Finance Minister Nirmala Sitharaman presented an amendment bill in the Lok Sabha aiming to simplify the establishment of GST appellate tribunals (GSTAT) by altering its members’ appointment terms. While 28 Tribunals Have been Identified for Setup The Central GST (Second Amendment) Bill, 2023, ...
As per the new CBIC amendment, electronic commerce operator (ECO) are required to pay tax on supply of certain services. To stay in compliance with this, we've added Table 3.1.1(ii) in GSTR-3B where you can report for these supplies. 11 August 2022 Purchase Receives Module (For Invento...
Goods and services tax network (GSTN) is provided some amendment context to the QRMP policy executed on the GST portal for the assessee are provided below: Auto-populate GSTR-3B liability from Form GSTR 1 & IFF Under the QRMP policy which shows their lia
Dear Experts Is it mandatory to change invoice serial number as financial year change if yes let me know the clear provision under GST regime OR We can Continue existing invoice series in normal course of Business Ex 31 03 XXXX Invoice No 120 and on 01 0
in the CGST Act, if passed, gives powers to the Government “on the recommendations of the Council, to allow regularization of non-levy or short levy of GST, where tax was being short paid or not paid due to common trade practices.” The amendment may potentially help alleviate the ...
Notifying commodities from Border Haats namely Balat, Kalaichar, Srinagar, Kamalasagar, Bholaganj, Nalikata and Ryngku Border Haats by amendment of Principal Notification No. 63/1994-Customs (N.T.) dated 21st November, 1994 Date: 18-11-2024 NOTIFICATION No. 26/2024–Central Tax Extension of...
In June 2020, the government enacted its Overseas Investment (Urgent Measures) Amendment Act 2020. The Act amends the Overseas Investment Act 2005 to balance the important role that overseas investment plays in supporting New Zealand's economic growth and recovery with efforts to ensure that overseas...
As set out in our previous alert on the Exposure Draft, the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 sets out the legal framework for the new regime, including what types of transactions cannot proceed without ACCC clearance, the timeframes fo...
The Federal Government has introduced new goods and services tax (GST) law for precious metals in response to alleged fraud taking place in the gold trading industry.
By making a mileage reinstate, you acknowledge that you have read the relevant provisions herein carefully and agree to be bound by them. EVA Air may amend the rules from time to time and announce it on the website. Transactions completed before the amendment will not be affected. ...