Income Tax audit deadline extended to Nov 10: Know who benefits from step
The Central Board of Direct Taxes (CBDT) has extended the deadline for filing income tax audit reports for trusts, institutions, …
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Advisory for Taxpayers: New TDS & GST Provisions for Metal Scrap Transactions and do this on GST Portal now
Date: October 13th, 2024 The government, through Notification No. 25/2024-Central Tax, issued on October 9, 2024, has introduced an important …
Circular No. 235/29/2024-GST: CBIC Clarifies GST Applicability for Key Goods Based on GST Council’s 54th Meeting Recommendations
The Central Board of Indirect Taxes and Customs (CBIC), through Circular No. 235/29/2024-GST dated October 11, 2024, issued vital clarifications …
CBIC Circular No. 234/28/2024-GST, Clarifications on GST Applicability for Various Services
The CBIC issued Circular No. 234/28/2024-GST dated October 11, 2024, which provides essential clarifications regarding the applicability of GST on …
CBIC Issues Clarification on GST Regularization for Past Periods: No Refund for Higher Rate Payments
The CBIC has issued Circular No. 236/30/2024-GST, dated October 11, 2024, providing essential clarifications regarding the scope of the term …
GST Exemption of ENA for Alcoholic Beverages Industry
The taxability of Extra Neutral Alcohol (ENA), a vital raw material in the alcoholic beverages industry, has long been a …
GST Portal Update: Amendment to Rule 61(5) – Adjustment of Negative Liability in GSTR-3B
Breaking News: The GST Portal has announced the implementation of an important amendment to Rule 61(5), which allows for the …
TDS under GST: Updated with New Provisions for Metal Scrap and GSTR-7
Tax Deducted at Source (TDS) under the Goods and Services Tax (GST) is a crucial mechanism for timely tax collection …
GST Amnesty Scheme 2024: Waiver of Interest and Penalty – 128A
On October 8, 2024, the Government of India issued two key notifications No.21/2024 & No.20/2024 introducing an Amnesty Scheme for …
Summary of GST notifications under Central Tax (Rate) dated 8 October 2024 for changes in GST Rates, exemptions and RCM
On October 8, 2024, the Ministry of Finance issued a series of important notifications amending various tax rates under the …
