CBIC has introduced a new Automated Return Scrutiny Module for GST returns in the ACES-GST backend application for Central Tax Officers.
In this article, we will discuss 9 things that businesses need to check before paying their GST interest liability to ensure that they are not overpaying or underpaying their tax dues.
GST Year-End Checklist: 14 Tasks To Be Completed before 31st March 2023 | Latest GST Changes you need to be aware of! Read more...
Rule 46 (b) of the CGST Rules 2017 suggests that any tax invoice should have a 16 character alpha-numeric invoice number unique for a financial year.
GSTR 3B witnessed a bunch of updates in July 2022 after the two-day-long 47th GST Council Meeting. The CBIC has announced a bundle of clarifications and updates through the latest GST Council Meeting recommendations, GST Notifications and Circulars. Read the article to learn all about changes and updates in GSTR 3B, new table addition and ITC eligibility.
49th GST Council Meeting was held on February 18th, 2023 in New Delhi. In this article, we will discuss the key highlights from the meeting
Read important GST changes announced in the Union Budget 2023, and their implications for businesses and taxpayers. GST Changes: Union Budget 2023
Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman announced the union budget for 2023 on 1st February. Union Budget 2023 Key Highlights
Stricter compliance for GSTR 3B not filed | GSTR 3B non-filing penalty | Rule 59 of CGST Rules, 2017 | Recent GST Update for GSTR 3B non-filing | GSTR 1…
Rule 88C - GSTR 3B vs GSTR 1 mismatch in Liability | Reasons for Mismatches | Blockage of further filing of GSTR-1 | Consequence of non-compliance of Rule 88C
5th Amendment Rules under GST: GST Notification 26/2022 | 5 Imp Changes | The Central Goods and Services Tax – 5th Amendment Rules, 2022
Read all the updates and GST changes from January 1 2023 stated by CBIC related to Input Tax Credit, GST Rates, Reverse Charge, GST registration