CAclubindia News

Important changes notified as per CGST (Fifth Amendment) Rules, 2022

29 December 2022 at 08:34

The Central Board of Indirect Taxes and Customs (CBIC) has notified the Central Goods and Services Tax (Fifth Amendment) Rules, 2022, on the recommendations of the 48th GST Council Meeting.

Posted in GST | 10770 Views

PAN-linked mobile and e-mail address to be captured in Form GST REG-01 & OTP-based verification to be conducted at the time of registration

28 December 2022 at 09:02

PAN-linked mobile number and e-mail address to be captured and recorded in FORM GST REG-01 and OTP-based verification to be conducted at the time of registration on such PAN-linked mobile number

Posted in GST | 7605 Views

Clarification to deal with difference in ITC availed in Form GSTR-3B and GSTR-2A for FY 2017-18 and 2018-19

28 December 2022 at 08:59

The CBIC vide Circular No. 183/15/2022-GST dated December 27, 2022 has issued a clarification to deal with the difference in ITC availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19.

Posted in GST | 9285 Views

Clarification on entitlement of ITC where place of supply is determined in terms of proviso to Sec 12(8) of IGST Act

28 December 2022 at 08:58

The CBIC vide Circular No. 184/16/2022-GST dated December 27, 2022 has issued a clarification on the entitlement of ITC where the place of supply is determined in terms of the proviso

Posted in GST | 5139 Views

Clarification w.r.t applicability of provisions of Sec 75(2) of CGST Act 2017 and its effect on limitation

28 December 2022 at 08:57

The CBIC vide Circular No. 185/17/2022-GST dated December 27, 2022 issued a clarification with regard to the applicability of provisions of section 75(2) of the Central Goods and Services Tax Act, 2017 ("the CGST Act") and its effect on limitation.

Posted in GST | 3408 Views

CBIC issued clarification on various issues pertaining to GST

28 December 2022 at 08:56

The CBIC vide Circular No. 186/18/2022-GST dated December 27, 2022 issued a clarification on various issues pertaining to Goods and Services Tax

Posted in GST | 3210 Views

Clarification regarding treatment of statutory dues under GST law in respect of taxpayers for whom proceedings have been finalised under IBC 2016

28 December 2022 at 08:55

The CBIC vide Circular No. 187/19/2022-GST dated December 27, 2022 issued a clarification regarding the treatment of statutory dues under GST law

Posted in GST | 2811 Views

CBIC | Prescribing manner of filing an application for refund by unregistered persons

28 December 2022 at 08:55

The CBIC issued Circular No. 188/20/2022-GST dated December 27, 2022 regarding the Prescribing manner of filing an application for refund by unregistered persons.

Posted in GST | 2904 Views

CBIC: No proposal to reduce E-invoicing threshold limit to Rs 5 crore w.e.f 1st Jan 2023

27 December 2022 at 08:43

As per the recent tweet by the CBIC, started that Some news reports have appeared in media today suggesting that though GST Council has recommended reducing threshold for generation of e-invoice to Rs.5 cr w.e.f. January 01, 2023

Posted in GST | 9102 Views

MSME Ministry clarifies of not receiving any request from cost and management accountants to conduct financial audit of MSMEs

27 December 2022 at 08:43

MSME Ministry informed Parliament on Thursday that the MSME Ministry has not received any request from the cost accountants' institute to allow cost and management accountants to conduct financial audit of micro, small and medium enterprises.

Posted in Corporate Law | 2 comments | 6306 Views