GST Collections Rise 6.1% to Rs 1.75 Lakh Crore in December 2025!
🚨GST Alert CBIC Has issued important advisory for Specified Premises 1. What’s the update?: – Specified Premises – Hotel Accommodation (FY 2026-27) GSTN has enabled online filing of Opt-In Declarations for declaring hotel premises as “Specified Premises” 📅 Advisory dated 4 Jan 2026 📜 As per Notification 05/2025 – CT (Rate) 2.
Simplify Your Finances with GST2ITR – Expert GST, ITR & Company Registration Services
Simplify Your Finances with GST2ITR – Expert GST, ITR & Company Registration Services IntroductionManaging taxes and business compliance in India can be complex—but it doesn’t have to be. At GST2ITR, we provide expert financial services including GST filing, Income Tax Return (ITR) filing, and company registration to help individuals, startups, and businesses stay compliant and
GST Updates Till August 2025: Key Changes, Compliance, and Future Outlook
The Goods and Services Tax (GST) regime in India continues to evolve rapidly with significant changes that impact taxpayers, businesses, and professionals alike. As we enter August 2025, here’s a comprehensive round-up of the most important GST developments you must know.
Advisory on Introduction of Form ENR-03 for Enrolment of Unregistered Dealers/Persons in e-Way Bill Portal for generating e-way Bill.
A new feature has been introduced in the E-Way Bill (EWB) system to facilitate the enrolment of unregistered dealers supplying goods, with effect from 11.02.2025. In accordance with Notification No. 12/2024 dated 10th July 2024, Form ENR-03 has been introduced for the enrolment of unregistered dealers. 2.Unregistered dealers engaged in the movement or transportation of goods can now generate
A Comprehensive Guide to GST: Latest Updates and Key Developments
The Goods and Services Tax (GST) has been a transformative step in India’s taxation system. Ever since its implementation in 2017, GST has drastically simplified the indirect tax structure by merging multiple taxes into a single system. However, as with any significant reform, the GST system continues to evolve with periodic updates and revisions. In
Important Upcoming Financial and Tax Deadlines for 2025
As we approach the first quarter of the year, it’s essential for businesses to stay on top of crucial financial and tax-related deadlines. Below is a list of key upcoming events and dates that every company should be aware of to ensure compliance and avoid any penalties. 1. GST Filing Deadlines: GST Return (GSTR-1) Filing:
Revised List of HSN Codes -22-01-2025
HSN_CD HSN_Description 01 LIVE ANIMALS 0101 LIVE HORSES, ASSES, MULES AND HINNIES. 01011010 LIVE HORSES, ASSES, MULES AND HINNIES PURE-BRED BREEDING ANIMALS HORSES 01011020 LIVE HORSES, ASSES, MULESANDHINNIES PURE-BRED BREEDING ANIMALS ASSES 01011090 LIVE HORSES, ASSES, MULES AND HINNIES PURE-BRED BREEDING ANIMAL S OTHER 010121 PURE-BRED BREEDING ANIMALS 01012100 PURE-BRED BREEDING ANIMALS 010129 other 01012910
Advisory on Updates to E-Way Bill and E-Invoice Systems
GSTN is pleased to announce that NIC will be rolling out updated versions of the E-Way Bill and E-Invoice Systems effective from 1st January 2025. These updates are aimed at enhancing the security of the portals, in line with best practices and government guidelines. 2. Multi-Factor Authentication (MFA): One of the key changes involves the implementation
Advisory on mandatory Sequential Filing of GSTR-7 Returns as per Notification No. 17/2024
Multiple tickets have been received regarding sequential filing of return in Form GSTR-7. Taxpayers are referencing FAQs for the same, wherein “it is not mandatory” is mentioned. To clarify, It is to inform that following changes have been introduced in the return filing process for GSTR-7 with effect from 01.11.2024 onwards. Sequential Filing of GSTR-7: