Union Finance Minister Nirmala Sitharaman chaired the 45th GST Council meeting held on 17th September 2021, in Lucknow, Uttar Pradesh. This was the first offline meeting after the outbreak of the deadly coronavirus pandemic. In this council meeting, there were several GST rate changes, clarifications and other updates were given out. Read here...
The government had temporarily suspended blocking of E-way Bill generation for taxpayers citing the pandemic. Now, the blocking of E-way Bill generation facility is resumed
The GST Regime mandates every person/business with an annual turnover of Rs. 40 lakhs or more, to register as a normal taxable person.
Monthly/quarterly GST return filing requires a lot of time and attention. It is important that you, as a taxpayer, keep a tab on all the latest GST updates and file the GST returns timely following all the rules or else there are high chances that your GSTIN may possibly get cancelled. Read the article to know why your GSTIN can get cancelled…
We are delighted to share with you all that IRIS Peridot is coming up with a new version yet again! If you wish to become a beta user for IRIS Peridot, read the steps that will aid you in the process.
E-way Bill is an effective tool to track the movement of goods and check tax evasion. Here are 10 lesser-known facts about the E-way Bill that you must be aware of! Read more…
Unblocking a GSTIN for EWay Bill Generation in case of non-filing of GST Returns is going to be a major concern of the MSME sector in coming days as the rule of EWay Bill Generation blocking is now supposed to come into effect from 21st November 2019 as per Notification No. 36/2019 – Central Tax dated 20.08.2019.
India, is a big economy with wider geographical anomalies. Here people live in terrains, deserts, land and mountains connected by roads, rail, air and even water at some places.
Under GST regime, in order to deliver the goods in a hassle-free manner, a transporter (Registered and Unregistered) is required to fulfil the 5 key responsibilities
The government released several relief measures in the 43rd GST Council Meeting and one of the major ones was the GST Amnesty Scheme. Read all about the relaxations here.