๐ก๐ผ ๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐ & ๐ฃ๐ฒ๐ป๐ฎ๐น๐๐ถ๐ฒ๐: Waived for tax demands (April 2017 โ March 2020) if paid by 31 March 2025.
๐๐
๐๐ฒ๐ป๐ฑ๐ฒ๐ฑ ๐๐ง๐ ๐ง๐ถ๐บ๐ฒ: Until 30 November 2021 for ITC related to April 2017 โ March 2021.
๐๐ฝ๐ฝ๐ฒ๐ฎ๐น ๐๐ถ๐บ๐ถ๐๐: INR 20 Lakhs for GST Tribunal, INR 1 Crore for High Court, and INR 2 Crores for Supreme Court.
๐๐บ๐ฒ๐ป๐ฑ๐บ๐ฒ๐ป๐๐ ๐ถ๐ป ๐๐ฆ๐ง๐ฅ-๐ญ: Can amend before filing GSTR-3B.
๐-๐ฐ๐ผ๐บ๐บ๐ฒ๐ฟ๐ฐ๐ฒ ๐ฅ๐ฒ๐น๐ถ๐ฒ๐ณ: Reduced TCS from 1% to 0.5%.
No Interest on Late Tax Payments: If paid by due date from Electronic Cash Ledger.
๐๐
๐๐ฒ๐ป๐ฑ๐ฒ๐ฑ ๐๐ถ๐น๐ถ๐ป๐ด ๐๐ฎ๐๐ฒ: For Composition Dealers to 30 June.
๐ก๐ผ ๐๐ง๐ ๐ฅ๐ฒ๐ณ๐๐ป๐ฑ: For goods exported with export duty.
๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐๐ฎ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ถ๐ป๐ด: Threshold reduced to INR 1,00,000.
๐จ๐ป๐ถ๐ณ๐ผ๐ฟ๐บ ๐ฑ% ๐๐๐ฆ๐ง: On parts for aircraft MRO services.
๐ญ๐ฎ% ๐๐ฆ๐ง: For items like milk cans, carton boxes, sprinklers, and solar cookers.
๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ ๐๐
๐ฒ๐บ๐ฝ๐๐ถ๐ผ๐ป๐: For hostel accommodations and certain railway services.
๐ฃ๐น๐ฎ๐ฐ๐ฒ ๐ผ๐ณ ๐ฆ๐๐ฝ๐ฝ๐น๐ ๐ณ๐ผ๐ฟ ๐๐๐๐๐ผ๐ฑ๐ถ๐ฎ๐น ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐: Location of the recipient for FPIs.
๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ฒ ๐๐๐ฎ๐ฟ๐ฎ๐ป๐๐ฒ๐ฒ ๐ฉ๐ฎ๐น๐๐ฎ๐๐ถ๐ผ๐ป: For related parties.
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To delve into the specifics, please review the information provided in the following link :
https://www.linkedin.com/feed/update/urn:li:activity:7211704072452661249