R MODI & CO - Chartered Accountants

📢 My latest article on Notification No. 22/2024 – Central Tax is now available on Taxmann. The article provides a detailed analysis of the special procedure for rectifying wrongly availed Input Tax Credit (ITC). It includes:

Key provisions of the notification

The rectification process

Benefits for taxpayers and necessary steps for both taxpayers and tax officers

Read the full article here:

www.taxmann.com

Check out my latest piece on Tax Management India about a landmark Calcutta High Court judgment providing relief to a small business owner facing GST registration cancellation.

Read the full article here:

Calcutta High Court Grants Relief to Small Business Owner in GST Registration Cancellation Case Calcutta High Court Grants Relief to Small Business Owner in GST Registration Cancellation Case, Goods and Services Tax -

🌟 Exciting Career Opportunities at R MODI & CO, Kolkata! 🌟

We're looking to expand our team with professionals who are passionate about taxation and finance. Check out our latest openings:

GST Litigation Profile
Who: Chartered Accountants (CAs), Company Secretaries (CS), or Certified Management Accountants (CMA)
Experience: Minimum 1 year in GST Litigation
Vacancies: 1 position available

GST Compliance Profile
Who: Graduates or Articles with basic knowledge of GST
Vacancies: 4 positions available

Tax Audit Profile
Who: Graduates or Articles with in-depth knowledge and minimum 1 year of experience in Tax Audits
Vacancies: 2 positions available
📩 Apply Now: Send your CV to [email protected]
📲 Or WhatsApp us: 091636 18899

Don’t miss this chance to be part of a dynamic team at R MODI & CO. We look forward to hearing from you!

R MODI & CO - Chartered Accountants R MODI & CO was established in the year 2012 with the aim of providing a wide range of accounting and

The Goods and Services Tax Network (“GSTN”) has issued an Advisory dated April 12, 2023 on time limit for Reporting Invoices on the IRP Portal.

1. It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores.

2. To ensure timely compliance, taxpayers in this category will not be allowed to report invoices older than 7 days on the date of reporting.

3. Please note that this restriction will only apply to the document type invoice, and there will be no time restriction on reporting debit/credit notes.

4. For example, if an invoice has a date of April 1, 2023, it cannot be reported after April 8, 2023. The validation system built into the invoice registration portal will disallow the user from reporting the invoice after the 7-day window. Hence, it is essential for taxpayers to ensure that they report the invoice within the 7-day window provided by the new time limit.

5. It is further to clarify that there will be no such reporting restriction on taxpayers with AATO less than 100 crores, as of now.

6. In order to provide sufficient time for taxpayers to comply with this requirement, which may require changes to your systems, we propose to implement it from 01.05.2023 onwards.

Fresh Opening at R MODI & CO (Kolkata)

1.GST Litigation Profile:
CAs/CS/CMA having experience of min 1 year in the area of GST Litigation. No. Of Vacancies- 2

2.GST Compliance Profile:
Graduates/Articles having basic knowledge of the subject.
No. Of Vacancies- 2

3. Tax Audit Profile:
Graduates/Articles having In-depth knowledge of the subject with min 1 year experience . No. Of Vacancies- 2

Intrested candidates may share their Cv at [email protected] or WhatsApp at 098832 41087

R MODI & CO - Chartered Accountants now takes appointments on their Page.