Daily Archives: November 13, 2024

Advisory on IMS on Supplier View on GST Portal

By | November 13, 2024

Advisory on IMS on Supplier View Nov 13th, 2024 1.  Invoice Management System (IMS) has been made available on the GST Portal from 14th October, 2024 wherein the recipient taxpayer can accept, reject or keep the invoices pending which are saved/filed by their suppliers in their respective GSTR-1/1A/IFF. This is to further inform you that the… Read More »

Category: GST

ICAI announces revised classification criteria of Non-Company Entities for the applicability of Accounting Standards

By | November 13, 2024

ICAI announces revised classification criteria of Non-Company Entities for the applicability of Accounting Standards The Institute of Chartered Accountants of India (ICAI) recently released a major update, revising the classification criteria for Non-Company Entities (NCEs) under the Accounting Standards framework. This revision simplifies the existing structure by consolidating the previous four levels (Level I to… Read More »