GST return filings up from 60 percent two years ago to 85 percent
The Goods and Services Tax (GST) return filings have risen from 60 percent almost two years back to over 85 […]
GST Recent News
GST Portal Updates, GST Portal Updates, Important News
Regular taxpayers can opt for Composition Scheme for FY 2023-24; GSTN enabled functionality
The Goods and Services Tax Network (“GSTN”) has enabled the functionality for regular taxpayers can opt for the Composition Scheme
News
Centre working on implementing new Foreign Trade Policy from April 1, 2023
The Commerce and Industry Ministry is working on implementing the new Foreign Trade Policy (FTP) on April 1, 2023, with
Central Excise - 2023, News
Govt announces substantial hike in windfall tax on locally produced crude oil, diesel and ATF
The government on Friday announced a substantial hike in the windfall tax on crude oil and air turbine fuel (ATF)
GST Law, Important News
Gujarat Govt. issued ‘Model GST Audit Manual – 2022’ for officers to conduct GST audit
The Government of Gujarat, Department of State Tax has issued the ‘Model GST Audit Manual – 2022’ for the officers
CBIC, Important News
Importers and Exporters Take Note; Budget-related changes have been implemented in the Custom EDI System, and BoE filing services have been resumed
The Central Board of Indirect Taxes & Customs (“CBIC”) has issued an Update stating that the Importers and Exporters Take
GST Law, Important Pronouncements
Condoned the delay in period of limitation for filing the appeal by the assessee
The Hon’ble Gujarat High Court in the matter of M/s. Manjeet Cotton Pvt. Ltd. v. Commissioner of State Tax [R/Special
Important News, Income Tax
CBDT issued updated FAQs on e-Verification Scheme 2021
The Central Board of Direct Taxes (“CBDT”) has issued updated Frequently Asked Questions (“FAQs”) dated February 01, 2023 on e-Verification
Important Pronouncements, Income Tax Case Law
Information triggering the assessment/ reassessment proceedings must be furnished to the assessee
The Hon’ble Delhi High Court in Charu Chains and Jewels Pvt. Ltd. v. Assistant Commissioner of Income Tax [W. P.
GST Law, Important News
49th GST Council Meeting will be held at New Delhi on February 18, 2023
A recent tweet by the GST Council Official Twitter handle stated that the 49th meeting of the GST Council is