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Archive: 02 April 2018

Posts in 02 April 2018

Smooth roll out of e-Way Bill system from 01st April, 2018

April 2, 2018 2085 Views 0 comment Print

As per decision of the GST Council, e-Way Bill system became mandatory from today i.e. 01st April, 2018 for all inter-State movement of goods. The implementation of the nationwide e-Way Bill mechanism under GST regime is being done by GSTN in association with the National Informatics Centre (NIC) and is being run on portal namely  […]

MCA removes applicability of AS 22 & Ind AS 12 to Govt Companies forever

April 2, 2018 2226 Views 0 comment Print

Vide Notification number S.O. 529(E), dated the 5th February, 2018 it was specified that provisions of Accounting Standard 22 or Indian Accounting Standard 12 relating to deferred tax asset or deferred tax liability shall not apply, for seven years to certain Government companies with effect from the 1st April, 2017. Now Government has vide this […]

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