Weekly Updates

Jan
8

GST Council Secretariat has taken a progressive step of constitution of the Committee of Officers for Monitoring of Businesses Run through Online Platform …

Jan
1

Foreign Tax & Tax Research Division of CBDT has circulated a Breach Protocol prepared as per the international standards and approved by Information Security Committee (ISC) to …

Dec
25

The government has notified several changes in the GST law and has also put into effect several amendments brought in vide the Finance Act, 2020.

Dec
18

Basis the inputs received from our members, forum has submitted detailed GST legislative and procedural issues across sectors with the CBIC and will soon engage …

Dec
11

On December 8, USISPF hosted an rountable discussion with Mr. Rajat Bansal, IRS who
is a member of the UN’s subcommittee on Tax Challenges of the …

Nov
20

There is a constant debate for India becoming a sought-after and favoured destination
for global MNCs and high uncertainty due to the Covid-19 pandemic …

Nov
13

The All India Customs consultative group meeting will be held Virtually soon. The Forum will be participating in the meeting to discuss customs issues of our member companies.

Oct
02

GST e-invoicing mechanism is mandatory w.e.f. 01.10.2020 for all tax payers having turnover in a financial year exceeding Rs 500 crore. Basis USISPF’s survey on the

Sep
25

Ministry of Finance, Government of India, introduced the first and second phase of country-wide faceless assessment in June 2020 and August 2020, respectively.

Sep
16

The Central Board of Indirect Taxes and Customs has decided to roll-out the Faceless
Assessment at an All India level in all ports of import and for all imported goods

Aug
19

On August 5 forum discussed select issues around challenges/ issues being faced in
obtaining endorsements for the purpose of GST refunds with the GST council

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