CAclubindia Articles

GST Amnesty Scheme

Posted by CA Nitin K. Varshney 04 April 2024 88969 Views

Government announces such amnesty schemes time to time for providing benefits to the taxpayers. Especially to those taxpayers, who have not filed returns in time or they have committed any defaults under GST Laws. It was first come into force in 2018.

Definition of small company u/s 2(85) and key considerations

Posted by CA Geetika Bhatia 04 April 2024 29728 Views

The MCA vide its Notification No. G.S.R. 700(E) Dated 15th September, 2022 has yet again revised the definition of Small Company [Section 2(85) of The Companies Act, 2013].

GSTR 9C : Penalty for late filling

Posted by Venkatesh Neeli 04 April 2024 114793 Views

Penalty levying for GSTR-9C for late filing u/s 125 of CGST Act is unconstitutional and unfair where late fees has already been collected by the government for GSTR -9.

Navigating the Labyrinth of GST Notices: A Detailed Guide on Show Cause Notices

Posted by Abhishek Raja 04 April 2024 2460 Views

This article delves deep into the critical points that taxpayers and professionals must consider while dealing with SCNs under the GST regime.

GST: Action Points of Closing of FY 2023-24

Posted by Affluence Advisory 04 April 2024 3314 Views

Checklist to be followed in March 2024 for the GST Compliances of FY 2023-24

Importance Of Mobile Security In The Digital Era

Posted by CA Amrita Chattopadhyay 04 April 2024 327 Views

A simple gadget over a period of time has become a pocket-sized computer holding treasure of information and data, thus resulting in greater risk of data loss.

NRI Property Transactions & Sale Proceeds Repatriation

Posted by CA Arun Tiwari 04 April 2024 1088 Views

This article will cover the laws regarding property purchase and sale by NRIs, as well as the repatriation of sale proceeds, in separate sections.

CMP-08 : Due Date, Penalty and Filing Process

Posted by Shashank kothiyal 03 April 2024 16974 Views

All the registered taxpayers paying tax under the provisions of section 10 of CGST Act 2017 or availing benefits of Notification No. 2/2019-Central Tax (Rate)

SAC code in GST

Posted by Ishita Ramani 03 April 2024 12652 Views

The GST system uses a nomenclature called SAC code, which was created by the Central Board of Indirect Taxes and Customs. These codes aid in identifying services and their corresponding GST rates to calculate the applicable tax amount.