GST Updates posters list
Note: Only one Filter can be used at a time
| Appl Date | Subject | Details | Period | Link |
|---|---|---|---|---|
| 2025-04-18 | CBIC Issues Clarified Guidelines for Processing GST Registration Applications | Instruction No. 03/2025-GST dated 17th April 2025, issued by CBIC, provides updated and uniform guidelines for officers processing GST registration applications. It aims to prevent undue harassment of genuine applicants while curbing fraudulent registrations.
Officers are directed to seek only prescribed documents listed in Form GST REG-01 and avoid unnecessary or presumptive queries. Clear instructions are given for owned, rented, shared, or SEZ premises, as well as business constitution documents. Timelines for approval or rejection are reiterated, and strict disciplinary action is advised against deviations from these instructions. | ||
| 2025-04-11 | Phase-III Implementation of Table-12 in GSTR-1 and GSTR-1A Begins April 2025 | As per GSTNs advisory dated 11th April 2025, Phase-III changes in Table-12 of GSTR-1 and GSTR-1A will apply from the April 2025 tax period. Table-12 is now split into B2B and B2C sections, requiring HSN-wise summary reporting in separate tables. Manual entry of HSN codes is discontinued taxpayers must select HSN from a system-generated dropdown. These changes aim to standardize reporting and reduce errors. Taxpayers are advised to refer to the detailed advisory dated 22nd January 2025 available on the GST portal for full implementation guidelines. | ||
| 2025-04-11 | Auto Populated Table 3.2 in GSTR 3B Now Non Editable from April 2025 | GSTN has issued an advisory dated 11th April 2025 regarding Table 3.2 of GSTR-3B, which reports inter-state supplies to unregistered persons, composition taxpayers, and UIN holders. From the April 2025 tax period, values in this table will be auto-populated and non-editable, based on GSTR-1, GSTR-1A, or IFF. Any correction must be done through amendments in GSTR-1 or GSTR-1A before filing GSTR-3B. Accurate reporting in these forms is crucial to ensure correct values in GSTR-3B. This change aims to improve consistency and reduce mismatches in return filings. | ||
| 2025-04-11 | Phase-III Implementation of Table-12 in GSTR-1 and GSTR-1A Begins April 2025 | As per GSTNs advisory dated 11th April 2025, Phase-III changes in Table-12 of GSTR-1 and GSTR-1A will apply from the April 2025 tax period. Table-12 is now split into B2B and B2C sections, requiring HSN-wise summary reporting in separate tables. Manual entry of HSN codes is discontinued taxpayers must select HSN from a system-generated dropdown. These changes aim to standardize reporting and reduce errors. Taxpayers are advised to refer to the detailed advisory dated 22nd January 2025 available on the GST portal for full implementation guidelines. | ||
| 2025-04-05 | GSTN Announces Case-Insensitive Treatment for Invoice Numbers in IRN Generation | As per the GSTN advisory dated 4th April 2025, effective 1st June 2025, invoice/document numbers will be treated as case-insensitive for IRN (Invoice Reference Number) generation through the Invoice Reporting Portal (IRP).
This means variations like "abc", "ABC", or "Abc" will be considered identical, and all invoice numbers will be automatically converted to uppercase during IRN creation. The move aligns IRN generation with existing GSTR-1 treatment to prevent duplication and ensure uniformity. Taxpayers are advised to adapt their systems accordingly to avoid mismatches. For clarifications, users may contact the GST helpdesk. | ||
| 2025-03-28 | Clarifications on GST Rates and TDS Provisions for Specific Goods, Services, and Partner | Circular No. 247/04/2025-GST dated 14th February 2025 clarifies GST rates and classifications based on the 55th GST Council meeting. It covers pepper (genus Piper), raisins supplied by agriculturists, ready-to-eat popcorn, fly ash-based AAC blocks, and the effective date for compensation cess on specific motor vehicles.
Separately, Notification G.S.R. 195(E) dated 27th March 2025 introduces the Income-tax (Seventh Amendment) Rules, 2025, inserting Rule 194T for TDS on payments like salary, commission, bonus, or interest to firm partners. Forms 26Q and 27Q are updated accordingly. Both updates aim at improving clarity and uniform tax compliance. | ||
| 2025-03-27 | Clarifications on Availment of Benefit Under Section 128A of CGST Act, 2017 | CBIC issued Circular No. 248/05/2025-GST on 27th March 2025 to address practical difficulties in availing benefits under Section 128A of the CGST Act, 2017.
It clarifies that payments made through GSTR-3B prior to 1st November 2024 (effective date of Sec. 128A) are eligible for interest/penalty waiver. Additionally, it provides procedures for cases with consolidated adjudication orders covering periods beyond July 2017-March 2020 and allows partial withdrawal of appeals for the eligible period via Form SPL-01/02. Proper officer verification will be required. | ||
| 2025-03-04 | Enhancements in Biometric Authentication for Directors and Promoters | The GSTN has introduced a facility allowing certain Promoters / Directors to complete their Biometric Authentication at any GST Suvidha Kendra (GSK) within their Home State. This applies to applicants from Public Limited, Private Limited, Unlimited, and Foreign Companies.
The facility allows booking slots for Biometric Authentication through an intimation email and is available in 33 states/UTs, with expansion to three more states soon. The process is optional, and Promoters/Directors must carefully select their GSK, as the choice is final. | ||
| 2025-02-14 | Clarification on GST Rates & Classification Based on 55th GST Council Meeting | The circular provides clarifications on GST rates and classifications based on the 55th GST Council meeting held on December 21, 2024, in Jaisalmer.
Key clarifications include the classification and GST rate on pepper (genus Piper), raisins supplied by agriculturists, and ready-to-eat popcorn, specifying conditions under which different tax rates apply. It also addresses GST applicability on fly ash-based Autoclaved Aerated Concrete (AAC) blocks and clarifies the effective date of amendments regarding ground clearance criteria for certain vehicles. | ||
| 2025-02-13 | Advisory on GST Registration Process - Aadhaar Authentication & ARN Generation | The GST registration process requires applicants to choose between Aadhaar authentication or document verification at a GST Suvidha Kendra (GSK).
Those opting out of Aadhaar authentication must schedule an appointment for photo and document verification at a GSK. Applicants opting for Aadhaar authentication and flagged for biometric verification must visit a GSK for biometric authentication. If verification is not completed within 15 days, the Application Reference Number (ARN) will not be generated. Taxpayers are advised to ensure accurate Aadhaar details and timely completion of verification to avoid delays in GST registration. | ||
| 2025-02-09 | New Biometric-Based Aadhaar Authentication for GST Registration in Maharashtra & Lakshadweep | The GST registration process now includes Biometric-Based Aadhaar Authentication and document verification in Maharashtra and Lakshadweep under Rule 8 of CGST Rules, 2017. Applicants may receive either an OTP-based authentication link or a GSK appointment link for biometric verification.
Those receiving the latter must visit a GST Suvidha Kendra (GSK) with their original documents and Aadhaar/PAN card. The appointment booking system is now active. GSTN will generate an Application Reference Number (ARN) once verification is completed. GSK operating hours will follow local administration guidelines. | ||
| 2025-02-06 | Advisory on E-Way Bill for Goods under Chapter 71 | As per Rule 138(14) of the CGST Rules, 2017, goods under Chapter 71 (natural/cultured pearls, precious stones, metals, and jewellery, except imitation jewellery under HSN 7117) are exempt from mandatory E-Way Bill (EWB) generation.
Previously, NIC allowed voluntary EWB generation under the "EWB for Gold" category, but this option has now been withdrawn. However, Kerala mandates EWB for intra-state movement of these goods as per Notification No. 10/24-State Tax dated 27/12/24. Taxpayers and transporters should ensure compliance and refer to the GST Helpdesk for any clarifications. | ||
| 2025-01-30 | Late Fee Clarification for GSTR-9C Filing | Circular No. 246/03/2025-GST (30th Jan 2025): Delay in filing GSTR-9C with GSTR-9 attracts a late fee under Section 47 of CGST Act. Filing only GSTR-9 (if GSTR-9C is required) is incomplete.
Fee Calculation: Late fee applies from the due date until both forms are filed. Waiver for FY 2022-23 & Earlier: Notification No. 08/2025-Central Tax (23rd Jan 2025) waives excess late fees if GSTR-9C is filed by 31st March 2025 (No refunds for already paid fees). | ||
| 2025-01-28 | Clarifications on GST for Insurance Transactions | Co-Insurance Premiums: Apportionment by lead insurers to co-insurers is not treated as a supply if GST is paid on the full premium by the lead insurer.
Reinsurance Commission: GST is not applicable on reinsurance commissions if the reinsurer pays GST on the gross reinsurance premium. Regularization for Past Period: GST for these transactions is regularized from 1st July 2017 to 31st October 2024 on an "as is where is" basis. - Circular No. 244/01/2025-GST, dated 28th Jan 2025 | ||
| 2025-01-28 | Clarifications Regarding Applicability of GST on Certain Services | 1) No GST on Penal Charges: Exempt as per RBI directions effective 1st Jan 2024. 2) Payment Aggregators Exempt: Transactions below Rs. 2,000 are GST-free. 3) Skill Training Exemption Restored: For NSDC-approved partners from 16th Jan 2025. 4) R&D Services: Exempt when funded by government grants. 5) Facility Management Taxable: Services to MCD HQ attract GST. (As per Circular No. 245/02/2025-GST) | ||
| 2025-01-25 | CBIC Warns Against Fake Summons for GST Violations | The CBIC has cautioned taxpayers about fraudulent summons being issued by fraudsters using fake Document Identification Numbers (DIN) that resemble official communications.
Taxpayers are advised to verify the authenticity of any summons via the -VERIFY CBIC-DIN- tool on the official website (esanchar.cbic.gov.in). If found fake, they should report it to the DGGI or CGST office for prompt action. CBIC emphasizes the mandatory use of DIN for all official communications per Circular No. 122/41/2019-GST dated November 5, 2019. | ||
| 2025-01-24 | GST Late Fee Waiver for GSTR-9C Filing | The government has waived the excess late fees under Section 47 of the CGST Act for taxpayers who were required to submit GSTR-9C reconciliation statements along with their GSTR-9 annual returns for financial years 2017-18 to 2022-23 but failed to do so.
The waiver applies if the pending GSTR-9C is filed on or before March 31, 2025. However, no refunds will be provided for any late fees already paid for the delayed submission. | ||
| 2025-01-24 | Temporary Identification Number Introduced | The Central Government has introduced Rule 16A under the CGST Rules, 2017, enabling the issuance of a Temporary Identification Number (TIN) to individuals not liable for GST registration but required to make tax payments.
This change allows businesses and individuals to comply with GST obligations without undergoing full registration. Additionally, amendments have been made to Rule 19 and Rule 87, streamlining the process for composition taxpayers and enhancing electronic cash ledger operations. The updated FORM GST REG-12 now includes detailed provisions for issuing temporary registration, improving compliance and ease of doing business. | ||
| 2025-01-23 | Negative Values Now Allowed in GSTR-3B | The GST portal has introduced a significant update, now allowing taxpayers to report negative values in Table 3.1 of GSTR-3B. This enhancement enables businesses to adjust and correct previous period errors, ensuring accurate tax reporting and compliance.
Taxpayers can now rectify excess tax reported earlier, making return filing more transparent and efficient. The update is expected to simplify reconciliations and reduce unnecessary complications in tax calculations. It will also help resolve the issue of negative liability in cases where a taxpayer had only sales return transactions in a particular month with no corresponding sales transactions. | ||
| 2025-01-22 | Mandatory HSN Codes in GSTR-1 & 1A | Starting February 2025, HSN codes in Table 12 of GSTR-1 & 1A must be selected from a dropdown menu, replacing manual entry. Key updates: 1) Table 12 is now split into B2B & B2C tabs for separate reporting. 2) Validation of supply values & tax amounts introduced in warning mode initially. 3) Filing wont be blocked due to validation warnings during the initial phase. | ||
| 2025-01-22 | Exemption for Composition Taxpayers from RCM on Renting of Commercial Properties | The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 07/2025-Central Tax (Rate), exempting composition taxpayers from the reverse charge mechanism (RCM) on renting of commercial properties.
Composition taxpayers can now rent commercial properties without being liable to pay tax under RCM, simplifying compliance and reducing their tax burden. However, sponsorship services will continue to be taxed under Forward Charge. | ||
| 2025-01-22 | Availing ITC as per Law and GSTR2B | Taxpayers are advised to verify their Input Tax Credit (ITC) while filing GSTR3B to ensure accuracy and compliance with the law.
A previous issue of duplicate entries in GSTR2B has been resolved, and correct GSTR2B reports are now available. To confirm the correct ITC, taxpayers should check the auto-drafted GSTR2B statement, the PDF of the system-generated GSTR3B, or the values shown in Table 4 of GSTR3B. Any discrepancies between these sources and the prefilled GSTR3B should be carefully reviewed and corrected. | ||
| 2025-01-17 | Inclusion of 30 Gene Therapy in GST Schedules | Notification No. 02/2025 - Central Tax (Rate), dated 16th January 2025, has introduced "30 Gene Therapy" into the GST schedules.
This inclusion ensures the proper classification and taxability of gene therapy services under GST. With the increasing relevance of advanced medical treatments, this update acknowledges the evolving healthcare landscape and aligns the tax framework with modern innovations in medicine. | ||
| 2025-01-17 | Clarification on Pre-Packaged and Labeled Commodities | Through the Notification No. 01/2025 - Central Tax (Rate), dated 16th January 2025, the government has issued detailed clarification on "pre-packaged and labeled" commodities.
This definition applies to retail sale goods weighing up to 25 kg or holding 25 liters. These goods must be pre-packed as defined under the Legal Metrology Act, 2009, with all mandatory declarations securely affixed. This clarification aims to eliminate ambiguities regarding tax applicability on pre-packaged items and aligns GST with existing legal metrology standards. | ||
| 2025-01-17 | Taxability of Fortified Rice Kernel (FRK) | The Government has introduced tax rates for Fortified Rice Kernel (FRK) under Notification No. 01/2025 - Central Tax (Rate), issued on 16th January 2025.
FRK has been included in GST with a 2.5% rate under Schedule I and a 9% rate under Schedule III. This applies to pre-packaged and labeled products containing up to 25 kg as per the Legal Metrology Act, 2009. The addition of FRK to the taxable goods list reflects the government focus on ensuring consistent GST application to fortified food products, which play a significant role in addressing nutritional deficiencies. | ||
| 2025-01-17 | Update on Specified Premises under GST | As per Notification No. 05/2025 - Central Tax (Rate), dated 16th January 2025, the concept of "Specified Premises" under GST has been redefined, effective from 1st April 2025.
Premises offering hotel accommodation services with a unit value exceeding Rs. 7,500 per day will now be classified as "Specified Premises." Furthermore, registered suppliers can declare their premises as "Specified Premises" or opt-out through newly introduced declarations outlined in Annexures VII, VIII, and IX. This classification ensures proper compliance with GST laws. | ||
| 2025-01-14 | GST Waiver Scheme Advisory Under Section 128A | Forms GST SPL 01 and GST SPL 02 are available on the GST portal for filing waiver applications. Appeals (APL 01) filed before 21.03.2023 must be withdrawn manually via the Appellate Authority.
Withdrawal requests will be forwarded by State Nodal Officers. Issues can be reported on the GST Self-Service Portal under "Issues related to Waiver Scheme." For more details, refer to the advisory on the GST portal. | ||
| 2025-01-14 | Extended Generation Date for Draft GSTR-2B: December 2024 | The Draft GSTR-2B for December 2024 (Quarter Oct-Dec 2024) will now be generated on 16th January 2025, following the extension of due dates for filing GSTR-1 and GSTR-3B as per Notifications No. 01/2025 and 02/2025 issued on 10th January 2025. Taxpayers can recompute their Draft GSTR-2B if any action is taken in IMS after 16th January 2025. | ||
| 2025-01-13 | Guidelines for Arrest and Bail under CGST Act, 2017 | As per Instruction No. 01/2025-GST (dated 13th January 2025) issued by the GST-Investigation Wing, the guidelines for arrest and bail under the CGST Act, 2017, have been amended. This amendment refers to Instruction No. 02/2022-23 GST (Investigation) dated 17th August 2022.
