No Restriction on GST Registration for Professionals Working from Home
Discover if home-based professionals like management consultants, CAs and architects can get GST registration. Get clarity from the Minister of State for Finance.
e-Verification Scheme Enhancing Voluntary Compliance: CBDT
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 Instructions on Origin Procedures for Ind-Aus ECTA
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.
GST Refund to Foreign Tourists: Govt working on Rules & 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 …
ICAI Implementation Guide to SA 580: Written Representations for Auditors
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 …
Tobacco/ Pan Masala: GST Compensation Cess Rates Now RSP Based
Learn about the changes to the new RSP based GST compensation cess rates on pan masala and tobacco products, effective April 1, 2023.
CBIC Reduces Tax Rates for Pencil Sharpeners and Pre-Packaged Rab
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 Extends GST Dispensation to Courts and Tribunals: RCM on Commercial Services
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 …
CBIC notifies ‘Nil’ GST rate for Rab (other than packaged or labelled)
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 …
CBIC Exempts Government Bodies from GST for Conducting Entrance Exams for Educational Institutions
CBIC has exempted government bodies, including the National Testing Agency, from GST for conducting entrance examinations for educational institutions, effective March 1, 2023.