GST TCS Liability in Case of Multiple ECOs in One Transaction (ONDC): CBIC Clarification
Gain a clear understanding of TCS liability under Section 52 of CGST Act when multiple E-commerce Operators are involved. Read CBIC's circular.
Author: CA Abhinav Aggarwal
Handling ITC Differences in GSTR-3B & 2A: CBIC Clarification
Learn how to manage Input Tax Credit (ITC) differences between FORM GSTR-3B and 2A during 01/04/2019 to 31/12/2021, as per CBIC clarification Circular 193/05/2023.
Interest on Wrong Availment of IGST Credit: CBIC Clarification
CBIC clears the confusion around interest charges for wrong IGST credit under GST. Stay compliant and understand the rules to avoid penalties. Read now.
Merger of Multiple User IDs of ICAI Members in V2 & V3 MCA Portals
Say goodbye to unnecessary user IDs. Deactivate redundant IDs on the MCA21 V2 portal and create a fresh user ID for seamless access to MCA21 V3.
Recommendations of 50th GST Council Meeting: Highlights
Discover the latest recommendations from the 50th GST Council meeting, including tax changes, exemptions and measures for simplified compliance. Stay updated with the key decisions shaping the GST landscape.
CBDT Extends 26Q, 27Q & 27EQ Deadlines (Q1 of FY 2023-24)
CBDT has extended the deadline for submission of TDS/TCS statement in Forms 26Q, 27Q and 27EQ in respect of Q1 of FY 2023-24 providing relief to taxpayers.
Second Phase of Peer Review now Mandatory from July 1, 2023: ICAI
The Institute of Chartered Accountants of India has announced that the second phase of Peer Review Mandate is now mandatory from July 1, 2023.
ICAI mandates Phase II of Peer Review from 01/04/2023
ICAI has mandated Phase I (beginning on April 1, 2022) and Phase II (beginning on April 1, 2023) for obtaining a peer review certificate by the relevant practise units.