Auto-Populated Values in GSTR-3B Auto-Populated Values in GSTR-3B The Goods and Services Tax Network (GSTN) continues to improve its return filing processes to make compliance easier for taxpayers. One of the key features introduced recently is the pre-filled GSTR-3B form, aimed at reducing human errors and improving accuracy in return filings. As part of its … Read more
Important Updates for GSTR-9 and GSTR-9C Filing Important Updates for GSTR-9 and GSTR-9C Filing The GST landscape continues to evolve with new compliance measures aimed at making tax filing more efficient for taxpayers. As part of these updates, starting from FY 2023-24, the GST system will now auto-populate eligible Input Tax Credit (ITC) in GSTR-9, … Read more
Waiver of Late Fees for GSTR7 Returns Introduction Waiver of Late Fees for GSTR7 Returns On 8th October 2024, the Central Government issued Notification No. 23/2024–Central Tax, which brings significant relief to registered persons required to deduct tax at source under the Central Goods and Services Tax Act, 2017. This notification waives the late fees … Read more
New GST Updates Effective from October 10 2024 New GST Updates Effective from October 10 2024 The Indian GST regime has undergone several important changes, with 8 new notifications issued on October 8, 2024, coming into effect from October 10, 2024. These amendments cover a wide range of areas including reverse charge mechanism (RCM) on … Read more
Key Changes for GST Registered Persons Key Changes for GST Registered Persons On October 8, 2024, the Ministry of Finance (Department of Revenue) issued Notification No. 21/2024-Central Tax, which brings significant updates for registered persons under the Central Goods and Services Tax (CGST) Act. This blog post aims to provide a comprehensive overview of the … Read more
