ICAI’s Draft ‘CA Certificates under GST Law (SGST/ CGST Acts)’
The ICAI has issued a set of various draft 'CA Certificates under GST Law (SGST/ CGST Acts)', with a list of checkpoints to be reviewed by Chartered Accountants before …
Tag: Guidelines
ICAI’s Implementation Guide on Revised Audit Standards (SA 700, 705 and 706)
ICAI has issued revised edition 2018 of the "Implementation Guide on Reporting Standards (Revised Audit Standards - SA 700, 705 and 706)", in view of new formats of audit …
Recovery of Arrears of Excise Duty/ Service Tax/ Inadmissible Transitional Credit under GST: CBEC Clarification/ Procedure
CBEC (CBIC) has issued Clarifications for Uniform Procedure relating to recovery of arrears under the existing law (Central Excise Duty/ Service Tax ) and reversal of inadmissible Cenvat credit as …
ICAI’s Implementation Guide on SA-701 (Communicating Key Audit Matters in the Independent Auditor’s Report)
ICAI has issued an Implementation Guide on SA 701 (Communicating Key Audit Matters in the Independent Auditor’s Report)) for guidance of members in discharging their reporting responsibilities under this …
CBEC Clarifications on GST Returns (Rectification of GSTR-3B Errors, Late Fee, Due Date, etc.)
CBEC has issued clarifications on various FAQs/ aspects of GST returns filing, such as return filing due dates, applicability and quantum of late fee, amendment of errors in submitting / filing …
CBEC Guidelines on Manual filing of Advance Ruling Applications/ Appeals under GST
In view of unavailability of the requisite forms on the common portal, the CBEC has issued Guidelines relating to Manual filing of applications for Advance Ruling and appeals before …
Functionality for Online Change in PF Member’s Name, DOB, Gender for Seeding Aadhaar with UAN
In order to reduce paper work and time delays, the EPFO has introduced a new functionality on unified portal wherein a Member can give online request for Change/ Correction in …
CBEC Procedure for Manual Refund Claims of IGST paid for Zero-rated Supplies
Due to the non-availability of the refund module on the common portal, CBEC issues instructions/ procedure for manual processing of refund claim applications for integrated tax paid on account …
Procurement from DTA Units: Deemed Export Procedure for EOU/ EHTP/ STP/ BTP
The CBEC has prescribed procedure regarding procurement of goods from DTA units by Export Oriented Unit (EOU)/ Electronic Hardware Technology Park (EHTP) Unit/ Software Technology Park (STP) Unit/ Bio-Technology Parks (BTP) …
New IT Rules 10DA/ 10DB for TP Documentation Master File/ CbCR notified by CBDT
The CBDT has notified Income-tax (Twenty-fourth Amendment) Rules, 2017, applicable w.e.f. 31 Oct. 2017. New IT Rules 10DA and 10DB have been inserted along with new IT Forms 3CEAA, 3CEAB, 3CEAC, …