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Notifications/Circulars

All States choose Option-1 to meet GST implementation shortfall

December 5, 2020 723 Views 0 comment Print

Jharkhand has become the latest State to go for Option-1. Jharkhand will get Rs. 1,689 crore through special borrowing window to meet the GST implementation shortfall. Permission to raise additional Rs. 1,765 crore through borrowings also issued to Jharkhand

Visakhapatnam GST Intelligence arrests CA for major GST fraud

December 5, 2020 44805 Views 9 comments Print

Directorate General of GST Intelligence (DGGI) Visakhapatnam Zonal unit has busted a major fake input tax credit (ITC) racket being operated by a 28 year-old Chartered Accountant based at Guntur.

Form GSTR-3B Due dates – October 2020 to March 2021

December 4, 2020 25272 Views 1 comment Print

Due dates for filing of Form GSTR-3B for the Tax Periods from October, 2020 till March, 2021 1. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No. 82/2020 – Central Tax, dated 11th Nov., 2020, has added sub rule (6) to Rule 61 of the Central Goods and Services Tax Rules, […]

24×7 Availability of Real Time Gross Settlement (RTGS) System

December 4, 2020 1296 Views 0 comment Print

i. RTGS shall be available for customer and inter-bank transactions round the clock, except for the interval between ‘end-of-day’ and ‘start-of-day’ processes, whose timings would be duly broadcasted through the RTGS system.

CBDT releases Answer to 34 FAQs on Vivad se Vishwas

December 4, 2020 26418 Views 1 comment Print

Circular No. 21/2020 is being issued in continuation of circular dated 22nd April, 2020 (which covered Q. no, I – 55) under section 10 and 11 of the Vivad se Vishwas to provide answers to 34 more FAQs (Q. no. 56 – 89).

RBI keeps Repo rate unchanged- Read Monetary Policy & Statement

December 4, 2020 1059 Views 0 comment Print

This post contains three press release by RBI Dated Dec 04, 2020 with following subject lines- 1. Monetary Policy Statement, 2020-21 Resolution of the Monetary Policy Committee (MPC) December 2-4, 2020 2. Statement on Developmental and Regulatory Policies 3. Governor’s Statement, December 4, 2020 Reserve Bank of India Date : Dec 04, 2020 Monetary Policy Statement, […]

Footwear made from Leather and other materials (Quality Control) Amendment Order, 2020

December 4, 2020 1434 Views 0 comment Print

(1) This Order may be called the Footwear made from Leather and other materials (Quality Control) Amendment Order, 2020. (2) It shall come into force from the date of its publication in the Official Gazette.

Footwear made from all-Rubber and all Polymeric material and its components (Quality Control) Amendment Order, 2020

December 4, 2020 1056 Views 0 comment Print

(1) This Order may be called the Footwear made from all-Rubber and all Polymeric material and its components (Quality Control) Amendment Order, 2020. (2) It shall come into force from the date of its publication in the Official Gazette.

Personal Protective Equipment – Footwear (Quality Control) Amendment Order, 2020

December 4, 2020 714 Views 0 comment Print

(1) This Order may be called the Personal Protective Equipment – Footwear (Quality Control) Amendment Order, 2020. (2) It shall come into force from the date of its publication in the Official Gazette.

Draft Commercial Paper and Non-Convertible Debentures (Reserve Bank) Directions, 2020

December 4, 2020 2424 Views 0 comment Print

Reserve Bank of India hereby issues the Draft Commercial Paper and Non-Convertible Debentures (Reserve Bank) Directions, 2020 to all the persons/agencies dealing in Commercial Papers and Non-Convertible Debentures as defined in these Directions.

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