Category: GST

Threshold turnover of e-invoice reduced

With the recent amendment made vide Notification No. 01/2022 – Central Tax dated 24-02-2022, more taxpayers will come under the ambit of compulsory issuance of e-invoice, as the threshold …

Last date to claim Input Tax Credit!!

As per the provision of section 16 of GST law, the last date to claim ITC of GST pertaining to Tax Invoices or Debit Notes related to FY 2020-21 …

Export related clarification

IN order to facilitate and promote export of Goods and Services from India and make it hassle free, CBIC has issued three nos. of clarification circulars dt. 20.09.2021 to …

Important recommendations of 45th GST Council meeting

Important recommendations of 45th GST Council meeting The 45th GST Council meeting was held on 17.09.2021 at Lucknow under the chairmanship of the Union Finance & Corporate Affairs Minister …

Blocking of GSTR-1 returns

GST Rules was amended vide. Notification 01/2021–CT dt. 01.01.2021 to insert sub-rule (6) to Rule 59 of CGST Rules. As per this rule, a registered person filing monthly returns …