Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Timelines for disposing applications by trusts, funds, or institutions seeking registration for exemption u/s 12AB or approval u/s 80G are rationalized. Applications will be processed within six months from the end of the quarter in which they were received, instead of six months from the end of the month. This applies to provisionally registered/approved entities applying for registration/approval and registered/approved entities applying for further registration/approval. The amendments take effect from October 1, 2024.
Timelines for disposing applications by trusts, funds, or institutions seeking registration for exemption u/s 12AB or approval u/s 80G are rationalized. Applications will be processed within six months from the end of the quarter in which they were received, instead of six months from the end of the month. This applies to provisionally registered/approved entities applying for registration/approval and registered/approved entities applying for further registration/approval. The amendments take effect from October 1, 2024.
Note: It is a system-generated summary and is for quick reference only.