https://www.taxtmi.com/news?id=27746 The advisory notifies a reduction in the TCS rate effective from 10 July 2024 and instructs taxpayers to collect and report TCS at the rate applicable to the transaction date; transactions before that date remain subject to the prior rate. Taxpayers must update systems and processes to apply the revised rate for transactions on or after the effective date. GSTN will implement system changes to address GSTR 8 validation errors and expects filing to resume from 6 August 2024 midnight. en-us Fri, 02 Aug 2024 18:54:08 +0530 Fri, 02 Aug 2024 18:54:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27746 The advisory notifies a reduction in the TCS rate effective from 10 July 2024 and instructs taxpayers to collect and report TCS at the rate applicable to the transaction date; transactions before that date remain subject to the prior rate. Taxpayers must update systems and processes to apply the revised rate for transactions on or after the effective date. GSTN will implement system changes to address GSTR 8 validation errors and expects filing to resume from 6 August 2024 midnight. News - Fri, 02 Aug 2024 18:54:08 +0530 https://www.taxtmi.com/news?id=27746