Reduction/Waiver of Late Fee for GSTR-7 (GST TDS Return), notifies CBIC
CBIC notifies reduction/waiver of late fee applicable for failure/delays in filing GSTR-7 (GST TDS Return) from the month of June 2021 and onwards.
Category: GST
Revised Procedure of Refund Applications by ‘CSD’ with CBIC Clarifications
CBIC prescribes revised procedure for online filing and e-processing of refund claim applications in the case of Canteen Stores Department (CSD) from 10/07/2024.
GST Liability/ITC on Warranty Period Replacement/ Repair Services: CBIC Clarifications
CBIC clarifications on GST liability and the requirement for ITC reversal in respect of warranty replacements and repair services supplied without consideration during the warranty period.
New Mechanism for GST Post-Sale Discount Evidence
CBIC circular on compliance mechanism for post-sale discounts, by obtaining CA/CMA certificates or recipient undertakings.
Enhancement in the GST Portal from 3rd May, 2024
GSTN has notified the taxpayers about the launching of enhanced version of GST portal on 3rd May 2024.
Revised Special Procedures for Registered Manufacturers of Pan-Masala by CBIC
CBIC notifies the revised Special Procedures for Registered Manufacturers of Pan-Masala effective 01/04/2024, vide Central Tax Notification 4/2024.
GSTN Advisory on Amendments in GSTR-1/IFF (New Tables 14A & 15A)
The GSTN has issued an advisory on the introduction of new tables 14A and 15A in GSTR-1/IFF forms for amending supplies made through e-commerce operators liable for tax collection/payment.
CBIC Designates PTPFC for consent-based sharing of credit information
CBIC notifies "Public Tech Platform for Frictionless Credit (PTPFC)" for consent based sharing of taxpayers credit information through the common portal.
Features of Revamped E-Invoice Master Information Portal: GSTN Advisory
GSTN has launched a revamped e-invoice master information portal with new features including PAN-based search, automatic e-invoice exemption list, etc.
GSTN Advisory on Furnishing Bank Account Details by Taxpayers
GSTN has issued advisory for registered taxpayers regarding mandatory requirement of furnishing of bank account details within 30 days of registration.