accurate Entry of RR No./eT-RRs following the Integration of E-Way Bill (EWB) with Freight Operation Information System (FOIS) system of Indian Railways. Dear Taxpayers, This advisory is being issued to inform you that the FOIS of Indian Railways has now… Read More »

Key Updates: Multi-Factor Authentication (MFA): Mandatory MFA rollout in phases: From 1st January 2025: Taxpayers with AATO exceeding ₹20 Crores. From 1st February 2025: Taxpayers with AATO exceeding ₹5 Crores. From 1st April 2025: All taxpayers and users. Encouragement to activate MFA immediately for secure and uninterrupted access. Restricting the Period for E-Way Bill (EWB)… Read More »