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Interest liability on Delayed payment of GST

March 19, 2023 77910 Views 4 comments Print

More than half of the decade has been passed since the GST Implementation and lot of GST legal issues are there one of them which is about the Interest liability on delayed payment.

UIDAI waives fees for online document update of Aadhaar

March 16, 2023 15396 Views 0 comment Print

UIDAI makes online document update in Aadhaar free of cost; to benefit millions of residents The Unique Identification Authority of India (UIDAI) has decided to allow residents to update documents in their Aadhaar online free of cost, a people-centric move that will benefit millions of residents. As part of Digital India initiative, the UIDAI took […]

Advisory on Mandatory reporting of 6 digit HSN codes

March 10, 2023 34347 Views 0 comment Print

As per Notification No. 78/2020 – Central Tax dated 15th October, 2020,  it is mandatory for taxpayers to mention 6-digit HSN Codes for their outward supplies having AATO more than Rs 5 Crores.

RBI Launches Mission “Har Payment Digital”

March 7, 2023 5388 Views 6 comments Print

Governor, Reserve Bank of India (RBI) today launched the Mission ‘Har Payment Digital’ on the occasion of the Digital Payments Awareness Week (DPAW) 2023.

GSTN launches e-invoice registration services with private IRPs

March 4, 2023 6417 Views 1 comment Print

GSTN has launched the e-invoice registration services through multiple private IRPs at the recommendation of the GST Council.

The A to the I of AI: Who will be the winner of the AI Chatbot Wars?

March 2, 2023 1221 Views 0 comment Print

Discover the unfolding saga of the AI Chatbot Wars, featuring giants like Microsoft and Google. Explore the strengths, weaknesses, and future prospects of AI language models like ChatGPT and Google’s LaMDA.

What You Need to Know About Investing in Bitcoin

March 2, 2023 798 Views 0 comment Print

In recent years, cryptocurrency has gone from a fringe concept to a mainstream investment opportunity. One of the most popular digital assets is Bitcoin, which was launched in 2009 as an alternative to traditional currencies.

No provision under GST law to seek NOC from any authority to apply for revocation of cancellation of GST registration

February 26, 2023 2283 Views 0 comment Print

HC held that, the purpose of a SCN is to enable the noticee to meet the allegations, on the basis of which an adverse action is proposed. Further, the procedure adopted by the Revenue Department is flawed and the order for cancellation of GST Registration of the assessee was passed in violation of principles of natural justice.

Royally paid for exclusive right to obtain technical & engineering instruction know how to manufacture is Capital Expenditure

February 25, 2023 564 Views 0 comment Print

Unlocking the essence of capital vs. revenue expenditure through Faurecia Emissions vs. DCIT, ITAT Chennais verdict on royalty payments for technical know-how.

GSTN onboarded four new e-IRPs (e-Invoice Reporting Portals)

February 25, 2023 3093 Views 0 comment Print

We would like to inform you that GSTN has onboarded four new IRPs (Invoice Reporting Portals) for reporting e-invoices in addition to NIC-IRP.

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