CAclubindia News


CBIC to issue SOP for GST summons, notices

   11 July 2022 at 08:25

The Central Board of Indirect Taxes and Customs (CBIC) will soon come out with a detailed standard operating procedure (SOP) for serving summons and notices under the goods and services tax (GST) regime, to prevent harassment of businesses.

Posted in GST |   4710 Views


Sale of Indian National Flag exempted from GST

   09 July 2022 at 16:29

It has been clarified that the sale of the Indian National Flag, adhering to the Flag Code 2002 and its subsequent amendments, is exempt from GST.

Posted in GST  1 comments |   4359 Views


May 2022 CA Final Results likely to be declared on 15th/16th July 2022

   09 July 2022 at 12:09

The results of the Chartered Accountants Final Examination held in May 2022 are likely to be declared on Friday, the 15th July, 2022(evening)/Saturday, the 16th July, 2022

Posted in Students |   9342 Views


IT Department conducts searches on premises of pharma group in Delhi NCR, Haryana

   09 July 2022 at 08:39

The Income Tax Department carried out search and seizure operations on 29.06.2022 on a group engaged in the business of manufacturing and distribution of Pharmaceutical medicines and Real Estate Development.

Posted in Income Tax |   1281 Views


GSTN removes negative balance in cash ledgers of some composition taxpayers

   09 July 2022 at 08:39

Due to the reversal of amount in the cash ledger of some composition taxpayers, the balance in the cash ledgers had become negative.

Posted in GST  1 comments |   4275 Views


SEBI alert public against fraudulent messages on money refund

   08 July 2022 at 09:42

Securities and Exchange Board of India (SEBI) plays an important role in regulating all the players operating in the Indian capital market. SEBI is a statutory body and a market regulator, which controls the securities market in India.

Posted in Corporate Law |   2685 Views


IT raids on Dolo-650 maker Micro Labs for alleged tax evasion

   08 July 2022 at 08:43

The income tax department on Wednesday conducted searches at the offices and residences of top management of Dolo-650 manufacturer Micro Labs for alleged tax evasion, sources said.

Posted in Income Tax  1 comments |   5829 Views


FM urges banks to ensure credit flow to KCC holders, strengthen RRBs

   08 July 2022 at 08:43

Finance Minister Reviews Operational & Governance reforms in RRBs and performance of Kisan Credit Scheme (KCC) for Animal Husbandry, Dairying and Fisheries

Posted in Others |   1452 Views


IT Department conducts search operations on a group engaged in the business of mining, processing and trading of black stones

   08 July 2022 at 08:43

The Income Tax Department carried out search and seizure operations on a group engaged in the business of mining, processing and trading of black stones.

Posted in Income Tax |   1449 Views


CBIC issued Central Goods and Services Tax (Amendment) Rules, 2022

   07 July 2022 at 16:29

In exercise of the powers conferred by section 164 of the CGST Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017

Posted in GST |   3120 Views