Gst Rules Changed
CBIC notifies changes in annual GSTR-9 form, makes ITC reporting detailed
The CBIC has notified changes to the annual GST return form GSTR-9, making the reporting of Input Tax Credit (ITC) more comprehensive. The Central Board of Indirect Taxes and Customs (CBIC) on September 17 notified changes to the Central GST (CGST) rules, which will come into effect on September 22 and apply to annual returns filed for the 2024-25 fiscal. GST registered Taxpayers with aggregate turnover above Rs 2 crore are required to file GSTR-9. AMRG & Associates Senior Partner Rajat Mohan said the government has revamped the annual GST return (Form GSTR-9). "Revised structure of form makes it far more detailed, with new tables covering reversals under Rules 37, 37A, 38, 42 and 43, re-claims in subsequent years, transitional credits, import-related ITC, and auto-populated mismatches," Mohan said. Professionals and corporates will need to wait for the revised forms and utilities from GSTN before implementing these changes in practice. "Going forward, this measure underscores a
 "CBIC notifies changes in annual GSTR-9 form, makes ITC reporting detailed")
GST rate rejig awakens the ghost of 2017 transition for FMCG players
Firms warn of teething troubles, seek time to rework SKUs and labels
 "GST rate rejig awakens the ghost of 2017 transition for FMCG players")
GST rule change for small businesses a game-changer for ONDC: Goyal
Goyal said another big advantage is for the small retailers who are very keen to engage with ecommerce
 "GST rule change for small businesses a game-changer for ONDC: Goyal")
GST rules changed on refund claims
CGST can be disbursed only by a central tax authority and State GST only by a state one
