Revision in E-Way Bill and Consolidated E-Way Bill Numbering Formats w.e.f. 1 January 2027
It is hereby informed that, in view of the substantial volume of E-Way Bills generated, the existing numbering capacity is expected to be exhausted.
Tag: GST
Advisory on Enhancements Related to Composition Levy Functionality under GST
Some changes have been introduced on the GST portal for taxpayers registered under or opting for, the Composition Scheme. These changes will apply to applications filed through Form REG-01, CMP-02, CMP-04 and REG-14.
TDS Registration Advisory for Dealers in Scrap and Other Notified Goods
The Government had introduced TDS compliance requirements for businesses dealing in metal scrap.
Advisory on the Revised Process for Approval of Registration Cancellation application under Form GST REG-16
The self-cancellation process has been revised to incorporate system-based validations and facilitate the electronic approval of cancellation of registration, subject to the fulfilment of the prescribed conditions as per rule 20 of the Central GST Rules, 2017.
Advisory on Simplified Registration Scheme under Rule 14B of the CGST Rules, 2017
GSTN has introduced a facility on the GST Portal to enable eligible suppliers selling goods through e-Commerce Operators (ECOs) that collect tax at source to obtain registration under the Simplified Registration Scheme
GST Notification No. 03/2026–Central Tax: Major GST Changes Effective from 1st November 2026 – Section 155 (GST Refunds)
The Central Government, through Notification No. 03/2026–Central Tax dated 26th October 2026, has brought Section 155 of the Finance Act, 2026 into effect from 1st November 2026.
GST Notification No. 03/2026–Central Tax: Major GST Changes Effective from 1st November 2026 – Section 154 (GST Credit Notes)
This amendment relates to Section 34(1) of the CGST Act, 2017, which deals with the issuance of GST credit notes and debit notes.
GST Notification No. 03/2026–Central Tax: Major GST Changes Effective from 1st November 2026 – Section 153 (Post-Supply Discounts)
The Central Government, through Notification No. 03/2026–Central Tax dated 26th October 2026, has brought Section 153 of the Finance Act, 2026 into effect from 1st November 2026.
Timeline to claim Input Tax Credit of FY 25-26 – Part 16
Once the ITC reconciliation ( books vs 2B) is completed, the correction process needs to be initiated. The correction needs to be done by the vendor for missing and mismatched invoices in his GSTR 1. He can do it on or before 11th November.
Timeline to claim Input Tax Credit of FY 25-26 – Part 15
One vendor was charging GST. GSTIN was also mentioned in the invoice so the buyer made payment of invoice value (including GST) to the vendor. In GSTR 2B the invoice was not appearing. The return filing periodicity matters. It may…