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CAG recommends CBIC to ensure verification of the high risk claims of Tran 1 and initiating remedial measures for the compliance deviations

by gstworld.co.inPosted on9th August 20229th August 2022

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We can claim Input Tax Credit (ITC) on the products which are shifted from exempted to taxable and are in stock as on 18.07.2022

by gstworld.co.inPosted on8th August 20228th August 2022

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GST payments can also be made through 2 newly added Banks Kotak Mahindra Bank & Karur Vysya Bank

by gstworld.co.inPosted on5th August 20225th August 2022

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GST Annual Return: GSTR-9 and GSTR-9C are Available on the portal for filing

by gstworld.co.inPosted on5th August 20225th August 2022

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Exemption continues on Renting of rooms in religious precincts by a charitable or religious trust, where amount charged for the room is less than Rs. 1000/- per day

by gstworld.co.inPosted on5th August 20225th August 2022

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Central government permits the manufacturers or packers or importers of pre-packaged commodities to declare the revised retail sale price (MRP) on the unsold stock

by gstworld.co.inPosted on4th August 20224th August 2022

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GST on Restaurant Services through ECO & Reporting in GSTR-3B

by gstworld.co.inPosted on4th August 20224th August 2022

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CBIC issues clarification regarding GST rates & classification (goods) based on the recommendations of 47th GST Council meeting

by gstworld.co.inPosted on4th August 20224th August 2022

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GST applicability on liquidated damages, compensation and penalty arising out of breach of contract or other provisions of law

by gstworld.co.inPosted on4th August 20224th August 2022

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CBIC issues clarifications regarding applicable GST rates & exemptions on certain services

by gstworld.co.inPosted on4th August 20224th August 2022

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