The GST Point
رفتن به کانال در Telegram
One Stop Solution for GST You may send your queries to @gstpoint_admin To receive important updates in whatsapp: Send "Add Me" in whatsapp 7003372767
نمایش بیشترکشور مشخص نشده استدسته بندی مشخص نشده است
5 401
مشترکین
اطلاعاتی وجود ندارد24 ساعت
اطلاعاتی وجود ندارد7 روز
اطلاعاتی وجود ندارد30 روز
آرشیو پست ها
5 401
Clarification on taxability of share capital held in subsidiary company by the parent company
5 401
Clarification on availability of ITC in respect of warranty replacement of parts and repair services during warranty period
5 401
Clarification on TCS liability under Sec 52 of the CGST Act, 2017 in case of multiple E-commerce Operators in one transaction
5 401
Clarification to deal with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for the period 01.04.2019 to 31.12.2021
5 401
Clarification on charging of interest under section 50(3) of the CGST Act, 2017, in cases of wrong availment of IGST credit and reversal thereof.
5 401
Council recommended to extend the amnesty schemes notified vide notifications dated 31.03.2023 regarding non-filers of FORM GSTR-4, FORM GSTR-9 & FORM GSTR-10 returns, revocation of cancellation of registration and deemed withdrawal of assessment orders issued under Section 62 of CGST Act, 2017, till 31.08.2023.
5 401
The GST Council has recommended that the relaxations provided in FY 2021-22 in respect of various tables of FORM GSTR-9 and FORM GSTR-9C be continued for FY 2022-23. Further, for easing compliance burden on smaller taxpayers, exemption from filing of annual return (in FORM GSTR-9/9A) for taxpayers having aggregate annual turnover upto two crore rupees, to be continued for FY 2022-23 also.
5 401
Return Compliance in Form DRC-01B (Intimation of difference in liability reported in statement of outward supplies and that reported in return
5 401
📌 E-Invoice Verifier App by GSTN
📄 E-Invoice Verifier App developed by GSTN, has been introduced for verifying e-Invoices and other related details.
Key Features and Benefits:
i. Scan QR code of e-invoice to authenticate values
ii. User-Friendly Interface
iii. Supports verification of e-Invoices reported across all IRPs
iv. The app operates on a non-login basis, meaning no need to create an account to access its functionalities.
How to download the e-Invoice Verifier App:
Visit the Google Play Store and search for "E-Invoice QR Code Verifier." to download the app. (iOS version is awaited)
Source: https://www.gst.gov.in/newsandupdates/read/588
5 401
+1Now you can search/verify the IRN for any Invoice, Credit Note or Debit Note by using the "Search IRN" functionality.
Direct link to access this functionality: https://einvoice.gst.gov.in/einvoice/search-irn
5 401
📌 E-invoicing limit reduced to 5 crores from existing limit of 10 crores:
📑 From 01 August 2023, e-invoicing will be mandatory for businesses with an annual aggregate turnover of Rs. 5 crores or more. Currently the limit is 10 Crores which is being reduced to 5 crores.
5 401
📌 Two important Update for Goods Transport Agency:
📑 1. Goods Transport Agency can opt for payment of Tax under forward charge for the FY 2023-24 till 31 May 2023
2. A GTA who commences new business or crosses threshold for registration during any Financial Year, may pay GST under Forward Charge by making a declaration in Annexure V before the expiry of 45 days from the date of applying for GST registration or 1 month from the date of obtaining registration whichever is later.”.
5 401
The imposition of time limit of 7 days on reporting old e-invoices on the e-invoice IRP portals for taxpayers with aggregate turnover greater than or equal to 100 crores has been deferred for three months
Source: https://www.gst.gov.in/newsandupdates/read/582
5 401
📌 Advisory on Bank Account Validation
📄 GSTN is pleased to inform you that the functionality for bank account validation is now integrated with the GST System. This feature is introduced to ensure that the bank accounts provided by the Tax Payer is correct. The bank account validation status can be seen under the Dashboard→My Profile→Bank Account Status tab in the FO portal. Tax Payers will also receive the bank account status detail on registered email and mobile number immediately after the validation is performed for his declared bank account.
Source: GSTN Advisory
