Mandatory HSN Code Reporting in GSTR-1/1A from Jan 2025 . Under the Goods and Services Tax (GST) framework, multiple reforms ...

The Central Board of Indirect Taxes and Customs (CBIC) has recently announced an extension of the deadlines for filing GSTR-1 and GSTR-3B returns. This move is aimed at providing relief to taxpayers ...

E Aadhar card is a nation-wide identity card proving the individual's identity and address. It is digitally certified. The subsidies provided by the Government of India could be availed only if the ...

A company whose accumulated losses are equal to or greater than its net worth is categorised as a "sick company." The Companies Act 2013 outlines a detailed legal process for the revival and ...

In this article, we look at the GST rate and HSN code rate for machinery and mechanical appliances, electrical equipment, related parts, sound recorders and reproducers, television image and sound ...

The Child Marriage Restraint Act, 1929, was amended in 1978, where the lawful age of marriage of girls was increased from 15 to 18 years and of boys from 18 to 21 years. The Indian Government enacted ...

On arrival of the vessel, the goods would remain in the custody of the Custodian until it clears the customs process. A custodian may be a person approved by Principal Commissioner or Commissioner of ...

From 1st July 2017, the procedure for importing goods into India is set to change with the implementation of GST. The new GST Bill of Supply requires the GSTIN of the importer for levying IGST, GST ...

Given below are the essential features of Common Service Centres. The government has established physical centres across India in several villages and remote areas. It provides various government ...

In case of ‘buy more save more’ discount is offered based on the volume say for example 10% discount is offered on the purchase of INR 5000 and above and 20% discount is offered on the purchase of INR ...

Self-assessment is one of the pivotal clearance methods which was brought in by customs authorities to ease import procedures and expedite its clearance. Self-assessment formalities and procedures are ...