At present, a high GST rate of around 18% on life and health insurance premiums makes plans too costly, which leads to many ...

2. The above declaration shall have to be filed separately for each ”.

Stakeholders also seek a lowering of import duty on medical equipment and policies that encourage R&D in advanced ...

Under the GST Amnesty Scheme 2024, taxpayers are provided with a waiver of interest and penalty for demand notices, statements, or orders issued under Section 73 of the CGST Act for tax periods ...

In a new advisory dated January 14, 2025 GSTN said certain taxpayers are are advised to submit their request for withdrawal ...

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later Fill out this form if you are an individual or a personal trust and want to make certain exempt sales ...

The government on Friday announced an extension of the deadline for filing Goods and Services Tax (GST) returns in the forms GSTR-3B and GSTR-1 for December 2024 and the October-December quarter of ...

Earlier on Friday, the GST portal was reportedly down for several hours. The Goods and Services Tax Network (GSTN) took to microblogging site X (formerly Twitter) to acknowledge the issue.

extended the deadline for filing monthly GST sales return form GSTR-1 and GST payment by two days after taxpayers reported technical glitches in the GST Network (GSTN) system. The deadline ...

According to the Central Goods and Services Tax Rules, 2017, any registered person exporting goods without payment of integrated tax must mandatorily furnish a bond or a Letter of Undertaking (LUT) in ...

From 1st July 2017, the procedure for importing goods into India is set to change with the implementation of GST. The new GST Bill of Supply requires the GSTIN of the importer for levying IGST, GST ...

Pani Puri vendors in India are receiving GST notices as their digital transactions exceed Rs 40 lakh. The humor-infused reaction on social media highlights the impact of digital payments on small ...