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
Government has issued information regarding Blocking generation of e-way bill without e-Invoice/IRN details for B2B and B2E transactions for e-invoice enabled tax payers on 05-01-2024. E-Invoice has been operationalized since October 2020 for the taxpayers with Annual Aggregate Turn Over (AATO) above Rs. 500 Crores and eventually in a phased manner, E-Invoice generation is made … Read more
In GST Collection December 2023, Gross GST Collection during April to December 2023 period is 14.97 lakh crore. Here the GST revenue Collection 2023 is compared with the same month of last year. That means, it is compared with GST Collection December 2022. GST Revenue Collection Amount₹ Gross GST Revenue Collection December 2023 1,64,882 Crore … Read more
This articles covers the latest gst updates summary January 2024. It contains all the Notifications and Circulars issued in January 2024 which covers all GST Updates summary January 2024. 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 … Read more
Summary of Extension of Time limit to issue notice and order u/s 73 Notification No 56/2023 has been issued for Extension of Time limit to issue notice and order u/s 73. The Government by using the authority u/s 168A of the CGST Act has extending the time limit for issuing orders and notices u/s 73 … Read more
Summary of Extension of Due date of GSTR-3B of November 2023 Notification No 55/2023 has been issued for the extension of the due date of GSTR-3B of November 2023 in the state of Tamilnadu. Return Due date of November-23 Extended due date of November-23 Remarks GSTR-3B 20-12-2023 27-12-2023 Registered persons whose principal place of business … Read more
Government has issued GST Advisory for online GTA declaration on the portal for the GTA taxpayers dated 01-01-2024.
This article covers the latest gst updates summary December 2023. It contains all the Notifications and Circulars issued in December 2023 which covers all GST Updates December 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 … Read more
Government has issued GST Advisory on date extension for reporting opening balance for ITC Reversal on 29-12-2023. In order to facilitate the taxpayers in correct and accurate reporting of ITC reversal and reclaim thereof and to avoid clerical mistakes, a new ledger namely Electronic Credit and Re-claimed Statement was introduced on the GST portal. This … Read more
This articles covers the latest gst updates summary November 2023. It contains all the Notifications and Circulars issued in November 2023 which covers all GST Updates in November 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 … Read more