Key GST Compliance Changes effective from 1st January 2025

Multi-Factor Authentication (MFA) Mandatory: MFA will be compulsory for taxpayers to enhance security of eway bill & e-invoice portals. Mandatory in phases:➡️ 1st Jan 2025: AATO > ₹20 Cr➡️ 1st Feb 2025: AATO > ₹5 Cr➡️ 1st Apr 2025: All taxpayers ✅ E-Way Bill Generation Restrictions: E-Way Bills can only be generated for base  documents […]

Multi-Factor Authentication (MFA) Mandatory: MFA will be compulsory for taxpayers to enhance security of eway bill & e-invoice portals.

Mandatory in phases:
➡️ 1st Jan 2025: AATO > ₹20 Cr
➡️ 1st Feb 2025: AATO > ₹5 Cr
➡️ 1st Apr 2025: All taxpayers

✅ E-Way Bill Generation Restrictions: E-Way Bills can only be generated for base  documents no older than 180 days.

✅ Restriction on E-Way Bill Extensions: Extensions limited to 360 days from the original generation date

TAX CONCEPT

Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income Tax judgements to EPFO schemes and corporate law updates, TaxConcept serves as a reliable, authoritative guide for chartered accountants, businesses, and everyday taxpayers seeking absolute compliance clarity.

Scroll to Top

Discover more from TAX CONCEPT

Subscribe now to keep reading and get access to the full archive.

Continue reading