Impact of Cost Inflation Index After Amendment Made By Finance Act, 2024 Jan 04, 2025 GST Audit u/s 65- Procedure and Precautions Dec 27, 2024 GST Registration- Latest Changes and Issues Involved With Case Laws Dec 27, 2024 Rectification of Mistake - An Analysis of Section 154 of I.T. ...
What is GST Departmental Audit? And How to be Prepared for it? Direct and Indirect Tax Litigation in India Now, let us come to our monthly GST Due dates. Here is a comprehensive image of our GST Compliance Calendar. It has all the GST Compliance Due dates for July 2022 so that you ne...
Before the refund is sanctioned, a pre-audit process will be carried out if the person requested exceeds the predefined reimbursement amount. Refunds will be electronically credited to applicants' accounts by NEFT, RTGS, or ECS. At the end of each quarter, people can submit their claims for re...
Royal Malaysian Customs Department (MRCD) will periodically audit your business to make sure that you're making correct tax declarations. For auditing purposes, you can generate a GAF in XML format. The GAF contains a detailed breakdown of business transactions. It mainly contains the followin...
Q.11 – Is Audit, mentioned under Section 35(5), be applicable to the Non-Filers or unregistered Persons who are liable to get registered? Q.12 – Mention the records which are required to be reconciled in Form GSTR-9C? Q.13 – What are the contents of Form GSTR 9C? Q.14 – Wh...
The Engineering Export Promotion Council (EEPC) has proposed the introduction of afaceless GST audit system. This proposal is expected to be included in the upcoming Budget 2025. By implementing this system, MSMEs can reduce compliance costs, fostering their growth and innovation. ...
A yearly return must be filed by each registered individual paying tax as an average taxpayer under the GST. An annual return must be filed once a year using form GSTR 9. However, a final return using form GSTR 10 is required for those whose registration has been revoked or abandoned. ...
F: SGST Department demands full penalty despite Section 74 allowing reduc... C: Finance Bill 2025: New Tax Regime with Revised Slabs, Concessional Rat... T: Finance Bill 2025: Income Tax Rates Steady, Marginal Relief and Surcha...
Withholding of Refund by Department Advance Tax deposited by a casual or a non-resident taxable person under Section 27(2) shall not be refunded unless such person has furnished all the returns required under Section 39; No refund shall be granted if the amount is less that Rs.1,000/-. ...
GST status. (a) Ifthe Fundspaid underthis Agreementare ofa non-commercial, funding nature, paid to a ‘government related entity’ forGST Actpurposes (Government Related Entity) and sourced from an appropriation,the partiesrely onsection 9-17(3) of the GST Act in determining that thepayment ...