Difference in ITC (GSTR-3B Vs 2A) for the period 1.4.2019 to 31.12.2021 – GST circular 193/05/2023 – 17 July 2023
What was the Issue: Due to Change in ITC claiming Rules, There are differences arise in GSTR-3B vs GSTR 2A …
GST
Who is to pay TCS u/s 52 in case of Multiple ECO for single transaction: GST Circular 194/06/2023 – 17 July 2023
What was the Issue: Who is liable to pay TCS liability under Sec 52 of the CGST Act, 2017 in cases …
Calculation of Interest u/s 50(3) in case of wrong availment of IGST credit & Reversal thereof: GST Circular 192/04/2023 Dated 17 July 2023
What was the Issue: Issue was in respect of wrongly availed and utilised Input Tax Credit of IGST and Its …
8 NEW GST CIRCULARS – DATED 17 JULY 2023
8 New GST Circulars are issued after 50th GST Council meeting. These are very important circulars related to clarification on …
E Invoice – 2 Factor Authentication mandatory from 21/08/2023
2 Factor Authentication will be made mandatory from 21/08/2023 for all the taxpayers with AATO above 100cr. Click here to …
20 Important Decisions of 50th GST council meeting
50TH GST COUNCIL MEETING WAS HELD ON 11 JULY 2023 AT VIGYAN BHAWAN NEW DELHI AND ANNOUNCED MAJOR CHANGES IN …
Changes in GST Rates of Goods & Services announced in 50th GST Council Meeting
Changes in GST rates of goods 1. It has been decided to reduce the rate on uncooked/unfried snack pellets, by …
GSTN (Goods & Services Tax Network) brings under PMLA
As per Notification under section 66 of PMLA, 2002 Dated 7 July 2023, Government brings GSTN under PMLA (Prevention of …
NEW GST RETURN COMPLIANCE – DRC-01B
To understand this you have to first read Rule 88C of CGST Rules, interested in December 2022 Rule 88 C. …
Updated GST Rates, HSN, SAC Finder
It is very important to use updated GST Rates, HSN & SAC on Invoices, if there is any mismatch than …
