Union Finance Minister Smt. Nirmala Sitharaman chairs review meeting with Central Board of Indirect Taxes & Customs (CBIC) Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired a review meeting with Central Board of Indirect Taxes & Customs (CBIC), here on 29.04.2023. The review meeting was attended by the Revenue Secretary; Chairman, CBIC… Read More »
New facility to verify document Reference Number (RFN) mentioned on offline communications issued by State GST authorities 28/04/2023 The GST portal (“System”) generates various documents, such as notices/ orders, etc which are communicated to the taxpayer. Most such documents have a system-generated unique identifier DIN (Document Identification Number)/ RFN (Reference Number). These documents, by virtue… Read More »
Advisory on Bank Account Validation 24/04/2023 GSTN is pleased to inform you that the functionality for bank account validation is now integrated with the GST System. This feature is introduced to ensure that the bank accounts provided by the Tax Payer is correct. The bank account validation status can be seen under the Dashboard→My Profile→Bank… Read More »
Members & Students Services (Grievances Handling and e-Sahaayataa) Directorate The Institute of Chartered Accountants of India 17th April, 2023 Announcement Extension of last date for updation of Member’s Profile with GSTIN at Self Service Portal – Till 23rd April, 2023 This is in continuation of our Announcement dated 1st April, 2023 regarding updation of Member’s… Read More »
Taxmann’s How to Deal with GST Show Cause Notices – Demonstrates how to deal with GST SCNs with the help of various do’s & don’ts, checklists, templatized answers, etc. | Finance Act 2023 Paperback – 13 April 2023 Buy Online Click here This book effectively demonstrates how to deal with various types of GST Show… Read More »
Perishable goods if not sold within 15 days will not become non Perishable goods , not to be relased under GST : High Court HIGH COURT OF ALLAHABAD Adarsh Tobacco Co. v. State of U.P. ASHWANI KUMAR MISHRA AND VINOD DIWAKAR, JJ. WRIT TAX NO. – 1403 OF 2022 MARCH 17, 2023 Manish Gupta, Arjit Gupta and Naveen Chandra Gupta for… Read More »
Updated Advisory: Time limit for Reporting Invoices on the IRP Portal 13/04/2023 Dear Taxpayers, 1. It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores. 2. To… Read More »
Model All India GST Audit Manual, 2023 The Model All India GST Audit Manual, 2023 is released which is prepared by Committee of Officers on GST Audits. The guidelines provided in the manual are intended to enable audit officers to carry out effective audits in a uniform, efficient and comprehensive manner adopting the best practices… Read More »
Advisory: Time limit for Reporting Invoices on the IRP Portal 12/04/2023 Dear Taxpayers, 1. It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores. 2. To ensure… Read More »
New GST Extended LAST DATE 31ST DECEMBER 2023 I CA Satbir Singh The CBIC vide Notification No. 09/2023–Central Tax dated March 31, 2023, has extended the time limit specified under Section 73(10) of the CGST Act for issuance of orders under Section 73(9) of the CGST Act, for recovery of tax not paid or short paid or… Read More »