GST on Coinsurance and Reinsurance

GST on Co-insurance and Reinsurance: Key Circular 244/01/2025

The Ministry of Finance, through its Tax Research Unit, has issued Circular No. 244/01/2025-GST, dated January 28, 2025. This circular provides crucial clarifications regarding the payment of GST on co-insurance premiums and reinsurance commissions. Let’s delve into the key points and implications of this circular. Key Highlights of the Circular HSN Code for List of […]

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Tamil Nadu and Himachal Pradesh biometric GST registration

New Biometric Authentication in Tamil Nadu and Himachal Pradesh

January 28, 2025 In a significant move to streamline the GST registration process, the Goods and Services Tax Network (GSTN) has introduced a new functionality for Biometric-based Aadhaar Authentication and document verification. This new feature, rolled out in Tamil Nadu and Himachal Pradesh, aims to enhance the security and efficiency of the GST registration process. […]

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ewaybill kerala for gold

New Update: E-Way Bill for Gold Introduced in Kerala

Date: January 27, 2025The Goods and Services Tax (GST) portal has introduced a new option for generating E-Way Bills (EWB) specifically for gold. This feature, effective January 20, 2025, streamlines the compliance process for gold transportation within Kerala. Key Highlights of the Current Update: This update ensures efficient management of gold transportation and compliance with […]

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Key Changes in GST Rules: January 2025 Amendments Explained

The Central Board of Indirect Taxes and Customs (CBIC) has recently issued two significant notifications on January 23, 2025, introducing important amendments to the Central Goods and Services Tax (CGST) Rules, 2017. These changes aim to streamline GST compliance and provide relief to taxpayers. Here’s a detailed look at the key highlights: Notification No. 07/2025 […]

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