New Foreign Trade Policy likely to include a chapter on ecommerce exports
The new Foreign Trade Policy is likely to focus on encouraging exports through e-commerce as also identifying districts as export […]
News
GST Recent News, Important News
GSTN issued FAQ’s on the Quarterly Return Monthly Payment of Taxes (QRMP) Scheme
The Goods and Services Tax Network (GSTN) has issued frequently asked questions (FAQ’s) on the Quarterly Return Monthly Payment of Taxes (QRMP)
GST Recent News, News
More run-ins likely over FY22 GST compensation
Unresolved questions about goods and services tax (GST) compensation to states for the next fiscal year are expected to generate
GST Recent News, News
RoDTEP scheme: Low outlay to hurt revival of exports
The government has budgeted only Rs 13,000 crore for a scheme that is supposed to reimburse embedded levies paid on
GST Recent News, News
Budget 2021: Removing GST audit will be retrograde step, ICAI tells govt
The CA Institute has knocked the doors of the Prime Minister’s Office and the Finance Minister seeking a withdrawal of
GST Recent News, News
GST frauds: ICAI initiates disciplinary action against 25 CAs
Chartered accountants apex body ICAI has initiated disciplinary action against 25 of its members for their alleged involvement in frauds
Important News, News
CBDT has issued refunds of over Rs. 1,91,015 crore to more than 1.87 crore taxpayers between April 01, 2020 to February 08, 2021
As per the recent tweet of Income Tax India, the CBDT issues refunds of over Rs. 1,91,015 crore to more
Notification And Circular, Notification and Circular
CBIC issued instructions regarding procedures to be followed during Search Operation
CBIC issued Instructions No. 01/2020-21 [GST-Investigation] dated February 02, 2021 regarding procedures to be followed during Search Operation. Specific instances have come
Important Pronouncements
Order cancelling GST registration quashed by HC for being passed without issuing Show Cause Notice
The Hon’ble High Court of Gujarat in Syed Jafar Abbas v. Commercial Tax Officer [R/Special Civil Application No. 14423 of
GST Recent News, Important News
GSTN has reintroduced the option to file Table 6A of Form GSTR-1 separately
The Goods and Services Tax Network (GSTN) has reintroduced the option to file Table 6A of Form GSTR-1 separately. Table