GST Rule Change 2025: CBIC Makes Changes In Refund Rules; New Rules Applicable From...
In a circular issued on 27 May 2025, the CBIC said that these rules may be called the Central Goods and Services Tax (Second Amendment) Rules, 2025 and shall come into force on the date of their publication in the Official Gazette.
May 27, 2025, 12:06 PM IST
BIG GST Update: Govt Announces Late Fee Waiver For GSTR-9C Filing Delays
CBIC has announces late fee waiver for GSTR-9C filing delays for the financial years 2017-18 or 2018-19 or 2019-20 or 2020-21 or 202122 or 2022-23.
Jan 24, 2025, 17:08 PM IST
GST Rule 2025: Amendment Notified By CBIC Regarding Temporary Identification Number –All You Want To Know
GST Rule 2025: The Central Board of Indirect Taxes and Customs has notified an amendment to GST rules to issue TIN to entities that are not required to register under the GST Act but need to make payments under some specific provision.
Jan 24, 2025, 14:12 PM IST
New GST Rule Kicks In From Today, Indian Companies Should Know THIS New Threshold
Starting on today, companies with a B2B transactional value of over Rs 5 crore will be required to produce an electronic or e-invoice. For all B2B transactions, companies must currently generate an electronic invoice if their annual revenue is Rs. 10 crore or more.
Aug 01, 2023, 07:25 AM IST
GST Rules Changing From Tomorrow, Lakhs Of Companies In India To Be Impacted
Starting on August 1, companies with a B2B transactional value of over Rs 5 crore will be required to produce an electronic or e-invoice. For all B2B transactions, companies must currently generate an electronic invoice if their annual revenue is Rs. 10 crore or more.
Jul 31, 2023, 08:08 AM IST
GST Rules Changing From August 1, To Impact Lakhs Of Companies In India --Know What Is Changing
For major businesses with a revenue of more than Rs 500 crore, e-invoicing was initially adopted in 2020.
Jul 24, 2023, 16:28 PM IST
GST Rules Changing From August 1, To Impact Lakhs Of Companies In India
New GST Rules: The Finance Ministry has issued a circular announcing reduction in threshold limit for GST E-invoicing.
May 12, 2023, 10:31 AM IST
New GST rule 2022 notified by govt, to benefit lakhs of companies in India
With the amendments notified by the Central Board of Indirect Taxes and Customs (CBIC), businesses have also been allowed to make tax payments on the GSTN portal by using IMPS and UPI payment modes.
Jul 06, 2022, 15:03 PM IST
GST paying companies alert! Changes in monthly GST payment form GSTR-3B? GST Council to decide next week
The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability.
Jun 24, 2022, 13:28 PM IST
Centre waives late fee till June for delayed filing of GST returns under composition scheme
The Central government has waived late fees for two months till June for delayed filing of GST returns for financial year 2021-22 by small taxpayers registered under the composition scheme.
May 26, 2022, 22:30 PM IST
GST filing deadline shifted to May – Companies, taxpayers must read THESE points
GST Filing deadline has been extended due to technical glitch in the GST system, for which Infosys was awarded a Rs 1,380 crore.
May 18, 2022, 13:03 PM IST
GST rules changing from today, April 1 --Lakhs of companies in India to be impacted
As per the new rules, companies with turnover of more than Rs 20 crore will have to generate B2B e-invoices.
Apr 01, 2022, 17:05 PM IST
GST rules changing from April 1, to impact lakhs of companies in India
Companies with turnover of more than Rs 20 crore will have to generate B2B e-invoices.
Mar 29, 2022, 13:06 PM IST
File GST returns by Sunday, or else…: CBIC reminds taxpayers about deadline
The department also reminded the taxpayers that they will have to pay an additional late fee and interest for missing the deadline.
Mar 19, 2022, 22:04 PM IST
CBIC abolishes licence renewal requirement for customs brokers, authorised carriers
The CBIC has amended the Customs Brokers Licensing Regulations, 2018 and Sea Cargo Manifest and Transhipment Regulations, 2018, to state that all such existing licenses/registration would have a lifetime validity.
Jul 24, 2021, 23:36 PM IST
Govt waives late fee for delayed filing of March, April GSTR-3B, tax payment
Taxpayers with a turnover of over Rs 5 crore have been given 15 days extra time to file monthly summary return GSTR-3B and pay taxes without paying any late fees. They would be required to pay a lower 9 percent for these 15 days, after which the rate would be 18 percent.
May 02, 2021, 12:47 PM IST
CBIC defers printing of QR code on B2C invoices till July 1
CBIC had then waived the amount of penalty payable by a registered person for non-compliance with provisions of dynamic QR code in the period till March 31, 2021. Lastly, now the date has been deferred till June 30, 2021.
Apr 02, 2021, 23:23 PM IST
Now e-invoice will be compulsory for business with over Rs 50 crore turnover from April 1
E-invoicing will be extended to companies with turnover over Rs 50 crore from April 1, the Central Board of Indirect Taxes and Customs (CBIC) said in a notification. Under e-invoicing, taxpayers have to generate invoices on their internal systems (ERP/accounting/billing software) and then report them online to the Invoice Registration Portal (IRP).
Mar 09, 2021, 22:37 PM IST
GST annual return filing deadline for FY19 extended till October 31
In May, the government had extended thel ast date for filing annual GST return for 2018-19 by three months till September 2020.
Sep 30, 2020, 15:24 PM IST
CBIC enables end to end paperless exports under turant customs
Turant Customs, which has as its main component Faceless Assessment, would be implemented in phases across the entire country by 1st January 2021.
Jun 23, 2020, 16:55 PM IST