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All Major GST Changes in 2022 with Details – Finsights

GST’s Journey of Change in 2022 2022 was a year of recovery from the Covid pandemic, which had a global impact on businesses for nearly two years. GST collections in 2022 show that businesses are resuming normalcy. GST receipts are an excellent predictor of economic activity. A look at GST revenue in 2022 shows a … Read more

GST on Health Insurance and Numerous Benefits

GST on Health Insurance and Numerous Benefits - Finsights

At the 48th GST Council meeting, the GST on health insurance was a hotly debated topic. The GST rate on health insurance policies in India will be reduced from 18% to 12%, according to reports. The article discusses the most recent GST rate for health insurance and how lowering the GST rate on insurance will … Read more

What is GSTR 6? How To File GSTR 6 With Return Filing

What is GSTR 6 How To File GSTR 6 With Return Filing

The GSTR 6 Return form needs to be filled out by all distributors of input services who have registered for the Goods and Services Tax (GST). The information from form GSTR-6A is provided in the GSTR 6, with the majority of the data being auto-populated. Information about received credits from various invoices is covered in … Read more

GST Portal Facilitates Dropping of Proceedings for Suspensions of GST Registration

The GST portal has added a new feature that allows users to cancel registration suspension requests and have those requests reversed, which is a huge relief for taxpayers. The GST Tech (@Infosys GSTN) recently tweeted that taxpayers can now start the process to cancel their GST registration. After receiving the Show Cause Notice (SCN) sent … Read more