ICAI releases GST Acts and Rules - Bare Law, August 2024 Edition
This edition includes comprehensive updates on various provisions, amendments, and rules under the Goods and Services Tax (GST) law, as detailed in the latest Finance Act and related amendments
The Institute of Chartered Accountants of India ( ICAI ) has released the August 2024 Edition of the GST Act and Rules - Bare Law. This edition includes comprehensive updates on various provisions, amendments, and rules under the Goods and Services Tax ( GST ) law, as detailed in the latest Finance Act and related amendments. Read More: Budget 2024-25: Major GST and Customs Duty...
The Institute of Chartered Accountants of India ( ICAI ) has released the August 2024 Edition of the GST Act and Rules - Bare Law.
This edition includes comprehensive updates on various provisions, amendments, and rules under the Goods and Services Tax ( GST ) law, as detailed in the latest Finance Act and related amendments.
Read More: Budget 2024-25: Major GST and Customs Duty changes announced by FM
It is an essential resource for professionals dealing with GST compliance, offering a consolidated view of the Central Goods and Services Tax Act, the Integrated Goods and Services Tax Act, the Union Territory Goods and Services Tax Act, and the GST Compensation to States Act, along with the relevant rules and amendments.
Get a Copy of GST Manual (Acts & Rules), Click here
The Institute of Chartered Accountants of India ( ICAI ) has also released an updated Indian Accounting Standards ( Ind AS ) Disclosures Checklist for member Chartered Accountants ( CA ). The adoption of Ind AS is a significant step towards aligning India’s financial reporting with global standards. Since the implementation of Ind AS in 2015, the requirements for extensive and detailed disclosures have increased, enhancing the quality and transparency of financial statements.
Read More: ICAI releases updated IND AS Checklist
The document contains important sections like definitions, levy and collection, time and value of supply, input tax credit, registration, accounts, records, returns, payment of tax, refunds, audits, inspections, demands, recovery, offences, penalties, appeals, advance rulings, and transitional provisions. It is a critical reference for chartered accountants, legal professionals, and businesses to ensure compliance with the updated GST laws.
For anyone involved in GST practice or compliance, this August 2024 Edition is a must-have for staying updated with the latest legislative changes and understanding the practical implications of the GST framework; you can access it by clicking the blue button below or from the official ICAI website.
To Read the full text of the Order CLICK HERE
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