CAclubindia News

Moody upgrades Sovereign Credit Rating of India to Baa2 from Baa3

Moody's Investors Service ("Moody's") has upgraded the Government of India's local and foreign currency issuer ratings to Baa2 from Baa3 and changed the outlook on the rating to stable from positive. India’s rating has bee

FAQs on Ethical Issues relating to GST by ICAI

Q1. Whether a member in practice can engage as GST practitioner?A. Yes, a member in practice can engage as GST practitioner , as theactivities to be performed by GST practitioner mentioned in CGSTAct, 2017 read with CGST Rules, 2017 are within the pu

Cabinet approves the establishment of the National Anti profiteering Authority under GST

The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for the creation of the posts of Chairman and Technical Members of the National Anti-profiteering Authority (NAA) under GST, following up immediately on yesterday

GST Rate Changes Come into effect on 178 items

GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods In the 23rd meeting held on the 10th November, 2017, the GST Council had recommended maj

Locate GST Practitioners on GST portal

Report on Audit Quality Review

AnnouncementReport on Audit Quality Review (2016-17) of the Quality Review Board1. Government of India has, in exercise of the powers conferred under Section 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board (the �B

Notification issued of changes in 23rd GST council meeting

Notification issued post 23rd Council Meeting held on 10th Nov 2017CGST Notifications :Notification No. 47/2017-Central Tax (Rate) ,dt. 14-11-2017Seeks to amend notification No. 12/2017-CT(R) so as to extend exemption to admission to �protected

Accepting of UIN instead of GST number for Foreign missions

Accepting of Unique Identity Number of Foreign Diplomatic Missions / UN Organizations while making sales or supplies Various representations have been received from Foreign Diplomatic Missions / UN Organizations regarding unwillingness of the vendors

Exemption from IGST on import of specific sports goods

In a major impetus to promoting sports in the country, the GST Council in its 23rd meeting held at Guwahati on 10th November, 2017, has exempted the import of specific sports goods by sports persons of outstanding eminence from the ambit of Integrate

ICSI along with NSD council to develop GST Accounts Assistant

Dear Students,Sub: ICSI and National Skill Development Council enter into MoU to Develop GST Accounts AssistantsThe Hon’ble Prime Minister of India, Shri Narendra Modi, while inaugurating Year-Long Golden Jubilee Celebrations of the ICSI on 4th