Data for Import of Goods GSTR-2A Taxpayers can now view their bill of entries data which is received by the GST System (GSTN) from Indian Customs Electronic Gateway (ICEGATE) System (Customs). Two new tables have been inserted in GSTR-2A for displaying details of Import of…
Ministry of Corporate Affairs vide Notification No. G.S.R. 538(E) dated 28th August 2020 amended Rule 12 Sub Rule (1) of Companies (Management and Administration) Rules, 2014. The amendment states that: “Provided that a company shall not be required to attach the extract of the annual return…
ABOUT PROCESS Provisions relating to Aadhaar authentication for the purposes of grant of registrations to new GST registrants was approved in the 39th GST Council meeting held on March 14, 2020. However, the implementation of the same was postponed considering the lockdown situation on account…
BACKGROUND Audit under indirect tax laws is not a new concept. This concept of audit was also existing in the erstwhile Central Excise laws, State level VAT laws and Service tax laws. Audit is a tool available to the tax department to review and verify…
MCA Amended the Schedule VII of the Companies Act 2013 MCA vide notification No. G.S.R. 525(E) dated 24th August, 2020 amended the Schedule VII of the Companies Act 2013. The notification stated that: In the said Schedule, for item (ix) and the entries thereto, the…
Full Text of the Notification "In exercise of the powers conferred by sub-section (2) of section 1 of the Finance (No. 2) Act, 2019 (23 of 2019), the Central Government hereby appoints the 1st day of September, 2020, as the date on which the provisions…
NOTIFICATIONS CGST Rules, 2017 have been amended to provide for physical verification of business premises for grant of registration where Aadhaar number is not authenticated Amendments have been made in Rule 8, Rule 9 and Rule 25 of the CGST Rules, 2017 to bring in…
About Table 8A Table 8A of Form GSTR 9 is populated on basis of documents in filed Form GSTR-1 or Form GSTR-5 of the supplier. Thus, all documents which are present in GSTR-2A (Table 3 & 5), will not be available here, as documents which are in…