WebApr 1, 2024 · The Taxation (Annual Rates for 2024-22, GST and Remedial Matters) Bill was enacted on 30 March 2024 with a raft of Goods and Services Tax (GST) changes designed to improve, modernise, simplify, and fix current legislation. In this edition of Tax Alert, we are just touching on a few of the changes, and subsequent Tax Alert articles will go into ... WebDec 23, 2024 · new gst rules from january 1 Under the current GST regime, there are two monthly returns (GSTR-1 and GSTR-3B) that a company has to file if the annual turnover is over Rs 5 crore. While the GSTR-1 is a …
Know Top 10 changes in GST Law effective from January 1st, 2024
WebDec 29, 2024 · Apart from changes in GST rules, the banks will start levying higher charges for ATM withdrawals beyond their free transactions from January 1, 2024. New ATM … WebMar 4, 2024 · Key GST Changes in India Applicable from January 1, 2024. We list key GST changes in India for 2024, which impact the scope of supplies and enforcement mechanisms, withdraws concessions, introduces input credit restrictions, etc. besides extending the scope of e-invoicing rules. Starting January 1, 2024, several key … super hero toys girls
New GST rule to be implemented from Jan 1, 2024: check details
WebApr 1, 2024 · Under Goods and Services Tax (GST) law, e-invoicing for business-to-business (B2B) transactions was made mandatory for companies with turnover of over Rs 500 crore from October 1, 2024, which was then extended to those with turnover of over Rs 100 crore from January 1, 2024. The new GST rule is going to impact lakhs of … WebThe Goods and Services Tax (GST) regime will see a number of changes from January 1, 2024. There will be some procedural changes as well, which will impact e-commerce … WebSummary of GST Amendments vide Notification No. 94/2024-Central Tax applicable from 01.01.2024. I. ITC related changes – Capping of ITC availment for missed invoices at 5%. II. Tax payment related changes – compulsory payment of tax of at least 1% by cash (subject to exceptions) III. super hero tower defense