Rule 14A simplifies GST registration for low-risk B2B suppliers (tax liability ≤ ₹2.5 lakh/month). Get 3-day auto-approval via Aadhaar authentication; mandatory withdrawal using REG-32 if limit ...

GST audits commenced earlier this year and are being seen by the tax authority as an effective tool for ensuring the quality of the tax returns filed but it also does not want any overreach by ...

The Central Board of Indirect Taxes and Customs has published the GST Audit Manual which provides the list of documents required to conduct audit, timelines for audit and other standard formats. The ...

Goods and Services Tax (GST) Departmental Audit is the process of examining a taxable person’s records, returns, and other documentation compliance with the GST regulations, said M.R.R. Reddy, ...

India's new GST 2.0 reform allows low-risk small businesses to get GST registration in just 3 working days. Simplified, ...

The fate of the Indian online skill-gaming industry is likely to be decided at the upcoming 50th GST Council meeting on July 11. In a move that is expected to help businesses as well as reduce ...

The government may extend the last date of filing Goods and Services Tax (GST) annual return and audit report for the financial year 2019. The high-powered GST Council may take this decision soon, ...

The CBIC has asked GST officers conducting audit to refer to the board those cases where they face issues of conflicting interpretation of provisions of the tax law. In an instruction to field offices ...

Insurance companies may soon face goods and services tax (GST) audits as tax authorities plan a “deep dive” into their business practices to check for the possibility of a raft of tax-linked ...

Small Goods & Services Tax (GST) assessees will not have tax officials paying them a visit for the first audit of annual indirect tax return. According to the Audit Plan for 2019-20, prepared by the ...