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GST Review July-2024

Editorial

Mayur R. Parekh
Happy Rainy Season to all the members. I am aware that you all must be busy in compliance of Income Tax Returns, TDS Compliance and GST Compliances. July Month is a hectic month for all of us since we all have to adhere to the due dates of various compliances as mentioned above. On 19th of July there was a change of guard in GSTPAM. New Team has taken baton of our Association in their hand. I Congratulate the Outgoing President Pravin Shinde and his Team for completing their term successfully. I also welcome incoming President Mahesh Madkholkar and his Team and wish them best luck for the Year 2024-25. The much awaited 53rd meeting of the GST Council was held on 22.06.2024 at New Delhi under the Chairpersonship of Union Finance Minister Smt. Nirmala Sitharaman. A slew of changes related to law, procedure and rates have been recommended by the GST Council. Some much- awaited taxpayer-friendly reliefs have also been announced. As always, please remember that t.......