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Ca. Ramanujan Sharma

Latest Posts by Ca. Ramanujan Sharma

What is EMI Scheme in Custom? Complete Guide on Duty Deferment, Eligibility & Benefits

April 21, 2026 672 Views 1 comment Print

Highlights how the EMI Scheme allows businesses to defer duty payments, easing working capital pressure while improving operational efficiency.

Duty deferment Benefits of Authorized Economic Operator (AEO) programme

September 3, 2025 1992 Views 0 comment Print

The AEO program’s duty deferment facility allows qualified importers to postpone customs payments, improving working capital and supply chain efficiency.

MOOWR Scheme: Key Benefits, Process & Limitations

July 27, 2025 10773 Views 0 comment Print

In this article, the author has tried to summarize the key benefits, procedure, and challenges of the MOOWR Scheme in a simple and practical manner for businesses.

Parallel Proceedings in CGST and SGST: Cross Empowerment under GST

May 2, 2025 6759 Views 0 comment Print

Article analyzing Section 6 of CGST Act on cross-empowerment of GST authorities, implications of parallel proceedings, and judicial views.

Section 16(2)(c) Defending Input Tax Credit Claims for Bona Fide Purchases

November 20, 2024 12600 Views 0 comment Print

Learn how case laws and judicial principles protect bona fide buyers from ITC denial under Section 16(2)(c) of CGST. Explore remedies for seller default scenarios.

Section 161 GST: Rectification of errors apparent on the face of record

June 19, 2024 12654 Views 1 comment Print

Understand Section 161 of CGST Act for rectifying errors apparent on the face of record in GST filings. Learn about scope, application, and implications.

Essential Tips for Filing Monthly GST Returns and Finalizing Accounts

May 22, 2024 12582 Views 0 comment Print

Article outlines tips for filing monthly GST returns & reconciling accounts, providing a guide to ensure GST compliance & finalize books effectively.

How to Check Purchase/Procurement Expenses & Process Simplification

January 27, 2024 4344 Views 0 comment Print

In this comprehensive article, the author unveils a strategic checklist tailored for navigating the intricate landscape of purchase-related transactions within the internal audit function.

Internal Audit: Freight Expenses Checklist & Process Simplification

December 28, 2023 8631 Views 0 comment Print

Unlock the secrets of internal audit for freight expenses with CA. Ramanujan Sharma’s insightful checklist. From onboarding vendors to expense booking precision, dive into the details for efficient and compliant operations. Read the article for comprehensive guidance. Disclaimer: Information provided is for general purposes, and readers should verify details independently

Sample Format for Creditors Confirmations

April 17, 2023 46209 Views 0 comment Print

Explore a sample format for creditors confirmations, crucial for auditing to validate balances. Learn about positive confirmation requests and get insights on illustrative letters for creditors, ensuring accuracy in financial records. Optimize your audit processes with this comprehensive guide.

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