The updated guidelines mandate that: 1) Grounds of Arrest: Must be explained to the arrested person and provided in writing as an annexure to the arrest memo. 2) Acknowledgment: Acknowledgment of the arrest memo must be obtained from the arrested person at the time of service. This amendment ensures compliance with recent judicial rulings, promoting transparency and procedural fairness in arrests. | ||
| 2025-01-09 | New HSN Validation Rules: Whats Changing in GSTR-1 Table 12 | Starting January 2025, Phase-3 of HSN validation in Table 12 of GSTR-1 is here!
Key updates: 1) Mandatory 4/6-digit HSN code reporting. 2) No manual HSN entries allowed; dropdown selection only. 3) B2B and B2C supplies now reported separately. 4) Validation checks added for supply values (warning mode for now). 5) New Download HSN Codes List button for easy access to updated codes. 6) Product Name as in My Master is now searchable for better usability. | ||
| 2025-01-07 | GST Update: Rectify ITC Demand Orders Easily! | Taxpayers can now file rectification applications for demand orders issued under Section 73/74 due to incorrect ITC claims under Section 16(4).
This is enabled for cases where ITC is now eligible under Sections 16(5) or 16(6) (as per Notification 22/2024-CT, dated 08.10.2024). Access the new functionality on the GST portal via Services > User Services > My Applications. | ||
| 2025-01-03 | Clarification on Place of Supply for Online Services to Unregistered Recipients | Circular No. 242/36/2024-GST, dated 31st Dec 2024, provides clarification regarding the place of supply for online services provided to unregistered recipients. It mandates that for services supplied to unregistered recipients, including online money gaming and online information and database access or retrieval (OIDAR) services, supplier must record the recipient's state name on the tax invoice, irrespective of supply value. This ensures the correct place of supply is declared, which is the location of the recipient as per section 12(2)(b) of the IGST Act. Suppliers are required to implement measures to collect such details and failure to comply may lead to penalties under section 122(3)(e) of the CGST Act. | ||
| 2025-01-03 | Clarification on ITC Availability for Ex-Works Contracts | Circular No. 241/35/2024-GST, dated 31st Dec 24, provides clarification on the eligibility of ITC for goods delivered under Ex-Works (EXW) contracts, particularly in the automobile sector. It confirms that the registered person (dealer) can claim ITC on the goods when they are handed over to the transporter at the suppliers (OEMs) factory gate, even if the goods are physically received later at the dealer's premises. This is consistent with the Explanation under clause (b) of section 16(2) of the CGST Act, which deems the goods to be received once handed over to the transporter. The clarification also emphasizes that ITC is contingent upon the goods being used in the course of business. | ||
| 2025-01-03 | Clarification on ITC Reversal for Electronic Commerce Operators | Circular No. 240/34/2024-GST, dated 31st Dec 24, provides clarification regarding the reversal of ITC for Electronic Commerce Operators (ECOs) in cases where services under Section 9(5) of the CGST Act are supplied through their platform.
It confirms that ECOs are not required to reverse proportionate ITC on inputs and input services for supplies made under this section, including restaurant services. Additionally, ECOs must pay tax liabilities under Sec 9(5) exclusively through electronic cash ledger, with ITC on inputs and input services not being allowed for this purpose, although it can be used for their own services. | ||
| 2024-12-29 | GSTN Issues Guide for Filing FORM GST SPL-02 under Waiver Scheme | GSTN has issued a comprehensive guide for taxpayers seeking to apply for the Waiver Scheme under Section 128A. The guide outlines the step-by-step process for filing FORM GST SPL-02 on the GST portal, specifically for waiving interest and penalties.
Taxpayers need to log into the portal, navigate to - My Applications, and select -Apply for Waiver Scheme under Section 128A. The process includes answering mandatory questions about the demand order and appeal status, entering relevant details about the demand, payment, and uploading required documents. The form must be filed using either a Digital Signature Certificate (DSC) or an Electronic Verification Code (EVC). | ||
| 2024-12-29 | GST Waiver Scheme Advisory for Tax Periods Between July 2017 & March 2020 | GSTN has issued an advisory regarding the Waiver Scheme under Section 128A. Taxpayers who have received demand notices, statements, or orders under Section 73 for tax periods between July 2017 and March 2020 are required to apply for the waiver by filing either FORM GST SPL-01 or SPL-02 on the GST portal.
Currently, FORM GST SPL-02 is available, while FORM GST SPL-01 will be accessible shortly. A detailed guide for filing FORM GST SPL-02 electronically is provided. Any difficulties encountered during the process can be reported through the GST self-service portal. | ||
| 2024-12-18 | Mandatory Multi-Factor Authentication (MFA) and Updates to E-Way Bill and E-Invoice Systems Effective 2025 | MFA Mandatory
From Jan 1, 2025: For AATO > Rs. 20 Cr From Feb 1, 2025: For AATO > Rs. 5 Cr From Apr 1, 2025: For all taxpayers E-Way Bill Updates Generate EWBs only for documents dated within 180 days. Extension capped at 360 days from original date. Act Now: Update your mobile number and enable MFA! These changes ensure enhanced security and streamlined compliance for GST systems. | ||
| 2024-12-18 | Integration of E-Way Bill System with Indian Railways FOIS | The EWB system is now integrated with the Freight Operations Information System (FOIS) of Indian Railways. Taxpayers must enter Railway Receipt Numbers (RR No./eT-RRs) in the format F Update Part-B of the EWB for rail transport using the "Multi-Transport Mode" option and select "Rail" as the mode of transport. Accurate entries are essential for smooth tracking, verification, and avoiding discrepancies or delays. For issues or clarifications, raise a ticket with the support team, providing the correct RR details. | ||
| 2024-12-09 | Advisory on Table 8A & 8C Mismatch in GSTR-9 for FY 2023-24 | For FY 2023-24, Table 8A of GSTR-9 auto-populates ITC from GSTR-2B, while Table 8C requires manual entry for ITC claimed in the next FY. Key points include:
1. Late Invoices: Report ITC in Tables 8C & 13 for FY 2023-24. 2. Reclaimed ITC: Declare in the next FY (e.g., FY 2024-25). 3. Goods Not Received: Include in Tables 8C & 13 of FY 2023-24. 4. Prior Year ITC: Exclude last year ITC from FY 2023-24. 5. Same-Year Reclaim: Use Table 6H without duplicating in Table 7. | ||
| 2024-12-09 | New Biometric-Based Aadhaar Authentication for GST Registration | Starting December 7, 2024, GST registration applicants in Haryana, Manipur, Meghalaya, and Tripura will undergo biometric-based Aadhaar authentication along with document verification at GST Suvidha Kendras (GSKs). Applicants will receive an email link for either OTP-based authentication or appointment booking for GSK visits. Ensure you carry original documents, Aadhaar, PAN, and appointment confirmation for smooth processing. | ||
| 2024-12-04 | Mandatory Sequential Filing of GSTR-7 Returns | From 1st November 2024, as per Notification No. 17/2024-Central Tax, GSTR-7 returns must be filed sequentially, starting from the October 2024 tax period.
Returns must follow chronological order, including filing Nil returns for months with no deductions. For further clarification, refer to the GSTN helpdesk. | ||
| 2024-11-26 | TDS Reporting Update for Scrap Dealers - October 2024 | As per Notification No. 25/2024-Central Tax, effective 10.10.2024, TDS under Section 51 of the CGST Act, 2017, must be deducted for supplies of metal scrap between registered persons.
Taxpayers who received GST registration in November 2024 are unable to report TDS deducted in October 2024 due to system limitations. To resolve this, taxpayers can report the consolidated TDS amount for the period from 10.10.2024 to 30.11.2024 in the GSTR-7 return for November 2024. For further assistance, reach out to the GSTN Helpdesk. | ||
| 2024-11-19 | Extension of Due Date for GSTR-3B Filing for October 2024 for Maharashtra or Jharkhand | The Ministry of Finance, via Notification No. 26/2024 - Central Tax, has extended the due date for filing GSTR-3B for October 2024 to 21st November 2024. This applies to registered taxpayers whose principal place of business is in Maharashtra or Jharkhand.
The extension is made under the powers conferred by Section 39(6) of the CGST Act, 2017, and Rule 61 of the CGST Rules, 2017, based on the recommendation of the GST Council. | ||
| 2024-11-07 | Mandatory Virtual Hearings for CGST, IGST, Customs, and Central Excise under CBIC | The Central Board of Indirect Taxes and Customs (CBIC) has issued revised guidelines making virtual hearings mandatory for departmental proceedings under CGST, IGST, Customs Act, Central Excise Act, and Chapter V of the Finance Act.
Personal hearings must now be conducted through Video Conferencing (VC), with exceptions allowed for physical hearings only upon specific requests by the party involved. This amendment reverts to the original instruction of 21.08.2020, emphasizing virtual hearings to streamline processes and improve efficiency. | ||
| 2024-11-05 | New e-Invoice Reporting Limit for Rs 10 Cr+ Turnover | According to the GST Advisory dated November 5, 2024, taxpayers with an annual turnover (AATO) of Rs. 10 crores and above must report e-invoices on the IRP portal within 30 days from the invoice date, starting April 1, 2025.
This limit applies to all invoices, credit, and debit notes. Be prepared to meet the deadline to avoid reporting issues. Circular Reference: Advisory dated November 5, 2024 | ||
| 2024-10-31 | New Limitation on Filing GST Returns Beyond Three Years | According to the Finance Act, 2023, effective from October 1, 2023, taxpayers are barred from filing GST returns after three years from the original due date.
This restriction applies to returns under Sections 37 (Outward Supply), 39 (Payment of Liability), 44 (Annual Return), and 52 (Tax Collected at Source), covering forms GSTR-1, GSTR-3B, GSTR-4, GSTR-5, GSTR-5A, GSTR-6, GSTR-7, GSTR-8, and GSTR-9. The GST portal will implement these changes from early 2025. Taxpayers are advised to reconcile records and file any pending returns promptly to avoid non-compliance. | ||
| 2024-10-17 | Additional Advisory: Further Instructions on GSTR-3B Auto-Population | In continuation of the advisory from October 16, 2024, the update issued on October 17, 2024, brings further clarification. While hard-locking of tax liabilities in GSTR-3B will commence from January 2025, the auto-locking of Input Tax Credit (ITC) has been deferred.
ITC will only be locked after the full roll-out of the Invoice Management System (IMS). A separate advisory will be issued for ITC locking once all IMS-related issues are addressed, providing taxpayers additional time to manage inward supplies through IMS before the ITC locking begins. | ||
| 2024-10-17 | Hard-Locking of Auto-Populated Values in GSTR-3B | From January 2025, the GST Portal will enforce hard-locking of auto-populated values in the pre-filled GSTR-3B form to ensure accuracy in return filings.
The tax liability and Input Tax Credit (ITC) values will be automatically populated based on GSTR-1/1A/IFF and GSTR-2B. Taxpayers can no longer make direct changes to these values in GSTR-3B. Instead, corrections must be made through GSTR-1A or the Invoice Management System (IMS). This update aims to reduce human errors and improve compliance in the GST return process. | ||
| 2024-10-15 | Clarification on Input Tax Credit Provisions | The Central Board of Indirect Taxes and Customs has issued Circular No. 237/31/2024, dated 15th October 2024, to clarify the implementation of newly inserted sub-sections (5) and (6) in Section 16 of the CGST Act, 2017.
These provisions, inserted with retrospective effect from July 1, 2017, extend the time limit for availing input tax credit in specific cases. The circular provides detailed guidelines for taxpayers and tax officers regarding the rectification of past orders and availment of input tax credits, ensuring uniform implementation across the field. | ||
| 2024-10-15 | Clarifications related Waiver of Interest and Penalties under Section 128A | The Central Board of Indirect Taxes and Customs has issued Circular No. 238/32/2024 clarifying various doubts related to the provisions of Section 128A of the CGST Act, 2017.
Effective from November 1, 2024, taxpayers can apply for a waiver of interest and penalties related to demands under Section 73 for FYs 2017-18, 2018-19, and 2019-20, subject to conditions. The procedure for availing this waiver involves timely submission of applications and payment of tax by March 31, 2025. This update aims to ensure uniformity in implementation and provides detailed guidelines for taxpayers and tax officers. | ||
| 2024-10-14 | Introduction of Invoice Management System (IMS) for Taxpayers | As of October 14, 2024, the Invoice Management System (IMS) is now available to taxpayers. This new system will assist taxpayers in reconciling their invoices with those issued by their suppliers, ensuring correct Input Tax Credit (ITC) claims.
Starting from October 14, 2024, taxpayers can access IMS to manage and take necessary actions on their invoices. The first GSTR-2B will be generated for the return period of October 2024 on November 14, 2024, based on the actions taken in IMS. It is important to note that using the IMS dashboard for GSTR-2B generation is not mandatory. | ||
| 2024-10-10 | GST Notification: Reconciliation of ITC from GSTR-2B in Form GSTR-9 from FY 2023-24 | The CBIC has notified a change in the GST rules, now mandating the reconciliation of Input Tax Credit (ITC) from GSTR-2B instead of GSTR-2A in Form GSTR-9, effective from FY 2023-24 onwards. This update aligns with earlier amendments where taxpayers were required to claim ITC appearing in GSTR-2B from January 1, 2022, onwards. The substitution aims to streamline compliance by ensuring that the reconciliation of ITC in GSTR-3B is done solely with GSTR-2B. This adjustment simplifies the process, eliminating the need for cross-verification with GSTR-2A, and focuses entirely on GSTR-2B data for ITC claims and filing Form GSTR-9. | ||
| 2024-10-10 | Online Resolution for GST Registration Grievances | To simplify the process of resolving GST registration issues, the Department of Trade & Taxes, Delhi, has launched a virtual grievance redressal system. Applicants, Advocates, and CAs can now resolve their registration-related issues online through daily virtual meetings (Monday to Friday, excluding holidays). Meetings are scheduled from 11:00 am to 01:00 pm and 03:00 pm to 05:00 pm, with each slot lasting 5 minutes. Book your slot via the link provided and get your concerns addressed smoothly. This initiative aims to enhance ease of access and reduce hassles in obtaining GST numbers. | ||
| 2024-10-09 | Clarification on TDS Applicability for Metal Scrap Transactions | Effective from October 10, 2024, the GST Council has amended the provisions related to GST TDS (Tax Deducted at Source) at the rate of 2%. The new changes specify that the supply of metal scrap between registered persons is subject to this 2% TDS under Section 51 of the GST Act.
The amendment aims to clarify the conditions under which TDS applies to these transactions, helping streamline compliance for businesses involved in trading metal scrap. Additionally, it excludes certain specified transactions from TDS, except those explicitly involving metal scrap. | ||
| 2024-10-08 | Amendment to GST Rates and Classifications for Specific Goods | The Central Government has issued Notification No. 05/2024-Central Tax (Rate), effective from 10th October 2024, introducing key amendments to the GST rate schedules.
Notable changes include the addition of new items such as Trastuzumab Deruxtecan, Osimertinib, and Durvalumab to Schedule I (2.5% rate). It also revises classifications in other schedules with updated tax rates for extruded or expanded products, snack pellets, and seats used in motor vehicles. These amendments aim to align GST rates with the latest recommendations of the GST Council. | ||
| 2024-10-08 | GST Notification on Reverse Charge for Metal Scrap Transactions | The Central Government has issued Notification No. 06/2024-Central Tax (Rate), effective from 10th October 2024, amending the GST rate structure for metal scrap transactions. The notification mandates that the reverse charge mechanism (RCM) will apply when metal scrap is supplied by any unregistered person to a registered person. This amendment is aimed at simplifying tax collection and ensuring compliance in the metal scrap sector. | ||
| 2024-10-08 | Special Procedure for Rectification of Orders under GST | The Central Government has issued Notification No. 22/2024-Central Tax, effective from 1st November 2024, detailing a special procedure for rectification of orders under the CGST Act, 2017.
