"11 February 2018" Archive

Comparison of ICFR with GST

A comparison of Internal control over Financial reporting (ICFR) with The Goods and Services Tax (GST)...

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Gujarat VAT Notification for Final Return & VAT Audit – FY 2017-18

SUMMARY OF GUJARAT VAT NOTIFICATION RELATING TO FILING OF FINAL (ANNUAL) RETURN AND AUDIT UNDER SECTION 63 FOR FY 2017-18 Notification No. (GHN-05) VAR-2018(47) / Th    Dated 19th January, 2018  Final Return  Every registered dealer in whose case taxable turnover exceeds rupees 25 Lacs in aggregate during the period April 2017 to Jun...

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Dilemma of Single group or Both groups while filling CA Exam Form

The examination forms of the CA Final and CA Intermediate exams for May’2018 attempt is already out. Last Date for Online Submission of form without late fees: 26-02-2018 Last Date for Online Submission of form with late fees: 05-03-2018 The one of the most important question that is in the minds of each CA aspirant […]...

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Implication of Non Compliance- Condonation Of Delay Scheme, 2018

In this editorial the author shall discuss the some queries raised by professionals and Corporates / Key Effects in relation to Condonation of Delay Scheme, 2018. More than one month has been passed when the scheme notified by the MCA. However, still there are many issues are unanswered under this scheme:...

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Advisory to Exporters for Refund of IGST Paid on Export of Goods

1. Fill complete and correct data of export of goods in Table 6A of Form GSTR 1 of the relevant tax period. 2. File Table 6A /Form GSTR 1 for the corresponding tax period. 3. Pay your tax and File GSTR 3B return for the subject tax period. 4. While filing GSTR 3B Return for […]...

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GSTN Advisory for Exporters for filing Table 6A of GSTR-1

GSTN Advisory for Exporters for filing Table 6A of GSTR-1:  1. To ensure that the GST System transmits the export invoice data, in case of export of goods with payment of IGST, to ICEGATE for refund, Exporters need to maintain consistencies between data provided at GST Portal and ICEGATE Portal while filing Table 6A of GSTR-1. 2. Inv...

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Most disqualified directors were directors of Struck off companies

3,09,619 Directors were disqualified under Section 164(2)(a) read with Section 167 of the Companies Act, 2013 for non-filing of Financial Statements or Annual Returns for a continuous period of immediately preceding 3(three) financial years (2013-14, 2014-15 & 2015-16). Out of the above mentioned disqualified directors, 2,10,116 number of...

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Advisory for Exporters on Filing Table 3.1(b)of GSTR 3B

Advisory for exporters on correctly filing Table 3.1(b) of GSTR 3B:  While filing GSTR-3B Return for the said tax period, please make sure that table 3.1 (b) of Form GSTR-3B is filled correctly: 1. GSTR-3B of corresponding return period must be filed. 2. The IGST amount should be paid through Table 3.1(b) of GSTR-3B, and must be [&hell...

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Join Online GST Certification Course by TaxGuru & GST Professionals

GST Certification Course by TaxGuru is a comprehensive GST Course offering the best learning experience with its proven methodologies and expert speaker. GST Certification Course is organised by TaxGuru in association with GST Professionals and MSME a branch of the Government of India. Due to overwhelming response of the first and introd...

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