Goods and Services Tax : The Central Board of Indirect Taxes and Customs (CBIC) has announced significant extensions to the deadlines for filing Goods and ...
Goods and Services Tax : CBIC issues guidance on GST treatment of vouchers, addressing distribution models, unredeemed vouchers, and associated services to...
CA, CS, CMA : Key updates from Income Tax, GST, DGFT, RBI, and more for the week ending 29th Dec 2024....
CA, CS, CMA : Review of significant legal, tax, GST, and SEBI updates during the week ending 22nd December 2024, including new guidelines and ju...
Goods and Services Tax : Complete essential compliance tasks by 31st Dec 2024, including filing income tax returns, GST annual returns, CSR reports, and RB...
Goods and Services Tax : KSCAA highlights issues in GST registration, suggesting uniform SOPs, better verification, geocoding fixes, transparency, and supp...
Goods and Services Tax : Karnataka CA Association urges upgrades to the Professional Tax portal, addressing issues like OTP errors, payment glitches, and l...
Goods and Services Tax : Government addresses GST exemption on health & life insurance premiums, forming a GoM for review. Key updates on current exemption...
Goods and Services Tax : GST on commercial training is 18%, while educational institutions' services and books are exempt. Details of GST collection and me...
Goods and Services Tax : Avoid GST phishing scams. GSTN never asks for personal details via calls, emails, or SMS. Verify sources and avoid clicking on unt...
Goods and Services Tax : Allahabad HC grants stay on recovery against Saru Silver Alloys Pvt Ltd, noting challenges to Rule 96(10) of CGST Rules, 2017, ami...
Goods and Services Tax : Supreme Court allows 4 weeks extension to open common portal for Tran 1 & Tran 2 Hon’ble Supreme Court while hearing an appl...
Income Tax : M. K. Traders Vs UOI (Gujarat High Court) Conveyance and the goods came to be detained applying the provisions of Section 130 of t...
Goods and Services Tax : Respondent had issued incorrect invoices while selling the above products to his recipients as he had incorrectly shown the base p...
Goods and Services Tax : Rajasthan mandates virtual hearings for GST cases. Learn about the process, requirements, and compliance under the new guidelines ...
Goods and Services Tax : CBIC issues KYC compliance clarifications for couriers, reports on significant drug seizures, overvaluation cases, and announces p...
Goods and Services Tax : GSTN allows company directors to complete biometric authentication at any GST Suvidha Kendra in their home state. Read the latest ...
Goods and Services Tax : View February 2025 GST collections: gross revenue at ₹1,83,646 crore, net revenue at ₹1,62,758 crore, reflecting 9.1% and 8.1%...
Goods and Services Tax : Key updates on Indian Customs, including trade facilitation, GST awareness, sports events, and major enforcement actions on tax ev...
Ministry of Finance notifies commencement dates for provisions of the Finance (No. 2) Act, 2024. Key sections to come into force by November 2024.
Advisory clarifies that GST documents without digital signatures are valid, generated by officers’ logins on the GST portal, ensuring verification is possible.
The GST Council has formed a Group of Ministers to propose a new taxation system to replace the Compensation Cess after its abolition. Report due by Dec 31, 2024.
CBIC clarifies IGST refund rules for exporters who paid taxes after availing exemptions, addressing compliance issues under Rule 96(10) for exports.
CBIC shares updates on SHS 2024, IPR enforcement, e-magazine release, ITC investigation resolution, and a major smuggling seizure by Lucknow Customs.
Key updates in Income Tax, GST, Customs, and SEBI from 9th to 15th Sep 2024, including audit guidelines, ITC rules, and export policy changes.
CBIC weekly update covers GST Council decisions, extended export benefits, DGGI conference highlights, and IRS officer’s triathlon achievement.
The new GST Invoice Management System (IMS) simplifies invoice handling for taxpayers. Accept, reject, or defer invoices and manage GSTR-2B.
The GST Council forms a Group of Ministers (GoM) to review and suggest GST rates on life and health insurance, with a report due by October 30, 2024.
Circular No. 233/27/2024 clarifies IGST refund regularization for exporters who initially imported inputs without paying integrated tax and cess.