This applies to registered persons against whom orders were issued under Sections 73, 74, 107, or 108, confirming demands for incorrect availment of input tax credit due to contraventions of Section 16(4). Registered persons can now apply for rectification if the input tax credit is available as per Section 16(5) or 16(6). The application must be filed within six months, and the rectified order will be issued by the proper authority, with decisions expected within three months. | ||
| 2024-10-08 | Waiver of Late Fee for Non-filing of GSTR-7 Returns | The Central Government, through Notification No. 23/2024-Central Tax, effective from 1st November 2024, has announced a waiver of late fees for registered persons required to deduct tax at source under section 51 of the CGST Act, 2017. The waiver applies to late fees for not filing GSTR-7 returns from June 2021 onwards. The late fee is capped at Rs. 25 per day, with a maximum limit of Rs. 1,000. Additionally, if no tax was deducted in a month, the late fee for that period is fully waived. This measure aims to ease compliance for taxpayers facing delays in filing returns. | ||
| 2024-10-09 | GST Payment Deadline Extension for Waiver of Interest or Penalty | The Central Government has issued Notification No. 21/2024-Central Tax, effective from 1st November 2024. It extends the deadline for GST payment by registered persons to avail waiver of interest, penalty, or both under Section 128A of the CGST Act, 2017. For registered persons who receive a notice or order under Section 128A, the payment deadline is extended to 31st March 2025. For those receiving notices under Section 74, the deadline is set to six months from the date of the redetermination order issued by the proper officer. This notification aims to facilitate compliance and reduce penalties. | ||
| 2024-10-09 | Key Changes Post 54th GST Council Meeting | The latest GST amendments, effective from 10th October 2024, bring significant changes: 1)Renting commercial properties now falls under Reverse Charge Mechanism (RCM). 2) GST applies to helicopter seat-share travel with conditions on input tax credits. 3) Utility companies' services related to electricity metering are now GST exempt. 4) Clarified exemptions for recognized vocational training and research services. | ||
| 2024-10-09 | Amendment in IGST Rate Notification for Renting of Non-Residential Property under RCM | The Government has issued an amendment (Notification No. 09/2024-Integrated Tax (Rate)), effective from 10th October 2024, introducing a new entry "6AB." This entry specifies that the service of renting any property other than a residential dwelling is now subject to the Reverse Charge Mechanism (RCM). Under RCM, the liability to pay GST shifts from the supplier (landlord) to the recipient (tenant) of the service when the owner of the property is unregistered. This change aims to streamline tax compliance and prevent revenue leakage, as decided in the 54th GST Council meeting | ||
| 2024-10-01 | GSTN e-Services App to Replace e-Invoice QR Code Verifier App | Starting soon, the GSTN will replace the e-Invoice QR Code Verifier App with the new GSTN e-Services app.
This app offers enhanced features such as QR code verification for B2B e-invoices, GSTIN search using PAN or GSTIN, return filing history, and multiple input methods like text, voice, and scan. Users can also share search results via the app. The app will be available on the Google Play Store and Apple App Store without the need for login credentials. A detailed user manual will be provided soon. | ||
| 2024-09-27 | Key Provisions of the Finance (No 2) Act, 2024 Effective dates | The Ministry of Finance has issued a notification under No. 17/2024-Central Tax, announcing the implementation dates for specific sections of the Finance (No. 2) Act, 2024. According to the notification: Effective Date: The provisions under sections 118, 142, 148, and 150 of the Finance (No. 2) Act, 2024, come into effect from the date of publication of this notification in the Official Gazette. Sections 114 to 117, 119 to 141, 143 to 147, 149, and 151 to 157 will become effective from November 1, 2024. | ||
| 2024-09-24 | Filing Restrictions & Archival of GST Returns Data | As per Notification No. 28/2023, effective October 1, 2023, taxpayers will be restricted from filing their GST returns after three years from the due date, in accordance with Section 39(11) of the CGST Act, 2017. Furthermore, the GST portal will implement a data archival policy, retaining return data for only seven years. This archival process began on August 1, 2024, with returns for July 2017. The archival process will occur monthly. Taxpayers are strongly advised to download necessary data from the portal before it is archived and becomes inaccessible. | ||
| 2024-09-10 | Clarification on Regularization of Refund of IGST for Exporters Importing Inputs without Payment of Taxes | CBIC issued Circular No. 233/27/2024-GST on Sep 10, 2024, to address the refund of IGST for exporters who had imported inputs without payment of integrated tax and compensation cess. The circular clarifies that if exporters later pay the IGST and compensation cess along with interest, and reassess their Bill of Entry through Customs, the refund of IGST paid on exports will not be considered a violation of the CGST Rule 96(10). This provides relief for exporters who initially availed tax exemptions but later regularized their tax liabilities. | ||
| 2024-09-10 | Clarification on GST on Data Hosting Services Provided to Overseas Cloud Computing Service Providers | CBIC issued Circular No. 232/26/2024-GST on Sep 10, 2024, to clarify the place of supply for data hosting services provided by Indian service providers to overseas cloud computing companies. The circular states that data hosting services are not considered intermediary services, nor are they related to goods or immovable property as defined under the GST law. Therefore, the place of supply is determined under the default provision of section 13(2) of the IGST Act, meaning the location of the recipient. For cloud computing companies located outside India, data hosting services qualify as exports, subject to compliance with the export provisions under the IGST Act. | ||
| 2024-09-10 | Clarification on Input Tax Credit for Demo Vehicles under GST | CBIC issued Circular No. 231/25/2024-GST on Sep 10, 2024, providing clarification on the availability of ITC for demo vehicles used by authorized motor vehicle dealers. Demo vehicles, purchased for trial runs and demonstrations to potential buyers, are considered as capital assets in the dealer's books. The circular clarifies that ITC is available for demo vehicles if they are used for promoting the sale of similar vehicles, classifying them as being used for "further supply" of such vehicles. However, if demo vehicles are used for non-sale purposes (e.g., employee transport), ITC will not be available. ITC is also subject to certain conditions, such as non-claiming of depreciation on the tax component under the Income Tax Act. | ||
| 2024-09-10 | Clarification on GST Treatment for Advertising Services Provided to Foreign Clients | CBIC has issued Circular No. 230/24/2024-GST, dated Sep 10, 2024, to clarify the GST implications for advertising services provided by Indian advertising agencies to foreign clients. The circular provides guidance on whether such services can be considered exports, thus eligible for export benefits, or if the Indian advertising agency acts as an intermediary. It clarifies that when an Indian agency provides a comprehensive advertising service to a foreign client, the place of supply is outside India, and the service qualifies as export. However, if the agency only facilitates procurement of media space without providing the service itself, it is treated as an intermediary, and the place of supply will be within India. | ||
| 2024-09-03 | GST Portal Introduces New Invoice Management System (IMS) Starting Oct 1, 24 | GSTN has announced the launch of Invoice Management System (IMS) on GST portal, effective from Oct 1, 2024. This new feature aims to enhance the ITC process by allowing taxpayers to accept, reject, or keep supplier invoices pending directly on portal. If no action is taken on an invoice, it will be "Deemed Accepted" and included in the GSTR-2B for ITC claims. The IMS also facilitates direct corrections and amendments to invoices, helping to prevent mismatches and ensuring accurate ITC claims. This update represents a significant improvement in the GST compliance ecosystem, reducing errors and streamlining the tax filing process. | ||
| 2024-08-23 | Furnishing Bank Account Details Mandatory Before Filing GSTR-1/IFF | Starting from September 1, 2024, taxpayers will be required to furnish valid bank account details in their GST registration before filing GSTR-1 or using the Invoice Furnishing Facility (IFF) for the tax period August 2024 onwards. This enforcement follows Rule 10A of the Central Goods and Services Tax Rules, 2017. Taxpayers who have not yet updated their bank account information are advised to do so by navigating to Services > Registration > Amendment of Registration Non-Core Fields on the GST portal. Failure to comply will prevent the filing of GSTR-1 or IFF. | ||
| 2024-08-23 | New RCM Liability/ITC Statement for Enhanced Transparency in GST Filing | Effective August 2024, a new "RCM Liability/ITC Statement" has been introduced on the GST Portal to improve accuracy in reporting Reverse Charge Mechanism (RCM) transactions. This statement captures RCM liability and corresponding ITC claims in GSTR-3B, ensuring better compliance.
Taxpayers can report their RCM ITC opening balances until October 31, 2024, with amendment opportunities available until November 30, 2024. The statement applies to monthly filers starting from August 2024 and to quarterly filers from the July-September 2024 period. Navigation: To access the RCM Liability/ITC Statement, navigate to: Services >> Ledger >> RCM Liability/ITC Statement. | ||
| 2024-08-12 | Second Special All-India Drive Against Fake GST Registrations | (CBIC) has initiated a second special All-India drive to combat fake GST registrations, starting from August 16, 2024, and lasting for two months. Building on the success of the previous drive, this effort aims to identify and eliminate suspicious GSTINs using advanced data analytics. Coordinated action by Central and State tax authorities will involve rigorous verification, suspension, and cancellation of fraudulent registrations, ensuring the protection of government revenue. A comprehensive reporting mechanism will monitor progress and share findings with relevant authorities. | ||
| 2024-08-06 | GSTN Updates for UPI and Credit/Debit Cards Payment Method | GSTN has partnered with Axis Bank and Karnataka Bank to enhance its payment systems. New Payment Updates: 1. HDFC Bank now supports UPI payments. 2. Axis Bank now supports both credit/debit card and UPI payments. 3. Karnataka Bank is now live with UPI payments. | ||
| 2024-07-31 | Establishment and Constitution of Goods and Services Tax Appellate Tribunal (GSTAT) | Central Government has officially established Goods and Services Tax Appellate Tribunal (GSTAT) effective from September 1, 2023, following recommendations from the GST Council. This notification details the creation of the Principal Bench at New Delhi and specifies the formation of state benches across various states in India. The Principal Bench will oversee GST-related appeals, while state benches will handle appeals at the regional level, with some functioning as circuit benches. Each bench will consist of judicial and technical members to ensure comprehensive adjudication. The notification supersedes earlier ones dated Dec 29, 23, and Sep 14, 23, while maintaining actions taken before this supersession. | ||
| 2024-07-15 | CBIC Clarifies GST Rates for Various Goods and Services | CBIC has issued Circular No. 229/23-24-GST, providing clarification on GST rates applicable to various goods and services. This circular aims to ensure uniformity in the application of GST rates and address common queries related to rate discrepancies. It covers specific items, services, and any recent rate changes or updates, enhancing compliance and understanding among taxpayers. Key changes include revised GST rates for raw cotton, imitation zari thread, and extruded snack pellets. | ||
| 2024-07-12 | Amendments to Central Tax Rates for Packaging Materials | Notification Number: 02/2024-Central Tax (Rate) Dated: 12/07/2024 Summary: This notification, under the Central Goods and Services Tax Act, updates the tax rates for specific packaging materials. It sets a 6% tax rate under Schedule II for cartons, boxes, and cases made from corrugated or non-corrugated paper or paperboard. The relevant HSN codes are 4819 10 and 4819 20. | ||
| 2024-07-10 | CBIC Lowers TCS Rate to 0.5% for E-Commerce Operators | The CBIC has reduced the Tax Collected at Source (TCS) rate from 1% to 0.5% for e-commerce operators. This adjustment, effective from July 10, 2024, applies to the net value of intra-State and inter-State taxable supplies. This change aims to ease the compliance burden on e-commerce businesses and aligns with the recommendations of the 53rd GST Council meeting.
Reference: Notification No. 15/2024-Central Tax dated July 10, 2024 Notification No. 01/2024-Integrated Tax dated July 10, 2024 | ||
| 2024-07-10 | Mandatory Aadhaar Authentication for GST Registration Across India | The CBIC has mandated Aadhaar authentication for GST registration for applicants in all States and Union territories. This process includes biometric-based Aadhaar authentication and document verification at designated GST Suvidha Kendras. This measure aims to enhance the security and integrity of the GST registration process.
Reference: Notification No. 12/2024-Central Tax dated July 10, 2024. | ||
| 2024-07-10 | CBIC Exempts Small Taxpayers from Filing Annual GST Returns | The CBIC has exempted registered persons with an aggregate turnover of up to Rs. 2 crore in the financial year 2023-24 from filing annual returns in FORM GSTR-9. This measure, effective from FY 2023-24 onwards, aims to reduce the compliance burden for small taxpayers.
Reference: Notification No. 14/2024-Central Tax dated July 10, 2024. | ||
| 2024-07-10 | New Requirement: Photograph and Document Verification for GST Registration | The CBIC has notified that applicants for GST registration who do not opt for Aadhaar authentication must upload a photograph and present the original documents for verification. This applies to applications submitted through FORM GST REG-01. The process ensures robust identification and compliance verification.
Reference: Notification No. 12/2024-Central Tax dated July 10, 2024. | ||
| 2024-07-10 | CBIC Updates Interest Calculation for Delayed GST Return Filing | The CBIC has amended Rule 88B of the CGST Rules to ensure that interest on delayed filing of GST returns is calculated based on the net tax liability. Specifically, any amount available in the Electronic Cash Ledger on the due date of filing GSTR-3B and debited while filing the return will not be included in the interest calculation. This change aims to provide clarity and reduce the interest burden on taxpayers.
Reference: Notification No. 12/2024-Central Tax dated July 10, 2024. | ||
| 2024-07-10 | New Deadline for Filing FORM GSTR-4 Announced by CBIC | CBIC has mandated that taxpayers under the Composition Levy scheme must file their annual return in FORM GSTR-4 by June 30th of the following financial year. This new deadline applies starting from the financial year 2024-25, allowing more time for compliance.
Reference: Notification No. 12/2024-Central Tax dated July 10, 2024. | ||
| 2024-07-10 | CBIC Updates Rules for Input Tax Credit Distribution by ISD | CBIC, via Notification No. 12/2024-Central Tax dated July 10, 2024, has revised procedures for distributing input tax credit (ITC) by Input Service Distributors (ISD). Key updates include: 1) Monthly Distribution: ITC for a month must be distributed within that month, detailed in FORM GSTR-6. 2) Transitional Credit: Allows transitional credit for pre-July 1, 2017 services with invoices received before the appointed date. 3) Recipient-Specific Distribution: ITC must be distributed based on each recipient's turnover. 4) ISD Invoices and Credit Notes: Mandates issuing ISD invoices and credit notes for ITC adjustments. | ||
| 2024-07-10 | CBIC Updates Rules for Appeals and Applications to the Appellate Tribunal | The CBIC has amended rules for filing appeals and applications to the Appellate Tribunal. These changes include procedures for filing electronic cross-objections in FORM GST APL-06 and applications for withdrawal in FORM GST APL-05/07W. Appeals are considered filed only when a final acknowledgment is issued in FORM GST APL-02. These updates streamline the appeal process and ensure proper documentation and tracking. Reference: Notification No. 12/2024-Central Tax dated July 10, 2024. | ||
| 2024-07-10 | CBIC Updates Voluntary Tax Payment Procedures | CBIC has updated procedures for voluntary tax payments. When a taxpayer pays under Section 73(5) or 74(5) of the CGST Act, they must inform the proper officer using FORM GST DRC-03. An acknowledgment will be provided electronically in FORM GST DRC-04. If partial payment is made or arguments are submitted, FORM GST DRC-01A will be used. Payments made through FORM GST DRC-03 can be credited using FORM GST DRC-03A. However, if proceedings conclude with FORM GST DRC-05, FORM GST DRC-03A cannot be filed for that payment. | ||
| 2024-07-10 | New Provision for E-Way Bill Generation by Unregistered Persons | The CBIC has introduced a new provision allowing unregistered taxable persons to generate an E-way Bill in FORM GST EWB-01. Effective from a date yet to be notified, unregistered persons can generate the E-way Bill either directly on the GST Portal by submitting details electronically in FORM GST ENR-03 or through a Facilitation Centre. This amendment, by inserting the fourth proviso to sub-rule (3) of Rule 138 of the CGST Rules, aims to streamline the movement of goods with consignment values exceeding Rs. 50,000. | ||
| 2024-07-10 | CBIC Amends Valuation Rules for Corporate Guarantees | CBIC has retrospectively amended Rule 28(2) of the CGST Rules to address the valuation of corporate guarantees provided between related parties, including those given to banking companies. Effective from October 26, 2023, the value of such services is the higher of 1% of the guarantee amount or the actual consideration paid. This amendment aims to bring clarity and uniformity in the valuation process under GST.
