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
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:
In the ever-evolving world of taxation and logistics, the E-Way Bill stands as an essential tool for facilitating smooth transportation and preventing tax evasion. Introduced under the Goods and Services Tax (GST) framework in India, the E-Way Bill system helps track the movement of goods across state and national borders. In this blog, we’ll
Blocking of EWB generation facility Blocking/unblocking of EWB generation facility has been implemented on EWB Portal from 2nd December, 2019. Meaning of blocking: The blocking of E Way Bill generation facility means disabling taxpayer from generating E Way Bill (EWB), in case of non-filing of 2 or more consecutive GSTR 3B Return on GST Portal. Example: Taxpayers who
HSN Code of Item Description of Goods GST RATE Compensation Cess 202 All goods [other than fresh or chilled], and put up in unit container and,- 5 203 (a) bearing a registered brand name; or 204 (b) bearing a brand name on which an actionable claim or enforceable right in a court of law is
1.TDS A) PROVISIONS APPLY ON FOLLOWINGS PERSONS:- Following people are responsible for deducting tax-: (a) a department or establishment of the Central or State Government, or (b) local authority, or (c) governmental agencies, or (d) such persons or category of persons as may be notified, by the Central or a State Government on the recommendations
GET GST REGISTRATION WITHIN 24-48 HRS In Case of Sole Proprietorship / Individual A) Documents Required for Individual:- 1) PAN card and Identity Proof of the Individual 2) Copy of cancelled cheque or bank statement 3) Declaration to comply with the provisions B) Registered Office Documents 1) Copy of electricity bill/landline bill, water bill 2)