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ICAI “Technical Guide on Royalty/Fees for Technical Services” (2022)

ICAI has published the revised “Technical Guide on Royalty and Fees for Technical Services” (December 2022 Edition), which incorporates all the amendments made by the Finance Act, 2022, for …
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ICAI ‘Handbook on GST Invoicing’ (2022)

The ICAI has published a revised ‘Handbook on Invoicing under GST’ (November 2022 Edition) to provide stakeholders with guidance on the GST provisions relating to invoicing, including recent amendments …
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CBIC Clarification on Reduction in GST Demand/ Statutory Dues in IBC cases

CBIC has clarified the issues relating to the treatment of reduction in statutory dues/ GST demands in cases where the proceedings under the Insolvency and Bankruptcy Code, 2016 (IBC) …
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GST Refund Application Procedure for Unregistered Persons: CBIC Circular

CBIC has prescribed the procedure for filing GST refund application in the case of unregistered persons (URDs), vide Circular 188/20/2022 dt. 27/12/2022. CBIC received representations requesting the provision of …
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CBIC clarification on ITC Eligibility and Place of supply under IGST: GST Circular 184/16/2022

CBIC clarifies that in case of supply of goods to a place outside India, the place of supply of such transportation service shall also be the place of destination …
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CBIC Clarifies ITC differences of GSTR-2A/ GSTR-3B (FY 2017-18/2018-19): GST Circular 183/15/2022

CBIC clarifies issues in reconciling the differences in amount of ITC claimed in GSTR-3B amount of ITC eligibility as per GSTR-2A in respect of financial years 2017-18 and 2018-19. …
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CBIC Clarification on Section 75(2), Impact on Limitation: GST Circular 185/17/2022

CBIC has issued clarification on the applicability of Section 75(2) of the CGST Act, 2017 and its impact on limitation. CBIC has clarified about the time limit for re-determination …
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CBIC Clarifications on ‘NCB’ and ‘e-Invoicing’ under GST

CBIC has clarified certain issues pertaining to ‘No Claim Bonus (NCB)’ allowed by the Insurance Companies and exemption from ‘e-invoicing’ with reference to an ‘Entity’ under GST, vide GST Circular …
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CGST (5th Amendment) Rules, 2022: CBIC Notifications

The CBIC has notified the CGST (5th Amendment) Rules 2022 to make further amendments in the CGST Rules 2017 in line with the recommendations of the GST Council, vide …
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GST e-Invoicing Turnover Limit not reduced to Rs 5 Crore: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarification stating that there are no plans to reduce the Turnover Limit for GST e-Invoicing requirements from …
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