RBI revises Bad and Doubtful Debt Reserve (BDDR) guidelines for co-operative banks, ensuring uniformity and compliance with Accounting Standards and prudential norms.
Form GSTR-1 is an essential document for GST-registered taxpayers, detailing outward supplies of goods and services. This manual guides you through creating, submitting, and amending Form GSTR-1 and GSTR-1A. To file Form GSTR-1, log in to the GST portal and navigate to the GSTR-1 section. You can download details from e-invoices, view or edit them, […]
The GST AAAR Andhra Pradesh ruling confirms that seat covers are accessories under HSN 8708, not ‘seats’ under HSN 9401, maintaining the classification.
Learn about the GST AAAR Andhra Pradesh ruling on the classification of Zuari Farmhub’s Mangala Borosan and Mangala G1 products and their appropriate GST rates.
AAAR found that AIF’s multiple supplies to different recipients could not be categorized as a “Composite Supply” under Section 2(30) of the CGST Act, as the supplies were not bundled naturally or provided to a single recipient.
AAR Odisha confirms GST on supplementary invoices for works contracts executed before 18/07/2022 is 18%, overriding previous 12% rate due to recent amendments.
Hon. Finance Minister announced the budget on 23rd July 2024 and considering the changes made in the budget w.r.t. GST as well as income tax, the intension of the govt has been well-noted and exhibited. However, whether the real benefit of those intensions to reduce the litigation or provide amnesty scheme will be really benefitted […]
The IBBI Disciplinary Committees order on Devendra Singh for contraventions in Sidhartha Buildhome Pvt Ltd’s CIRP. Detailed analysis and findings.
IBBI disciplinary order against Insolvency Professional Mr. Manish Kumar Gupta for regulatory violations in CIRP cases, highlighting adherence to timelines and regulations.
Bombay High Court rejects petition to quash Section 498A case. Judges call the sisters-in-law’s behavior sadistic and uphold criminal proceedings.
