Category: Updates
A summary of the key points in the recent GSTN advisory regarding the requirement for taxpayers to reverse input tax credit under CGST Rule 37A by 30th November, 2023.
The Directorate General of Foreign Trade (DGFT) has launched an upgraded eBRC system in India to facilitate exporter self-certification. This post summarizes its key features.
Punjab government has introduced a one-time settlement scheme for recovery of outstanding VAT, CST, GST dues up to Rs 1 cr where assessments done till 31 March 2023. Know …
GSTN issues advisory on amnesty scheme provisions and procedures for taxpayers who missed GST appeal filing deadline against orders passed before March 31, 2023.
The Institute of Chartered Accountants of India (ICAI) recently announced some key changes in the empanelment norms for Chartered Accountant (CA) firms by the Office of the Comptroller and …
MCA Notifies LLP SBO Rules 2023 to introduce a robust framework for LLPs to identify and document their ultimate beneficial ownership structures.
NIC recommends using both 'Get GSTIN Details' and 'Get TRANSIN Details' APIs to verify all transporter ID types in e-waybills - GST registered, enrolled, and common enrolled. Search 'Transporters' …
CBDT instructions regarding revision of timeline and monetary limits for withholding tax refunds under Section 245 of the Income Tax Act
Explore the new requirement of 2FA for accessing e-Way Bill and e-Invoice System by taxpayers with AATO above Rs 20 cr from November 20, 2023.
GSTN Advisory about newly introduced biometric Aadhaar-based authentication and verification procedure for GST registration applicants in Puducherry and Gujarat.