GST FAKE INVOICES [AGE OLD FRAUD IN A NEW AVATAR] – PREVENTIVE & DETECTIVE MEASURES
Authored By: Huzeifa Unwala, Sr. Partner JHS & Associates Old scheme continues in a New Avatar Invoice frauds are the most popular schemes amongst fraudsters.
Authored By: Huzeifa Unwala, Sr. Partner JHS & Associates Old scheme continues in a New Avatar Invoice frauds are the most popular schemes amongst fraudsters.
This knowledge alert is a weekly compilation of key amendments / notifications alongwith its implications.
This notification shall come into force with effect from the 1st April, 2020.
The above Notification with directions for strict implementation shall remain in force in all parts of the country for a period of 21 days with effect from March 25, 2020.
To overcome fully and to ensure legitimate business houses do not suffer in the form of penalty, certain key compliance relaxations are summarised.
It is certified that no persons interest is adversely affected by giving retrospective effect to this notification from 9th April, 2019.
This knowledge alert is a weekly compilation of key amendments / notifications alongwith its implications.
Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank will have to follow the directions issued by the RBI for further period of six months i.e., till 17.09.2020.
Importers of Sheet Glass originating in or exported from China PR shall continue to pay anti dumping duty for extended period till 12.03.2025.
NBFCs are required to comply with Indian Accounting Standards for the preparation of their financial statements.