CAclubindia News

CBIC: No proposal to reduce E-invoicing threshold limit to Rs 5 crore w.e.f 1st Jan 2023

27 December 2022 at 08:43

As per the recent tweet by the CBIC, started that Some news reports have appeared in media today suggesting that though GST Council has recommended reducing threshold for generation of e-invoice to Rs.5 cr w.e.f. January 01, 2023

Posted in GST | 9081 Views

MSME Ministry clarifies of not receiving any request from cost and management accountants to conduct financial audit of MSMEs

27 December 2022 at 08:43

MSME Ministry informed Parliament on Thursday that the MSME Ministry has not received any request from the cost accountants' institute to allow cost and management accountants to conduct financial audit of micro, small and medium enterprises.

Posted in Corporate Law | 2 comments | 6246 Views

MCA to launch 56 forms in two phases by 23rd January 2022

26 December 2022 at 08:39

In our continuous endeavour to serve you better, the Ministry of Corporate Affairs is launching a Second set of Company Forms covering 56 forms in two different lots on the MCA21 V3 portal.

Posted in Corporate Law | 9591 Views

ICAI releases Applicable Study Material for May / June 2023 CA Exams

24 December 2022 at 08:40

APPLICABLE STUDY MATERIAL FOR MAY/ JUNE 2023 EXAMS FOUNDATION, INTERMEDIATE AND FINAL COURSE

Posted in Students | 19566 Views

CBIC committee to dispose of pending pre-GST cases

24 December 2022 at 08:39

CBIC has constituted Customs, Central Excise and Service Tax Settlement Commission aimed to resolve and settle the show-cause notices issued under the Customs Act, Central Excise Act and Service Tax regime.

Posted in GST | 4158 Views

3 people held for GST fraud in Chandigarh

24 December 2022 at 08:38

The three accused, identified as Jitender Singh Bhalla alias Vicky, 39, of Fatehgarh Sahib, Rajeev Poonga, 55, of Sunny Enclave, Kharar, and Pushp Behal, 49, of PGI Society, Sector 49, are allegedly involved in a GST fraud

Posted in GST | 3300 Views

MSME Ministry: No information on negative impact of GST on MSMEs

23 December 2022 at 08:26

Even as MSMEs have been critical of the government's Goods and Services (GST) tax on multiple occasions since its launch in 2017, the MSME ministry said it hasn't come across any information related to the negative impact of the tax system.

Posted in GST | 5478 Views

Uttarakhand businessman sentenced to 5 years for ITC fraud of Rs. 17 crore

22 December 2022 at 08:35

A businessman in Uttarakhand's Haridwar district has been sentenced to five years in jail for an input tax credit fraud of Rs. 17 crore.

Posted in GST | 7284 Views

Bihar-based daily wage labourer gets income tax notice of Rs 14 crore

21 December 2022 at 08:52

A Bihar-based daily wage labourer, who earns Rs 10,000 to Rs 20,000 per month was shocked to his core as he received an income tax notice of Rs 14 crore at his house in Rohtas.

Posted in Income Tax | 6660 Views