CBIC has reduced the e-invoicing limit to 5 crore from the current limit of 10 crore starting from 1st August 2023. Official copy of the notification has been mentioned below. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, …
Research Committee The Institute of Chartered Accountants of India 9th May, 2023 Short Term Research Studies – Call for Research Proposal by Research Committee (open around the year) Brochure Entry Form GUIDELINES FOR SHORT TERM RESEARCH STUDIES The Research proposals are invited from members of ICAI …
The job market can be tough for commerce students, especially those who are aspiring to become Chartered Accountants (CAs). With competition increasing every year, it’s important for CA aspirants to be prepared and equipped with the right job search strategies. Here are some tips that can …
In a move that is expected to help businesses as well as reduce litigation, a Model All India GST Audit Manual 2023 has been finalised for use by the Centre and state tax officials. The manual lays out standard principles for the selection of audit cases, …
The much-awaited clarity on online gaming tax rates is expected at the next meeting of the GST Council, which is likely next month. The council is also set to decide on revising the rates for millets and cement at the meeting. A council meeting in June …
It has been observed that some taxpayers faced difficulty in filing GSTR-3B of March 23’ period on 20th April 2023’. On analysing the reasons, it was noted that large number of taxpayers attempted to file GSTR-3B returns in the afternoon of the last day (20.05 lakhs …
The Anti-corruption wing of the Central Bureau of Investigation (CBI) on Friday booked Dhirendra Kumar, the Superintendent of Anti-Eviction Wing of Central GST, and two others for absconding with bribe money worth Rs 25 lakh. Dhirendra Kumar was based in Mumbai and took the bribe from …
Deferment of Implementation of Time Limit on Reporting Old e-Invoices Dear Taxpayers, It is to inform you that it has been decided by the competent authority to defer the imposition of time limit of 7 days on reporting old e-invoices on the e-invoice IRP portals for …
