Government has issued GST Advisory on Self Enablement for E-Invoicing datd 03-04-2024. If your turnover exceeds INR 5 crores in the financial year 2023-2024, you will be required to start e-Invoicing from the next financial year, i.e., from 1st April 2024 onwards For those who meet the notification criteria but have not yet been enabled … Read more
It is informed to all taxpayers that as per Notification No. 26/2022 – Central Tax dated 26th December 2022 two new Table 14A and Table 15A have been introduced in GSTR-1 to capture the amendment details of the supplies made through e-commerce operators (ECO) on which e-commerce operators are liable to collect tax under section … Read more
Government has issued GST Advisory on Integration of e-way bill system with New IRP Portals dated 08-03-2024. GSTN is pleased to announce the successful integration of E-Waybill services with four new IRP portals via NIC, enabling taxpayers to generate E-Waybills alongside E-Invoicing on these four IRPs. This new facility complements the existing services available on … Read more
CBIC has issued GST Advisory on Delay in registration process despite successful Aadhar authentication under Rule 8 and 9 of CGST Rules,2017. In accordance with Rule 9 of the Central Goods and Services Tax (CGST) Rules, 2017, pertaining to the verification and approval of registration applications, following is informed: Where a person has undergone Aadhaar … Read more
Government has issued GST Advisory on Launching of Revamped e-invoice master information portal by Enhanced https://einvoice.gst.gov.in portal dated on 21-02-2024. GSTN on occasion of one year of the successful going live with the additional five new IRP portals, the e-invoice master information portal, and the e-invoice QR Code Verifier app, announces the launch of the … Read more
Government has issued GST Advisory on furnishing bank account details under rule 10A of CGST Act,2017 on 23-01-2024. it is as follow. Mandatory Bank Account Details Submission as per law: All Registered Taxpayers are required under the provisions of CGST Act, 2017 and the corresponding Rules framed thereunder, to furnish details of their bank account/s … Read more
Government has issued GST Advisory on Payment dated 19-01-2024 to facilitate the taxpayer registered under GST with two new facilities of payment under e-payment in addition to net-banking. The two new methods are Cards and Unified Payments Interface (UPI). Cards facility includes Credit Card (CC) and Debit Card (DC) namely Mastercard, Visa, RuPay, Diners(CC only) … Read more
Government has issued GST Advisory on GSTR-1/ IFF on 17-01-2024. As per Notification No. 26/2022 – Central Tax dated 26th December 2022 two new tables Table 14 and Table 15 were added in GSTR-1 to capture the details of the supplies made through e-commerce operators (ECO) on which e-commerce operators are liable to collect tax … Read more
Now taxpayers can make the payment of gst through debit Cards & credit cards. Initially this facility started in 10states /UTS from 05-01-2024. List of states are as under: Rest of India and Banks to be covered soon. This facility is applicable for all Credit cards/ Debit cards powered by Rupay, Master card, Visa and … Read more
Government has issued information regarding e-way bill system advisory on HSN code on 05-01-2024. 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 … Read more