15 Apr Indian Government Considers Extending Support Program for Exporters
The Ministry of Commerce in India is looking to recommend a five-year renewal of a program that helps exporters....
The Ministry of Commerce in India is looking to recommend a five-year renewal of a program that helps exporters....
The GSTN has released an important Advisory No. 630 dated April 09, 2024, regarding the automatic population of HSN-wise summaries from e-Invoices into Table 12 of GSTR-1....
Beginning this fiscal year, there will be a collaborative effort between Central and State Goods and Services Tax (GST) authorities to conduct audits within the indirect tax framework....
In a recent update to the GSTR-1 filing system, a new functionality has been added to "Table 12 - HSN wise summary of outward supplies" specifically aimed at taxpayers who generate e-invoices....
The Reserve Bank of India (RBI) has announced an extension of the deadline for implementing rules regarding exchange-traded forex derivatives to May 3, extending it from the previous deadline of April 5....
The Department of Revenue has issued directives to CGST officials regarding the initiation of investigations into cases involving prominent industrial entities and multinational corporations (MNCs)....
In the legal case of Supreme Enterprises versus Principal Commissioner of Goods and Service Tax, North Delhi, the Delhi High Court recently deliberated on the matter of retroactively canceling GST registration....
In the matter of M. Venkataraj versus Assistant Commissioner (ST) [W.P. No. 18949 of 2023 dated November 8, 2023], the Honorable Madras High Court instructed the Revenue Department to address the rectification application submitted by the Petitioner within a timeframe of three months from the...
The Delhi High Court, in the case of M/s. Friends Media Add Company vs. Principal Commissioner of Goods and Service Tax [W.P.(C) No. 1260 of 2024 dated February 12, 2024], altered the GST cancellation ruling to apply prospectively from the date of the show cause...
The Institute of Chartered Accountants of India (ICAI) has extended the applicability of the Peer Review Mandate for Chartered Accountant (CA) firms covered under Phase II & III. This revision aims to ensure adherence to enhanced quality standards within the profession....
Agree