January 28, 2020
input-tax-credit

CBIC blocks input tax credit due to mismatch of returns

Source: Times of India The Central Board of Indirect Taxes and Customs (CBIC) has blocked tax credits of about ₹40,000 Crore due to the mismatch of returns, uncovering more than […]
January 15, 2020
GST Compliance

Anti-profiteering body to start GST compliance drive

Source: Livemint In the next three months, the National Anti-profiteering Authority (NAA) is expected to issue a wave of orders, in line with the Centre’s drive to boost Goods and […]
January 11, 2020
Integration-of-FASTags-with-eWay-bill

How the integration of FASTags with E-way would impact the nation?

The story so far: From 1st December 2019, a deadline fell by the government of India for the compulsion of electronic toll collection with FASTags on all the national highways. FASTags […]
January 7, 2020
e-wallet scheme

FIEO says the delay in e-wallet scheme is unfortunate

Source: smetimes.in On Monday, the industry body Federation of Indian Export Organizations (FIEO) termed the delay in e-wallet scheme as unfortunate. The scheme has not been in operation yet, which […]
December 31, 2019
GST Update

The center to discuss GST overhaul after presenting budget 2020-21

Source: Livemint The center along with state governments will conduct fresh negotiations on GST (Goods and Services Tax) structure after presenting the Union Budget on 1 February, said one of […]
December 30, 2019
GST Refunds

Around 250 established export houses denied GST refunds

Source: Financial Express Amidst the dismal performance of country’s export sector – merchandise exports dipped 0.34% year-on-year in November, contracting fifth time in the past eight months – as many […]
December 27, 2019

Latest File Validation Utility (FVU) version 6.5

Incorporation of latest File Validation Utility (FVU) version 6.5, applicable for TDS/TCS statements pertaining to FY 2010-11 onwards.
December 27, 2019

New state ‘Ladakh’ added, schema version modified

You can now select 'Ladakh' as state and schema version has been modified to Ver1.1.
December 27, 2019
Filing-GST-Returns

Not filing GST returns could cost you your property, bank accounts

Source: Economic Times In a move aimed at improving compliance, the government has issued a set of instructions to field officers that could cost businesses their assets, as well as […]
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