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...
Seeks to amend notification No. 5/2017-Central Tax (Rate), dated the 28th June, 2017 vide Notification No. 09/2022- Central Tax (Rate) | Dated: 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 09/2022- Central Tax (Rate) | Dated: 13th July, 2022 G.S.R.559(E).– In exercise of the powers conferred by clause (ii) […]
Seeks to amend notification No. 3/2017-Central Tax (Rate), dated the 28th June, 2017 vide Notification No. 08/2022- Central Tax (Rate) | Dated: 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 08/2022- Central Tax (Rate) | Dated: 13th July, 2022 G.S.R. 556(E).– In exercise of the powers conferred by sub-section […]
Seeks to amend notification No.2/2017-Central Tax (Rate), dated the 28th June, 2017 vide Notification No. 07/2022- Central Tax (Rate) | Dated: 13th July, 2022. Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 07/2022- Central Tax (Rate) | Dated: 13th July, 2022 G.S.R.553(E).- In exercise of the powers conferred by sub-section (1) […]
Seeks to amend notification No.1/2017-Central Tax (Rate), dated the 28th day of June, 2017 vide Notification No. 06/2022- Central Tax (Rate) | Dated: 13th July, 2022 Government Of India Ministry of Finance (Department Of Revenue) New Delhi Notification No. 06/2022- Central Tax (Rate) | Dated: 13th July, 2022 G.S.R. 550(E).- In exercise of the powers […]
Seeks to amend notification no. 13/2017 -Central Tax (Rate), dated the 28th June, 2017 vide Notification No. 05/2022- Central Tax (Rate) | Dated: 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 05/2022- Central Tax (Rate) | Dated: 13th July, 2022 G.S.R. 547(E).-In exercise of the powers conferred by sub-section […]
Seeks to amend notification no. 12/2017 – Central Tax (Rate), dated the 28th June, 2017 vide Notification No. 04/2022- Central Tax (Rate) | Dated: 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 04/2022- Central Tax (Rate) | Dated: 13th July, 2022 G.S.R. 544(E).-In exercise of the powers conferred by […]
Government Of India Ministry of Finance (Department Of Revenue) New Delhi Notification No. 03/2022- Central Tax (Rate) | Dated: 13th July, 2022 G.S.R.541(E).– In exercise of the powers conferred by sub-section (1), sub-section (3) and subsection (4) of section 9, sub-section (1) of section 11, sub-section (5) of section 15, sub-section (1) of section 16 […]
In particular, the ACES-GST system is absolutely critical to the functioning of our GST Administration. The good news is that most of the modules for the key business processes have now been launched post development & testing and are now waiting to be tested by the field formations.
Extension of period for completion of Audit as per the proviso to sub-section (4) of section 65 of the WBGST Act, 2017 for the period starting on or after 1st day of July, 2017 and ending on or before 31st day of March, 2018 in cases where audit has commenced till 31st day of May 2022.
Govt clarified that GST in exempt on on final cost of Indian National Flag Tiranga supplied under Har Ghar Tiranga programme. Relevant clarification is as follows:- MOST IMMEDIATE F. No. 354/17/2022-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit Room No. 156, North Block New Delhi, 8th July, 2022 OFFICE MEMORANDUM […]
