NEW GST DRC 03A FORM TO ADJUST DEMAND ! HOW TO FILE ! PROCESS EXPLAINED !
NEW GST DRC 03A FORM TO ADJUST DEMAND ! HOW TO FILE ! PROCESS EXPLAINED !
Category Archives: GST
GST DRC-03A GST PORTAL Advisory
Advisory for Form GST DRC-03A Nov 5th, 2024 1. It has been observed that some taxpayers have paid the demanded amount vide DRC 07/DRC 08/MOV 09/MOV 11/APL 04 through DRC-03 instead of using payment facility ‘Payment towards demand’ available on GST portal. This led to a situation where demand has been paid by the taxpayer,… Read More »
NEW TIME LIMIT FOR E INVOICE IN GST I TAX INVOICE REPORTING TIME ! ITC CLAIM
NEW TIME LIMIT FOR E INVOICE IN GST I TAX INVOICE REPORTING TIME ! ITC CLAIM
Advisory – Reg GSTR 07 GST registration of Metal scrap buyers
Advisory – Reg 07 Oct 22nd, 2024 Dear Taxpayer, GSTN has introduced an update to facilitate the registration compliance for buyers of metal scrap through form GST REG-07. This update follows the new GST provisions for metal scrap buyers as outlined in the advisory issued on October 13. Taxpayers in this category are required to… Read More »
Attention – Hard – Locking of auto-populated values in GSTR-3B
Attention – Hard – Locking of auto-populated values in GSTR-3B Oct 17th, 2024 1.In order to assist taxpayers in filing their returns and minimizing human errors, GSTN has continuously improved the GST return filing process and in this endeavor the GST Portal now provides a pre-filled GSTR-3B form, where the tax liability is auto-populated from… Read More »
GSTR 3B FILING NEW CHANGE ! Hard Locking of auto populated values IN GSTR 3B ! IMS IN GST
GSTR 3B FILING NEW CHANGE ! Hard Locking of auto populated values IN GSTR 3B ! IMS IN GST
NOTIFICATION NO. 21/2024–CENTRAL TAX WAIVER OF INTEREST OR PENALTY OR BOTH
SECTION 128A OF THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 – WAIVER OF INTEREST OR PENALTY OR BOTH RELATING TO DEMANDS RAISED UNDER SECTION 73, FOR CERTAIN TAX PERIODS NOTIFICATION NO. 21/2024–CENTRAL TAX [S.O. 4372(E)/F. NO. CBIC-20006/20/2023-GST], DATED 8-10-2024 In exercise of the powers conferred by sub-section (1) of section 128A of the Central Goods… Read More »
NOTIFICATION NO 22/2024 CENTRAL TAX SPECIAL SPECIAL PROCEDURE FOR RECTIFYING AN ORDER CONFIRMING INCORRECT INPUT TAX CREDIT AVAILMENT
NOTIFICATION NO. 22/2024– CENTRAL TAX [F. NO. CBIC-20006/20/2023-GST], DATED 8-10-2024 SPECIAL SPECIAL PROCEDURE FOR RECTIFYING AN ORDER CONFIRMING INCORRECT INPUT TAX CREDIT AVAILMENT UNDER SUB-SECTION (4) OF SECTION 16, WHERE CREDIT IS NOW AVAILABLE UNDER SUB-SECTIONS (5) OR (6) AND NO APPEAL HAS BEEN FILED In exercise of the powers conferred under the section 148 of… Read More »
GST ANNUAL RETURN GSTR 9 FY 2023-24 ! 4 NEW UPDATES ! CA SATBIR SINGH
GST ANNUAL RETURN GSTR 9 FY 2023-24 ! 4 NEW UPDATES ! CA SATBIR SINGH
Important advisory for GSTR-9/9C FOR FY 2023-24
Important advisory for GSTR-9/9C Oct 15th, 2024 Starting FY 2023-24, GST system will auto-populate eligible ITC for domestic supplies (excluding reverse charge and imports ITC) from table 3(I) of GSTR-2B to table 8A of GSTR-9. These changes in GSTR-9 and 9C for the FY 2023-24 will be available on the GST portal from today i.e.,15th… Read More »