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Finance Bill 2023 as Passed by Lok Sabha on 24.03.2023

March 24, 2023 5529 Views 0 comment Print

AS PASSED BY LOK SABHA ON 24.03.2023 Bill No. 17-C of 2023 THE FINANCE BILL, 2023 A BILL to give effect to the financial proposals of the Central Government for the financial year 2023-2024. BE it enacted by Parliament in the Seventy-fourth Year of the Republic of India as follows:— CHAPTER I PRELIMINARY 1. Short […]

Substantive GST liability falls on supplier and protective liability upon Purchaser

March 24, 2023 3165 Views 0 comment Print

While GST Department may reverse credit in the hands of purchaser, this has to be a protective move, to be reversed and credit restored if liability is made good by supplier. Thus, substantive liability falls on supplier and protective liability upon purchaser.

CMA Intermediate & Final Exam Time Table & Programme June 2023

March 24, 2023 10749 Views 0 comment Print

Intermediate And Final Examination Time Table & Programme – June 2023 Institute Of Cost Accountants Of India declares Intermediate And Final Examination Time Table & Programme  for JUNE 2023 Examination which will start from 1st July, 2023 and ends on 8th July, 2023. THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (STATUTORY BODY UNDER AN ACT […]

CGST Bhiwandi Commissionerate arrests Oppo Mobiles finance manager

March 24, 2023 2004 Views 0 comment Print

An authorized signatory – Manager-Finance & Accounts of Chinese origin company M/s. Oppo Mobiles India Private Limited Mr. Mahendra Kumar Rawat has been arrested by CGST Bhiwandi Commissionerate, for fraudulent availment of ITC amounting to Rs.19 cr on fake

Intricacies of crypto taxes in India

March 24, 2023 2988 Views 0 comment Print

The Indian government took its stance on crypto taxes a year back. After implementing a 30% tax on crypto assets, the crypto industry in India finally got recognized country-wide.

More than 2 lakh women owned MSMEs registered on UDYAM portal during special drives

March 24, 2023 690 Views 0 comment Print

Special drives for registration of women owned MSMEs under Udyam Registration Portal have been undertaken during 2022-23 and more than 2 lakh women owned MSMEs have registered on the portal during the special drives.

Final Opportunity to ICSI Students under Earlier/ Modified Training Structures

March 24, 2023 2121 Views 0 comment Print

Final Opportunity to the Students under Earlier/ Modified Training Structures to Complete Remaining Parts of Training and Compulsory Switchover to the New Training Structure w.e.f. 01st July 2023.

Request for extension of time period for filing of Form CSR 2

March 24, 2023 12558 Views 0 comment Print

ICSI Request for extension of time period for filing of Form CSR 2 for the financial year ended March 31, 2022 without levying additional fee

Advisory for GST Registration for banquet halls, farm house, marriage gardens & hotels

March 24, 2023 4737 Views 0 comment Print

It has come to the notice of the Department that several banquet halls, farm houses, marriage gardens, and hotels registered under Delhi GST are not reporting or under reporting their business transactions/turnover and hence not paying due GST thereon.

Govt allows export of Multi Grain Atta or Fortified Whole Wheat Atta

March 23, 2023 1395 Views 0 comment Print

Note 2: is added in the SION E-136 to allow export of Multi Grain Atta or Fortified Whole Wheat Atta. All other conditions for SION E-136 as mentioned in Public Notice no. 38/2015-20 dated 25.11.2022 will continue to be in force. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New […]

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