25 Aug 2023 05:56 PM
New

Government Launches ‘Mera Bill Mera Adhikaar’ Invoice Incentive Scheme

Source: https://taxguru.in/goods-and-service-tax/mera-bill-mera-adhikaar-invoice-incentive-scheme.html

Introduction: The Government of India, in collaboration with State Governments, is introducing the ‘Mera Bill Mera Adhikaar’ Invoice Incentive Scheme from September 1st, 2023. This initiative aims to cultivate a culture where customers proactively demand invoices for all purchases they make.

25 Aug 2023 05:59 PM
New

GSTN Issued Advisory for Mera Bill Mera Adhikaar Scheme

Source: https://taxguru.in/goods-and-service-tax/gstn-issued-advisory-mera-bill-mera-adhikaar-scheme.html

The Goods and Services Tax (GST) framework has seen continuous refinements since its inception, aimed at simplifying processes for taxpayers and ensuring a transparent system. The latest addition is the “Mera Bill Mera Adhikaar” scheme, an initiative to empower consumers and make the billing process more transparent.

24 Aug 2023 05:39 PM
New

The promise of our goods and services tax is unfulfilled

Source: https://www.livemint.com/opinion/online-views/the-promise-of-our-goods-and-services-tax-is-unfulfilled-11692808838331.html

The goods and services tax (GST) was a major reform that took years to implement. It is now six years old. The great promise of GST is tax collection buoyancy, thanks to inbuilt incentives of compliance, and less scope of leakage.

24 Aug 2023 05:43 PM

Monitoring IGST ITC Reversal: GSTR 3B SOP Guide

Source: https://taxguru.in/goods-and-service-tax/igst-itc-reversal-gstr-3b-sop-guide.html

Introduction to the Standard Operating Procedure (SOP) on Monitoring Ineligible IGST Input Tax Credit Reversal by Taxpayers in Return Form GSTR 3B

23 Aug 2023 05:30 PM

No doubt that India will be world’s growth engine: PM Narendra Modi at BRICS Summit

Source: https://www.livemint.com/news/india/no-doubt-that-india-will-be-world-s-growth-engine-modi-at-brics-summit-11692757457268.html

PM Narendra Modi touts India's economic growth at BRICS Business Forum in South Africa, highlighting reforms and achievements.

23 Aug 2023 05:47 PM

You can be a crorepati with Narendra Modi government's this incentive scheme. Details here

Source: https://www.livemint.com/news/india/you-can-be-a-crorepati-with-narendra-modi-governments-this-incentive-scheme-details-here-11692763268150.html

Narendra Modi's 'Mera Bill Mera Adhikar' scheme offers cash prizes from ₹10,000 to ₹1 crore for uploading GST invoices. Launching on September 1 in six states and Union Territories

23 Aug 2023 05:52 PM

CBI Nabs CGST Superintendent in Bribery Case

Source: https://taxguru.in/goods-and-service-tax/cbi-nabs-cgst-superintendent-bribery-case.html

The Central Bureau of Investigation (CBI) has detained a Superintendent from the CGST, Bhiwandi Commissionerate, Mumbai on charges of bribery. The arrest was made following the officer’s alleged acceptance of a bribe from a complainant. This incident sheds light on the prevalent issue of corruption within certain sectors of the bureaucracy and the rigorous actions taken by the CBI to curb such practices.

21 Aug 2023 05:23 PM

New GST incentive scheme will encourage consumers to demand bills

Source: https://www.livemint.com/news/india/new-gst-incentive-scheme-will-encourage-consumers-to-demand-bills-11692529592634.html

The finance ministry said the scheme will offer citizens the chance to win ₹1 crore, ₹10 lakh or ₹10,000 in a lucky draw.

21 Aug 2023 05:37 PM

SC to Decide on GST Implications of Immovable Property: Next Hearing on August 23

Source: https://taxguru.in/goods-and-service-tax/supreme-court-decide-gst-implications-immovable-property-hearing-august-23.html

Commissioner of Central Goods And Service Tax & Ors Vs Safari Retreats Private Limited & Ors (Supreme Court of India)

19 Aug 2023 05:58 PM

Understanding e-Invoicing: Definition, Process and Key Terms

Source: https://taxguru.in/goods-and-service-tax/glossary-e-invoicing-process-terms.html

In the era of digital transformation, e-Invoicing has emerged as a significant advancement in the realm of taxation and business operations. This article delves into the core concepts of e-Invoicing, shedding light on its definition, the key terms associated with it, and its implications on the GST landscape.