Category: GST

CBIC issues more GST notifications as per GST Council Recommendations

CBIC issues GST notifications as per GST Council Recommendations 1. Exemption from filing Annual return for financial year 2022-23. 2. “Account Aggregator” notified as systems with which information may be shared by the common portal based on consent under Section 158A 3. Exemption from registration to persons making …

GST Notifications to implement decisions of 50th GST Council.

GST Notifications to implement decisions of 50th GST Council. 10/2023-Central Tax (Rate) 26-Jul-2023 Seeks to amend No. 26/2018- Central Tax (Rate) to implement the decisions of 50th GST Council. Download >> 09/2023-Central Tax (Rate) 26-Jul-2023 Seeks to amend No. 01/2017- Central Tax (Rate) to implement the decisions of …

GST e-Invoice Exemption Declaration functionality available on e-Invoice portal

GST e-Invoice Exemption Declaration functionality is now available on e-Invoice portal GSTN Advisory: e-Invoice Exemption Declaration Functionality Now Available GSTN has made available e-Invoice Exemption Declaration functionality on the e-Invoice portal. This functionality is specifically designed for taxpayers who are by default enabled for e-invoicing but are exempted …

CBIC issues eight circulars clarifying various GST related issues

CBIC issues eight circulars clarifying GST related issues CBIC has issued circulars clarifying various issues i.e. taxability of inter state services, e-invoice, refunds, taxability of share capital in subsidiary, ITC in respect of warranty replacement,  TCS liability under Sec 52 of the CGST Act, 2017 in case of …

GST Network brought under PMLA

GST Network brought under PMLA MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 7th July, 2023 G.S.R. 491(E).—In exercise of the powers conferred by clause (ii) of sub-section (1) of section 66 of thePrevention of Money-laundering Act, 2002 (15 of 2003), the Central Government, being satisfied that …