GSTR-3B Due Date (Jan. 2019) Extended from 20 Feb. to 22 Feb. 2019
CBIC has notified that the due date/ deadline for filing of GSTR-3B for the month of Jan. 2019 has been extended from 20 Feb. 2019 to 22 Feb. 2019 …
Revised All Industry Duty Drawback (DBK) Rates Schedule (2018-19) notified by CBIC
CBIC has notified the Revised All Industry Duty Drawback Rates Schedule for 2018-19 applicable w.e.f. 19 Dec. 2018, vide Notification No. 95/2018 Customs (NT) dt. 6 Dec. 2018, in …
Revised Scheme for External Credit Transfer of B.Com (A&F) under ICAI-IGNOU Joint Programme
ICAI has announced the revised 'external credit transfer scheme' for students those who have joined normal B.Com course and have been dropped out of specialised course B.Com (A&F), a …
Updates on 33rd GST Council Meeting (dt. 20 Feb. 2019): Adjourned to 24th Feb. 2019
As per new reports, the 33rd meeting of the GST Council has been adjourned, in view of demand of certain states to have physical meeting instead of video conference. …
Draft Revised ESI Contribution Rates (Employer 4%, Employee 1%)
Ministry of Labour and Employment, Govt. of India has notified the draft revised/ reduced rates of ESI Contribution in respect of Employer Contribution (existing rate 4.75% - proposed rate …
Report Inter-State supplies to unregistered persons in GSTR-3B/ GSTR–1: CBIC Clarification
CBIC has reiterated/ clarified that registered persons making inter-State supplies to unregistered persons shall report the details of such supplies along with the place of supply in Table 3.2 of FORM GSTR-3B …
Tax Invoice for Inter-state Supply to indicate Place of Supply/ State in Tax Invoice: CBIC Clarification
CBIC has reiterated/ clarified that registered persons (especially in the banking, insurance, telecom, etc. sectors) are required to indicate the place of supply along with the name of the State in …
CBIC Clarification on Payment of CGST/ SGST instead of IGST on Supply of Warehoused Goods
CBIC clarifies that where taxpayers have paid CGST/ SGST on supply of warehoused goods while depositing in custom bonded warehouse during July 2017 to March 2018 (treating such supplies …
Govt. Imposes 200% Customs Duty on Imports from Pakistan: CBIC Notification
CBIC has notified that Govt. has imposed basic custom duty of 200% on all imports from Pakistan by inserting a new tariff item '9806 00 00' in chapter 98 …
ICAI Withdraws Clarification on Applicability of ‘Rotation Principles’ for a Company u/s 139 of CA 2013
ICAI has withdrawn its Clarification dt. 29 Jan. 2019 on 'whether Rotation Principles are Applicable for a company which ceases to fall under purview of Section 139 of the …