Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...
Small businesses with turnover up to Rs 2 crore are exempt from filing GST annual returns starting FY 2024-25, offering ...
The central government recently announced a reduction in GST (Goods and Services Tax) rates on essential commodities, lowering prices on almost 99% of daily-use products. The move was aimed at ...
What GST cuts mean. Goods and Services Tax (GST) cuts are done by the government to lower the price of commodities and services and raise consumption. If a commodity or service is ...
The Goods and Services Tax Network (GSTN) has introduced a new form, GST DRC-03A, now available on the GST portal. This form ...
Consumers can complain about non-reduction of prices post GST rate cut via toll-free number 1915 or WhatsApp. Learn how to ...
Complaints have started coming in social media that some businesses are not passing on the benefits of GST rate cut.
The CBIC is planning to introduce a monetary limit for issuing GST demand notices to reduce unnecessary disputes and avoid notices on flimsy grounds. The board will release instructions to field ...