Government Launches ‘Mera Bill Mera Adhikaar’ Invoice Incentive Scheme
  • 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.

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Amnesty Schemes 2023: Revive Your Registration and Clear Late Fees
  • 25 Aug 2023 05:53 PM
  • New

Amnesty Schemes 2023: Revive Your Registration and Clear Late Fees

Source: https://taxguru.in/goods-and-service-tax/amnesty-schemes-2023-revive-your-registration-and-clear-late-fees.html

Introduction: The year 2023 brings a ray of hope for taxpayers with the extension of multiple tax amnesty schemes. These schemes offer a chance to rectify past non-compliance and clear late fees. Let’s delve into the details of these schemes and the benefits they bring.

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Monitoring IGST ITC Reversal: GSTR 3B SOP Guide
  • 24 Aug 2023 05:43 PM
  • New

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

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The promise of our goods and services tax is unfulfilled
  • 24 Aug 2023 05:39 PM

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.

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

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No doubt that India will be world’s growth engine: PM Narendra Modi at BRICS Summit
  • 23 Aug 2023 05:30 PM
CBI Nabs CGST Superintendent in Bribery Case
  • 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.

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New GST incentive scheme will encourage consumers to demand bills
  • 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.

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SC to Decide on GST Implications of Immovable Property: Next Hearing on August 23
  • 21 Aug 2023 05:37 PM
GSTN issued advisory on Steps for e-Invoicing under GST
  • 19 Aug 2023 06:05 PM

GSTN issued advisory on Steps for e-Invoicing under GST

Source: https://taxguru.in/goods-and-service-tax/gstn-issued-advisory-steps-e-invoicing-gst.html

Steps For e-Invoicing

A. Introduction:

‘e-Invoicing’ means reporting details of specified GST documents to a Government-notified portal i.e., Invoice Registration Portal (IRP) and obtaining an invoice reference number. It doesn’t mean the generation of invoices by a Government portal.

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