Reference: Notification No. 12/2024 to 15/2024-Central Tax dated July 10, 2024 | ||
| 2024-07-10 | New Facility: Amend GSTR-1 with Ease Using FORM GSTR-1A | The CBIC has introduced FORM GSTR-1A to allow taxpayers to amend or add details to their GSTR-1 for a tax period before filing GSTR-3B. This new form helps ensure accurate tax liability calculation, reducing errors and fostering a streamlined compliance process.
Reference: Notification No. 12/2024-Central Tax dated July 10, 2024. | ||
| 2024-07-10 | New GST Rule: Lower Threshold for B2C Inter-State Supply Reporting | The CBIC has amended the threshold for reporting B2C inter-state supplies in Table 5 of FORM GSTR-1. The new limit is reduced from Rs. 2.5 lakh to Rs. 1 lakh per invoice. This change is applicable from August 1, 2024, and aims to enhance the accuracy of reporting and improve compliance. Reference: Notification No. 12/2024 -Central Tax dated July 10, 2024 | ||
| 2024-07-10 | CBIC Clarifies Refund Process for Additional Integrated Tax on Exported Goods | CBIC has outlined the procedure for refunding additional Integrated Tax due to price revisions of exported goods. Exporters can now file for refunds electronically in FORM GST RFD-01 through the common portal. This applies when the price of goods is revised upward post-export, and the initial tax amount has already been refunded. This aims to facilitate a substantial number of taxpayers obligated to pay additional IGST due to post-export price revisions, enabling them to claim refunds for additional IGST payments. | ||
| 2024-07-10 | GST Exemption for Accommodation Services: Relief for Students and Professionals | The CBIC exempts accommodation services up to Rs. 20,000 per month per person if provided for a continuous period of at least 90 days. This exemption benefits hostels and co-living spaces catering to students and working professionals, providing financial relief and clarity on GST applicability.
Reference: Notification No. 04/2024-Central Tax (Rate) dated July 12, 2024. | ||
| 2024-07-12 | New GST Rule: File Returns Promptly to Avoid Cancellation | CBIC has introduced Clause (ga) to Rule 21 of the CGST Rules, enforcing strict timelines for filing returns after revocation of GST registration:
File All Pending Returns: Submit all returns from the date of cancellation to the date of revocation within 30 days of the revocation order. Retrospective Cancellation: If cancellation is retroactive, file all returns from the effective date of cancellation to the date of revocation within the same 30-day period. Non-compliance Consequences: Failure to comply will result in the re-cancellation of GST registration under the new rule. | ||
| 2024-06-26 | ITC for Insurance Companies on Motor Vehicle Repairs | CBIC's Circular No. 217/11/2024-GST clarifies that insurance companies can claim Input Tax Credit (ITC) for motor vehicle repair expenses in reimbursement claim settlements. ITC is available when garages issue invoices in the insurance company's name, and the company reimburses the insured. Insurance companies are considered the recipient of these services, making ITC permissible under Section 17(5) of the CGST Act. | ||
| 2024-06-26 | CBIC Clarifies Time of Supply for Spectrum Usage Services | CBIC issued Circular No. 222/16/2024-GST on June 26, 2024, clarifying the time of supply for services related to spectrum usage under GST. Key points include: Upfront Payments: GST is payable when the payment is made or due, whichever is earlier. Deferred Payments: For installment payments, GST is payable on each installment's due date or when payment is made, whichever is earlier. Continuous Supply of Services: Spectrum usage is considered a continuous supply of services, aligning GST application with periodic payment obligations specified in contracts. | ||
| 2024-06-26 | CBIC Clarifies Place of Supply for Custodial Services to Foreign Portfolio Investors | CBIC issued Circular No. 220/14/2024-GST on June 26, 2024, clarifying the place of supply for custodial services provided by banks to Foreign Portfolio Investors (FPIs). These services are not treated as services provided to an 'account holder' under Section 13(8)(a) of the IGST Act. Instead, the place of supply is determined by the location of the recipient of services under Section 13(2) of the IGST Act, 2017. | ||
| 2024-06-26 | GST taxability of loan transactions between an overseas affiliate and its Indian affiliate | CBIC issued Circular No. 218/12/2024-GST on June 26, 2024, clarifying the taxability of loan transactions between an overseas affiliate and its Indian affiliate or between related persons. When a loan is provided without any additional consideration besides interest or discount, it does not constitute a supply of service and is not subject to GST. | ||
| 2024-06-26 | CBIC Clarifies GST and ITC on Warranty Services | CBIC's Circular No. 216/10/2024-GST clarifies GST liability and ITC on warranty and extended warranty services. Key points include: Clarifications apply to both parts and goods replacement under warranty. No GST or ITC reversal is required when distributors replace goods under warranty and are later replenished by the manufacturer. Extended warranties supplied separately from goods are treated as distinct services. | ||
| 2024-06-26 | CBIC Clarifies Valuation of Imported Services from Related Persons | The CBIC issued Circular No. 210/4/2024-GST on June 26, 2024, clarifying the valuation of import services by related persons where the recipient is eligible for full input tax credit (ITC). According to Rule 28 of the CGST Rules, the value declared in the invoice is deemed the open market value if full ITC is available. If no invoice is issued, the value is deemed Nil. This provision ensures consistent application and helps simplify GST compliance. | ||
| 2024-06-26 | New Monetary Limits for Filing Appeals: Streamline Your GST Litigation | The CBIC has issued Circular No. 207/1/2024-GST dated June 26, 2024, to reduce government litigation by setting new monetary thresholds for filing appeals. Appeals before the GST Appellate Tribunal (GSTAT) are now set at a minimum of Rs. 20 lakhs, for High Courts at Rs. 1 crore, and for the Supreme Court at Rs. 2 crores. These limits are designed to optimize judicial resources and provide certainty to taxpayers. | ||
| 2024-05-01 | Appointment of President in GST Appellate Tribunal | The Appointments Committee of the Cabinet has approved the appointment of Justice (Retd) Sanjaya Kumar Mishra as the President of the Goods and Services Tax Appellate Tribunal. This appointment was based on the recommendation of the Chief Justice, High Court of Jharkhand. Justice Mishra is appointed at a salary of Rs. 250,000 per month, for a term of 4 years or until he reaches the age of 70, whichever is earlier. The document is signed by Ramesh Chandra Jha, Under Secretary to the Government of India, and is addressed to various departments including the Prime Ministers Office. | ||
| 2024-04-11 | Recommended Extension of GSTR-1 due date to 12th April 2024 | GSTN has noticed that taxpayers are facing difficulties in filing GSTR-1 intermittently since yesterday due to technical issues leading to slow response on the portal. GSTN has accordingly recommended to CBIC that the due date for filing of GSTR-1 for the monthly taxpayers be extended by a day ie till 12/4/24. | ||
| 2024-04-09 | Advisory: Auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1 | Dear Taxpayers, 1.GSTN is pleased to inform that a new feature to auto-populates the HSN-wise summary from e-Invoices into Table 12 of GSTR-1 is now available on the GST portal. This allows for direct auto-drafting of HSN data into Table 12 based on e-Invoice data. 2.Please note that the HSN-wise summary data auto-populated into Table 12 is intended for your convenience. Please ensure that you reconcile the data with your records before its final submission.3.Any discrepancies or errors should be manually corrected or added in Table 12 before final submission. | ||
| 2024-04-03 | Mandatory e-Invoicing Advisory for Taxpayers | The Goods and Service Tax Network (GSTN) has issued an advisory dated 3rd April 2024, mandating e-Invoicing for taxpayers with a turnover exceeding INR 5 crores in the financial year 2023-2024. This requirement will be in effect from 1st April 2024 and will continue in subsequent years if the threshold is crossed. Taxpayers who are eligible but have not yet enrolled can self-enable e-Invoicing on the GST portal. They are directed to report through one of the four new Invoice Registration Portals (IRPs), specifically e-Invoice IRP 3 to e-Invoice IRP 6. Additionally, e-Invoices through NIC IRP 1 & 2 can be reported by self-enabling at two specific URLs. For assistance, taxpayers can contact the GST helpdesk or log a ticket on the GST self-service portal. | ||
| 2024-03-29 | Streamlined DGGI Investigation Guidelines | DGGI sets new investigation guidelines post annual conference. Guidelines aim for ease of doing business and resource optimization. All-India jurisdiction granted for GST and Central Excise investigations. Clear jurisdiction rules to avoid overlapping investigations. High-level approvals needed for sensitive or out-of-jurisdiction cases. Emphasis on taxpayer convenience in multi-state investigations. Summons use restricted to avoid unnecessary taxpayer burden. Efforts towards quicker resolutions and grievance redressal enhanced. | ||
| 2024-03-12 | Advisory on GSTR-1/IFF: Introduction of New 14A and 15A tables | It is informed to all taxpayers that as per Notification No. 26/2022 - Central Tax dated 26th December 2022 two new Table 14A and Table 15A have been introduced in GSTR-1 to capture the amendment details of the supplies made through e-commerce operators (ECO) on which e- commerce operators are liable to collect tax under section 52 or liable to pay tax u/s 9(5) of the CGST Act, 2017. These tables have now been made live on the GST common portal and will be available in GSTR- 1/IFF from February 2024 tax period onwards. These amendment tables are relevant for those taxpayers who have reported the supplies in Table 14 or Table 15 in earlier tax periods. | ||
| 2024-01-23 | GSTIN Bank Detail Submission Advisory | The advisory mandates that all registered taxpayers under CGST Act 2017 are required to provide their bank account details within 30 days of registration or before the due date for GST-1/IFF, whichever is earlier. Failure to comply will lead to suspension of the GSTIN and restriction from filing further GSTR-1/IFF. A new system feature is being developed to enforce this requirement. If the taxpayer responds to a suspension notice (FORM REG-31) by updating their bank details, the suspension will be revoked. However, if no update is made within 30 days after the FORM REG-31 is issued, the taxpayer's registration may be cancelled. Immediate action is urged to avoid such consequences. | ||
| 2024-01-10 | Blocking the generation of E-Way Bill without e-Invoice/IRN has been withdrawn. | As per the latest update on https://ewaybillgst.gov.in/, Blocking the generation of E-Way Bill without e-Invoice/IRN has been withdrawn. | ||
| 2024-01-05 | 6-digit HSN code for AATO exceeding Rs 5 Crores | There is an advisory from the National Informatics Centre regarding the E-Way Bill System's requirements for HSN code entry. It references notification 78/2020 dated October 15, 2020, mandating that taxpayers with an Annual Aggregate Turnover (AATO) exceeding Rs. 5 Crores must use at least a 6-digit HSN code for B2B and export transactions. Those with AATO below Rs. 5 Crores are required to use at least a 4-digit HSN code. This requirement will come into effect within the E-Way Bill System starting February 1, 2024, and taxpayers need to update their systems accordingly to comply with the new validation rules for generating e-way bills through web and API systems from that date. | ||
| 2024-01-05 | E-WAY BILL UPDATE - National informatics Centre | Starting from 1st March 2024, tax payers enabled for E-Invoice will be required to include E-Invoice/IRN details in their E-Way Bills for B2B and B2E transactions. This update ensures alignment between the E-Way Bill and E-Invoice data. It is a call to action for all taxpayers and transporters to update their systems accordingly to comply with the new regulations starting 1st March 2024. | ||
| 2024-01-03 | Online declaration requirement for GTA for FY 24-25 | Now one can choose Forward Charge via Annexure V and switch back to RCM through Annexure VI.
The option is open from 1st January '24 to 31st March '24.
If a GTA opts for Forward Charge in any FY, it's considered ongoing for subsequent years unless changed to RCM by filing Annexure-VI.
