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HomeTime limit for application for revocation of cancellation of registration for specific taxpayers further extended by CBICFISCAL

Category: FISCAL

Central, FISCAL, Industries, post_cats, states

Time limit for application for revocation of cancellation of registration for specific taxpayers further extended by CBIC

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 23/2023 dated 17th July, 2023 to further extend time limit […]

anumJuly 20, 20231 min read
Central, FISCAL, Industries, post_cats, states

Amnesty Scheme for non fliers of GST Annual Return for past financial years extended

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 25/2023 dated 17th July, 2023 to waive the amount of […]

anumJuly 20, 20231 min read
Central, FISCAL, Industries, post_cats, states

CBIC issued clarification regarding issues related with refund of Input Tax Credit

Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No.197/09/2023 to provide clarification regarding refund related issues. Key points of […]

anumJuly 20, 20231 min read
Central, FISCAL, Industries, post_cats, states

CBIC issued clarification on availability of Input Tax Credit (ITC) in respect of warranty replacement of parts and repair services during warranty period

Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No.195/07/2023 to provide clarification on availability of Input Tax Credit (ITC) […]

anumJuly 20, 20232 min read
Central, FISCAL, Industries, post_cats, states

CBIC issued clarification regarding availment of Input Tax Credit (ITC) for the period 01.04.2019 to 31.12.2021

Central Board of Indirect Taxes and Customs(CBIC) has issued Circular No.193/05/2023 to provide clarification regarding dealing with difference in Input Tax Credit […]

anumJuly 20, 20231 min read
Central, FISCAL, Industries, post_cats, states

Outcome of the 50th GST Council Meeting; procedure for verification in cases involving difference in input tax credit availed in FORM GSTR-3B vis a vis FORM GSTR-2A

GST Council conducted its 50th meeting in New Delhi. In the meeting, GST Council has recommended changes related to GST law and […]

anumJuly 17, 20238 min read
Central, FISCAL, Industries, post_cats, states

Central Board of Indirect Taxes and Customs (CBIC) extends the effective date till 30th September, 2023 for making non-interest bearing deposit with the Government

Central Board of Indirect Taxes and Customs (CBIC) via Notification no. 49/2023 has extended the effective date for consideration of making following […]

Lexplosion SolutionsJuly 17, 20231 min read
Central, FISCAL, Industries, post_cats, states

Due date for furnishing of certain TDS/TCS statements for 1st quarter of F.Y. 23-24 has been extended till 30th September, 2023

Central Board of Direct Taxes (CBDT) has issued Circular No. 9/2023- Central Tax to extend the due date for furnishing of certain […]

anumJuly 5, 20231 min read
Central, FISCAL, post_cats, states

Advisory on deferment of implementation of time limit to report old e-invoices on IRP portal issued by GST Portal

Goods and Services Tax portal has issued new advisory on deferment of implementation of time limit on reporting old e-invoices in IRP […]

Lexplosion SolutionsMay 12, 20231 min read
Central, FISCAL, Industries, post_cats, states

Threshold limit for generation of GST e-invoices reduced from INR 10 Crore to INR 5 Crore

Registered persons whose annual turnover in any preceding financial year from 2017-18 onwards exceeds INR 5 crore shall be required to generate […]

anumMay 12, 20231 min read
FISCAL, Industries, post_cats

Late fees for filing annual return in Form GSTR-9 reduced from FY 2022-23 onwards

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 7/2023 dated 31st March, 2023 to waive the amount of […]

Lexplosion SolutionsApril 3, 20231 min read
FISCAL, Industries, post_cats

CBIC prescribes procedure for Aadhaar authentication and submission of GST registration application

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 4/2023 dated 31st March, 2023 to amend the Central Goods […]

Lexplosion SolutionsApril 3, 20231 min read
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