Advisory on the functionalities available on the p....

Filing of Online Declaration in Annexure V and Annexure VI for the existing GTA Taxpayers: As per the Notification No. 06/2023-Central Tax (Rate), dated 26.07.2023, the option by GTA to pay GST on Forward Charge mechanism or the Reverse Charge mechanism respectively on the services supplied by them during a Financial Year shall be exercised by making a declaration in Annexure V or Annexure VI from the 1st January of the current Financial Year till 31st March of the

Update on Enablement Status for Taxpayers for e-In....

As per Notification No. 10/2023 - Central Tax dated 10th May 2023, the threshold for e-Invoicing for B2B transactions has been lowered from Rs 10 crores to Rs 5 crores. This change will be applicable from 1st August 2023. To this effect GSTN has enabled all eligible taxpayers with an AATO Rs 5 crores and above as per GSTN records in any preceding financial year for e-Invoicing. These taxpayers are now enabled on all

Deferment of Implementation of Time Limit on Repor....

GSTIN Advisory Dated: 06-May-2023 It was decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores. To ensure timely compliance, taxpayers in this category was not be allowed to report invoices older than 7 days on the date of reporting. Now, it is to inform the taxpayers that it has been decided by the competent authority to defer the imposition of ti