14 Oct 24

Text of the Circular has been mentioned below

CBIC Issues Clarification on GST Rates and Classification of Goods Following 54th GST Council Meeting

13 Oct 24

Regularizing payment of GST on services of film distributors or sub-distributors who act on a principal basis to acquire and distribute films

Regularizing payment of GST on certain support services provided by an electricity transmission or distribution utility

CBIC Issues Clarifications on GST Applicability for Specific Services

Advisory for Taxpayers: New GST Provision for Metal Scrap Transactions

12 Oct 24

CBIC Introduces New Key Changes to GST Registration Regarding Suspension and Cancellation

GST ITC Reconciliation in GSTR 9 Should be Done Using GSTR 2B, Not GSTR 2A

CBIC Revises Penal Provisions in Form GST INS-01 to Align with the Bharatiya Nyaya Sanhita, 2023

11 Oct 24

CBIC Updates Penal Provisions in Form GST INS-01 in Line with Bharatiya Nyaya Sanhita, 2023

Union Minister Pankaj Chaudhary Inaugurates GST Bhawan in Delhi, Highlights Simplified Tax Compliance Initiatives

Delhi HC: GST Exemption on Foreign Reinsurance for Govt Insurance Schemes Applies Retrospectively from July 1, 2017

Delhi ITAT Quashes Reassessment, Rules Section 147 Cannot Be Invoked for Mere Change of Opinion

10 Oct 24

RBI Keeps Repo Rate Unchanged at 6.50%, Shifts Stance to Neutral Amid Inflation Concerns

CBIC Introduces Rule 47A to CGST Rules: New 30-Day Time Limit for Issuing Tax Invoices Under RCM

CBIC Notifies Reduction in Pre-Deposit Requirement for GST Appeals Effective 1st Nov 2024

Central Tax Notification No. 22/2024 to Rectification on Incorrect GST ITC U/S 16

J&K HC Voids Deficiency Memo; GST Refund Limitation Commences From Original Application Date, Not Follow-Up

09 Oct 24

CBDT Forms Committee to Modernize Income Tax Laws and Reduce Compliance

GSTN Introduces New Payment Methods on GST Portal, Adds Two New Banks for Payments

CBIC Waives Late Fees for TDS Filers u/s 51 of CGST Act on Delayed GSTR-7 Filings Since June 2021

CBIC Notifies GST Exemptions for Vocational Education and Power Utility Services - Effective October 2024

CBDT Extends Form 10B/10BB Filing Deadline to 10th November 2024

08 Oct 24

TN AAR: 28% GST Applies to Plastic Rope Handles, Vent Plugs, and Split Tops and Bottoms

Delhi ITAT Cancels Tax Notice U/S 148 Due to Mechanical Approval by the PCIT for Reassessment

ICAI issues Corrigendum to 75th Annual Accounts following Typographical Error

Income Tax Refund Delays: FM Nirmala Sitharaman calls on Income Tax Dept on ‘X’ for Resolution of Complaint

07 Oct 24

Non-Payment of dues for 3 Months not Valid Ground u/s 29 of CGST Act: Delhi HC quashes GST Registration Cancellation [Read Order]

CBIC extends CVD on Copper Wire Rod Imports from Indonesia, Malaysia, Vietnam, and Thailand to 7th July 2025

FM Nirmala Sitharaman Urges IT Department to Address Tax Refund Delay Complaint

06 Oct 24

GST Instruction No. 04/2024 on Mapping/De-Mapping of Officers on the GSTN Portal

Ministerial Committee May Reduce GST on Medicines, Insurance, and Tractors to 5% by Next Month

Chhattisgarh HC: Unexplained Deposits in Bank Accounts Will Be Considered Income U/S 68 and 69A

01 Oct 24

GSTN Explains Legality of Notices and Orders From Tax Officials That Do Not Include Digital Signatures

How is CBDT Monitoring High-value Credit Card Spending

Centre May Launch Mechanism to Address Fake GST ITC Claims by the End of Nov

30 Sep 24

Bengaluru Court Orders FIR Against FM Nirmala Sitharaman Over Electoral Bonds Allegations

Income Tax Department Announces Special Drive to Address Taxpayers` Grievances in October

Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Odisha

Restoration of GST Returns data on Portal

29 Sep 24

ICICI Prudential Life Insurance Receives Rs 361.23 Crore Income Tax Order for AY 2022-23

CBDT Extends Deadline for Filing Audit Reports for FY 2023-24 to 7th October 2024

GSTN Explains Legality of Notices and Orders From Tax Officials That Do Not Include Digital Signatures

Patna HC: 3-Year Limitation Period Commences from Actual GST Annual Return Filing Date, Not the Extended Due Date

28 Sep 24

SC Asks CBDT to Fix Income Tax Software Problems to Avoid Harassment of Assessee

Supreme Court Dismisses 573 Direct Tax Cases Due to Revised Monetary Limits

GoM Recommends Higher GST Rates on Textiles and Apparel, and Lower Rates for Educational Materials

27 Sep 24

MCA Amends Companies (Accounts) Rules for Separate Filing of CSR-2 Form

Traders Must Save GST Return Data Older Than September 2017 Before 01st Oct

55th GST Council Meeting Focuses on Insurance Premiums; GoM Defers Rate Rationalization

GSTN Issues Advisory on Issuance of Notices/Orders without Digital Signatures of the Issuing Authorities