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Dear Taxpayers, This is to inform taxpayers about recent developments concerning the application process for GST registration. It is advised to keep the following key points in mind during the registration process. 1. Rule 8 of the CGST Rules, 2017 has been amended to provide that an applicant can be identified on the common portal,

1. Please refer to the advisory dated October 17, 2024 , regarding the restricting the editing of auto-populated liability in GSTR-3B from the January 2025 tax period. https://services.gst.gov.in/services/advisoryandreleases/read/535 2. However, various requests have been received from the trade seeking time for the same. Therefore, the decision of making non-editable of auto-populated liability in GSTR-3B is

Dated: January 24, 2025 It is hereby informed that a new option for generating E-Way Bills (EWB) for gold has been introduced in the EWB system, effective from January 20, 2025. This feature has been made available to facilitate taxpayers in Kerala State to generate EWB for goods classified under Chapter 71, excluding Imitation Jewellery,

The Goods and Services Tax ( GST ) ecosystem from January 2025 will see a significant update with the rise in the GSTR-2B Excel module. The making of GSTR-2B an auto-drafted ITC statement is for furnishing clarity to the taxpayers for their eligible and ineligible ITC. The same documents are generated monthly for the normal

The Calcutta High Court stated that, before sending a show cause notice regarding a tax issue under the Goods and Services Tax Act (GST) of 2017, officials must first consider the individual’s pre-show cause notice (SCN) reply. It was discovered by the court that the SCN is a replica of the data provided before and

A GST demand order has been obtained for Eicher Motors Limited from the Office of the Assistant Commissioner, CGST, Jaipur; Office of the Principal Commissioner, CGST & Central Excise, Lucknow and Office of the Commissioner, CGST, Delhi South Commissionerate, New Delhi, as per the Company’s exchange filing. A demand order has been issued by the

The Odisha State GST AAAR has issued a decision regarding the taxation of leasing e-bikes/EVs. It determined that leasing e-bikes without an operator falls under a specific category related to financial services. Consequently, as per the central tax rate notification No 20/2019- CT(R) issued in September 2019, this service is subject to an 18% Goods

To increase consumption the majority of Indian industry believes in relief on income taxes and rationalization of goods and services tax (GST) directing to a rise in disposable income as the effective way. MC-Deloitte CEO Survey was conducted between January 10 and January 22 across financial services, consumer goods, technology, and energy sectors survey was

On January 24, the Supreme Court refused to entertain a Public Interest Litigation contesting the provisions of the Income Tax Act, which impose an obligation on private employers to deduct tax at source (TDS) on the salaries paid by them. A bench including Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar mentioned that

The Ministry of Finance, on January 24, 2025, unveiled a groundbreaking “Unified Pension Scheme” (UPS) for Central Government employees under the National Pension System (NPS). This scheme, effective from April 1, 2025, offers a unique blend of assured payouts and flexibility, catering to employees` post-retirement needs. 1. Who Can Opt for UPS? Applicable to all