If Annexure V for Forward Charge is already submitted for FY 2023-24, there's no need to refile for FY 24-25 to maintain Forward Charge. The portal will not accept a new Annexure V filing in this scenario and will display a message indicating the active status of the previously filed Annexure V. | ||
| 2023-12-29 | Extension of Deadline for opening balance for ITC Reversal Declaration in GST | The Goods and Services Tax Network (GSTN) has announced an extension of the deadline for taxpayers to declare the opening balance for Input Tax Credit (ITC) reversal until the 31st of January, 2024. This extension aims to ensure accurate reporting and tracking of ITC reversal and reclaims. A new ledger, the Electronic Credit and Re-claimed Statement, has been introduced on the GST portal to assist in this process. Taxpayers will also have three opportunities to amend their declared opening balance if any discrepancies are found, with the facility for amendment available until the 29th of February, 2024. | ||
| 2023-12-28 | Extension of Time Limit for Financial Years 2018-19 and 2019-20 for issuance of order u/s 73 | Notification No. 56/2023 - Central Tax issued by the Ministry of Finance on 28th December 2023, this notification extends the time limit for issuance of order by Department u/s 73 under the Central Goods and Services Tax Act for the financial years 2018-19 and 2019-20. The specific extensions are until the 30th of April, 2024, for the financial year 2018-19, and until the 31st of August, 2024, for the financial year 2019-20, as per the recommendations of the Council. | ||
| 2023-12-20 | Extension of Due Date for GSTR-3B Submission for Select Districts in Tamil Nadu | Notification No. 55/2023 by the Ministry of Finance, dated 20th December 2023, extends the due date for GSTR-3B for November 2023 to 27th December 2023. This applies to taxpayers in Chennai, Tiruvallur, Chengalpattu, and Kancheepuram in Tamil Nadu. The extension is in line with the Central Goods and Services Tax Act, 2017 and GST Council recommendations. | ||
| 2023-12-05 | 6 digit HSN will be mandatory in e-Invoices | Atleast 6 digit HSN will be mandatory in e-Invoices, for taxpayers whose AATO is 5 Crore and above, from 15th of December 2023. | ||
| 2023-11-28 | GST Amnesty Advisory for Delayed Appeal Filings | The GST Council has proposed an amnesty for taxpayers who missed the March 31, 2023, deadline to file an appeal against demand orders under CGST Act sections 73 or 74. Under this amnesty, appeals can now be filed using FORM GST APL-01 until January 31, 2024. Payments for the appeals must be processed through the GST portal as stipulated in Notification No. 53/2023. If an appeal has already been filed, taxpayers must make differential payments to qualify for the amnesty. For re-filing or issues with APL-01, taxpayers should raise a ticket on the GST Grievance Redressal Portal. | ||
| 2023-11-23 | Inst No 04/2023-GST on Electronic Issuance and Uploading of GST Notices and Orders | The document, dated 23rd November 2023, issued by the CBIC addresses the need for proper electronic servicing and uploading of GST notices and orders. It emphasizes the mandatory issuance of the summary of notices in FORM GST DRC-01 and uploading of orders in FORM GST DRC-07 on the GST portal by the proper officer. The instruction highlights that some field formations are not complying with these requirements, leading to potential issues in record keeping, appeal processes, and recovery actions under GST. The document directs officers to strictly adhere to the rules for electronic issuance to ensure seamless proceedings and compliance. Difficulties in implementation of these instructions can be reported to the Board. | ||
| 2023-11-02 | Extension and Special Procedure for Late Appeal Filings under CGST Act | Notification dated 2nd November 2023, No. 53/2023-CENTRAL TAX, by the MoF, extends a special procedure for taxable persons who missed the deadline to file an appeal against orders under sections 73 or 74 of CGST Act, 2017, before 31st Mar 2023. It allows such persons to file an appeal in FORM GST APL-01, per section 107, by 31st January 2024. Existing appeals fulfilling certain conditions are deemed filed under this notification. It mandates full payment of admitted tax, interest, fine, fee, and penalty, plus 12.5% of remaining disputed tax amount, capped at 25 crore rupees, with at least 20% paid from the Electronic Cash Ledger, before filing an appeal. No refunds will be granted till the appeal's disposal, and non-tax demands are inadmissible. | ||
| 2023-10-30 | 2-factor authentication compulsory for AATO of Rs 20 crore or more | Effective from November 1, 2023, Two-Factor Authentication (2FA) has been mandated for taxpayers with an Annual Aggregate Turnover (AATO) exceeding Rs. 20 crores in the GST e-invoice system. Option has been given to either register now or give undertaking for deferment of 2FA. This requirement is to enhance security during the login process by adding an extra layer of protection, typically using a One Time Password (OTP), along with the regular login credentials. | ||
| 2023-10-26 | FORM GST DRC-22 in CGST Rules, 2017 modified to add a validity period for it | Vide Notification No. 52/2023 - Central Tax dated October 26, 2023, in form GST DRC-22, after the last paragraph, the following para is inserted - This order shall cease to have effect, on the date of issuance of order in FORM GST DRC-23 by the Commissioner, or on the expiry of a period of one year from the date of issuance of this order, whichever is earlier. | ||
| 2023-10-26 | New Amendment in FORM GST REG-01: Inclusion of One Person Company under PART-B | The amendment in FORM GST REG-01 under PART-B vide Notification No. 52/2023 - Central Tax dated October 26, 2023 has added a new clause "(xiva) One Person Company" after clause (xiv), providing an option for individuals registering as a 'One Person Company' to specify their registrant type while registering for GST. | ||
| 2023-10-26 | Inclusion of Expiry Term in CGST Rule 159(2) | The amendment to Rule 159 sub-rule (2) of the CGST Rules, 2017 vide [Notification No. 52/2023 - Central Tax dated October 26, 2023] has introduced a specific clause "or on expiry of one year from the date of order under sub-rule (1), whichever is earlier" post "Commissioner to that effect". This revision sets a definitive timeline, ensuring that the respective procedure under this rule is concluded either upon receiving a specific directive from the Commissioner or as one year elapses from the date the order under sub-rule (1) was issued, whichever scenario occurs first. | ||
| 2023-10-26 | Modification in Rule 142(3) of CGST Rules: Transition from Order to Intimation | The amendment to Rule 142 sub-rule (3) of the Central Goods and Services Tax (CGST) Rules has been made vide Notification No. 52/2023 - Central Tax dated October 26, 2023 to alter the phrase "proper officer shall issue an order" to "proper officer shall issue an intimation". This amendment is a part of the continuous effort to simplify the language and processes within the CGST framework, ensuring that actions taken by tax officers are communicated in a more straightforward manner to the concerned parties. This change signifies a shift in the procedural aspect, making the communication from the proper officer to the taxpayer less formal and more informative in nature. | ||
| 2023-10-26 | Clarification in CGST Rules: Valuation of Corporate Guarantees Between Related Parties | In a bid to clarify the taxability of corporate guarantees, the GST Council, during its 52nd meeting on October 7, 2023, recommended amendments in the CGST Rules, 2017. The Council proposed a new sub-rule (2) in Rule 28 to ascertain the taxable value of corporate guarantees provided among related parties. As per the amendment vide Notification No. 52/2023 - Central Tax dated October 26, 2023, the taxable value is pegged at 1% of the guarantee amount or the actual consideration received, whichever is higher. This valuation is applicable irrespective of the availability of full Input Tax Credit to the service recipient. | ||
| 2023-10-19 | GST Rate Notification for Taxation of Government Entities amended | Recommendations made by the GST Council during its 52nd Meeting are implemented vide Notification No. 19/2023 - Central Tax (Rate) dated October 19, 2023
The Central Government, in accordance with the Central Goods and Services Tax Act, 2017, has amended the Notification No. 04/2017 - Central Tax (Rate). The amendment changes the entry related to taxation of government entities, specifying that it excludes the Ministry of Railways (Indian Railways). These changes become effective on October 20, 2023. | ||
| 2023-10-19 | GST Rate Notification for Imitation Zari Thread and Polyester/Plastic Film amended | Recommendations made by the GST Council during its 52nd Meeting are implemented vide Notification No. 20/2023 - Central Tax (Rate) dated October 19, 2023
The Central Government, under the Central Goods and Services Tax Act, 2017, has made an amendments to Notification No 05/2017 - Central Tax (Rate). This amendment introduces a new entry (S. No. 6AA) related to imitation zari thread or yarn made from metallized polyester or plastic film, specifying that it applies only for the refund of input tax credit on polyester or plastic film. These changes take effect on October 20, 2023. | ||
| 2023-10-19 | GST Rate Notification for Governmental Services, Including Indian Railways amended | Recommendations made by the GST Council during its 52nd Meeting are implemented vide Notification No. 13/2023 - Central Tax (Rate) dated October 19, 2023
The Central Government, under the Central Goods and Services Tax Act, 2017, has made amendments to Notification No. 12/2017 - Central Tax (Rate). The changes include the addition of services provided to Governmental Authorities related to water supply, public health, sanitation, solid waste management, and slum improvement. It also extends the tax provisions to include the Ministry of Railways (Indian Railways). These amendments take effect on October 20, 2023. | ||
| 2023-10-19 | GST Rate Notification for Taxable Construction Services amended | Recommendations made by the GST Council during its 52nd Meeting are implemented vide Notification No. 15/2023 - Central Tax (Rate) dated October 19, 2023
The Central Government, based on the Central Goods and Services Tax Act, 2017, has amended Notification No. 15/2017 - Central Tax (Rate). The amendment changes the definition of taxable construction services for buildings or complexes intended for sale, excluding cases where the full payment is received post-completion certificate issuance or initial occupation. These changes become effective on October 20, 2023. | ||
| 2023-10-19 | GST Notification for Unpackaged Millet Food Preparations amended | Recommendations made by the GST Council during its 52nd Meeting are implemented vide Notification No. 18/2023 - Central Tax (Rate) dated October 19, 2023.
The Central Government, under the Central Goods and Services Tax Act, 2017, has made an amendment to Notification No. 02/2017 - Central Tax (Rate). This amendment introduces a new entry (S. No. 94A) regarding food preparations made from millet flour, containing at least 70% millets by weight, when not pre-packaged and labeled. The amendment takes effect on October 20, 2023. | ||
| 2023-10-19 | GST Rate Notification for Molasses, Millet Food Preparations, and Spirits amended | Recommendations made by the GST Council during its 52nd Meeting are implemented vide Notification No. 17/2023 - Central Tax (Rate) dated October 19, 2023.
The Central Government, based on the Central Goods and Services Tax Act, 2017, has made amendments to Notification No. 01/2017 - Central Tax (Rate). The changes involve adjustments to tax rates for items including molasses, millet flour-based food preparations, and spirits for industrial use, with the omission of specific entries. These amendments take effect on October 20, 2023. | ||
| 2023-10-19 | GST Rate Notification for Passenger Transportation Services amended | Recommendations made by the GST Council during its 52nd Meeting are implemented vide Notification No. 16/2023 - Central Tax (Rate) dated October 19, 2023
The Central Government, in line with the Central Goods and Services Tax Act, 2017, has made amendments to Notification No. 17/2017 - Central Tax (Rate). It revises the definition of services related to the transportation of passengers by motor vehicles, excluding omnibuses unless provided by a company through an electronic commerce operator. These amendments are effective from October 20, 2023. | ||
| 2023-10-19 | ITC Rules under the CGST Act, 2017 amended | Recommendations made by the GST Council during its 52nd Meeting are implemented vide Notification No. 12/2023- Central Tax (Rate) dated October 19, 2023
The Central Government, exercising powers under the Central Goods and Services Tax Act, 2017, has made amendments to Notification No. 11/2017 - Central Tax (Rate). It introduces conditions for taking input tax credit on input services in the same line of business, restricting it to 2.5% when the supplier charges a higher tax rate. The notification also omits certain entries and takes effect on October 20, 2023. | ||
| 2023-09-14 | Central Government constitutes State Benches of the GST Appellate Tribunal | In exercise of the powers conferred by the sub-section 4 of section 109 of the Central Goods and Services Tax Act, 2017, Central Government, on the recommendation of the Goods and Services Tax Council, constitutes the number of State Benches of the Goods and Services Tax Appellate Tribunal for various states at mentioned locations. Total 31 Benches have initially been notified. | ||
| 2023-09-06 | Value of supply in case of online gaming including online money gaming | Central Goods and Services Tax Rules, 2017 - Rule 31B The value of supply of online gaming, including supply of actionable claims involved in online money gaming, shall be the total amount paid or payable to or deposited with the supplier by way of money or moneys worth, including virtual digital assets, by or on behalf of the player: Provided that any amount returned or refunded by the supplier to the player for any reasons whatsoever, including player not using the amount paid or deposited with the supplier for participating in any event, shall not be deductible from the value of supply of online money gaming. - vide Notification No. 45/2023 - Central Tax | ||
| 2023-08-28 | Advisory for applicants where GST Registration application marked for Biometric- based Aadhaar Authentication | Rule 8 of CGST Rules had been amended to provide that those applicants who had opted for authentication of Aadhaar number and identified on the common portal, based on data analysis and risk parameters, shall be placed for biometric-based Aadhaar authentication and taking photograph(s) of the applicant.
Pilot for implementation of the above change is ready and the functionality is ready for roll out by GSTN portal. Those applicants who get the link on Mobile & Email ID for Aadhaar Authentication, they can proceed for completing their application as per existing implementation. | ||
| 2023-08-04 | Rule 88D - ITC in GSTR 3B vs ITC in GSTR 2B | New Rule 88D Notified -
"Manner of dealing with difference in input tax credit available in auto-generated statement containing the details of input tax credit and that availed in return" Now the system will check the difference between ITC Availed in GSTR 3B and ITC available in GSTR 2B. If ITC availed exceeds by specified amount and percentage then such differences shall be intimated in Part A of FORM GST DRC-01C and Tax Payer have to furnish reply in Part B of FORM GST DRC-01C. | ||
| 2023-08-01 | Clarification regarding GST rates and classification of goods | Circular No. 200/12/2023-GST dt 1st August, 2023 gives Clarification regarding GST rates and classification of following goods based on the recommendations of the GST Council in its 50th meeting - i. Un-fried or un-cooked snack pellets, by whatever name called, manufactured through process of extrusion; ii. Fish Soluble Paste; iii. Desiccated coconut; iv. Biomass briquettes; v. Imitation zari thread or yarn known by any name in trade parlance; vi. Supply of raw cotton by agriculturist to cooperatives; vii. Plates, cups made from areca leaves viii. Goods falling under HSN heading 9021 | ||
| 2023-08-01 | Applicability of GST on certain services - Part 2 | The Ministry of Finance has issued a circular providing clarifications on the applicability of GST on certain services. The supply of food or beverages in a cinema hall is taxable as a restaurant service, as long as it is provided as part of a service and independent of the cinema exhibition service. If the sale of cinema tickets and the supply of food and beverages are bundled together and satisfy the test of composite supply, the entire supply will be taxed at the rate applicable to the exhibition of cinema service. - vide Circular No. 201/13/2023-GST dt 1st Aug, 23 | ||
| 2023-08-01 | Applicability of GST on certain services - Part 1 | The Ministry of Finance has issued a circular providing clarifications on the applicability of GST on certain services. Services supplied by a director of a company in his personal capacity, such as renting of immovable property to the company or body corporate, are not subject to Reverse Charge Mechanism (RCM). Only services supplied by a director in his capacity as a director of the company or body corporate are taxable under RCM. - vide Circular No. 201/13/2023-GST dt 1st Aug, 23 | ||
| 2023-07-17 | Notification No 25/2023 - Central Tax | The Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, the Ministry of Finance Department of Revenue, No 07/2023 - Central Tax, dated the 31st March, 2023 namely: In the said notification, in the proviso, for the words, letter and figure 30th day of June, 2023 the words, letter and figure 31 day of August, 2023 shall be substituted. 2. This notification shall be deemed to have come into force with effect from the 30th day of June, 2023. Notification 07/2023 talks about reduction/capping of Late fees on Annual Returns | ||
| 2023-07-17 | Notification No 24/2023 - Central Tax | The Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, the Ministry of Finance (Department of Revenue), No. 06/2023- Central Tax, dated the 31" March, 2023 namely:-
In the said notification, for the words, letter and figure "30th day of June, 2023" the words, letter and figure "31 day of August, 2023" shall be substituted. 2. This notification shall be deemed to have come into force with effect from the 30th day of June, 2023. Not. 06/2023 provided One Time Amnesty for Withdrawal of Best Judgement Assessment of Non Filers of Returns u/s 62 | ||
| 2023-07-17 | Notification No 23/2023 - Central Tax | The Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, the Ministry of Finance (Department of Revenue), No. 03/2023- Central Tax, dated the 31 March, 2023 namely: - In the said notification, for the words, letter and figure "30th day of June, 2023" the words, letter and figure "31 day of August, 2023" shall be substituted. 2. This notification shall be deemed to have come into force with effect from the 30th day of June, 2023. Not. 03/2023 provided Special Procedure for Revocation of Registration where time for applying Revocation has expired. | ||
| 2023-07-17 | Notification No 22/2023 - Central Tax | The Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, the Ministry of Finance (Department of Revenue), No. 73/2017- Central Tax, dated the 29th December, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 1600(E), dated the 29th December, 2017, namely:- In the said notification, in the seventh proviso, for the words, letter and figure "30th day of June, 2023" the words, letter and figure "31" day of August, 2023" shall be substituted. 2. This notification shall be deemed to have come into force with effect from the 30th day of June, 2023. Not. 02/2023- Central Tax, dated 31.03. 2023 provides reduction in late fees for Non Filing of GSTR-4. | ||
| 2023-07-17 | Notification No 21/2023 - Central Tax | The Commissioner hereby makes the following further amendment in notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 26/2019-Central Tax, dated the 28th June, 2019, namely:- In the said notification, in the first paragraph, in the fifth proviso:- (i) for the words, letter and figure "months of April 2023 and May 2023" the words, letter and figure "months of April 2023, May 2023 and June 2023" shall be substituted; (ii) for the words, letters and figure "thirtieth day of June, 2023", the words, letter and figure "thirty-first day of July, 2023" shall be substituted. 2. This notification shall be deemed to have come into force with effect from the 30th day of June, 2023. | ||
| 2023-07-17 | Notification No 19/2023 - Central Tax | The Commissioner, on the recommendations of the Council, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 12/2023 - Central Tax, dated the 24th May, 2023, namely:- (i) for the words, letter and figure "months of April, 2023 and May, 2023" the words, letter and figure "months of April, 2023, May, 2023 and June, 2023" shall be substituted; (ii) for the words, letters and figure "thirtieth day of June, 2023", the words, letter and figure "thirty-first day of July, 2023" shall be substituted. 2. This notification shall be deemed to have come into force with effect from the 30th day of June, 2023. | ||
| 2023-07-17 | Notification No 18/2023 - Central Tax | The Commissioner, on the recommendations of the Council, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 83/2020 - Central Tax, dated the 10th November, 2020, namely:- In the said notification, in the fourth proviso:- (i) for the words, letter and figure "tax periods April 2023 and May 2023", the words, letter and figure "tax periods April 2023, May 2023 and June 2023" shall be substituted; (ii) for the words, letters and figure "thirtieth day of June, 2023", the words, letter and figure "thirty-first day of July, 2023" shall be substituted. 2. This notification shall be deemed to have come into force with effect from the 30th day of June, 2023. | ||
| 2023-07-17 | Notification NO 26/2023-CENTRAL TAX | The Central Government, on the recommendations of the Council makes the following further amendments in the notification of the Government of India, the Ministry of Finance (Department of Revenue), No. 08/2023-Central Tax, dated the 31 March, 2023 namely:- In the said notification, for the words, letter and figure "30" day of June, 2023" the words, letter and figure 31 day of August, 2023" shall be substituted. Notification 08/2023- Central Tax, dated 31.03. 2023 waived the amount of late fee referred to in section 47 of the CGST Act for filing of GSTR - 10; | ||
| 2023-07-17 | Taxability of services from state to state | The Circular no 199/04/2023-GST dated 17th July 2023 provides clarification on the taxability of services provided by an office of an organization in one state to the office of the same organization in another state. It explains that the head office can claim input tax credit for common input services procured from a third party and used by both the head office and branch offices. The head office can distribute the input tax credit to the branch offices through the Input Service Distributor mechanism or issue tax invoices directly to the branch offices. For services provided by the head office to the branch offices, the value declared in the invoice by the head office will be considered the open market value if the branch office is eligible for full input tax credit. The cost of salary of head office employees involved in providing the services to the branch offices is not mandatory to be included in the taxable value of the services. | ||
| 2023-07-17 | Government departments for TDS to be registered under GST | The CBIC has issued Circular no 198/04/2023-GST dated 17th Jul, 23 stating that or establishments registered solely for tax deduction at source are required to be registered under the CGST Act. As a result, registered persons with turnover above the specified threshold for e-invoicing must issue e-invoices for supplies made to these government entities. | ||
| 2023-07-17 | Issues related to GST refunds | The Circular no 197/04/2023-GST dated 17th Jul, 23 provides clarifications on various issues related to GST refunds, including the restriction of refund of accumulated input tax credit to the invoices reflected in FORM GSTR-2B, amendments to the undertaking in FORM RFD-01, clarification on the calculation of Adjusted Total Turnover, and the entitlement of exporters to claim a refund of unutilized input tax credit, paid tax, and interest.
