CBIC launches e-Office for CGST/ Customs Administration
CBIC has launched e-Office application in over 500 CGST and Customs offices across India (covering over 50,000 officers and staff), to automate its internal office procedures.
May 2020 Candidates can Opt Out for Nov. 2020 Exams: ICAI
ICAI announced that candidates of May 2020 CA Exams can choose to OPT OUT for Nov. 2020 Exam, without loosing their fee/ exemptions. Opt out window will remain open …
Cost Inflation Index (FY 2020-21) notified by CBDT
CBDT has notified the 'Cost Inflation Index (CII)' for FY 2020-21/ AY 2021-22 at 301 for determining 'long term capital gains (LTCG)' under Income Tax.
GST Council provides Relief for GSTR 3B delays
GST Council, in its 40th Meeting held on 12th June 2020 has recommended to reduce/ waive the interest/ late fee for delayed filing of GSTR 3B by small taxpayers …
CBIC clarification on Applicability of GST on Director’s remuneration paid by Companies
CBIC clarifies the issue of applicability of GST on reverse charge basis in the case of Director's remuneration paid by the companies, specially in the case of directors employed …
CBIC Clarifies issue of Refund of Accumulated ITC (Invoices not reflected in GSTR-2A)
CBIC has clarified issues relating to refund of accumulated ITC in respect of invoices whose details are not reflected in the FORM GSTR-2A of the applicant, vide Circular 139/09/2020.
ICAI to conduct the ‘Advanced ICITSS/ IT Test’ in ‘Home Based Mode’
ICAI has announced to conduct the 'Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS/ IT)' test in Home Based Mode on 21st June 2020 for certain …
CBIC extends validity of e-way bills upto 30th June 2020
CBIC extends the validity of e-way bills upto 30th June 2020, where the validity thereof has expired on or after 20th March, 2020, provided the same were generated under …
CBIC extends time limit for Order u/s 54(7) of the CGST Act, 2017
falls during the period from the 20th day of March, 2020 to the 29th day of June, 2020.
CBIC extends merger timeline for Taxpayers of Daman and Diu & Dadar and Nagar Haveli
CBIC extends timeline for compliance with special procedure for transition/ merger under GST, from 31st May 2020 to 31st July 2020, for taxpayers of erstwhile Union Territories of Daman …