Notification No. 51/2018-Customs GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 51/2018-Customs New Delhi, the 09th July 2018 G.S. R. (E). In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central
How to create an account on the UDIN portal? To register at UDIN portal, please take the following steps: Step 1: Enter the homepage https://udin.icai.org Step 2: Click button “For first time sign up, click here” Step 3: Enter your six-digit Membership No., Date of
Why UDIN? It has been noticed that financial statements and documents were being certified/ attested by third persons, in lieu of Chartered Accountants. As these statements are being relied upon by the authorities as true statements and certificates. UDIN can be generated by a practicing
What is the Algorithm of UDIN? The algorithm of UDIN comprises of the following: 1. The Membership Number of the Member attesting the document/ certificate. 2. The Date (dd/mm/yy) when the certificate is issued. 3. The Document Serial Number allotted automatically by the system.
Notification No. 29/2018 – Central Tax Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 29/2018 – Central Tax New Delhi, the 6th July 2018 G.S.R……(E).- In exercise of the powers conferred by section 164 of the
What is the Unique Document Identification Number (UDIN)? Unique Document Identification Number (UDIN) is a unique number. Which will be generated by the system for every document certified/ attested by a Chartered Accountant. Also registered with the UDIN portal available at https://udin.icai.org/.
Proposal for Amendments in GST Law The government of India has proposed a few changes in GST law and also have asked for few suggestions on Changes. The Proposal for Amendments in GST Law was the hint to the GST users to be prepared and
In the case of project completion method, Income can only be taxable after sale deed execution IT: Where the assessee, engaged in construction business, was following project completion method, its income could be brought to tax only in the year when sale deeds of units sold
GST – Landmark judgment GST liability will be huge. As SC has interpreted article 243 of COI New Okhla Industrial Development Authority (NOIDA) is not a Municipality’ as contemplated in clause (e) of Article 243Pof Constitution; nor is it covered by definition of local authority
Mandatory filing of DIR-3 KYC for all directors on or before 31st August 2018 As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through a new e-form viz. DIR-3 KYC to be notified and deployed shortly. Accordingly, every
