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Archive: August, 2023

Posts in August, 2023

India International Arbitration Centre (Conduct of Arbitration) Regulations, 2023

August 31, 2023 1134 Views 0 comment Print

1) These regulations may be called the India International Arbitration Centre (Conduct of Arbitration) Regulations, 2023. (2) They shall come into force on the date of their publication in the Official Gazette.

Advisory on Introducing Electronic Credit Reversal and Reclaimed statement

August 31, 2023 18477 Views 0 comment Print

A new ledger namely Electronic Credit and Re-claimed Statement is being introduced on the GST portal. This statement will help the taxpayers in tracking of their ITC that has been reversed in Table 4B(2) and thereafter re-claimed in Table 4D(1) and 4A(5) for each return period, starting from August return period.

DGFT Policy Circular: Clarification on Isopropyl Alcohol Import Restrictions

August 31, 2023 2382 Views 0 comment Print

Read DGFT Policy Circular No. 04/2023-24 regarding applicability of safeguard measures on Isopropyl Alcohol (IPA) imports by SEZ units.

IRDAI Circular: Modifications for Withdrawn Life Insurance Products

August 31, 2023 1323 Views 0 comment Print

Read about IRDAI’s circular on modifications allowed for withdrawn life insurance products, ensuring additional options for policyholders while maintaining benefits.

GSTR 9 and 9C pdf to Excel Conversion tool

August 30, 2023 10627 Views 2 comments Print

Pre requisite 1.  Newer Versions of Excel (2019,2021 or Office 365) Instructions 1.Copy the Folder location and pdf name and paste in Yellow colour Cells and then Click on GSTR-9 or GSTR-9C Buttons 2. By Using this Tool you can able to Convert GSTR-9 pdf and GSTR-9C pdf into Excel Format

IRDAI’s New Guidelines on Health Insurance Customer Information Sheet

August 30, 2023 1836 Views 1 comment Print

Explore revised guidelines by IRDAI on Health Insurance Customer Information Sheet. Learn about policy inclusions, exclusions, claims, and more.

NCPCR Advises Against Corporal Punishment & Discrimination in Schools During Festivals

August 30, 2023 6450 Views 1 comment Print

National Commission for Protection of Child Rights (NCPCR) calls for an end to corporal punishment and discrimination in schools during festivals. Understand the legal framework and implications for schools and teachers.

Commissioner Holds Exclusive Power for Bank Account Attachment under CGST Act

August 30, 2023 2160 Views 0 comment Print

Delhi HC rules that only the Commissioner has the authority under the CGST Act to order the attachment of a bank account. Details on Vikas Enterprises case.

No Service Tax on Educational Programs Including educational Camps

August 30, 2023 963 Views 0 comment Print

The crux of the matter revolved around whether such programs, including outstation camps and other activities, are subject to service tax or can avail exemptions.

No Service Tax on Reimbursement for Freight Charges Without Margin

August 30, 2023 726 Views 0 comment Print

The primary issue in contention was the Service Tax demanded on GTA services and whether it’s applicable in cases where no overcharges are made beyond the actual freight charges.

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