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GST Advisory 2023 on E-Invoice Verifier Application

gst advisory 2023

Government has issued GST Advisory 2023 on E- Invoice verifier application. The E-Invoice Verifier App developed by GSTN, has been introduced which offers a convenient solution for verifying e-Invoices and other related details. GSTN understands the importance of efficient and accurate e-invoice verification, and this app aims to simplify the process for your convenience E-Invoice … Read more

GST Updates Summary May-2023

gst updates summary may-2023

This articles covers the latest gst updates summary May-2023. It contains all the Notifications and Circulars issued in May-2023 which covers all GST Updates May-2023. All these amendments have been presented hear topic wise and reference of relevant latest gst notifications and latest gst circulars have been given at bottom of each topic. As well … Read more

GST Advisory on Due date Extension of GST Returns.

due date extension

Government has issued Advisory on due date extension of GST Returns for the state of Manipur. Vide Notification No.11/2023 – Central tax 12/2023-Central Tax and 13/2023-Central tax , all dated 24th May 2023, the government has extended the due date of filling GSTR-1 , GSTR-3B & GSTR-7 of April-2023 tax period till 31st May 2023for … Read more

GST Advisory on Filing Declaration in Annexure V by GTA

Government has issued GST Advisory on Filing Declaration In Annexure V by Goods Transport Agency (GTA) opting to pay tax under forward charge mechanism on 30-05-2023.The GTAs, who commence business or cross registration threshold on or after 1st April, 2023, and wish to opt for payment of tax under forward charge mechanism are required to … Read more

GST on Electronic Commerce Operators (ECO) 2023

gst on electronic commerce operators

What is an e-commerce operator in GST? Here we discussed gst on electronic commerce operators in which Electronic commerce Operators (ECO) is displays products as well as services which are actually supplied by some other person to the consumer, on their electronic portal. The consumers buy such goods /services through these portals. On placing the … Read more

Deferment in time limit for reporting Old e-invoices| GSTN Advisory 2023 regarding Reporting Old e-Invoices

GSTN Advisory 2023

Government has issued GSTN Advisory 2023 which contains that it has been decided by the competent authority to defer the imposition of time limit of 7 days on reporting old e-invoices on the e-invoice IRP portals for taxpayers with aggregate turnover greater than or equal to 100 crores by three months. In this regard, the … Read more

Finance Minister Sitharaman has instructed the CBIC to commence automated GST scrutiny 2023.

GST Scrutiny 2023

During a meeting on Saturday, Finance Minister Nirmala Sitharaman instructed the Central Board of Indirect Taxes & Customs (CBIC) to commence GST scrutiny 2023 and implement an automated GST return inspection mechanism by the following week For the fiscal year 2022-23, the overall amount of Indirect Tax revenue collected was Rs 13.82 lakh crore, an … Read more