Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
For FY 2023-24 onwards, Table 8A of Form GSTR-9 will be auto-populated from GSTR-2B, leading to a mismatch between values in Tables 8A and 8C. The advisory provides guidance on reporting various scenarios in GSTR-9, such as invoices reported late by suppliers, ITC reversed and reclaimed due to non-payment within 180 days, ITC claimed for goods not received, invoices belonging to the previous year appearing in Table 8A, and ITC claimed, reversed, and reclaimed in the same year. The key is to accurately report ITC in the appropriate tables (8C, 13, 6H, etc.) based on the specific circumstances, following the instructions provided.
For FY 2023-24 onwards, Table 8A of Form GSTR-9 will be auto-populated from GSTR-2B, leading to a mismatch between values in Tables 8A and 8C. The advisory provides guidance on reporting various scenarios in GSTR-9, such as invoices reported late by suppliers, ITC reversed and reclaimed due to non-payment within 180 days, ITC claimed for goods not received, invoices belonging to the previous year appearing in Table 8A, and ITC claimed, reversed, and reclaimed in the same year. The key is to accurately report ITC in the appropriate tables (8C, 13, 6H, etc.) based on the specific circumstances, following the instructions provided.
Note: It is a system-generated summary and is for quick reference only.
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