Articles

The spillover effect happens when transactions from the previous financial year are reported in the current financial year by mistake

GST Annual Return 2024-25: Understanding Spillover Adjustment

Here's a breakdown of who must file GSTR-9 and GSTR-9C based on aggregate annual turnover.

Annual GST Compliance: Applicability of GSTR-9 and GSTR-9C

News

GSTN has issued Rule 37A notices directing taxpayers to reverse ITC for FY 2024-25 where suppliers uploaded invoices but failed to file GSTR-3B.

GSTN Flags ITC Mismatch: Rule 37A Triggers Major ITC Reversal Drive for FY 2024-25

Sai Life Sciences receives an IGST demand order and plans to seek rectification, expecting no major financial impact on the company.

Sai Life Sciences Faces IGST Demand of Rs. 70.15 Lakh, Plans Rectification With No Major Financial Impact

Judgement

Taxpayers must note that if their Welcome Kit is undelivered due to an incorrect address or any other reason, it will be returned to the proper officer, and their GSTIN may be suspended

GST Registration New Update: Receiving GST Welcome Kit Now Mandatory

Reliance Industries will challenge a Rs 57.07 crore GST penalty issued over alleged misclassification of time-charter services.

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GST Annual Return 2024-25: Understanding Spillover Adjustment

Annual GST Compliance: Applicability of GSTR-9 and GSTR-9C

GSTN Flags ITC Mismatch: Rule 37A Triggers Major ITC Reversal Drive for FY 2024-25

Sai Life Sciences Faces IGST Demand of Rs. 70.15 Lakh, Plans Rectification With No Major Financial Impact

GST Registration New Update: Receiving GST Welcome Kit Now Mandatory

GST Authorities Impose Rs 57.07 Crore Penalty on Reliance for Alleged Misclassification of Services