It also emphasizes that exporters can still avail the benefit of zero-rated supplies as long as goods are actually exported or payment is realized, even if it is beyond the prescribed time frames. | ||
| 2023-07-17 | Holding shares in a subsidiary company is not Supply of service | The CBIC has clarified that holding shares in a subsidiary company by a holding company will not be considered a supply of service under GST and will not be taxed. Shares are not classified as goods or services, and their purchase or sale does not fall under the category of supplying goods or services. Therefore, holding shares in a subsidiary company by a holding company is exempt from GST taxation. - Circular no 196/04/2023-GST dated 17th July 2023 | ||
| 2023-07-17 | ITC in relation to warranty replacement of parts and repair services | The Circular no 195/04/2023-GST dated 17th Jul, 23 issued by the CBIC clarifies the availability of Input Tax Credit (ITC) in relation to warranty replacement of parts and repair services. It states that if replacement parts or repair services are provided during the warranty period without any additional charge, no GST is payable. However, if any additional consideration is charged, GST will be applicable. The circular also addresses the treatment of extended warranties, stating that GST is payable on the consideration for extended warranties. | ||
| 2023-07-17 | Clarification on TCS liability under Sec 52 of CGST Act | Circular no 194/04/2023-GST dated 17th July 2023 provides clarification on the Tax Collected at Source (TCS) liability under Section 52 of the CGST Act, 2017 in the case of multiple E-commerce Operators (ECOs) in one transaction. It states that in a situation where multiple ECOs are involved in a single transaction and the supplier-side ECO is not the supplier of the goods or services, the compliances under Section 52, including collection of TCS, should be done by the supplier-side ECO who releases the payment to the supplier. However, if the supplier-side ECO is also the supplier of the goods or services, then the buyer-side ECO should collect TCS while making payment to the supplier. Suitable trade notices are requested to be issued to publicize the contents of this circular. | ||
| 2023-07-17 | Clarification on differences in ITC in FORM GSTR-3B and FORM GSTR-2A | The CBIC has issued Circular no 193/04/2023-GST dated 17th July 2023 providing clarification on the differences in Input Tax Credit (ITC) availed in FORM GSTR-3B compared to that detailed in FORM GSTR-2A for the period from April 1, 2019, to December 31, 2021. The circular outlines guidelines for the availment of ITC based on the percentage of eligible credit available in respect of invoices or debit notes not furnished by suppliers. It also states that no ITC will be allowed for supplies reported in FORM GSTR-1 or using the Invoice Furnishing Facility (IFF) from January 1, 2022, onwards unless communicated in FORM GSTR-2B. These guidelines are applicable to ongoing proceedings and pending cases during the specified period. | ||
| 2023-07-17 | Clarification on charging of interest under Sec 50(3) of CGST Act | Circular no 192/04/2023-GST dated 17th July 2023 provides clarification on the charging of interest under section 50(3) of the CGST Act, 2017, specifically in cases of wrong availment of IGST credit and its subsequent reversal. It emphasizes that the total input tax credit available in the electronic credit ledger, including IGST, CGST, and SGST, should be considered for calculating interest. However, the credit of compensation cess should not be included in the interest calculation. It also suggests the issuance of trade notices to inform the public about the circular's contents. | ||
| 2023-07-07 | GSTN to share data with ED | In exercise of the powers conferred by clause (ii) of sub-section (1) of section 66 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government, being satisfied that it is necessary in the public interest to do so, hereby makes the following further amendment in the notification of the Government of India, in the Ministry of Finance, Department of Revenue, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 381(E), dated the 27th June, 2006, namely:-
In the said notification, after serial number (25) and the entry relating thereto, the following serial number and entry shall be inserted, namely:- "(26) Goods and Services Tax Network.". | ||
| 2023-06-29 | Advisory: Online Compliance Pertaining to Liability / Difference Appearing in R1 - R3B (DRC-01B) - Part 2 | Cont. from Part 1
3. Upon receiving an intimation, taxpayer must file a reply in Form DRC-01B Part B, providing clarification through reason in automated dropdown and details regarding the discrepancy, if not included in the dropdown. 4. To further help taxpayer with the functionality, a detailed manual containing the navigation details is available on the GST portal. It offers step-by-step instructions and addresses various scenarios related to the functionality. | ||
| 2023-06-29 | Advisory: Online Compliance Pertaining to Liability / Difference Appearing in R1 - R3B (DRC-01B) - Part 1 | 1. It is informed that GSTN has developed a functionality to enable the taxpayer to explain the difference in GSTR-1 & 3B return online as directed by the GST Council. This feature is now live on the GST portal. 2. The functionality compares the liability declared in GSTR-1/IFF with the liability paid in GSTR-3B/3BQ for each return period. If the declared liability exceeds the paid liability by a predefined limit or the percentage difference exceeds the configurable threshold, taxpayer will receive an intimation in the form of DRC-01B. Conti. in Part 2 | ||
| 2023-06-23 | Update on Enablement Status for Taxpayers for e-Invoicing | As per Notification No. 10/2023 - Central Tax dated 10th May 2023, the threshold for e- Invoicing for B2B transactions has been lowered from 10 crores to 5 crores. This change will be applicable from 1st August 2023.
1.GSTN has enabled all eligible taxpayers with an Aggregate Annual Turnover (AATO) 5 crores and above as per GSTN records in any preceding financial year for e-Invoicing. These taxpayers are now enabled on all six IRP portals including NIC-IRP for e-Invoice reporting. 2.You can check your enablement status on the e-Invoice portal at https://einvoice.gst.gov.in. | ||
| 2023-06-14 | Guidelines for processing applications for registration under GST - Part 2 | Officers are also to check the authenticity of the applicant and the completeness and correctness of the address of the principal and additional places of business. Special attention is to be paid to cases where a "High" risk rating has been assigned to an application for registration. The guidelines also cover the process for physical verification of the place of business and the steps to be taken if the registered person is found to be non-existent or fictitious. | ||
| 2023-06-14 | Guidelines for processing applications for registration under GST - Part 1 | The Central Board of Indirect Taxes & Customs, GST Policy Wing has issued guidelines in Instruction No. 03/2023-GST dated 14th June, 2023 for processing applications for registration under GST. It is issued for strengthening the process of verification of applications for registration by tax officers. The aim is to prevent fake or bogus registrations. The guidelines instruct officers to scrutinize and verify the details filled by the applicant in the application for registration and the documents uploaded along with the application. The officers are to ensure that the documents are legible, complete, and relevant. | ||
| 2023-05-30 | Advisory on Declaration In Annex V by GTA opting to pay tax under FCM | The GTAs, who commence business or cross registration threshold on or after 1st April, 2023, and wish to opt for payment of tax under forward charge mechanism are required to file their declaration in Annexure V for the FY 2023-24 physically before the concerned jurisdictional authority. The declaration may be filed within the specified time limits, as prescribed in the Notification. No. 05/2023-Central Tax (Rate), dated. 09.05.2023. | ||
| 2023-05-26 | SOP for the scrutiny of returns for the financial year 2019-20 onwards - III | Issuance of Notice and Action: The proper officer shall mention the parameter-wise details of the discrepancies noticed by him in FORM GST ASMT-10 and shall also upload the worksheets and supporting document(s)/annexures, if any. For each GSTIN identified for scrutiny, the proper officer is required to scrutinize all the returns pertaining to the corresponding Financial Year under consideration and a single compiled notice in FORM GST ASMT-10 may be issued to the registered person for that financial year. Initiation of Appropriate Action Initiation of appropriate action for determination of the tax and other dues under section 73 or section 74, in cases where no reply is furnished by the registered person | FY 2019-20 onwards | |
| 2023-05-26 | SOP for the scrutiny of returns for the financial year 2019-20 onwards - II | Timelines for Scrutiny of Returns: Scrutiny of returns is to be conducted in a time-bound manner, so that the cases may be taken to their logical conclusion and that too expeditiously. The timelines may be observed by all concerned, including communication of GSTINs selected for scrutiny by DGARM on ACES GST Application for a financial year, finalization of scrutiny schedule with the approval of the concerned Assistant/Deputy Commissioner, and more. Reporting and Monitoring: The details of action taken by the proper officer in respect of GSTINs allocated to him for scrutiny will be available in the form of two MIS reports in the scrutiny dashboard on the ACES-GST application. The requirement of compiling and sending the Monthly Scrutiny Progress Report by the CGST zones to DGGST is hereby dispensed with for the Financial Year 2019-20 onwards. | FY 2019-20 onwards | |
| 2023-05-26 | SOP for the scrutiny of returns for the financial year 2019-20 onwards - I | The Directorate General of Analytics and Risk Management (DGARM) will select GSTINs registered with the Central Tax authorities for scrutiny based on identified risk parameters. Scrutiny of Returns: The CBIC ACES-GST application will contain an online workflow for scrutiny of returns. The proper officer will issue a notice to the registered person in FORM GST ASMT-10 through the scrutiny functionality on ACES-GST application, informing them of the discrepancies noticed and seeking their explanation. The online scrutiny functionality will boost the department's efforts to leverage technology and risk-based tools to encourage self-compliance and conduct scrutiny of returns with minimal interaction with the registered person. | FY 2019-20 onwards | |
| 2023-05-10 | Lowered Threshold for E-Invoicing Compliance | The Ministry of Finance has issued a notification No. 10/2023-Central Tax, amending the Central Goods and Services Tax Rules, 2017. The amendment, made on the recommendation of the Council, lowers the threshold for the requirement of e-invoicing. With effect from August 1, 2023, businesses with an annual aggregate turnover of five crore rupees or more will be required to issue electronic invoices, instead of the previous threshold of ten crore rupees. The notification replaces the earlier notification No. 13/2020 - Central Tax, dated March 21, 2020. | ||
| 2023-05-09 | Date to opt for FCM for FY 23-24 Extended. | The option to opt for FCM as per Form Annexure V for the Financial Year 2023-2024 shall be exercised on or before the 31st May, 2023. Provided also that a GTA who commences new business or crosses threshold for registration during any Financial Year, may exercise the option to itself pay GST on the services supplied by it during that Financial Year by making a declaration in Annexure V before the expiry of forty-five days from the date of applying for GST registration or one month from the date of obtaining registration whichever is later. Vide Notification 05/2023 | ||
| 2023-05-06 | Deferment of Implementation of Time Limit on Reporting Old e-Invoices | 1. It is to inform you that it has been decided by the competent authority to defer the imposition of time limit of 7 days on reporting old e-invoices on the e- invoice IRP portals for taxpayers with aggregate turnover greater than or equal to 100 crores by three months. 2. The next date of implementation will be shared with you in due course of time. | ||
| 2023-05-04 | CBIC launches Special Drive Against Fake GST Registrations | The Central Board of Indirect Taxes and Customs in India has issued guidelines for a special all India drive against fake GST registrations. The drive will run from 16 May to 15 July 2023. The aim is to detect and weed out fake billers from the GST eco-system. The guidelines include identifying fraudulent GSTINs, appointing nodal officers for information sharing, taking action against non-existent and fictitious taxpayers, and providing weekly reports on action taken. The National Coordination Committee will monitor the progress of the special drive. Vide Instruction no. 01/2023-GST | ||
| 2023-05-04 | Advisory for Timely Filing of GST Returns - Part 2 | Filing Form GSTR 3B well in advance can help avoid last-minute rush and system congestion. Some taxpayers uploaded large numbers of past period invoices on GSTR 1 due dates, causing delays. Taxpayers should adopt a monthwise return filing discipline for B2B invoices to avoid reporting past period invoices all at once. | ||
| 2023-05-04 | Advisory for Timely Filing of GST Returns - Part 1 | Taxpayers experienced difficulties filing GSTR-3B returns for March 23 on April 20, 2023, due to a last-minute rush. 20.05 lakh GSTR-3B returns were filed on the last day, causing a waiting queue in the GST system. 45% of returns filed on April 20 were either NIL returns or those where no tax was paid in cash. Taxpayers are advised to file NIL returns via SMS for a quicker and more convenient method. | ||
| 2023-04-28 | New facility to verify RFN mentioned on offline communications issued by State GST authorities - Part 2 | To verify a Reference Number mentioned on the offline communications sent by State GST officers that are being sent to you, navigate to Services > User Services > Verify RFN option and provide the RFN to be verified.
In case the RFN is of an offline communication generated by the State GST officer, the details with the valid RFN will be displayed. The limited details will be provided pre-login also for verification, while greater details will be provided when the taxpayer logs in and verifies RFN mentioned on an offline communication issued to him/her. | ||
| 2023-04-28 | New facility to verify RFN mentioned on offline communications issued by State GST authorities - Part 1 | In order to enable the taxpayers to ascertain that an offline communication (i.e. one which is not system- generated) was indeed sent by the State GST tax officer or not, a new facility for Reference Number (RFN) generation by State tax officer and verification by taxpayer has been provided. Under this feature, the State Tax office can generate a RFN for the physically generated correspondence sent to the taxpayer, which can be validated by the taxpayer (both pre- login and post-login). The facility to verify RFN of System-generated documents, once deployed, shall also be available in a seamless manner using the same link. | ||
| 2023-04-24 | Functionality for bank account validation is integrated with GST System | 1. Functionality for bank account validation is now integrated with the GST System. This feature is introduced to ensure that the bank accounts provided by the Tax Payer is correct.
