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Auto-Population of E-Invoice details into GSTR-1 will be delayed: CBIC

Taxscan Team

The Central Board of Indirect Taxes ( CBIC ) has clarified that the Auto-Population of E-Invoice details into GSTR-1 will be delayed. Certain...

Avoidance applications relating to preferential transactions doesn’t survive beyond conclusion of...

GSTN issues Advisory on E-Invoicing

GST E-Invoicing Scheme start on an encouraging note with 52-lakh IRNs validated in first 6 days

Delhi HC stays Imposition of Penalty on Insolvency Professionals alleged to have violated terms of...

CBIC enables Facility for Registration of Insolvency Resolution Professionals on GST Portal

The Central Board of Indirect Taxes and Customs ( CBIC ) has enabled the facility for registration of Insolvency Resolution Professionals/ Resolution Professionals (IRPs/RPs) on the GST Portal. ...

MCA issues Clarification on Statutory Compliances of Corporate Insolvency Resolution under IBC, 2016 [Read Circular]

The Ministry of Corporate Affairs (MCA) issued a circular to clarify the statutory compliances of Corporate Insolvency Resolution (CIR) under Insolvency Bankruptcy Code, 2016 (IBC). The circular was...

Lok Sabha passes The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019

The Lower House of Parliament, Lok Sabha has passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019. Highlights of the Ordinance The Code allows creditors to initiate an...

NCLAT releases Flipkart India from Corporate Insolvency Proceedings [Read Order]

The National Law Company Law Appellate Tribunal (NCLAT) releases Flipkart India from the corporate insolvency proceedings. A three-member bench of the National Law Company Law Appellate Tribunal...

Accounting and Billing Software Providers can enrol with GSTN to Receive Regular updates on E-Invoice: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) has said that Accounting and Billing Software Providers can enrol with GSTN to Receive Regular updates on E-Invoice. The GST Council has...

CBIC issues FAQs on Electronic Invoice System [Read FAQs]

The Central Board of Indirect Taxes and Customs (CBIC) has issued the Frequently asked questions (FAQs) on Electronic Invoice (E-Invoice) system Electronic Invoice System is mandatory for business...