Top industrial demands for Union Budget 2022

Various industries continue to submit representations to the Union Ministry of Finance…

Budget Expectation: Would a New Reverse Charge Mechanism For Payments Ease Overall GST Compliance?

January 2022 has witnessed new amendments to the Goods and Services Tax…

CAIT urges Union FM to relax the mandatory GST registration for e-commerce

The Confederation of All India Traders (CAIT) has urged the Union Finance…

Gujarat HC orders release of vehicle and goods in transit confiscated for wrong route and under-valuation

The Gujarat High Court passed a verdict that goods in transit cannot…
GSTR-9

Budget 2022: ACMA Requests 18% Uniform GST Rate for Auto Parts

Auto components industry body Automotive Component Manufacturers Association (ACMA) urged the government…
GSTR-9

Tax Query: How Does the Newly Amended Section 16(2) Affect My Business’s ITC Claims?

1. How does the newly amended Section 16(2) of the CGST Act…

WB AAR has ruled that 1.5% GST must be charged from flat buyers except in one condition

West Bengal’s Authority of Advance Ruling (AAR) has issued a new ruling…

GST Officers to Provide Reasonable Time to Explain GSTR-1 & 3B Mismatches

The Central Board of Indirect Taxes and Customs (CBIC) has issued guidelines…

ICAI requests the government to bring back the annual GST audit rule

The Institute of Chartered Accountants of India (ICAI) has asked the Indian…

CBIC’s New Initiative to Enhance Revenue Collections

The Central Board of Indirect Taxes and Customs (CBIC) has started a…