Here’s a quick recap of the top GST updates 2024 and their impact on the business community | GST Updates 2024
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The CBIC has revised GST Reverse Charge Mechanism rules effective November 1, 2024, impacting RCM transactions and input tax credit claims.
The Invoice Management System (IMS) has been a pivotal tool under the GST framework, aiding taxpayers in invoice reconciliation and Input Tax Credit (ITC) management.
Waiver of Interest & Penalty Under CGST Act: The CBIC has introduced Section 128A under the CGST Act, effective November 1, 2024.
Read major GST Changes and GST updates effective from 1st November 2024. These changes are aimed at streamlining processes, enhancing compliance, and providing relief to taxpayers.
This guide answers the most common questions about IMS, exploring how it supports businesses in maintaining accurate and efficient GST filings.
Invoice Management System (IMS): IMS is a newly developed functionality by GSTN that provides taxpayers with the ability to manage invoices more effectively.
In this article, we explore the most important GST updates for September 2024 and their impact on businesses across India.
This article discusses the key GST Changes, updates and their implications for taxpayers as per GST Notification 12/2024.
Read an overview of the key highlights and priorities of India's Union Budget 2024-25, including major initiatives in agriculture, employment, MSMEs, and infrastructure.
Stay abreast of these recent GST updates to navigate the intricate landscape of compliance effectively.
