05.04.2021: Through the official twitter handle, CBIC has re-reminded about four new changes in GST which are as under:
1.) Attention GST Taxpayers!
Requirement of HSN Code for Goods and Services on Tax Invoices is mandatory w.e.f April 01, 2021.
2.) Attention GST Taxpayers whose aggregate turnover exceeds Rs. 50 crore in a Financial Year!
Generating E-Invoice for B2B supply of Goods or Services or both is mandatory w.e.f April 01, 2021.
3.) Attention Importers/Customs Brokers!
Important amendments regarding filing of Bill of Entry (BE) w.e.f 29.03.2021 (Section 46 of Customs Act, 1962).
4.) Attention GST Taxpayers whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds Rs.500 crore!
Generating Dynamic QR Code on B2C Invoices issued to unregistered person. Penalty waived for non-compliance subject to conditions provided.
