GST Portal Activates LUT Filing for FY 2025-26: Ensure Seamless Exports Without IGST! The Goods and Services Tax (GST) Portal has now activated the functionality for filing the Letter of Undertaking (LUT) for the Financial Year 2025-26. Exporters and suppliers to Special Economic Zones (SEZs) must take note of this crucial update to ensure uninterrupted […]
GST Portal Activates LUT Filing for FY 2025-26 Read More »
The Central Board of Indirect Taxes and Customs (CBIC) has recently announced a significant relief for taxpayers by waiving the late fee for filing Form GSTR-9 and GSTR-9C for the financial years 2017-18 to 2022-23. This move aims to ease compliance burdens and encourage timely filing of annual returns and reconciliation statements. What are Form
CBIC Waives Late Fee for GSTR-9 and GSTR-9C for FY 2017-18 to 2022-23 Read More »
(As per NN 04-2025 Dated 16-01-2025) Selling old and used vehicles in India involves various tax implications under the Goods and Services Tax (GST) regime. The tax treatment depends on factors such as the period of ownership, Input Tax Credit (ITC) claims, and valuation methods. This blog simplifies the GST and CESS implications for
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The Supreme Court of India has recently taken a strong stance against the failure of the Goods and Services Tax (GST) Department to address the issue of fake invoicing, which has adversely affected genuine purchasers. The Apex Court recognized the issuance of fictitious GST invoices as a recurring problem that impairs businesses that have made
