1. Revision of Limit of Aggregate Turnover For E-Invoice W.E.F. 01.04.2022: CBIC made E-invoice under GST mandatory for registered persons having aggregate turnover above…
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RENEW YOUR IMPORT EXPORT CODE [IEC] EVERY YEAR
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All IEC holders are now legally required to update and validate their IEC Details, even if there are no changes, from April to June once…
Continue Reading....RBI issues clarification No ban on crypto; cautions bank to follow proper due diligence under FEMA, PMLA, AML, CFT Laws
The latest directive comes against the backdrop of some banks and regulated entities citing the circular and cautioning customers against dealing in virtual currencies. The…
Continue Reading....Job work under GST
Unlike earlier days, the manufacturing entities instead of carrying out entire operations themselves, outsource few processes to job workers. This helps the manufacturers to get…
Continue Reading....CBDT deferred GST and GAAR Reporting in Tax Audit Report till March 31, 2022
The CBDT vide Circular No. 05/2021 dated March 25, 2021 deferred the reporting under Clause 30C and Clause 44 of Tax Audit Report till March 31, 2022…
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