CAclubindia News


GST e-invoice system incorporates new validations for all B2B transactions

   31 January 2023 at 08:40

GST e-invoice System has issued an Update dated January 30, 2023 on new validations incorporated for all B2B transactions, selection of PoS State Code as '96-Other Country' is enabled for HSN related to Services by way of transportation of goods.

Posted in GST |   11094 Views


4 persons arrested for Rs 48 crore GST fraud in Jalandhar

   31 January 2023 at 08:39

In a major operation against tax evaders, the GST wing of the Taxation Department, Punjab, on Monday arrested four persons for a fraud of Rs 48 crore from Jalandhar.

Posted in GST |   6126 Views


Adani releases 413 pages rebuttal to Hindenburg report

   30 January 2023 at 08:34

In a 413-page response, Adani Group said the report was driven by "an ulterior motive" to "create a false market" to allow the US firm to make financial gains.

Posted in Professional Resource |   10560 Views


UP street vendor charged with Rs 366 crore GST fraud

   30 January 2023 at 08:32

UP street vendor who makes ends meet by selling clothes on the streets of Muzaffarnagar with a turnover of roughly Rs 500 per day was shocked to find GST officials knocking on his door and charged with amassing Rs 366 crore through tax fraud.

Posted in GST |   3300 Views


GST Portal will soon allow negative values in Table 4 of GSTR-3B

   28 January 2023 at 08:39

GSTN will soon allow negative values in Table 4 of GSTR-3B, allowing users to show the net off credit notes values in Table 4A which will make Table 8 of the GSTR-9 comparison consistent as per the Release Notes.

Posted in GST |   9918 Views


CBIC celebrates International Customs Day, 2023

   28 January 2023 at 08:39

The Central Board of Indirect Taxes and Customs (CBIC) and all its field formations observed the International Customs Day, 2023 today.

Posted in Custom |   2886 Views


MCA 21 Version 3- LLP filing and Company Filing for 56 Forms

   27 January 2023 at 08:44

MCA 21 Version 3- LLP filing and Company Filing for 56 Forms– Issues/ Feedback (If any)- Initiative of the Corporate Laws & Corporate Governance Committee of ICAI

Posted in Corporate Law |   13497 Views


Final stage of Union Budget 2023-24 commences with Halwa Ceremony

   27 January 2023 at 08:42

The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held in North Block, in the presence of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman

Posted in Union Budget |   4806 Views


Launch of New GST Reports in ADVAIT

   25 January 2023 at 08:39

The Directorate General of Systems & Data Management has issued an Update dated January 05, 2023 regarding the launch of New GST Reports in the Advanced Analytics in Indirect Taxation ("ADVAIT").

Posted in GST |   11541 Views


ICAI launched Practice Management Software for CA Practitioners & CA Firms

   24 January 2023 at 08:51

On 21st January 2023, ICAI launched a free software in relation to task management or office management for its members in practice.

Posted in Professional Resource |   24033 Views