by Team SKM | May 21, 2025 | GST, News
In a major relief for businesses, the Supreme Court upholds the use of the Electronic Credit Ledger for the mandatory 10% GST appeal pre-deposit, easing cash flow challenges during litigation. In a landmark judgment offering major relief to businesses across India,...
by Team SKM | May 17, 2025 | GST, News
The long-anticipated Goods and Services Tax Appellate Tribunal (GSTAT) is now functional, providing taxpayers, consultants, and businesses with a formal platform for resolving GST disputes. Here are 10 important takeaways to help you navigate the new appellate process...
by Team SKM | May 17, 2025 | GST, News
Stay compliant and avoid penalties by understanding these critical GST updates effective in 2025: Mandatory Multi-Factor Authentication (MFA) – Effective April 1, 2025 Starting April 1, 2025, all GST-registered taxpayers must use Multi-Factor Authentication (MFA) to...
by Team SKM | May 10, 2025 | GST, News
GSTN has introduced key updates to the refund filing process under the category “On account of Refund by Recipient of Deemed Export.” What’s New: No Tax Period Selection: Taxpayers no longer need to file refund claims in tax period order or select “From”...
by Team SKM | May 10, 2025 | GST, News
GSTN has simplified the refund process for the following categories: Export of Services (with tax payment) SEZ Supplies (with tax payment) Deemed Exports (by supplier) Key Changes: No Tax Period Selection Needed: Taxpayers can now file without selecting a...