Implementation of atleast 6 digit HSN in e-Invoices and e-Waybills has been deferred. Refer Following notification NOTIFICATION NO. 78/2020 – CENTRAL TAX [G.S.R. 638(E)] [F. NO. CBEC-20/06/09/2019-GST], DATED 15-10-2020 In exercise of the powers conferred by the first proviso to rule 46 of the Central Goods and Services Tax Rules, 2017, the Central Board of… Read More »
Members & Students Services (Grievances Handling and e-Sahaayataa) Directorate The Institute of Chartered Accountants of India 30th September, 2023 Important Announcement Extension of last date for payment of Membership /COP fee for the year 2023-24 to 31st October, 2023. The Council of ICAI has decided to extend the last date for payment of Membership/ COP… Read More »
red Accountants of India 23rd September, 2023 ICAI invites suggestions for Pre-Budget Memorandum-2024 The Direct Taxes Committee of ICAI is in the process of identifying issues for inclusion in the Pre-Budget Memoranda – 2024 to be submitted to the Ministry of Finance. Suggestions under the following heads are invited on laws relating to Direct Taxes… Read More »
Date : Sep 30, 2023 ₹2000 Denomination Banknotes – Withdrawal from Circulation – Review The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. In order to complete the exercise in a time bound manner and to provide adequate time to members of the… Read More »
RBI/2023-24/64 DCM(Plg) No. S-1288/10.27.00/2023-24 September 30, 2023 The Chairman / Managing Director / Chief Executive Officer All Banks Madam / Dear Sir, ₹2000 Denomination Banknotes – Withdrawal from Circulation – Review A reference is invited to our circulars DCM(Plg)No.S-236/10.27.00/2023-24 dated May 19, 2023 and DCM(Plg)No.S-239/10.27.00/2023-24 dated May 22, 2023 on the subject. 2. Of the total value of ₹3.56… Read More »
NEW GST CHANGES from 1st oct 2023 I New Notifications I GST Invoice I Online Gaming ICA Satbir Singh
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 29th September, 2023 No. 11/2023- Central Tax (Rate) G.S.R. 711(E).—In exercise of the powers conferred by sub-section (1) of section 9 and sub-section (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations… Read More »
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 29th September, 2023 No. 48/2023 – Central Tax G.S.R. 704(E).— In exercise of the powers conferred by sub-section (2) of section 1 of the Central Goods and Services Tax (Amendment) Act, 2023 (30 of 2023), the Central Government… Read More »
MINISTRY OF FINANCE (Department of Revenue) [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 29th September, 2023 INCOME-TAX G.S.R.702(E).—In exercise of the powers conferred by sub-section (5) of section 115BAE, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further… Read More »
The Goods and Services Tax (GST) authorities across the country have sent out several thousands of notices claiming shortfalls in payment of tax for FY18. The deadline to issue notices is September 30 and the taxpayers have been given 30 days to respond to these automated notices. These notices largely pertain to mismatches in GST… Read More »