CAclubindia Articles

Credit of IGST Paid on Import of Goods not reflected in GSTR-2B

Posted by CA Sachin M Jain 31 May 2023 127972 Views

Importers can claim IGST and cess paid on their imports only after issuing the bill of entry (BoE). Hence, taxpayers must access the bill of entry on the portal to avail input tax credit seamlessly. The GST Network (GSTN) provides a framework to taxpayers for finding the relevant bill of entry.

New HUID Rules for Gold Jewellery: What Consumers Need to Know

Posted by Rashmi 31 May 2023 67237 Views

From April 1, 2023, all gold jewellery sold in India must have a 6-digit HUID number. Learn what this means for consumers and how to verify your jewellery.

TDS vs TCS: Understanding Sections 194Q & 206C(1H)

Posted by Shivani Dundlodia 31 May 2023 168747 Views

Confused by Section 194Q (TDS) and 206C(1H) (TCS)? Learn the key differences, applicability, and when 194Q takes priority. Clarify your tax obligations.

e-Appeals Scheme 2023: Streamlined Tax Appeals

Posted by CA RN Mohil 31 May 2023 7948 Views

Discover the e-Appeals Scheme 2023 for Income Tax. Learn how electronic filing, video hearings, and fair allocation streamline your tax appeals process. Get started!

NFRA Order: CA Rakesh Puri's Audit Lapses Exposed

Posted by Rashmi 31 May 2023 4555 Views

Discover the major audit failures by CA Rakesh Puri highlighted in the NFRA order, including revenue misstatements and lack of due diligence. Learn from these critical findings.

10 inspirational quotes for Chartered Accountants

Posted by Avinash Jeevan Dsouza 30 May 2023 680289 Views

CA means Challenge it, Achieve it, Loop it. I am a Chartered Accountant

MOC - Memorandum of Changes

Posted by Rahul ojha 30 May 2023 113455 Views

MOC- MEMORANDUM OF CHANGES, more often referred to as MOC is an important document enclosed with the Bank Audit Report whenever the Auditor observes significant issues affecting the Financial Statements of the Bank.

RBI Annual Report 2022-23: Key Economic Insights

Posted by Dharmendra 30 May 2023 6521 Views

Discover key insights from the RBI Annual Report 2022-23. Understand India's economic performance, inflation, monetary policy, and financial markets.

Analysis on new GST rate for works contract services w.e.f 1st January 2022

Posted by Mukesh Kuriyal 30 May 2023 418327 Views

Government Has Amended Tax Rate For Service Provider Providing Works Contract Services From 5%/12% To 18% Vide Notification No 15/2021 C.T(Rate) Dated 18.11.2021 Amending Notification No 11/2017 C.T.(Rate) W.E.F 01.01.2022.

Annuity Taxes: Taxation & Strategies for Holders

Posted by Suhasini

30 May 2023 4435 Views

Understand annuity taxation, including how income is taxed and strategies to reduce your tax liability. Learn about different annuity types and tax implications.