Income Tax | GST | Accounting
Income Tax | GST | Accounting
The Central Board of Indirect Taxes and Customs (CBIC) has abolished 5% provisional Input Tax Credit (ITC), only ITC Reflecting in GSTR2B can be taken from 1st Jan 2022. CBIC has notified provisions of sections 108, 109 and 113 to 122 of the Finance Act, 2021. It will be effective from 1st January 2022. Section […]
The Central Board of Indirect Taxes and Customs (CBIC) has now made Aadhar authentication mandatory for GST refund application via notification no. 38/2021 dated 21st December 2021. This rule was notified by CBIC via notification no. 35/2021 dated 24.09.2021. These rules will be applicable from 1st January 2022. Government of IndiaMinistry of Finance(Department of Revenue)Central […]
The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification no. 16/2021- Central Tax (Rate) to amend Notification No 12/2017- Central Tax (Rate) dated 28.06.2017. Government of IndiaMinistry of Finance(Department of Revenue) Notification No. 16/2021- Central Tax (Rate) G.S.R. —–(E).—In exercise of the powers conferred by sub-sections (3) and (4) of section 9, […]
The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification no. 15/2021- Central Tax (Rate) to amend Notification No 11/2017- Central Tax (Rate) dated 28.06.2017. Government of IndiaMinistry of Finance(Department of Revenue) Notification No. 15/2021- Central Tax (Rate) New Delhi, 18th November, 2021. G.S.R….(E).—In exercise of the powers conferred by sub-section (1), sub-section […]
The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification no. 14/2021- Central Tax (Rate) to further amend notification No. 01/2021-Central Tax (Rate) dated 28-06-2021. GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Revenue)Notification No. 14/2021-Central Tax (Rate) New Delhi, the 18th November, 2021 G.S.R. (E).- In exercise of the powers conferred by sub-section […]
