GST News
CBIC Issues Guidelines on GST Appeals for Interest & Penalty Waiver Under Section 128A
10 February 2025 at 08:49The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 02/2025-GST, clarifying the procedure for handling departmental appeals related solely to interest and penalties under Section 128A
GSTN Rolls Out Biometric Aadhaar Authentication for GST Registration in Maharashtra & Lakshadweep
08 February 2025 at 13:54Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Maharashtra and LakshadweepDear Taxpayers,This is to inform taxpayers about recent developments concerning the application process for GS
GSTN Introduces State-Specific Information Tab in Rajasthan's GST Registration Process
08 February 2025 at 08:52In a significant update to the Goods and Services Tax (GST) registration process, the GST Network (GSTN) has introduced a new "State-Specific Information" tab in the GST REG-01 application for new registrations in Rajasthan.
CBIC to Launch Online Customs Refund System in a Month to Streamline Trade
07 February 2025 at 09:02The Central Board of Indirect Taxes and Customs (CBIC) is set to introduce an online system for customs refunds within the next month, marking a significant step toward full digitization of customs processes in India.
GSTN Clarifies E-Way Bill Rules for Precious Metals & Stones Under Chapter 71
07 February 2025 at 08:59Clarification on E-Way Bill Requirement for Goods under Chapter 71
Central GST Commissionerate Uncovers Rs 658.55 Crore Fake Invoice Racket
07 February 2025 at 08:47In a significant crackdown on GST fraud, the Central GST Itanagar Commissionerate has exposed a massive fake invoice racket involving Rs 658.55 crore in fraudulent transactions without any actual supply of goods.
GST Council Close to Finalizing Fewer, Lower Tax Rates: FM Sitharaman
06 February 2025 at 08:45In a significant development for India's taxation landscape, Finance Minister Nirmala Sitharaman announced on Tuesday that the GST Council is close to finalizing its decision on rationalizing GST rates.
GST Collections Surge 12.3% in January 2025 Driven by Strong Domestic Growth
03 February 2025 at 06:52GST collections for January 2025 soared to ₹1.96 lakh crore, marking a robust 12.3% year-on-year increase from ₹1.74 lakh crore in January 2024.
No 18% GST on Penal Charges, Confirms Finance Ministry
31 January 2025 at 09:16In a major relief for borrowers and financial institutions, the Ministry of Finance has clarified that penal charges imposed by banks and NBFCs for non-compliance with loan terms will not attract 18% GST.
CBIC Clarifies Late Fee Applicability for GSTR-9C Filing
31 January 2025 at 09:15CBIC has issued Circular No. 246/03/2025-GST on January 30, 2025, providing clarity on the applicability of late fees for delays in filing the reconciliation statement in FORM GSTR-9C
Popular News
- Rajasthan HC to Hear Tax Audit Deadline Extension Plea on 28th September
- Tax Audit Deadline 2026: Professional Bodies Seek Extension to 31st October
- AIMTPA Seeks Tax Audit & ITR Due Date Extension for AY 2026-27
- MTPA Seeks Tax Audit Deadline Extension: TAR by 31st Oct, ITR by 30th Nov 2026
- BJP Pali District President Seeks Tax Audit Due Date Extension for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
