GST
Explore the world of Goods and Services Tax (GST) with our comprehensive guide. Learn about GST rates, compliance, benefits, and its impact on businesses and consumers. Stay informed about the latest GST updates and ensure you're making the most of this taxation system.
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Created on: 05/17/2025
Attention GST Filers: Understanding GSTN's May 2025 Advisory on GSTR-3B Table 3.2
This post explains the GSTN advisory from May 2025 regarding Table 3.2 of GSTR-3B. It covers the table's purpose (reporting inter-state supplies to unregistered persons, composition taxpayers, and UIN holders), the previous plan for auto-population and making the table non-editable, the recent deferral of this change due to taxpayer feedback, and highlights the continued importance of accurate GSTR-1 filing despite Table 3.2 currently remaining editable. It serves as a guide for GST filers on this specific clarification.
Created on: 05/15/2025
GST Appeal Withdrawal Waiver Scheme: Key Advisory Details for Taxpayers
This blog post provides a detailed analysis of the recent GST Advisory concerning the Appeal Withdrawal Waiver Scheme. It explains the scheme's purpose, highlights the significance of the advisory, outlines the expected key points including eligibility and procedure, details the implications of withdrawal, and offers actionable steps for taxpayers considering this option to resolve pending GST disputes.
Created on: 05/12/2025
GST Refund Process for Deemed Export Buyers: An In-Depth Look with GSTN Updates
This blog post provides an in-depth guide on navigating GST refunds for recipients of deemed exports, drawing insights from recent GSTN advisories. It covers the definition of deemed exports, the importance of GSTN guidance, the step-by-step refund filing process, essential documentation, common challenges, and how to stay updated.
Created on: 05/12/2025
Invoice-wise Reporting Feature in Form GSTR-7: An In-Depth Analysis
This blog post provides a detailed analysis of the newly introduced invoice-wise reporting feature in Form GSTR-7 under GST. It explains the changes, benefits for both deductors and deductees, the current implementation status, and how businesses can prepare for this significant update in TDS reporting.
Created on: 05/05/2025
GST Registration Headaches? CBIC Unveils New Email Grievance Fix!
This blog post details the new email-based grievance redressal mechanism introduced by CBIC via Instruction No. 04/2025-GST (May 2, 2025). It addresses challenges like delays and improper queries during GST registration under Central Jurisdiction. Learn how to file grievances using dedicated Zonal email IDs, the required information (ARN, Jurisdiction, Issue details), handling of state cases, and the accountability via monthly reporting to DGGST.
Created on: 04/28/2025
CBIC Officially Notifies GST Appellate Tribunal (Procedure) Rules, 2025
The CBIC has notified the GST Appellate Tribunal (Procedure) Rules, 2025, effective April 24, 2025. These rules establish a detailed framework for the GSTAT, emphasizing mandatory e-filing via a dedicated portal, allowing hybrid hearings, and setting clear timelines. Key features aim to streamline GST dispute resolution, ensuring transparency, efficiency, and faster processing of appeals, thereby reducing the burden on High Courts and boosting taxpayer confidence.
Created on: 04/22/2025
Official Clarification: UPI Transactions Above 2,000 Remain GST-Free
The Indian government affirms there is no GST on UPI transactions exceeding 2,000. This post clarifies that the confusion arose from NPCI's March 2023 introduction of interchange fees (up to 1.1%) specifically for merchant payments over ₹2,000 made via PPI wallets; this fee is not GST and isn't paid by customers. Standard bank-to-bank UPI remains free due to the MDR waiver. The government actively supports UPI growth through incentive schemes.
Created on: 04/19/2025
What's New in GST Registration? Breakdown of the April 2025 CBIC Circular
This blog post details the updated GST registration guidelines issued by the CBIC on April 17, 2025. It explains the challenges faced by businesses, outlines the typical solutions introduced (like risk-based approaches, standardized procedures, and clearer rules for verification), discusses the anticipated benefits such as faster processing and reduced compliance burden, and advises businesses on navigating the new regulations effectively. The goal is to clarify how these changes aim to simplify the process and reduce harassment, thereby improving the ease of doing business in India.
Created on: 04/10/2025
Updated 18% GST Regulation for Hotel Dining (Room Tariff Exceeding 7,500): Comprehensive Guide for 2025
An in-depth examination of the new 18% GST regulation for restaurant services within hotels where room rates surpass 7,500 per day, set to take effect in April 2025. This includes an overview of classification guidelines, effects on consumers, implications for the industry, and the reasoning behind the government's decision.
Created on: 04/07/2025
Important Update: IRN Generation to Become Case-Insensitive from June 1, 2025
The GSTN requires that starting June 1, 2025, IRN generation for invoices be case-insensitive, which will involve converting all invoice numbers to uppercase to avoid duplication. Companies need to adjust their systems accordingly to ensure easier compliance with this new requirement.
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Created on: 04/01/2025
GST Policy Updates (March 25–31, 2025): E-way Bill Tweaks & Compliance Changes
Dive into the most recent GST developments (from March 25th to March 31st, 2025), highlighting the increase in E-way Bill thresholds in Chhattisgarh, the CBIC’s reinforced compliance regulations, and the significant topics set for discussion at the GST Council meeting in April 2025. Ensure compliance with guidance from experts!
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Created on: 03/28/2025
CGST Act 2017 Update: What’s New in Section 128A and Its Impact?
The CBIC's Notification 11/2025 brings significant modifications to Section 128A of the CGST Act, easing tax procedures for enterprises encountering extraordinary situations. This examination addresses the broader applicability, streamlined processes, and compliance implications.