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GSTN defers Mandatory implementation of 6 Digit HSN in e-Invoices and e-Way Bills

Manu Sharma

The Goods and Services Tax Network (GSTN) has deferred the implementation of the mandatory requirement of 6-Digit HSN Code in e-Invoices and e-Way...

GST Portal releases Detailed Advisory on Time Limit of Reporting Invoices on IRP Portal

Important GST update: CBIC issues Advisory on NEW 30-days Time limit for Reporting of Invoices on...

GSTN issues Advisory on E-invoices Services Offered by 4 New IRPs

IRP - RP - Liquidator - IT - IBC - Absence of Separate Account - Separate Account - PF - NCLT - taxscan

IRP/RP/Liquidator cannot Provide for IT except under S. 53 of IBC in Absence of Separate...

IBBI Imposes Rs. 2 Lakh Penalty on IP for Compromising Independence of IRP [Read Order]

The Disciplinary Committee (DC) of the Insolvency and Bankruptcy Board of India (IBBI) imposed Rs. 2 lakh penalty on Insolvency Professionals (IP) for compromising the independence of the Insolvency...

IBBI Imposes Rs. 2 Lakh Penalty - IBBI - Penalty - IP - Independence of IRP - IRP - Penalty on IP for Compromising Independence of IRP - Insolvency and Bankruptcy Board of India - Taxscan

Professional Misconduct: IBBI directs IP to attend Pre-Registration Educational Course

The Insolvency and Bankruptcy Board of India (IBBI) has recently reprimanded an Insolvency Professional (IP) for directly approaching AA for adjudication on his withdrawal application instead of...

NCLT admits Insolvency Plea of Go Airlines India, appoints IRP

A Special Bench of the National Company Law Tribunal (NCLT) at New Delhi has admitted the insolvency plea of Go Airlines India. The NCLT has appointed an Interim Resolution Professional (IRP) to...

NCLT admits Insolvency Plea - NCLT - Go Airlines India - appoints IRP - IRP - taxscan

IRP has power to change the claim amount if Additional Materials Comes: Delhi NCLAT Upholds Reduction of Claim

National Company Law Appellate Tribunal (NCLAT) of Delhi composed of Justice Ashok Bhushan and Justice Barun Mitra upheld the subsequent reduction of the claim by Insolvency Resolution Professional...

IRP--power-to-change-the-claim-amount---Delhi-NCLAT---Reduction-of-Claim---Taxscan

GSTN issues Advisory on HSN Code Reporting in GST e-Invoice on IRPs Portal

The Goods and Services Tax Network ( GSTN ) issued an Advisory dated March 22, 2023 on HSN Code Reporting in e-Invoice on IRPs Portal in GST. As per the Notification no. 78/2020 – Central Tax...

IBBI Reprimands IP for Non-Verification and checking of Appointment Communication Mail by AA

The disciplinary committee of insolvency and bankruptcy board of India (IBBI) has reprimanded insolvency professional (IP) for non-verification and checking of appointment communication mail by AA. ...

IBBI - IP - non - verification - Communication - mail - AA - TAXSCAN

NCLT prescribes Dress Code for Members, Lawyers, CAs, CSs, IRP/RP/Liquidators and Parties in Person

The New Delhi National Company Law Tribunal has notified the prescribed dress code for Tribunal President, Company Law Tribunal Members, Legal Practitioners, Company Secretaries(CS), Chartered...