NEW CHANGE IN GST AND EWAY BILL FROM 1ST FEB 2024 & 1ST MARCH 2024 I GST LATEST UPDATE
NEW CHANGE IN GST AND EWAY BILL FROM 1ST FEB 2024 & 1ST MARCH 2024 I GST LATEST UPDATE
Daily Archives: January 5, 2024
Blocking of Eway bill without Einvoice from 1st March 2024 for B2B and B2E
Blocking the generation of E-Way Bill without e-Invoice/IRN details for B2B and B2E transactions for e-invoice enabled tax payers will be done from 1st March 2024. Background e-Invoice has been operationalised since October 2020 for the taxpayers with Annual Aggregate Turn Over (AATO) above Rs. 500 Crores and eventually in a phased manner, e-Invoice generation… Read More »
New change in Eway bill from 1st Feb 2024 , HSN CODE REPORTING
National Informatics Centre E-Way Bill System – Advisory on HSN Code (Dated: 05-01-2023) As per the notification No. 78/2020 –Central Tax, dated 15th October, 2020, it is necessary to provide at least 6 digit HSN code for all the B2B and Export transactions by the taxpayers whose Annual Aggregate Turnover (AATO) is more than Rs.… Read More »
NFRA imposed Rs 50 Lakh Penalty on CA for issuing wrong Certificate of Income Tax
NFRA imposed Rs 50 Lakh Penalty on CA for issuing wrong Certificate of Income Tax NFRA in its Order No. 01/2024, dated 03.01.2024 has fined a CA ₹50 Lakhs for lapses in issuing certificate to a listed company in Form 10DA with regard to the correctness of deduction claimed by it under section 80JJAA of… Read More »