1. 30.4.2022 (Saturday) is the last date for Cos to file form MSME-1 for the period Oct 21 to Mar 22 to disclose dues of more than 45 days to MSME Suppliers. ​2. ​A high-level committee has proposed an overhaul of the audit architecture, including a ban on non-audit work in “public […]

1. Central Board of Indirect Taxes and Customs (CBIC) has notified the exemption of customs duty and agriculture infrastructure development cess on cotton imports till September 30th 2022. At present, there is a 5% basic customs duty (BCD) on cotton imports, while 5% is charged as the Agriculture Infrastructure Development Cess […]

Central Board of Indirect Taxes and Customs (CBIC) has proposed mandatory Goods and Service Tax (GST) scrutiny on a quarterly basis to enhance compliance through effective and standardized scrutiny of returns.