Author: Kewal Garg
The Institute of Chartered Accountants of India (ICAI) has introduced the “Know Your Member (KYM)” Form, which must be submitted annually by all active members via the Self-Service Portal …
Discover if home-based professionals like management consultants, CAs and architects can get GST registration. Get clarity from the Minister of State for Finance.
The e-Verification Scheme 2021 by the Income Tax Department is an initiative to facilitate voluntary compliance and promote transparency. This article explains how the scheme works, its benefits, and …
CBIC issues instruction to clarify the implementation of origin procedures under the India-Australia Economic Cooperation and Trade Agreement, including the recognition of electronic certificates of origin and defacement procedures.
Foreign tourists may soon be able to get GST refunds in respect of their shopping of goods and services in India, as the government is working on procedures and …
The ICAI has released a comprehensive Implementation Guide in the form of FAQs to help auditors obtain and handle written representations in compliance with SA 580. Read on to …
Learn about the changes to the new RSP based GST compensation cess rates on pan masala and tobacco products, effective April 1, 2023.
The CBIC has lowered the tax rates for pencil sharpeners and pre-packaged and labelled Rab from 18% to 12% and 5%, respectively, effective March 1, 2023.
CBIC has amended its notifications to apply GST dispensation under RCM to courts and tribunals in India for commercial services like renting premises to telecommunication companies and renting chambers …
The Central Board of Indirect Taxes and Customs (CBIC) has announced a reduction in the Goods and Services Tax (GST) rate for “Rab” sold without packaging and labelling from …