New GST rates took effect on September 22, 2025, necessitating software updates for registered taxpayers. A step-by-step ...
CBIC is working on a monetary limit for GST demand notices to avoid flimsy grounds. GST return process to be simpler and ...
Currently, the threshold for departmental appeals before Appellate Authority is ₹ 20 lakh, ₹ 1 crore for the GST Appellate ...
Invoice management is the process of tracking and paying invoices—learn how to streamline it, reduce errors, and save time in ...
Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...
The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit notes to specific invoices. This change addresses a long-standing pain ...
GSTN has announced major changes to the Invoice Management System (IMS) effective October 2025. Key updates include pending ...
The CBIC is working on a mechanism to set a monetary limit for issuing GST demand notices to ensure that notices are not ...
One of the many changes, new and revised fees have been announced for bank lockers, debit cards, ATM withdrawals, salary ...
We will ensure some sort of mentoring by senior officers so that notices are not issued on flimsy grounds,” Priya said ...
High GST on temporary staffing is stifling formal employment, draining business liquidity, and risking a shift to informal ...
The CBIC is developing a monetary limit for GST demand notices to prevent the issuance of notices on unsubstantial grounds, aiming for fairer adjudication and reduced compliance burdens. The ...