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Archive: 13 December 2019

Posts in 13 December 2019

CBIC notifies rule 46 of CGST Rules, 2017 (Tax Invoice) wef 01.04.2020

December 13, 2019 45591 Views 0 comment Print

Government, on the recommendations of the GST Council, hereby appoints the 1st day of April, 2020, as the date from which the provisions of the rule 46 of CGST Rules, 2017 (Tax Invoice), shall come into force.

Revised Procedure for custom clearance of toys

December 13, 2019 2592 Views 0 comment Print

Sample will be randomly picked from each consignment and will be sent to NABL accredited Labs for testing and clearance may be given by Customs on the condition that the product cannot be sold in the market till successful testing of the sample. Further, if the sample drawn fails to meet the required standards, the consignments will be sent back or will be destroyed at the cost of importer.

CBIC notifies Class of registered person required to issue e-invoice under GST

December 13, 2019 61551 Views 0 comment Print

Seeks to notify the class of registered person required to issue e-invoice. Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 70/2019–Central Tax New Delhi, the 13th December, 2019 G.S.R. 926(E).— In exercise of the powers conferred by sub-rule (4) to rule 48 of the Central […]

CBIC notifies common portal for e-invoice under GST

December 13, 2019 29481 Views 1 comment Print

CBIC notifies the following as the Common Goods and Services Tax Electronic Portal for the purpose of preparation of the invoice in terms of sub-rule(4) of rule 48 of the aforesaid rules,

CBIC amends Manner of Issuing Tax Invoice under GST

December 13, 2019 40683 Views 1 comment Print

The invoice shall be prepared by such class of registered persons as may be notified by the Government, on the recommendations of the Council, by including such particulars contained in FORM GST INV-01 after obtaining an Invoice Reference Number by uploading information contained therein on the Common Goods and Services Tax Electronic Portal in such manner and subject to such conditions and restrictions as may be specified in the notification.

NFRA founds Issues in statutory audit of IL&FS done by Deloitte

December 13, 2019 4173 Views 0 comment Print

NFRA has issued Audit Quality Review report of the statutory audit for year 2017-18 of IL&FS Financial Services Limited. The statutory auditor for this engagement was Deloitte Haskins and Sells LLP.

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