₹1,59,069 crore gross GST revenue collected during August 2023; records 11% Year-on-Year growth
GST Revenues from domestic transactions (including import of services) are 14% higher Year-on-Year Posted On: 01 SEP 2023 4:51PM by …
GST updates 2023
GST – Reporting of ITC Reversal Opening Balance & Reclaimed statement
Introducing Electronic Credit Reversal and Reclaimed statement Vide Notification No. 14/2022 – Central Tax dated 05th July, 2022 (read with …
Extended Due Date for Filing GSTR-1, GSTR-3B & GSTR-7 for April-July 2023 for Manipur
Due to abnormal situations in the state of Manipur, Government agin extended GST Returns Dates for the taxpayers registered in …
Summary of Important GST Notifications Dated 31 July 2023
Most Important GST Notifications are issued after 50th GST council Meeting to bring amendments in GST Act. Highlights of GST …
E invoice update- Sub users can access e-Invoices generated by the main user
If you want to delegate your work of E invoice, than new options activated for Sub User Access for E …
GST levy on online gaming may not impact taxation on e-sports, video games
The recently imposed 28 per cent goods and services tax (GST) on online games involving real money will not impact …
Individuals reporting annual income of above Rs 1 cr doubles in 2 yrs
Individuals reporting annual total income of over Rs one crore have doubled to 1.69 lakh in the two-year period ending …
14,277 GST appeals pending against disputed tax demands by authorities
As many as 14,227 appeals against disputed tax demands raised by Central GST authorities are pending as of June 2023, …
Blocking of GSTR-1 New Rules w.e.f 4 August 2023
Government is making GST Rules strict in order to prevent Fake GST Registrations and misuse of ITC. IT is very …
New: DRC-01B, DRC-01C, DRC-01D under GST – for Mismatch in GST liability & ITC in GST Returns
New Rule 88C was inserted in 26th December 2022 under CGST Rules 2017: Rule 88 C. Manner of dealing with …
