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

Category: FISCAL

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
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
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
FISCAL, Industries, post_cats

CBIC notifies amnesty scheme for filing of GST final return in Form GSTR-10

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 8/2023 dated 31st March, 2023 to notify amnesty scheme for […]

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

Time limit for application for revocation of cancellation of registration extended by CBIC

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 3/2023 dated 31st March, 2023 to extend time limit for application […]

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

CBIC notifies phase-wise implementation of Electronic Cash Ledger (ECL) in Customs w.e.f 1st April, 2023

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 18/2023 and Circular No. 09/2023 to provide for phased wise […]

Lexplosion SolutionsApril 3, 20232 min read
FISCAL, Industries, post_cats, states

Key Amendments under tax proposed in the Finance Bill, 2023-24

The Finance Bill, 2023 has been introduced in the Lok Sabha on 1st February, 2023 and has proposed various amendments under Direct […]

anumFebruary 4, 202313 min read
FISCAL, Industries, post_cats, states

Clarification on taxability of no claim bonus and applicability of e-invoicing under GST

Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No.186 dated 27th December, 2022 to clarify on taxability of no […]

anumDecember 29, 20222 min read
FISCAL, Industries, post_cats, states

Clarification on dealing with difference in Input Tax Credit (ITC) availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19

Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No.183 dated 27th December, 2022 to clarify the manner of dealing […]

anumDecember 29, 20223 min read
FISCAL, Industries, post_cats, states

CBIC amends Central Goods and Services Tax Rules, 2017; laid down rules for dealing with difference in liability reported in GSTR-1 and GSTR-3B

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 26/2022 dated 26th December, 2022 to further amend Central Goods […]

anumDecember 28, 20226 min read
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