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NASSCOM’s Representation on Deferment of implementation date of e-invoice system under GST

Public Policy
March 2, 2020 866 0

NASSCOM made a representation to Goods and Services Tax Council (GST Council) highlighting difficulties faced by IT-BPM industry in implementation of e-invoicing system on a mandatory basis from April 1, 2020 for taxpayers whose a...


Blog

Seeking Inputs: MCA Consultation Paper on Enhancing audit independence and accountability 

Public Policy
March 2, 2020 733 0 images

Ministry of Corporate Affairs (MCA) released a consultation paper to examine the existing provisions of law and make suitable amendments therein to enhance audit independence and accountability. As per the paper, the concept of Au...


Blog

Representation on treatment of ITeS as "Intermediary" under GST

Public Policy
February 28, 2020 968 0

On 14th February 2020, NASSCOM made a representation to Chairman, Central Board of Indirect Taxes and Customs (CBIC) requesting for resolution of issues around ‘intermediary services’ for Information Technology – IT Enabled Servic...


Blog

Global Taxation Challenges Arising from the Digitalisation of the Economy

Public Policy
February 26, 2020 322 0

Globally, there is a recognition that traditional source-based taxation regime is insufficient to tax highly digitalised businesses. This is premised on the fact that physical presence is no longer a key basis for provision of man...


Blog

NASSCOM's Representation on challenges faced by IT industry due to prescribed electronic modes under section 269SU of the Income-tax Act, 1961

Public Policy
February 26, 2020 534 0

ContextWith an objective to promote digital payments, the Government has recently mandated zero charges on payment transactions done on National Payments Corporation of India (NPCI)’s Unified Payments Interface (UPI) and RuPay deb...


Blog

Nasscom Representation to DGFT on Implementing GAICT for Re-Export of SCOMET items

Public Policy
February 26, 2020 952 0

On 6th February, Nasscom submitted a representation to DGFT, requesting DGFT to issue relevant guidelines at the earliest so that the industry can take benefit of the ‘Global Authorisation for Intra-Company Transfer (GAICT) of SCO...


Blog

Update: NASSCOM participates in the first meeting of Grievance Redressal Committee for GST issues

Public Policy
February 26, 2020 417 0

The Goods and Services Tax (GST) Council, in its 38th meeting, approved constitution of “Grievance Redressal Committee” at Zonal/ State level to tackle grievances of taxpayers on GST related issued of specific/ general nature.Acco...


Blog

Update: NASSCOM-DSCI Consultation Series on the Personal Data Protection Bill, 2019

Public Policy
February 26, 2020 2664 0

Over December 2019 and January 2020, NASSCOM and DSCI conducted a series of Consultation Sessions across Delhi NCR, Mumbai and Bangalore on the Personal Data Protection Bill, 2019.Based on the inputs received from members, both du...


Blog

Representation on Importation of Goods under ‘Others’ Category

Public Policy
February 24, 2020 775 0

On 20th February, Nasscom made a representation to the Director General of Foreign Trade (DGFT) on Trade Notice 47/2019-20 dated 29 Jan 2020 wherein  DGFT solicited import data from industry relating to goods imported under the ‘O...


Blog

Webcast: GST return filing on 21.02.2020 from 11:00 am to 2:00 pm

Public Policy
February 21, 2020 707 0

Dear All,The Directorate General of Taxpayer Services (DGST), in association with DG Systems and DG NACIN is organizing a webcast on “GST return filing”. The details of the webcast are provided below:Date: February 21, 2020 (Frida...


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