2. The bank account validation status can be seen under the Dashboard - My Profile - Bank Account Status tab, in the FO portal. Tax Payers will also receive the bank account status detail on registered email and mobile number immediately after the validation is performed for his declared bank account. | ||
| 2023-04-13 | Updated Advisory - Time limit for Reporting all document types on the IRP Portal | 1) It has been decided by the Government to impose a time limit on reporting old
invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores. 2) To ensure timely compliance, taxpayers in this category will not be allowed to report invoices older than 7 days on the date of reporting. 3) This restriction will apply to the all document types for which IRN is to be generated. Thus, once issued, the credit/Debit note will also have to be reported within 7 days of issue. 4) It is proposed to be implemented from 01.05.2023 onwards. | ||
| 2023-04-12 | Time limit for Reporting Invoices on the IRP Portal | 1) It has been decided by the Government to impose a time limit on reporting old
invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores. 2) To ensure timely compliance, taxpayers in this category will not be allowed to report invoices older than 7 days on the date of reporting. 3) This restriction will only apply to the document type invoice, and there will be no time restriction on reporting debit/credit notes. 4) It is proposed to be implemented from 01.05.2023 onwards. | ||
| 2023-03-31 | Amnesty Scheme for Revocation of Cancellation of Registration | Notification No. 03/2023 - Central Tax dated 31.03.2023
Amnesty scheme has been provided for registered persons whose registrations have been cancelled on or before 31.12.2022 due to non-filing of returns. The registered persons may apply for revocation of cancellation of their registrations up to 30.06.2023 only after furnishing the returns due up to the effective date of cancellation of registration along with payment of all amount including Tax, Interest, Penalty and Late Fees. | ||
| 2023-03-31 | GSTR-4 Amnesty | Notification No. 02/2023 - Central Tax dated 31.03.2023
Late fees in case of FORM GSTR-4 for the periods from July-2017 till F.Y 2021-22 has been waived completely in case of NIL returns and reduced to Rs 500/- in other cases provided the said returns are filed between 01.04.2023 to 30.06.2023. | ||
| 2023-03-31 | Finance Act, 2023 notified | The Government of India has notified the Finance Act, 2023 (the Finance Act) on 31 March 2023 to give effect to the financial proposals of the Central Government for the financial year 2023-2024. | ||
| 2023-03-31 | TIME LIMITS FOR ISSUANCE OF ORDER U/S 73 of CGST ACT EXTENDED | Notification No. 09/2023 - Central Tax
TIME LIMITS FOR ISSUANCE OF ORDER U/S 73 of CGST ACT EXTENDED Year 2017-18 upto 31.12.2023 Year 2018-19 upto 31.03.2024 Year 2019-20 upto 30.06.2024 | ||
| 2023-03-31 | Reduction / Capping of Late Fees on Annual Returns | Reduction in Late Fee for Annual Return GSTR-9 from FY 2022-23 onwards. 1) IF AATO upto Rs. 5 Crores - Rs. 50 per day subject to max 0.04% of Turnover. 2) IF AATO above Rs. 5 Crores and upto Rs. 20 crores - Rs. 100 per day subject to max 0.04% of Turnover. 3) IF AATO above Rs. 20 Crores - Rs. 200 per day subject to max 0.5% of Turnover. Maximum Late fee for Annual Return GSTR-9 for FY 2017-18, 2018-19, 2019-20, 2020-21 or 2021-22 is Rs. 20,000 total (CGST + SGST) if it will be filed between 01/04/23 to 30/06/23. | ||
| 2023-03-31 | GSTR-10 Amnesty | Notification No.08/2023 Central Tax
If Final return in Form GSTR-10 was not filed within the due date then Maximum Late fee for Final Return GSTR 10 will be Rs.1,000 if filed between 01/04/23 to 30/06/23 | ||
| 2023-03-19 | GST NUMBER TO PROFESSIONALS WORKING FROM HOME | THE MINISTER OF STATE FOR FINANCE said in reply to UNSTARRED QUESTION No. 1488, 1) It is a fact that post COVID-19 pandemic, most of senior professionals and consultants have started their professional activities under the Work from Home (WFH) concept. 2) The Central Goods & Services Tax Act, 2017 does not restrict GST registration of Management consultants, Architects and other professionals operating from residential premises, due to covid-19 pandemic or otherwise. | ||
| 2023-03-07 | Transfer Cash Balance from one GSTIN to another GSTIN | One can now transfer Cash Balance from one GSTIN to another GSTIN having the same PAN by filing GST PMT-09. This will help to transfer unutilised cash balance in one state to another tax paying GSTN and thus improving cashflows for businesses. | NA | |
| 2023-02-27 | Declaration in Annexure-V to opt for payment under FCM by GTA | The option to file a declaration in Annexure-V to opt for payment under FCM by GTA has been enabled on the GST Portal.
15th March 2023 is the last date for submission of the declaration for FY 2023-24. | ||
| 2023-02-18 | Other 49th GST Council Meeting Updates | Union Finance Minister Nirmala Sitaraman chaired the 49th meeting of the GST Council today, at Vigyan Bhawan, New Delhi.
All GST Compensation Dues will be Cleared Today Itself. Nil GST Rate on Loose Rab, 5% on Packaged Rab. GST Rate on Pencil Sharpener reduced from 18% to 12%. GST Rate on Data Loggers reduced from 18% to Nil | ||
| 2023-02-18 | GST Amnesty - GSTR-4, GSTR-9 and GSTR-10 | It was stated in the GST Council Press Conference Live that GST Amnesty will be provided with respect to pending returns GSTR-4, GSTR-9 and GSTR-10. Details are awaited about which year it will be applicable to. Official Notification to be released soon. | ||
| 2023-02-18 | Rationalization of Late Fee for small dealers on GSTR-9 | GST Council Recommendations at 49th Meeting: From 2022-23 onwards
ATTO up to 5 Crore - Rs. 25 per Day ATTO >5 Cr up to 20Cr - Rs. 50 per Day Subject to Maximum of 0.02% of Turnover in both cases. | FY 2022-23 onwards | |
| 2023-02-17 | Introduction of Negative Values in Table 4 of GSTR-3B | Following changes have been made in the GST Portal applicable from tax period - January 2023' onwards. The impact of credit note & their amendments will now be auto-populated in Table 4(A) instead of Table 4(B) of GSTR- 3B. In case value of credit notes becomes higher than sum of invoices and debit notes put together, then net ITC would become negative and the taxpayers will be allowed to report negative values in Table-4A. Also, taxpayers can now enter negative values in Table 4D(2) of GSTR-3B. | January, 23 Onwards | |
| 2023-01-10 | Letter of Undertaking available for FY 23-24 on GST Portal | GSTN enabled functionality to furnish a Letter of Undertaking for FY 2023-2024 on GST Portal.
Letter of Undertaking is commonly known as LUT. The Letter of Undertaking (LUT) is prescribed to be furnished in form GST RFD 11 under rule 96A, whereby the exporter declares that he/she would fulfill all the requirements prescribed under GST while exporting (exports and supplies to SEZ) without making IGST payment. | ||
| 2023-01-02 | Procedure for GST Refund to unregistered buyer | Procedure for GST Refund to unregistered buyer in respect of under constructed flat/building booked but cancelled
1) Apply in online Form RFD-01 2) Apply within 2 yr from date of issuance of letter of cancellation 3) Documents as per Rule-89(2) 4) Maxi refund = Tax paid 5) Mini refund = 1k 6) Refund in proportion to value refunded by the developer Vide GST Circular-188/20/2022-GST 27.12.22 | ||
| 2022-12-30 | No GST is payable - rented in personal capacity for use as own residence | Vide N. No.15/2022 Central Tax (Rate) dated 30th Dec, 22, it is clarified that From 01/01/2023, No GST is payable where the residential dwelling is rented to a registered person if it is rented it in his/her personal capacity for use as his/her own residence and on his own account and not on account of his business. | ||
| 2022-12-27 | Circular prescribing manner of filing an application for refund by unregistered persons. | CBIC has prescibed manner of filing an application for refund by unregistered persons vide Circular No. 188/20/2022-GST dated 27th December, 22 Circular covers 1) Filing of refund application, 2) Relevant date for filing of refund, 3) Minimum refund amount amongst other things. | ||
| 2022-12-27 | Clarification regarding statutory dues under GST law for taxpayers covered in Insolvency and Bankruptcy Code | CBIC issued Clarification regarding the treatment of statutory dues under GST law in respect of the taxpayers for whom the proceedings have been finalised under Insolvency and Bankruptcy Code, 2016 vide Circular No. 187/19/2022-GST dated 27th December, 22. | ||
| 2022-12-27 | Clarification on various issue pertaining to GST | Representations have been received by CBIC from the field formations seeking clarification on certain issues with respect to - i. taxability of No Claim Bonus offered by Insurance companies; ii. applicability of e-invoicing w.r.t an entity. CBIC clarifies issues clarifications to ensure uniformity in the implementation of the provisions of law vide Circular No. 186/18/2022-GST dated 27th December, 22. | ||
| 2022-12-27 | Clarification with regard to applicability of section 75(2) of CGST Act, 2017 | CBIC issues Clarification with regard to applicability of provisions of section 75(2) of Central Goods and Services Tax Act, 2017 and its effect on limitation vide Circular No. 185/17/2022-GST dated 27th December, 2022. 75(2) provides details in case where Proper Officer shall determine the tax payable u/s 73(1). | ||
| 2022-12-27 | Clarification on the entitlement of input tax credit | CBIC issued Clarification on the entitlement of input tax credit where the place of supply is determined in terms of the proviso to 12(8) of Integrated Goods and Services Tax Act, 2017 vide Circular No. 184/16/2022-GST dated 27th December, 22. 12(8) provides the place of supply of services by way of transportation of goods, including by mail or courier, where location of the supplier as well as the recipient of services is in India. | ||
| 2022-12-27 | Clarification for difference in ITC in GSTR-3B and FORM GSTR-2A for FY 17-18 and 18-19 | CBIC has issued a Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19 through Circular No. 183/15/2022-GST dated 27th December, 22. These instructions will apply only to the ongoing proceedings in scrutiny, audit, investigation, etc. for FY 201718 and 201819 and not to the completed proceedings. | FY 17-18 and FY 18-19 | |
| 2022-12-26 | No proposal to reduce E-invoicing threshold limit to Rs 5 Crore | It is clarified by CBIC on Twitter that there is no proposal before Government, to reduce E-invoicing threshold limit to Rs 5 Crore with effect from 01.01.2023, as no such recommendation has been made by GST Council. E-invoicing was made mandatory for registered persons having aggregate turnover more than Rs. 10 crore in any preceding financial year from 2017-18 onwards (Refer Notification no. 17/2022-Central Tax dated 01.08.2022). | 01.01.2023 | |
| 2022-12-17 | KEY HIGHLIGHTS OF 48TH GST COUNCIL MEETING-4 | FORM GSTR-1 to be amended to provide for reporting of details of supplies made through ECOS, covered under section 52 and section 9(5) of CGST Act, 2017, by the supplier and reporting by the ECO in respect of supplies made under section 9(5) of CGST Act, 2017. | NA | |
| 2022-12-17 | KEY HIGHLIGHTS OF 48TH GST COUNCIL MEETING - 3 | Sub-rule (3) of rule 12 of CGST Rules, 2017 to be amended to provide for facility to the registered persons, who are required to collect tax at source u/s 52 or deduct tax at source u/s 51 of CGST Act, 2017, for cancellation of their registration on their request. Section 37, 39, 44 and 52 of CGST Act, 2017 to be amended to restrict filing of returns/ statements to a maximum period of three years from the due date of filing of the relevant return/statement. | NA | |
| 2022-12-17 | KEY HIGHLIGHTS OF 48TH GST COUNCIL MEETING - 2 | Rule 109C and FORM GST APL-01/03 W to be inserted in the CGST Rules, 2017 to provide the facility for withdrawal of an application of appeal up to certain specified stage. Circular to be issued for clarifying the issue of treatment of statutory dues under GST law in respect of the taxpayers for whom the proceedings have been finalised under IBC, 2016. Rule 161 of CGST Rules, 2017 and FORM GST DRC-25 also to be amended for facilitating the same. | NA | |
| 2022-12-17 | KEY HIGHLIGHTS OF 48TH GST COUNCIL MEETING - 1 | GST Council recommends to decriminalize certain offences u/s 132, increase in threshold of amount of tax for prosecution and reduction in amount of compounding in GST. No GST is payable where the residential dwelling is rented to a registered person if it is rented it in his/her personal capacity for use as his/her own residence and on his own account and not on account of his business. | NA | |
| 2022-11-10 | Guidelines for verifying the Transitional Credit | The Board vide Circular No. 182/14/2022-GST Dated the 10th November, 2022 has issued Guidelines for verifying the Transitional Credit in light of the order of the Hon'ble Supreme Court in the Union of India vs. Filco Trade Centre Pvt. Ltd., SLP(C) No. 32709- 32710/2018, order dated 22.07.2022 & 02.09.2022-reg. | ||
| 2022-11-10 | Clarification on Refund related issues | Representations were received from the trade and the field formations seeking clarification on various issues pertaining to the implementation of the notifications related to refunds on account of Inverted Duty Structure.
In order to clarify the issues and to ensure uniformity in the implementation of the provisions of law across the field formations, the Board, in exercise of its powers conferred by section 168 (1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as "GST Act"), issued Circular No. 181/13/2022-GST Dated the 10th November, 2022 | ||
| 2022-10-12 | Summary of Key Changes notified through NN 18/2022 - CT to NN 20/2022 - CT | Part 6/6 8. Consequences of not paying your vendor in time: You need to pay tax along with interest If you have availed ITC but didn't pay the supplier within 180 days from Invoice date 9. Two way communication and matching concepts are omitted: Form GSTR 2, GSTR 3, matching concept, two-way communication process in return filing etc. is now omitted. | ||
| 2022-10-12 | Summary of Key Changes notified through NN 18/2022 - CT to NN 20/2022 - CT | Part 5/6 6. Claiming Input Tax Credit on Self Assessment basis: Your self assessed ITC will be credited to the electronic credit ledger. The concept of Provisional ITC is now omitted. Further if your supplier didn't pay taxes to the Govt. then ITC shall be reversed along with Interest. 7. Refund: i. Refund application is to be filled if you want to claim a refund of excess balance in Elec. Cash Ledger ii. For supplies to SEZ Developer/Sez Units, refund is to be filled within 2 years from the due date of GSTR 3B iii. A specialised agency of the UNO, Consulate, Embassy etc. can claim a refund of tax on inward supply within 2 years from the last day of the quarter in which the supply was made. Cont.. | ||
| 2022-10-12 | Summary of Key Changes notified through NN 18/2022 - CT to NN 20/2022 - CT | Part 4/6 4. Changed in GSTR 1: It is now compulsory that the returns of outward supply must be filed in chronological order. Further Government can prescribe conditions/restrictions in filling of details of outward supply and subsequent communication to receipient. 5. Other Changes in GST Returns: i. QRMP dealers can pay taxes on a self assessment basis or in an alternate way that the government will prescribe later. ii. Restricts filling of GSTR 3B of current period if GSTR 1 of previous period is not filled. iii. Late fee for delay in filling of TCS Return is being introduced. Cont.. | ||
| 2022-10-12 | Summary of Key Changes notified through NN 18/2022 - CT to NN 20/2022 - CT | Part 3/6 3. Cancellation of Registration: Officers can suo moto cancel registration if i. A composite taxpayer didn't file return for a financial year beyond three months from the due date ii. A Regular Taxpayers didn't file return for such a continuous tax period as may be prescribed. Note: Rule 21 says that if monthly return filler does not file return for a continuous period of 6 months or if quarterly return filler does not file return for a continuous period of two tax periods then registration can be cancelled. Cont.. | ||
| 2022-10-12 | Summary of Key Changes notified through NN 18/2022 - CT to NN 20/2022 - CT | Part 2/6 2. Extension of Time Limit: For any particular financial year, the following can be done up to 30th November of the next financial year: i. Avail ITC for any invoice/debit note of a financial year ii. Issuance of credit notes for supplies made in a financial year iii. Rectification of errors in respect of GSTR 1, GSTR 3B and GSTR 8 Cont.. | ||
| 2022-10-12 | Summary of Key Changes notified through NN 18/2022 - CT to NN 20/2022 - CT | Part 1/6
1. New restrictions on the claim of Input Tax Credit: From 01st October 2022 Govt. can restrict your ITC if your vendor has: a) Defaulted in paying tax for such a period or Short paid taxes by a certain percentage b) Availed excess ITC by such limit or Utilized ITC to pay taxes in excess of the maximum allowable limit c) Taken registration within such period d) Other cases as may be prescribed The period, limit and percentage will be prescribed in due time. Thus you need to be extra caution to choose your vendor. Cont.. | ||
| 2022-09-28 | Extension of issuing CN, claiming ITC | Extension of issuing CN, claiming ITC and Amendment in GST
CBIC has notified clause 100 of the Finance Act 22 to be effective from 1st Oct, 2022, thereby extending the time limit for claiming ITC (including FY 21-22), issuing CN and amendments of return for previous year till 30th November. Notification No. 18/2022 - Central Tax dated 28th Sept, 2022 | FY 21-22 onwards | |
| 2022-07-05 | Mandatory Reporting of HSN Summary - GSTR 9 | From FY 2021-22 onwards, it is mandatory to report HSN Summary in GSTR 9 under table 17 for B2B supplies as below:
AATO above 5 Cr- 6 digit HSN AATO below 5 Cr- 4 digit HSN Notification No. 14/2022- Central Tax dated 5th July, 2022 | FY 21-22 | |
| 2022-09-12 | Important Update on e-Way Bill for Gold | E-Waybill for Gold has been provisioned in the e-Waybill system. As per the notification issued by their respective states, the taxpayers may generate e-Waybill for Gold (comprising items belonging to HSN Chapter 71 only) for intrastate and interstate transactions. | ||
| 2022-09-09 | Guidelines for filing / revising TRAN-1 / TRAN-2 | 1) Taxpayers may file/revise previously filed TRAN-1 / 2 from 01.10.2022 to 30.11.2022
2) No claim shall be filed for C-Forms, F-Forms and H/I-Forms issued after the original due date of filing TRAN-1 / 2 3) In case the credit availed through TRAN-1 / 2 has been rejected, the appropriate remedy in such cases would be to prefer an appeal or to pursue alternative remedies available as per law. (Circular 180/12/2022) | ||
| 2022-09-05 | Supreme Court allows 4 weeks extension to open common portal for Tran 1 & Tran 2 | Hon'ble Supreme Court while hearing an application from GSTN, has allowed extension of 4 weeks time to comply with their order dated 22/07/2022 issued in the matter of UOI & Anr. V/S Filco Trade Centre Pvt. Ltd. & Anr. bearing SLP (C) nos. 32709-32710/2018. Accordingly, GSTN would open the common portal for filing transitional credit through Tran 1 and Tran 2 w.e.f 01/10/2022. Message by Team GSTN | ||
| 2022-09-01 | Changes in Form GSTR-3B - Now live | Changes in table 4 of GSTR-3B related to the claim of ITC are now made live on the GST Portal by Goods and Service Tax Network(GSTN). | ||
| 2022-08-20 | Rule 86B under GST: Restriction on ITC Utilisation in Electronic Credit Ledger | As per GST Notification No. 94/2020 Dated 22 December, 2020,GST rule 86B has been introduced which has imposed 99% restricted on ITC available in electronic credit ledger of Registered Person. According to this Law 1% of Output liability to be paid in cash. This limitation is applicable where the value of taxable supply other than exempt supply and zero-rated supply, in a month exceeds fifty lakh rupees. | ||
| 2022-08-10 | Clarification on RCM on Renting of Residential unit | 1) Renting of residential unit taxable (under RCM) only when it is rented to it is business entity;
2) No GST when it is rented to private (unregistered) person for personal use; 3) No GST even if proprietor or partner of firm rents residence for personal use. | ||
| 2022-08-05 | GST Annual Filing Form 9 and 9C | GSTR 9 and GSTR 9C for the FY 2021/22 are available on the GST Portal for filing.
