Clarification on ITC availed by E-commerce Operator for services u/s 9(5). GST Circular has been issued on ITC availed by E-commerce Operator for services u/s 9(5). This point has been proposed in 55th GST Council Meeting held on 21-12-2024. Proposed Clarification in GST Council Meeting: The GST Council has proposed clarification stating that E-commerce Operator … Read more
GST Revenue Collection December 2024 The Purpose of this Article is to present Comprehensive data on GST Revenue Collection in December 2024. It Covers Key aspects such as Gross Domestic Revenue collection, Gross Import Revenue, Domestic Refund , Import Refund, Net Customs Revenue and Total Net GST Revenue for the Month of December-2024. Additionally, this … Read more
Summary of Extension of E-way Bill Expired on 31-12-2024 GST Advisory has been issued for Extension of E-way Bill Expired on 31-12-2024. Due to technical glitch encountered in the e-way bill generation has been resolved now on the portal and working smoothly. The Following measures have been put in place for technical issues faced earlier. … Read more
Summary of Biometric Aadhaar Authentication in Arunachal Pradesh GST Advisory has been issued for Biometric Aadhaar Authentication in Arunachal Pradesh which has been rolled out on 28-12-2024.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 of documents. KeyPoints of GST Advisory: … Read more
GST Advisory for Availability of Form SPL-02 on GST Portal The CBIC has issued GST Advisory for Availability of Form SPL-02 on the GST Portal dated 29-12-2024. Original advisory was issued on 08-11-2024 to introduce FORM SPL-01 and SPL-02 for the waiver scheme under section 128A. Downlaod – Original Advisory for Waiver Scheme under 128A … Read more
Entering Receipt Numbers of Leased Wagon in E-way Bill System GST Advisory on Entering Receipt Numbers of Leased Wagon in E-way Bill System. This Advisory gives instruction on how to correctly enter receipt number for goods transported using Leased Wagon in the E-way Bill System. Previously advisories was for parcel way bill numbers and Railway … Read more
Summary of 55th GST Council Meeting The Recommendations of 55th GST Council Meeting which met under the chairpersonship of Union Minister for Finanace and corporate affairs Smt. Nirmala Sitharaman in Jaisalmer Rajasthan on 21-12-2024.The Meeting was attended by Union Minister of state for Finance Shri Pankaj Chaudhary, Chief Minister of Goa, Haryana, jammu and Kashmir, … Read more
GST Advisory on Railway Receipt No in E-way Bill System Government has issued GST Advisory on Railway Receipt No in E-way Bill System. Now the FOIS of Indian railway integrated integrated with E-way Bill System. This advisory is being issued to inform you that the FOIS of Indian Railways has now been integrated with the … Read more
Summary of GST Advisory on E-way Bill and E-invoice System CBIC has issued GST Advisory on E-way Bill and E-invoice System on 17-12-2024. From 01-01-2025, the GSTN will roll out updated versions of E-way bill and E-invoice system to improve security allign with government guidelines. The Key Point of GST Advisory is Multi Factor Authentication: … Read more
Extension of Due date of GSTR-3B Notification No 30/2024 Notification No 30/2024 has been issued for Extension of Due date of GSTR-3B for the Month of October 2024 for Registered person whose Principal Place of Business is in the district of Murshidabad in the state of West Bengal. Type of Return Tax Period Due date … Read more