From 10th October 2024, a new GST regulation is in effect under the Reverse Charge Mechanism (RCM) for non-residential property rentals. ...

The GST Network is bringing in the Invoice Management System (IMS) from 1st October 2024 to simplify compliance for taxpayers. 🔹 What is...

Important for entities with multi-state presence!  The latest GST notification mandates compulsory Input Service Distributor (ISD)...

Exciting updates from the latest budget include: 1️⃣ Big relief for Section 16(4) Notices 2️⃣ Waiver of Interest & Penalty for F.Y....

As we approach the end of March, businesses are gearing up for a critical period of tax compliance, particularly concerning Goods and...

At RMRA & Associates, we understand that establishing your business in a new market can be both exciting and challenging. That's why...

If you claim more Input Tax Credit in 3B than available in 2B, exceeding limits set by the Council, get ready for a heads-up. Let's...

Enterprises with more than Rs 5 crore turnover, from earlier Rs 10 crore, in any financial year will have to generate e-invoice for...

A recent article by General Catalyst emphasizes the significance of CFOs in ensuring governance and financial stability within Indian...

Facts of the Case The applicant was engaged in the business of manufacture of apparels and it hired a third-party contractor for...

The government has announced a significant relief in late fees for pending following GST returns :- GSTR-4, GSTR-9, GSTR-10. Furthermore,...

As the end of the financial year approaches, it's important to make sure your GST (Goods and Services Tax) year-end process is optimized...

"ITC reversals required w.r.t. sale of alcoholic liquor for human consumption covered under exempt supplies." - The West Bengal AAR...