CBDT’s 24 Clarifications/FAQs on e-Verification Scheme 2021
CBDT has released 24 clarifications through a set of FAQs on the e-Verification Scheme 2021, announced in Notification 137/2021, on the procedures and processes thereof.
Tag: Clarifications
CBIC Clarifications on GST Rates/ Classification: Circular 189/01/2023
CBIC has issued various clarifications regarding GST rates and the classification of certain goods, including the following key issues, in GST Circular 189/01/2023: 1. No GST will be levied …
CBIC Clarifies GST Applicability on certain Services: Circular 190/02/2023
The CBIC has clarified the issues concerning the applicability of GST to certain services, such as Air Force Mess accommodations and MeitY incentives to acquiring banks for RuPay Debit …
MCA Clarification on Holding AGMs in 2023 using VC/ OAVM
MCA clarifies that where AGMs are scheduled for 2023, companies can hold them using VC/ OAVM until September 30, 2023.
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) …
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 …
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 …
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. …
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 …
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 …