CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....
CA, CS, CMA : Stay updated with key notifications and circulars on Income Tax, GST, Central Excise, Customs, DGFT, and SEBI issued between 29th ...
CA, CS, CMA : Stay updated with the latest income tax exemptions, GST advisories, customs amendments, and more from the week of 22nd-28th July 2...
Goods and Services Tax : Discover CBIC's latest circular setting monetary limits for GST appeals. Understand how these limits streamline litigation and imp...
Goods and Services Tax : Understand CGST Act's Section 16(4) time limits for claiming ITC on RCM supplies from unregistered persons, clarified in SEBI's Ci...
Goods and Services Tax : A Superintendent in Nadiad is sentenced to 5 years for bribery. CBI also investigates two GST officers in Hyderabad for demanding ...
Goods and Services Tax : Explore the latest details on GST rates for agricultural equipment, machinery, and fertilizers, and the government's stance on pot...
Goods and Services Tax : Explore the latest updates on GST exemptions for the space industry. Find details on PLI schemes, government funding, and financia...
Goods and Services Tax : Learn how to file GSTR-1A with our comprehensive manual and FAQs. Get step-by-step guidance and clear answers to common questions....
Goods and Services Tax : GST Advisory: TCS rate reduced to 0.5% from 1% effective 10/07/2024. Learn about the transition period and GSTR-8 filing updates....
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 : Maharashtra GST Circular No. 21T of 2024 updates guidelines for recovering outstanding dues after first appeal until the Appellate...
Goods and Services Tax : Instruction No. 03/2024-GST outlines procedures for CGST audits, emphasizing uniformity and reducing litigation through adherence ...
Goods and Services Tax : Kerala SGST department issues a circular clarifying the method of penalty calculation under the IGST Act, 2017 for tax demands mad...
Goods and Services Tax : CBIC's latest updates include a Customs cooperation deal with New Zealand, a new Hindi magazine, and significant seizures of smugg...
Goods and Services Tax : CBIC issues guidelines for a second All-India drive to detect and eliminate fake GST registrations, safeguarding government revenu...
Ministry of Finance notifies goods and services eligible for export on payment of integrated tax and refund claim. List of exempted goods specified.
Ministry of Finance appoints adjudicating authorities for show cause notices against M/s BSH Household Appliances Pvt Ltd in respect of CGST and IGST Acts.
Ministry of Finance exempts persons supplying goods through ECOs from mandatory GST registration under section 24(ix) of CGST Act, subject to specific conditions. Effective from 1st October 2023.
Ministry of Finance notifies ‘Account Aggregator’ as the system for sharing information via common portal under section 158A of CGST Act. Effective from 1st October 2023.
CBIC exempt the registered person whose aggregate turnover in the financial year 2022-23 is up to two crore rupees, from filing annual return for the said financial year vide Notification No. 32/2023-Central Tax, Dated: 31st July, 2023 Exemption: As per the first proviso to section 44 of the Central Goods and Services Tax Act, 2017 […]
Central Board of Indirect Taxes and Customs have issued a notification (No. 31/2023-Central Tax) dated 31st July 2023 to amend Notification No. 27/2022-Central Tax, dated 26th December 2022. Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi Notification No. 31/2023- Central Tax | Dated: 31st July, 2023 G.S.R. 574(E).—In […]
Notification No. 30/2023–Central Tax of a special procedure for registered manufacturers engaged in manufacturing specific goods. Includes details of packing machines, records to maintain, and monthly statements
Notification of a special procedure for filing GST appeals in compliance with Circular No. 182/14/2022-GST. Applicable in the case of Union of India v/s Filco Trade Centre Pvt. Ltd.
Notification of effective dates for sections 137 to 162 of the Finance Act 2023 (except sections 149 to 154). Provisions come into force on October 1, 2023, and August 1, 2023.
Learn about the provisions of section 123 of the Finance Act 2021 and the amendment of section 16 of CGST Act 2017. Effective date: October 1, 2023.
