CAclubindia News

GSTN issues Advisory on DRC-01C Compliance for ITC Discrepancies

06 October 2023 at 08:54

Advisory in respect of introduction of Compliance Pertaining to DRC-01C (Difference in Input Tax Credit (ITC) available in GSTR-2B & ITC claimed in the GSTR-R3B)

Posted in GST | 21564 Views

CBDT Gears Up for Special Campaign 3.0 Swachhata Goals

06 October 2023 at 08:53

CBDT builds momentum to achieve Special Campaign 3.0 Swachhata targets

Posted in Income Tax | 5268 Views

Online Gaming Firms Offer Cashbacks Amid GST Challenges, Consolidation Looms

06 October 2023 at 08:51

In response to the new Goods and Services Tax (GST) regime in India, online gaming companies are taking creative measures to prevent customer loss.

Posted in GST | 5541 Views

ICAI Extends MEF 2023-24 Submission Deadline to 21st Oct

05 October 2023 at 11:40

Considering the requests received from the members for an extension of the last date for submitting the MEF due to tax audit period and subsequent public holidays, it has been decided to extend the last date for submitting the Form to 21st October 2023.

Posted in Professional Resource | 8364 Views

RBI appoints Shri Muneesh Kapur as new Executive Director

05 October 2023 at 08:44

The Reserve Bank of India (RBI) has appointed Shri Muneesh Kapur as Executive Director (ED) with effect from October 3, 2023.

Posted in Others | 4797 Views

GST Council Mulls Lowering GST Rate for Visually Impaired on Vehicles

05 October 2023 at 08:42

In an upcoming meeting scheduled for October 7, the Goods and Services Tax (GST) Council is set to deliberate on the possibility of reducing the existing 28 percent GST rate on motor vehicles purchased by visually impaired individuals.

Posted in GST | 4743 Views

Indian Companies Grapple with GST Notices Over Overseas Deputed Staff Salaries

05 October 2023 at 08:41

In a recent turn of events, several Indian companies have found themselves entangled in a web of GST demand notices, particularly concerning cases where overseas employees have been deputed to work in India.

Posted in GST | 6375 Views

DGGI Mumbai Zone Issues Massive GST Notices to Dream11 and Play Games 24/7

05 October 2023 at 08:40

In a startling development, the Directorate General of Goods and Services Tax Intelligence (DGGI) Mumbai Zone has reportedly issued a hefty notice amounting to a staggering Rs 28,000 crore to the prominent online gaming company, Dream11.

Posted in GST | 7938 Views

Bajaj Allianz Faces Rs 1,010 Crore GST Demand Notice for Premiums

04 October 2023 at 09:00

Bajaj Allianz General Insurance Company Limited, a prominent player in the insurance sector, has been served with a substantial Goods and Services Tax (GST) demand notice amounting to ₹1,010 crore

Posted in GST | 15843 Views

Meesho Welcomes Non-GST Sellers to Reshape E-commerce

04 October 2023 at 08:58

In a game-changing move, Meesho, the E-commerce unicorn, has officially thrown open its platform to sellers without a Goods and Services Tax (GST) registration, effective from October 1, 2023.

Posted in GST | 11580 Views