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PRODID:-//K J Ajith & Associates Chartered Accountants in Kochi, Ernakulam, Kerala | CA Firm - ECPv6.1.3//NONSGML v1.0//EN
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X-WR-CALNAME:K J Ajith & Associates Chartered Accountants in Kochi, Ernakulam, Kerala | CA Firm
X-ORIGINAL-URL:https://www.kjaassociates.in
X-WR-CALDESC:Events for K J Ajith & Associates Chartered Accountants in Kochi, Ernakulam, Kerala | CA Firm
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BEGIN:VTIMEZONE
TZID:Asia/Kolkata
BEGIN:STANDARD
TZOFFSETFROM:+0530
TZOFFSETTO:+0530
TZNAME:IST
DTSTART:20230101T000000
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BEGIN:VEVENT
DTSTART;TZID=Asia/Kolkata:20230717T080000
DTEND;TZID=Asia/Kolkata:20230717T170000
DTSTAMP:20260505T160739
CREATED:20230718T071611Z
LAST-MODIFIED:20230718T072639Z
UID:3561-1689580800-1689613200@www.kjaassociates.in
SUMMARY:Analysis of 9 GST Circulars issued by CBIC on 17th July 2023
DESCRIPTION:This circular clarified the charging of interest under section 50(3) of the CGST Act\, 2017\, in cases of wrongly availed IGST credit and its reversal. The CBIC emphasized the role of rule 88B of the CGST Rules in the calculation of interest\, including all heads of IGST\, CGST\, and SGST. However\, the credit of compensation cess cannot be used for the calculation of interest.
URL:https://www.kjaassociates.in/event/analysis-of-9-gst-circulars-issued-by-cbic-on-17th-july-2023/
CATEGORIES:GST
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