- Notification No. 12/2024 – Central Tax introduces changes to CGST Rules, effective from July 10, 2024
- Aadhaar authentication simplified for GST registration process
- Form GSTR-1A filing made easier for businesses to add or correct details of outward supplies
- Improved ITC distribution for Input Service Distributors based on recipients’ turnover
- New refund options for exporters and Canteen Stores Department
- Appeal process with Appellate Tribunal updated for easier filing and withdrawal
- New Form GST ENR-03 for unregistered persons to generate e-way bills
- Lowered threshold for invoice reporting in GSTR-1 from ₹2.5 lakhs to ₹1 lakh
- Updates aim to streamline GST compliance and strengthen tax system for businesses.
Source: rmpsco.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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