Advisory on Proper Entry of RR No Introduction Advisory on Proper Entry of RR No The Indian Railways’ Parcel Management System (PMS) has been integrated with the E-Way Bill (EWB) system through APIs, which will now facilitate real-time data transfer between the Railways and GST E-Way Bill portal. This integration aims to streamline the movement … Read more
Supreme Court Ruling on GST Input Tax Credit for Construction Supreme Court Ruling on GST Input Tax Credit for Construction The recent Supreme Court ruling has brought a major development in the realm of Goods and Services Tax (GST), specifically related to input tax credit (ITC) for immovable property. For businesses in industries that invest … Read more
Archived GST Returns Data on the GST Portal Restoration of Archived GST Returns Data on the GST Portal On September 29th, 2024, the GST authorities announced the temporary restoration of archived GST return data on the GST portal. This comes as a relief for businesses and taxpayers who faced challenges accessing historical records due to … Read more
Understanding the Latest Updates After the 54th GST Understanding the Latest Updates After the 54th GST Council Meeting The 54th GST Council Meeting has brought crucial clarifications regarding the applicability of GST on rent, especially for commercial properties. These changes impact both property owners and tenants, determining who is responsible for paying GST based on … Read more
Modification of GST Procedure for Interception Modification of GST Procedure for Interception The Central Board of Indirect Taxes and Customs (CBIC) has made several clarifications to the existing procedure for interception, detention, release, and confiscation of goods under the Goods and Services Tax (GST) regime through Circular No. 64/38/2018-GST dated September 14, 2018. This circular … Read more
