Introduction Applying for a GST registration in India has often been a frustrating experience for many genuine applicants. Frequent and arbitrary queries by officers, unpredictable document demands, and delays in approval have all contributed to inefficiencies in the process. The Central Board of Indirect Taxes and Customs (CBIC), through Instruction No. 03/2025-GST dated 17th April 2025, has now taken concrete steps to address these concerns and streamline the process. In this blog, we break down the common issues faced by GST applicants and explain in detail the revised procedure and…

On January 23, 2025, the Central Board of Indirect Taxes and Customs (CBIC) issued a notification (No. 08/2025 – Central Tax) announcing a significant relief for GST taxpayers regarding late fees for filing annual returns.Key Highlights of the Notification:Late Fee Waiver for Certain Financial YearsThe government has waived the late fee charged for filing the annual return (Form GSTR-9) and the reconciliation statement (Form GSTR-9C) under Section 44 of the CGST Act. This waiver applies to the financial years:2017-182018-192019-202020-212021-222022-23Conditions for the WaiverTaxpayers must file the pending reconciliation statement in Form…

Circular No. 238/32/2024-GST No. CBIC-20001/6/2024-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing **** New Delhi, dated the 15th October, 2024 To, The Pr. Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All) The Principal Directors General / Directors General (All) Madam/Sir, Subject: Clarification of various doubts related to Section 128A of the CGST Act, 2017. Based on the recommendations of the GST Council made in its 53rd meeting, Section 128A has been inserted…

Central Board of Indirect Tax and Customs (CBIC) vide Notification No 03/2023 dated 31/03/2023 provides Amnesty Scheme for GST Registered Person whose Registration got Canceled on or before 31/12/2022 due to non filing of GST Returns.As per normal provision under GST once the Registration Number got canceled, one can file a Revocation Request within 30 days from the date of order of cancellation. Further 30 + 30 days can be extended for such application if sufficient cause is shown and accepted. Once the above time is over, the only option…

As per the latest recommendation by GST council and notification by CBIC, GST department has given much needed relief for the small Taxpayers and all taxpayers in general by reducing and waiving late fees for some of the important filings which are missed by many Filers.The amnesty scheme is active and valid between 01/04/2023 to 30/06/2023. Following are the few benefits for the taxpayers. Has Your GST Been Canceled and You Missed Filing Your Final Return? Amnesty scheme for Filing Final Return under GST Registration in Form GSTR 10 by…

TCS on GST For E-commerce Operators : Applicability and Rates Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are very similar concepts, however TCS has several important distinctions. Tax Deducted at Source (TDS) refers to the amount of tax withheld from a payment made by a contract's recipient. On October 1, 2018, with a few exceptions, all online merchants will be required to collect TCS. In this piece, we'll break down how TCS relates to GST.Take, as an illustration: When a vendor sells its wares or provides…

GST Council has provided a major relief from suspension of gst registration to the GST taxpayers in this week by introducing on the GST portal a new facility to drop the proceedings for suspensions of GST registration on the GST portal and revoke the suspension of GST registration.A tweet by the GST Tech (@Infosys_GSTN) stated that now taxpayers can initiate by themselves a Drop the GST Registration cancellation proceedings on the GST Portal by one single click.The functionality of a Drop the GST Registration cancellation proceedings on the GST Portal is…

Buyers of under-construction homes in India, such as flats, apartments, and bungalows, are subject to a Goods and Services Tax (GST) at the rate of 1% for affordable housing and 5% for non-affordable housing. When investing in real estate, the GST is also due on the purchase of buildable land. GST on Flat Purchase In 2022, the Goods and Services Tax (GST) will be charged to those who purchase condos or apartments in India from a developer during the development phase. It is important to remember that if you are…

What is the Reverse Charge Mechanism (RCM)? What exactly does the GST Reverse Charge Mechanism (RCM) entail? The Reverse Charge Mechanism (RCM) is a procedure that allows the recipient to pay the GST rather than the provider. In this instance, the beneficiary, instead of the provider, is responsible for paying the tax The Reverse Charge Mechanism is applicable in the following situations: Imports Purchase from an unregistered dealer Supply of notified goods and services The situation is now inverted since the person getting the products and services must pay the…