De-linking of Credit & Debit Notes have been implemented on GST portal / production API by GSTN. Going forward ,references to original invoices would not be required to be furnished for credit / debit notes.
Relaxation of additional fees and extension of last date of filing CRA -04 for FY 2019-20
Extension of time for holding Annual General Meeting
Custom appeals officers Jurisdiction for bill of entry or Goods warehousing-Reg.
Undertaking Valuation Assignment in CIRP before Registering as valuer violates Model Code of Conduct
Valuers registered with IBBI under MCA Rules can only be appointed as IP
The Central Board of Indirect Taxes and Customs has decided to roll out the faceless assessment at an all India level in all ports of import and for all imported goods by Oct 31.This includes faceless or anonymized assessment, self-registration of goods by importers, automated clearances of bills of entry, digitization of Customs documents.
“Law is an ass. But the implementers and interpreters are not, as this case shows. Justice was no doubt delayed to the daughters; but let us be happy that it was not denied to them in the end.” The Supreme Court in a landmark judgment recently decreed that the rights of daughters are on par …
Bizsol Update for the month September 2020 Articles: “Options to EOU? Manufacture & Other Operations in Bonded Warehouse” by CMA Ashok Nawal, Founder Bizsolindia Services Pvt. Ltd. “Daughter and Law ” by CS. R. Venkitachalam, Chairman , Bizsolindia Services Pvt. Ltd. Changes in GST, FTP, Central Excise, Customs, Income Tax, Service Tax, MVAT, Company law, …
New Foreign Trade Policy was expected w.e.f. 1st April 2020 addressing the issues, which was raised by USA against India before WTO Authority and WTO Authority have held the EPCG Scheme, DFIA Scheme, EOU Scheme and SEZ Scheme violating the principles of WTO. Albeit Govt of India have filed the appeal against the same and …
The Government of Maharashtra has issued the notification under the MAHARASHTRA ELECTRICITY DUTY ACT, 2016 for fix the electricity duty shall be levied @ 7.50 percent of the consumption charges with effect from the billing month of August, 2020 for Industry. Existing rate is 9.30 %. Notification
Maharashtra Govt.has decided to temporarily reduce stamp duty on Flats…
DGFT Vide Notification No: 29 dated 25.08.2020 has removed restriction on export of PPE Medical Coveralls & 2/3 ply surgical Masks & allowed export of N-95 and equivalent masks under monthly quote.
Clarification on Extension of Annual General Meeting (AGM) for the FY ended on 31.3.2020 General Circular No. 28/2020
Revised guidelines for conduct of personal hearings in virtual mode under CGST Act, 2017, IGST Act, 2017, Cusdtoms Act , 1962 , Central Excise Act, 1944 and Chapter V of Finance Act , 1994 and Chapter V of Finance Act 1994 F.No. 390/Misc./3/2019-JC
E-INVOICE SANDBOX SYSTEM – (Testing tool for development of e-Invoice APIs) E-Invoice Sandbox System https://einv-apisandbox.nic.in provides the essential information for developers to integrate the e-Invoicing operations exposed by NIC-IRP through APIs with their respective ERPs and financial accounting systems. The home page is accessible from anywhere without any login and provides complete information on the …
