Grievance Redressal Mechanism by CBIC for GST registration The Central Board of Indirect Taxes and Customs has issued Instruction No. 04/2025-GST, aimed at assisting individuals who face challenges during the GST registration process. These guidelines seek to ensure greater transparency, consistency, and ease in addressing applicant concerns. Central Board of Indirect Taxes and Customs Instruction …
CBIC’s Revised Instructions Issued on Streamlining GST Registration & Reducing Harassment: CBIC’Instruction No. 03/2025-GST : here is quick summary and practical interpretation of the CBIC Instruction No. 03/2025-GST, issued on 17 April 2025, In this CBIC’s Revised Instructions Key Issues Addressed : Taxpayers have been harassed for irrelevant or excessive documents Officers were raising presumptive …
Mandatory shift to Input Service Distributor mechanism for common input services from April 1, 2025 This mandatory shift to the Input Service Distributor mechanism for common input services from April 1, 2025, will have significant compliance and operational impacts. Key Changes Under the Finance Act, 2024 & Notification 16/2024 No More Cross Charge for Common …
GST Registration Process Updates via GSTN advisory : Rule 8 This update strengthens GST registration procedures by integrating Aadhaar authentication and biometric verification, enhancing security and minimizing fraudulent registrations. Risk-Based Physical Verification may lead to increased scrutiny of high-risk applicants. It may Stronger Compliance Measures reduce fake registrations, benefiting tax authorities. It is also Potential …
Second Special All-India Campaign to identify & cancel fake or bogus GST registrations The CBIC along with state tax authorities, has launched the Second Special All-India Campaign to identify and cancel fake or bogus Goods and Services Tax registrations. This initiative aims to ensure a fair and compliant trade environment, reducing tax evasion and promoting …
Complete Overview on Goods and Services Form GSTR-10 Question: What is Goods and Services Form GSTR-10? Ans: When a Goods and Services Registration is cancelled or surrendered, a GST taxable person is required to file a final return on GST Form GSTR-10. Goods and Services Form GSTR-10 is a statement of stocks held by such …
What is a Virtual Office? Businesses can get a physical address and office-related services from a virtual office without having to employ staff or sign a lease for a long period of time. Working from anywhere but still having access to a mailing address, phone answering services, conference rooms, and videoconferencing is possible with a …
All India Special Drive on Goods and Services Tax It is a special drive designed only for the named person, or to put the GST officers on mission mode for a month while they fulfil their tasks. Any action taken by any officer based on the information demanded must fall under its purview and must …
GST Registration under GST LAW GST Registration is getting suspended due to non-compliance – GST Important Provision As per the notification, GST registered individuals would be unable to pay more than 99% of their production tax obligations from the funds in their electronic credit ledger as of Jan 1st, 2021. In other words, as per …
Frequently Asked Questions on GST E-Way Bills Q.: What exactly are e-Way Bills? e-Way Bills are invoice supporting documents that are generated based on invoices. It includes invoice information, item information, and transporter information. E-Way Bills are required documents to be carried by transporters of goods worth Rs. 50,000 and/or more when transporting such goods …