Due Date to File GSTR 9 and GSTR 9C is 31st Dec, 2022. | ||
| 2022-08-02 | Single click Nil filing of GSTR-1 | GSTN has issued an Advisory dated August 02, 2022 on Single click Nil filing of GSTR-1. Eligibility to file NIL GSTR-1: a. No Outward Supplies (including supplies on which tax is to be charged on reverse charge basis, zero rated supplies and deemed exports) during the month or quarter for which the form is being filed for, or b. No Amendments to be made to any of the supplies declared in an earlier form, c. No Credit or Debit Notes to be declared / amended, d. No details of advances received for services is to be declared or adjusted | ||
| 2022-10-01 | E invoicing for Turnover exceeding Rs 10 crore | Vide Notification No. 17/2022 dated 1 Aug, 22 - Central Tax, From 1st October 2022, CBIC on the recommendations of the council, seeks to implement e invoicing for the taxpayers having aggregate turnover exceeding Rs 10 crore. | ||
| 2022-07-21 | GSTN Implements Mandatory mentioning of HSN codes in GSTR-1 | The Goods and Services Tax Network (GSTN) has updated its system to implement mandatory mentioning of HSN codes in GSTR-1. Vide Notification No. 78/2020, Central Tax dated 15th October 2020, it is mandatory for the taxpayers to report minimum 4 digits or 6 digits of HSN Code in Table-12 of GSTR-1 on the basis of their Aggregate Annual Turnover (AATO) in the preceding Financial Year. In order to facilitate the taxpayers, these changes are being implemented in a phase-wise manner on GST Portal. | ||
| 2022-07-18 | GST on Packaged and Labelled Products - Part 2 | Cont from part 1.. The condition to be met for a goods to be treated as pre-packaged, it should be packed without the purchaser be present. As per Rule 3 of The Legal Metrology (Packaged Commodities) Rules, 2011, the said rules will not be applicable to the following: (a) Packages of commodities containing quantity of more than 25 kg or 25 litre excluding cement and fertilizer sold in bags up to 50 kg; and (b) Packaged commodities meant for industrial consumers or institutional consumers. | ||
| 2022-07-22 | GST on Packaged and Labelled Products - Part 1 | The specified products that are pre-packaged and labelled shall be liable to GST w.e.f. 18.07.2022.
The expression 'pre-packaged and labelled' means a 'pre-packaged commodity' as defined in clauses (l) of section 2 of the Legal Metrology Act, 2009 (1 of 2010) where, the package in which the commodity is pre-packed or a label securely affixed thereto is required to bear the declarations under the provisions of the Legal Metrology Act, 2009 (1 of 2010) and the rules made thereunder. Cont.. | ||
| 2022-07-18 | Implementation of Recommendation of 47th GST Council Meeting - GTA | Option provided to the Goods Transport Agency (GTA) to pay GST either @ 5% (without ITC) or @ 12% (with ITC) under forward charge w.e.f. 18.07.2022
1) Option to pay GST @ 12% (with ITC) or 5% (without ITC), under forward charge during a FY to be exercised on or before 16.08.2022 for the FY 2022-23 2) Option to pay GST @ 12% (with ITC) or 5% (without ITC), under forward charge during a FY to be exercised on or before 15th March of the preceding FY for FY 2023-24 onwards | ||
| 2022-07-18 | Tour Operator service: updates effective from 18th July, 2022 | Services provided by Indian tour operator to a foreign resident for a tour partially in India and partially outside India, will be exempt to the extent of services performed outside India. | ||
| 2022-07-18 | Room by clinical establishment / hospital: Update effective from 18th July, 2022. | Supply of services by way of providing room by clinical establishment / hospital (other than ICU / CCU / ICCU / NICU) shall be taxable where charges on such room exceeds Rs. 5,000 per day per patient at the rate of 5% without any ITC. | ||
| 2022-07-18 | Renting of Residential Dwelling: GST updates effective from 18th July, 2022 | 1.1 Exemption on 'Renting of residential dwelling' has been withdrawn w.e.f
18th July 2022 where the said service is provided to a registered person. Accordingly, it shall be taxable under GST at the rate of 18%. 1.2 Simultaneously, the onus of paying GST on the said service has been shifted on the recipient of the service under reverse charge mechanism. 1.3 It must be noted that in case of residential premises given on rent to unregistered persons, the GST exemption shall continue. | ||
| 2022-06-30 | Recommendations for changes in GST rates by 47th GST Council Meeting | The GST Council's 47 meeting was held in Chandigarh on 28 and 29 June, 2022, under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council has inter-alia made the recommendations relating to changes in GST rates on supply of various goods and services. | ||
| 2022-07-07 | Mandatory furnishing of correct and proper information of inter-State supplies | Circular No. 170/02/2022-GST dated 6th Jul, 22 regarding Mandatory furnishing of correct and proper information of inter-State supplies and amount of ineligible/blocked Input Tax Credit and reversal thereof in return in FORM GSTR-3B and statement in FORM GSTR-1. | ||
| 2022-07-06 | Clarification on various issues relating to applicability of demand and penalty provisions | Circular No. 171/03/2022-GST dated 6th Jul, 2022 issued which gives Clarification on various issues relating to applicability of demand and penalty provisions under the Central Goods and Services Tax Act, 2017 in respect of transactions involving fake invoices. | ||
| 2022-07-07 | Rule 46(s) - Declaration regarding E-invoice | As per new clause (s) of Rule 46, every taxpayer having ATTO> 20 crores in any preceding financial year from 2017-18 onwards and issuing an invoice OTHER THAN E-INVOICE shall declare in invoice that E-Invoicing is not required. | ||
| 2022-07-06 | Time barred refund under GST under Section 54. | Period from 01.03.2020 to 28.02.2022 excluded from computation of time period for filing refund under GST under Section 54. This came into effect from retrospective date, 01 March 2020. This will practically have effect where refunds for the month February 2018 onwards is filed between 01.03.2020 to 28.02.2022 which were earlier held as time barred will now be considered to be within time limit. | 01.03.2020 to 28.02.2022 | |
| 2022-07-05 | Amended Section 50(3) - Interest on ITC Availed | Amended Section 50(3) notified w.e.f. 05 July 2022 which provides that Interest will be levied only when ITC is availed and utilized as well. Interest will not be levied when ITC is only availed and not utilized by an assessee. Rule 88B also inserted to provide for manner of computation of Interest. | ||
| 2022-06-30 | Revised Rates Recommended by GST Council Effective from 18 Jul | GST council revised the GST rates on some goods, services. The revised rate recommended by the 47th GST Council will be made effective from 18th July, 2022. | ||
| 2022-06-30 | Show Return Filing Frequency | GST UPDATE: "Show Return Filing Frequency" option enabled by GSTN.
Now it will be easy to check whether particular GST Taxpayer is in QRMP or Non-QRMP. This Frequency can be checked for current as well as previous financial year. | ||
| 2022-06-29 | GST Council Recommendation on Form GSTR-9/9A | GST Council has made following recommendation - Exemption from filing annual return in FORM GSTR-9/9A for FY 2021-22 to taxpayers having AATO upto Rs 2 crores. | FY 2021-22 | |
| 2022-06-28 | 47th GST Council Meeting held on 28th June 2022 in Chandigarh (2/2) | Continuted from (1/2)... 4) Council agrees to extend due date of filing of FORM GST CMP-08 for composition taxpayers for Q1 of FY23 from 18 July to 30 July. 5) Council agrees to amend Rules to ease procedure for filing of Refund claim w.r.t export of electricity. | ||
| 2022-06-28 | 47th GST Council Meeting held on 28th June 2022 in Chandigarh (1/2) | 1) Council decides to waive requirement for filing refund claims by condoning the 2 yr COVID period between 1st March 2020 till 28 Feb 2022.
2) Council decides to permit tax authorities to file appeals against erroneous refunds by not considering the 2 year period. 3) Council decides to extend timeline for filing GSTR 4 for FY22 without late fees by composition dealers likely to be extended to 28th July; earlier deadline was 30th June. | ||
| 2022-06-16 | GST Portal Update: Double Invoice | An advisory is being issued by GSTIN Portal that GSTR-2B of April & May 22 is reflecting same invoice. So, taxpayers are advised not to avail double ITC. Solution will be implemented soon. | Apr and May, 22 | |
| 2022-06-07 | Improvements made in filing process of GSTR-4 (Annual) - New Functionality (1/2) | Taxpayers who opt for Composition Levy are required to file an annual return in Form GSTR-4 from FY 2019-20 onwards.
Several taxpayers were earlier filing GSTR-4 without filling up the required details in Table-6 of the said form with the result that the amount paid through Form CMP-08s became excess tax paid and got credited to Negative Liability Statement. | ||
| 2022-06-07 | Improvements made in filing process of GSTR-4 (Annual) - New Functionality (2/2) | To prevent taxpayers from making this mistake, they are now shown a warning message, Table 4A to 4D and Table 6 outward supplies are required to be filled by taxpayer".
A reconciliation statement is also shown if difference occurs in table 5 and 6. In addition, for taxpayer who have already filed Form GSTR-4 wrongly for the FY2019-20 and/ or FY2020-21, a code was deployed to update the Ledger Tables for correcting the negative liability, in the backend. | ||
| 2022-06-07 | Bank Account Validation of Taxpayers - New Functionality | To establish correctness of the bank account and to verify whether it matches with the PAN of the business, validation of the bank account details provided at the time of GST Registration/Creation of Temp ID by the taxpayers is being done with CBDT database. The status based on validation result is displayed to the registered taxpayers and Temp ID holders on their dashboard. Taxpayers and Temp ID holders can verify their Bank account status in their profile by clicking on the Bank Account Status link under Quick Links. | ||
| 2022-05-26 | Late fee on FORM GSTR-4 waived - FY 2021-22 | Late fee payable for delay in furnishing of FORM GSTR-4 for the FY 2021-22 shall stand waived for the period from the 1st day of May, 2022 till the 30th day of June, 2022 - Notification no 07/2022 - Central Tax | FY 21-22 | |
| 2022-05-19 | GST Council recommendations are not binding on Centre and states | The Goods and Services Tax (GST) Council's recommendations are not binding on the Centre and the states and those have only 'persuasive value', the Supreme Court ruled in a landmark judgment on Thursday while striking down the integrated GST (IGST) levy in an ocean freight case. | ||
| 2022-05-17 | GSTR 3B, PMT-06 Due Dates Extended | For April 2022 GSTR 3B Due Date Extended to 24/05/22 (refer notification No. 05/2022-Central Tax dated 17.05.2022). and For QRMP Taxpayers, GST Payment (PMT-06) Due Date Extended to 27/05/22. (refer notification No. 06/2022-Central Tax dated 17.05.2022) Also the old advisory to claim as per GSTR - 2A has been removed by GSTN. | Apr, 22 | |
| 2022-05-16 | New Madhya Pradesh E-way Bill news | |||
| 2022-04-15 | New Madhya Pradesh E-way Bill Rule | |||
| 2022-05-15 | Incomplete GSTR-2B in some cases - regarding. | 1. It has been noticed that in a few cases, certain records are not reflected in the GSTR-2B statement for the period of April 2022. However, such records are visible in GSTR-2A of such recipients. 2. The technical team is working to resolve this issue for the impacted taxpayers and generate fresh GSTR-2B at the earliest. 3. In the interim, affected taxpayers interested in filing GSTR-3B are requested to file the return on self-assessment basis using GSTR-2A. From Team GSTN | Apr, 22 | |
| 2022-03-04 | Now Taxpayers can check eligibility of E-Invoice on Portal | The taxpayer can check his eligibility for e-Invoicing by following the below mentioned process: 1. Go at Search 2. Click on e-Invoice Status of Taxpayer 3. Mention your GST Number 4. Enter Captcha code | ||
| 2022-04-01 | E-invoicing Mandatory | CBIC has made the e-invoicing system mandatory for taxpayers with a turnover higher than Rs.20 crore from 1st April 2022. | Apr 22 onwards | |
| 2022-01-15 | Limitation extension order passed by Supreme Court due to Covid-19 is also applicable to GST refund applications: HC | Limitation extension order passed by Supreme Court due to Covid-19 is also applicable to GST refund applications: HC | ||
| 2021-12-09 | Allahabad HC imposes Penalty on GST Dept for Harassment for Copy of Electricity Bill for GST Registration | The court ruled in favour of the petitioner and imposed a penalty of Rs. 15,000 on the GST department /-, which shall be deposited before the High Court State Legal Services Committee, Allahabad within a period of 20 days . | ||
| 2022-01-08 | ICAI request to reinstate GST Audit | The Institute of Chartered Accountants of India Pre-Budget Memorandum, 2022 - GST. The amendment node in sections 35-5 and 44 of the CGST Act, 2017 vide the Finance Act, 2021 be withdrawn and requirement of getting annual accounts audited and reconciliation statement certified by a Chartered Accountant be reinstated in GST law. | ||
| 2022-01-08 | Upcoming functionality - Interest Calculator in GSTR-3B | As a facilitation measure for taxpayers and for assisting the taxpayers in doing a correct selfassessment, a new functionality of interest calculator is being released in GSTR3B. This functionality will arrive at the system computed interest on the basis of the tax liability values declared by the taxpayers. The interest appliable, if any, on the tax liability declared in the GSTR3B of a particular tax-period will be computed after the filing of the said GSTR3B. | FY 2021-22 | |
| 2022-01-01 | Mandatory Aadhaar authentication for registered person | In the said rule, it is mandatory for the registered person to undergo Aadhaar authentication for the below purposes, 1. Filing of application for revocation of cancellation of registration in FORM GST REG-21 under Rule 23 of CGST Rules, 2017 2. Filing of refund application in FORM RFD-01 under Rule 89 of CGST Rules, 2017 3. Refund of the IGST paid on goods exported out of India under Rule 96 of CGST Rules, 2017. | Notification No. 38/2021-CT dated 21.12.2021 has notified January 1, 2022 as the implementation date for Rule 10B of CGST Rules, 2017. | |
| 2022-01-01 | Section 162aa | Claim GST ITC only as per Form GSTR 2B | FY 2022 onwards | link1 |
