CA, CS, CMA : Summary of key tax, GST, customs, RBI, and legal updates issued by Indian authorities for the week ending April 6, 2025, including...
CA, CS, CMA : Summary of tax and regulatory updates: income tax bonds, GST rulings, SEBI amendments, customs tariffs, and DGFT trade policy chan...
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....
Goods and Services Tax : Letter to CBIC alleges Delhi CGST offices misuse Section 74 (fraud) for all SCNs. RTI data shows 100% use, causing taxpayer distre...
Goods and Services Tax : CBI arrested a CGST Inspector in Prayagraj for allegedly demanding and accepting a Rs. 10,000 bribe for GST registration verificat...
Goods and Services Tax : Analysis of GST collection targets vs. actuals, tax evasion cases, and govt measures like e-invoicing and analytics to improve com...
Goods and Services Tax : The Sales Tax Bar Association (STBA) Delhi seeks an extension of the GST Amnesty Scheme deadline to 30th June 2025 due to taxpayer...
Goods and Services Tax : Insights on GST policies for medicines and medical goods, exemptions for healthcare services, and GST revenue data from 2019 to 20...
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 : Learn about recent GSTN changes for refund filing on service exports with tax, SEZ supplies with tax, and deemed export supplier r...
Goods and Services Tax : GST Form GSTR-7 updated for invoice-wise TDS reporting from April 2025. Portal functionality development underway for upcoming dep...
Goods and Services Tax : Hyderabad Zone GST introduces an email-based grievance mechanism for applicants facing issues with registration queries contradict...
Goods and Services Tax : April 2025 GST collections reached ₹2.36 lakh crore. Update covers CBIC activities, including a new health facility and a curren...
Goods and Services Tax : CBIC instructs officers to ensure timely submission of records to C&AG audit teams and coordinate with taxpayers for required GST-...
New GST registration advisory for Bihar, Delhi, Karnataka, Punjab: Biometric Aadhaar authentication and document verification now required.
New GST advisory reduces threshold for reporting inter-state supplies to unregistered dealers from ₹2.5 lakh to ₹1 lakh in GSTR-1 and GSTR-5.
Key updates from Income Tax, GST, Central Excise, Customs, DGFT, and SEBI for the week of August 26 – September 1, 2024, including tax notifications, rulings, and regulatory amendments.
The 4th Land Customs Conference discussed cross-border trade, gender inclusivity, and drug seizure success. DRI seized Rs. 12 crore worth of methamphetamine tablets.
Detailed overview of India’s GST collections for August 2024. Includes gross and net revenue, growth rates, and state-wise distribution. Check the report for insights.
TNCTD Circular 8/2024 outlines new adjudication guidelines to improve GST order quality, focusing on clarity, fairness, and transparency in adjudication proceedings.
Udaipur CGST office inaugurated; ICETAB 2.0 launched for better service. DRI uncovers Rs. 33.03 crore duty evasion case; GST enforcement and updates from CBIC.”
Summary of key updates in Income Tax, GST, Customs, and SEBI regulations for the week of 19th-25th Aug 2024. Important clarifications and new guidelines.
Biometric Aadhaar authentication for GST registration is now required in Dadra & Nagar Haveli, Daman & Diu, and Chandigarh.
GST introduces RCM Liability/ITC Statement for accurate RCM reporting. Deadline for opening balance is 31st Oct 2024, with amendments allowed until 30th Nov 2024.
