The Goods and Services Tax Network (GSTN) has introduced Form GST SPL-02 on the GST portal, enabling eligible taxpayers to apply for waivers of interest and penalties under the GST
The Kerala State Goods and Services Tax (GST) Department has introduced a significant reform to alleviate the challenges faced by taxpayers dealing with multiple show cause notices across various districts.
The Goods and Services Tax Network (GSTN) has introduced a new functionality allowing taxpayers to file rectification applications to claim pending Input Tax Credit (ITC) for the financial years 2017-18
The Central Board of Indirect Taxes and Customs (CBIC) has extended the deadlines for filing GSTR-1 and GSTR-3B returns for the tax period of December 2024, providing relief to GST
The Goods and Services Tax Network (GSTN) has announced significant updates to the GSTR-1 form, effective January 2025, aimed at enhancing compliance and streamlining the reporting process for GST-registered suppliers.
The Finance (No.2) Bill, 2024 has proposed changes in the CGST Act, IGST Act, UTGST Act and GST (Compensation to States) Act, 2017through Clauses 110 to 146 of the Bill
India is growing at an accelerated pace, and people are undertaking multiple financial transactions. The Income Tax Department has established a robust framework for reporting taxpayers' transactions. The provisions of
The 53rd meeting of the Goods and Services Tax (GST) Council was held on June 22 in New Delhi. Several recommendations were made at the meet to refine tax rates
To simplify the process of filing returns for small business taxpayers, the QRMP scheme has been launched by the Indian government. This guide will explain what the scheme is, the
Under the Goods and Services Tax (GST) regime, various types of registration exist to accommodate the diverse nature of businesses. The types of registration include:Regular Registration: Businesses with an annual