Updated GST Regulations: Changes Implemented from 53rd Council Meeting
The 53rd GST Council Meeting has introduced several important changes. Certain notifications and circulars have now been issued. Below is […]
GST Notifications
Revised GST Rates and Exemption for Services
[print_link] The GST Rates and Exemption for services have been revised w.e.f 18th July 2022. The changes in brief are
Recent GST Notifications (Central Tax)
[print_link] Certain changes (non-rate/procedural) proposed in the recent 47th GST have been notified via Notification No 9/2022, 10/2022, 11/2022, 12/2022,
Amendment in E-Invoice Applicability | GST
E-invoice is compulsory for all GST registered persons who have aggregate turnover above a notified limit. The limit has now
Important Changes in GST from 1st Jan 2022
There are few changes in GST Rules and regulations w.e.f 1st January, 2022. These are listed as follows Further changes
Exemption for services provided to Government Withdrawn
The following changes in tax rates on services to/by government notified vide Notification No. 16/2021 CTR come in to effect
Recent Changes in GST
Important changes have been introduced with amended GST rules being introduced. The applicability of such changes is w.e.f 22 Dec
Late Fees for Non-Filing of GSTR-1 after 10.01.2020
As a one-time measure to enable taxpayers to clear the backlog of all GSTR-1 which have not been filed from
E-invoice and QR Code under GST
E-invoice and QR Code (Notification no. 68, 69, 70, 71 & 72/2019 –Central Tax all dated 13th December, 2019) 1.
Precautions for ITC availed in Books of Accounts and not reflecting in GSTR-2A
Precautions for ITC availed in Books of Accounts and not reflecting in GSTR-2A There are issues related to ITC claims
CBIC clarification on 20% ITC restriction
CBIC clarification on 20% ITC restriction on invoices/debit-notes not uploaded by supplier in GSTR-1 The Government has issued Notification 49/2019-Central
Generation and quoting of Document Identification Number (DIN)
CBIC opting DIN no (generated at central server ) for dept. correspondence throughout India from 8th November 2019 In keeping
ITC availment restricted if not reflected in 2A
New Provision- ITC not reflected in GSTR-2A, Government put a restriction for such ITC As per Notification No. 49/2019 Central
Filing of Annual Return becomes optional
Filing of Annual Return becomes optional to small taxpayer(Turnover ≤ 2 Crore) for the period 2017-18 & 2018-19 As per
Due Date for Filing of returns for the period Oct 19-Mar 20
The followings are the due date of return of GSTR-3B(Monthly), GSTR-1(Monthly) and GSTR-1(Quarterly) for the period Oct-19 to Mar-20 as
NN. 14/2019 Central Tax
Seeks to supersede Notification No. 08/2017 – Central Tax dated 27.06.2017 in order to extend the limit of threshold of
NN. 13/2019-Central Tax
Seeks to prescribe the due dates for furnishing of FORM GSTR-3B for the months of April, May and June, 2019.
NN. 12/2019 – Central Tax
Seeks to prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of more than
NN. 11/2019-Central Tax
Seeks to prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover upto Rs. 1.5
NN. 10/2019-Central Tax
To give exemption from registration for any person engaged in exclusive supply of goods and whose aggregate turnover in the
NN. 02/2019-Central Tax(Tax Rate)
To give composition scheme for supplier of services with a tax rate of 6% having annual turn over in preceding
NN. 02/2019-Union Territory Tax
To give exemption from registration for any person engaged in exclusive supply of goods and whose aggregate turnover in the
NN. 02/2019-Union Territory tax(tax rate)
To give composition scheme for supplier of services with a tax rate of 6% having annual turn over in preceding