Income Tax | GST | Accounting
Income Tax | GST | Accounting
GSTN: The Goods and Service Tax Network (GSTN) has issued advisory on Mera Bill Mera Adhikar Scheme. Every day some new changes are made by government to make things easier for businesses and avoid fraud in the same line government introduced the Mera Bill Mera Adhikar Scheme. Dear Consumers /users, 1. As per the direction […]
SYNOPSIS: GSTN introduces new facility – New facility to verify document Reference Number (RFN) mentioned on offline communications issued by State GST authorities GSTN Introduces new facility: The GST portal (“System”) generates various documents, such as notices/ orders, etc which are communicated to the taxpayer. Most such documents have a system-generated unique identifier DIN (Document […]
GSTIN Advisory: The Goods and Service Tax Network (GSTN) has issued an advisory on the option for payment of tax under the forward charge mechanism by the goods transport agency (GTA). This GSTIN advisory was issued in compliance with Notification No. 03/2022-Central Tax (Rate), dated 13th July, 2022, an option is being provided on the […]
New Functionalities in GST: The Goods and Service Tax Network has issued a list of new functionalities made available for Taxpayers on the GST Portal (December 2022). The new functionalities include topics like drop proceedings, recompute interest, validation duplicate checks and others. Registration Form/Functionalities: Automation of Drop Proceedings for taxpayers suspended upon issuance of SCN […]
Highlights of 48th GST Council Meeting: The 48th GST Council meeting was chaired by Union Finance Minister Smt. Nirmala Sitharaman via virtual mode in New Delhi.
