By: AdminDate: September 04, 2024Categories: Customs Updates | Important NewsRead Time: 4 Min The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 20/2024-Customs on September 03,…
CBIC Issues New Circular on Automation in Customs for EOUs
By: AdminDate: September 04, 2024Categories: Customs Updates | Important NewsRead Time: 4 Min CBIC Introduces Automation for EOUs On September 4, 2024, the Central Board of Indirect Taxes and Customs…
Allahabad High Court Ruling: Tax Invoices, E-way Bills, and Goods Receipts Insufficient for ITC Claim
By: AdminDate: September 04, 2024Categories: GST Case Law | Important NewsRead Time: 4 Min In a significant ruling, the Hon’ble Allahabad High Court in the case of M/s Anil Rice…
GST Applicability on Professional Services to BWSSB: AAR Karnataka Ruling
By: AdminDate: September 04, 2024Categories: GST Case Law | Important NewsRead Time: 4 Min AAR Ruling on GST Exemption for Professional Services The Authority for Advance Rulings (AAR), Karnataka, recently…
GSTN Issues Advisory on Reporting Supplies to Unregistered Dealers in GSTR-1 and GSTR-5
By: AdminDate: September 04, 2024Categories: GST Portal Updates | Important NewsRead Time: 4 Min GSTN Advisory on Reporting Supplies to Unregistered Dealers On September 3, 2024, the Goods and Services…
HC Directs Department to Consider Data in GSTR-9 Not Reported in GSTR-1 and GSTR-3B
By: AdminDate: September 03, 2024Categories: Important PronouncementsRead Time: 4 Min Calcutta High Court Directs Consideration of GSTR-9 Data The Hon'ble Calcutta High Court, in the case of Ankit Kumar Aggarwal…
Not Applicable on Recovery of Joining Bonus, Retention Bonus, WFH Allowance, and TAP Expenses
By: AdminDate: September 03, 2024Categories: Advance Ruling-NewRead Time: 4 Min The AAR Karnataka, in the case of In re., M/s. Fidelity Information Services India (P.) Ltd. [Advance Ruling No. KAR/ADRG/31/2024…
Related-Party Transactions May Be Excluded from GST Ambit
By: Admin | August 29, 2024 | Categories: GST Recent News | 4 Min Read The Indian government is considering excluding related-party transactions from the ambit of Goods and Services…
Central GST Audit Commissionerate Detects ₹1,040 Crore Tax Evasion in Andhra Pradesh Till July, Says offical
By: Admin | August 27, 2024 | Categories: GST Recent News | 4 Min Read The Central GST Audit Commissionerate in Andhra Pradesh has uncovered tax evasion totaling ₹1,040 crore…
Attention, GST Taxpayers! Mandatory Bank Account Details Required from September 1
By: Admin | August 27, 2024 | Categories: GST Recent News | 4 Min Read Starting September 1, 2024, GST taxpayers must furnish valid bank account details to file their…