CBIC clarifications on Implementation of new time limits for availing Input Tax Credit
CBIC has issued clarifications on Implementation of amendments to CGST Act, 2017 that provided new time limits for availing Input Tax Credit (ITC) under certain circumstances. The clarifications were provided in the form of FAQs.
CBIC relief to taxpayers facing demands for short payments or non-payments
CBIC has announced relief to taxpayers facing demands for short payments or non-payments, as long as they comply with the prescribed conditions, including full payment of the tax demanded by March 31, 2025, or within six months of redetermination by the proper officer in certain cases.
Telangana Government Updates GST Rules for Aadhaar Authentication
The new amendment introduces important changes to the process of Aadhaar authentication for applicants.
New Enforcement Dates for Certain Provisions of Puducherry Goods and Service Tax (Amendment) Act 2024
Department of Commercial Taxes, Puducherry Administration, announced important enforcement dates for certain provisions of the Puducherry Goods and Service Tax (Amendment) Act 2024.
Amendment to Retail Excise Tax in Andhra Pradesh
Government of Andhra Pradesh announced an important amendment regarding the Additional Retail Excise Tax (ARET) on various alcoholic beverages
Announcement Of Enforcement Dates for the Manipur Goods and Services Tax (Amendment) Act 2024
The Government of Manipur appointed certain dates for the enforcement of the provisions of the sections of the Manipur Goods and Services Tax (Amendment) Act 2024.
Ministry of Finance Announces New Interest Rate for Special Deposit Scheme
Effective from October 1, 2024, until December 31, 2024, deposits made under the SDS will earn an interest rate of 7.1% (seven-point one percent).
Goa’s New GST Initiative: Appellate Tribunal to Ensure Fair Pricing
the Government of Goa has issued a notification that empowers the Principal Bench of the Appellate Tribunal to scrutinize the relationship between input tax credits and pricing of goods and services.
West Bengal Issues Clarification on Input Tax Credit for Demo Vehicles
This circular clarifies critical issues surrounding the GST treatment of demo vehicles, their use in business operations, and the implications for authorized dealers.
West Bengal Issues Latest Trade Circular on Advertising Services to Foreign Clients
The clarifications in respect of advertising services provided to foreign clients. This clarification is especially relevant for businesses navigating the complexities of the Goods and Services Tax (GST) framework.
