GST
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GST Update: If your business turnover is above 5 crores in any of the financial years starting from FY 2017-2018, prepare your business for e-invoice under GST w.e.f 1st August 2023 GST Department has started address verification of registered persons from 16th May 2023, it will go on up to 15th July 2023. Ensure your…
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49th GST Council meeting was held on 18th February 2023, the key outcomes affecting the industry are as below: Changes in GST rates of Goods and Services ‘Rab’ 18% 5% – if sold prepackaged and labelledNil – if sold otherwise Pencil Sharpener 18% 12% Measures to facilitate trade: Extension of time limit for application for…