As PER CBIC Website For GST Practitioners enrolled after 24.09.2018, one more examination will be held in December 2018, date of which will be announced in due course. Exam syllabus will be taken “as on 01.09.2018” for the purpose of exam scheduled on 31.10.2018 Register for Online GST Certification Course (Limited Seats) GST Practitioners -How […]
In these update we will see new functionalities, which were made available on GST Portal, recently: 1. Refund: Application for Refund can now be filed for multiple tax periods, in following refund cases : √ Export of services with payment of tax with facility to upload Statement 1. √ ITC accumulated due to Inverted tax […]
ICAI Press Release Constitution of High Power Group on Infrastructure Leasing & Financial Services Limited (IL&FS) In the recent past, there have been news reports regarding diversion of loan money in IL&FS and its subsidiary companies. The Disciplinary Directorate of the Institute of Chartered Accountants of India (ICAI), upon coming across such news report has […]
Online GST Certification Course by TaxGuru, GST Professionals and MSME, Agra – January 2019 Batch (Registration Open) covering the Whole GST Act and Provisions. Batch starting from 20th January 2019. Batch covers detailed analysis of entire GST law with special focus on Effective GST Audits & Reconciliation Statements, filing of Annual Returns, Handling Assessments and […]
CBIC on 9th October 2018 had introduced the Central Goods and Services Tax (12th Amendment) Rules, 2018 vide the Notification 54/2018 under the head ‘Central Tax’. This amendment has been made with respect to IGST refund claims of the exporters with GST registration.
It has been noticed that unverified reports of pending GST refunds on account of exports are published in the print media by trade bodies. These figures being put out in the public domain are exaggerated and thus inaccurate. It is a fact that a large number of exporters have been granted refunds so far while a few claims are still pending owing to deficiencies found in the claims.
A) GST Refund for for multiple tax periods: Application for GST Refund can now be filed for multiple tax periods, in following refund cases : 1. Export of services with payment of tax with facility to upload Statement 1 2. ITC accumulated due to Inverted tax structure with facility to upload Statement 2 3. On […]
ICAI, as the regulator of accountancy profession, as a proactive step, has introduced Unique Document Identification Number (UDIN) and it will be mandatory for all practicing Chartered Accountants w.e.f. 1st January, 2019 to register all certificates issued by them with UDIN portal which can be verified by users/stakeholders.
Accounting Standard (AS) 40, Investments property shall be applied in the recognition, measurement and disclosure of investment property.
REQUEST FOR PROPOSAL (RFP) FOR FINANCIAL AND TAX DUE DILIGENCE OF BANK OF BARODA, DENA BANK AND VIJAYA BANK FOR THE PROPOSED AMALGAMATION OF BANK OF BARODA, DENA BANK AND VIJAYA BANK We invite request for proposals from Chartered Accountant Firms/Groups for conducting financial and tax due diligence of Bank of Baroda, Dena Bank and […]
