Summary of the GST Advisory on Biometric-based Aadhaar authentication, Physical verification for registration Applicants of Ladakh GSTN has issued advisory on Biometric-based Aadhaar authentication, Physical verification for registration in Applicants of Ladakh.The new facility has been provided for booking an appointment to visit a GST Suvidha Kendra (GSK) for Biometric-based aadhaar authentication and physical verification … Read more

Summary of the Deadline for filing GST Returns under Finance Act 2023. As per the Finance Act 2023 (8 of 2023), date 31-03-2023, implemented w.e.f 01-10-2023 vide notification no 28/2023- Central tax  dated 31-07-2023 new rule for filing of return are applicable to those taxpayers who have missed filing their GST returns.Once 3 yeras have … Read more

Summary of GST Registration Compliance for Metal Scrap Dealers GST Advisory has been issued for GST Registration Compliance for Metal Scrap Dealers through Form GST REG-07, This Advisory is regarding the New GST provision for Metal Scrap Transactions issued on 13-10-2024. The GST portal has been updated to facilitate registration compliance for buyers of metal … Read more

Summary of New Verification Process for Updating Bank Account Details on GST Portal GSTN has implemented a new validation process for updating Bank Account details on the GST Portal, where taxpayers want to change or add bank account details through Non-Core fields, they must follow specific steps provided by GSTN. It is important for taxpayers … Read more

Summary of GST Advisory on Additional FAQS on Invoice Management System Government has issued GST Advisory on Additional FAQS on Invoice Management System on 17-10-2024. Invoice Management System (IMS) is now available to taxpayers. This new system shall facilitate taxpayers in matching their records/invoices vis a vis issued by their suppliers for availing the correct … Read more

Summary of GST Advisory on GSTR-9 and 9C Starting FY 2023-24, GST system will auto-populate eligible ITC for domestic supplies (excluding reverse charge and imports ITC) from table 3(I) of GSTR-2B to table 8A of GSTR-9. These changes in GSTR-9 and 9C for the FY 2023-24 will be available on the GST portal from today … Read more

Summary of GST Advisory on Applicability of Invoice Management System Invoice Management System (IMS) is made available to taxpayers from Today, 14th Oct, 2024. The new system shall facilitate taxpayers in matching their records/invoices vis a vis issued by their suppliers for availing the correct Input Tax Credit (ITC). Taxpayers can make use of this … Read more

Introduction of Registration Facility for TDS u/s 51 of GST Act for Scrap Dealers GST Advisory has been issued for the Introduction of Registration Facility for TDS u/s 51 of GST Act for Metal Scrap Dealers on 13-10-2024. The government issued Notification 25/2024-Central Tax, on October 9, 2024. under GST Section 51 of the CGST … Read more

Summary of GST Advisory on Proper Entry of RR No./Parcel Way Bill (PWB) Numbers in EWB system Post EWB-PMS Integration GST Advisory has been issued for Proper Entry of RR No./Parcel Way Bill (PWB) Numbers in EWB system Post EWB-PMS Integration dated 04-10-2024. It is related to  the Parcel Management System (PMS) of Indian Railways … Read more

Summary of Introduction of GSTN e-Services App Government has introduced GSTN e-Services App to replace the e-Invoice QR Code Verifier App Shortly. The Advisory are as under: GSTN is pleased to inform the launch of the new GSTN e-Services app, which replaces the old e-Invoice QR Code Verifier App. This app offers the following features: Verify e-Invoices: Scan … Read more