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Statutory and Tax Compliance Calendar for month of July 2024
This article compiles due-dates for GST, Income Tax, ESI, PF Acts, and Companies Act compliances with a primary focus on Individuals, Professionals, and SME Businesses.
These due-dates are subject to extensions based on stakeholder representations and circumstances. We will notify you as soon as any due-dates are extended.
In accordance with applicable laws and regulations, colour coding is employed for better understanding.
Total days – 31
No. of due dates- 14
News and updates
New 16 circulars under GST
Circular no 207- Fixing monetary limits for filing appeals or applications by the Department before GSTAT, High Courts and Supreme Court
Circular no 208- Clarifications on various issues pertaining to special procedure for the manufacturers of the specified commodities.
Circular no 209- Clarification on the provisions of clause (ca) of Section 10(1) of the Integrated Goods and Service Tax Act, 2017 relating to place of supply
Circular no 210- Clarification on valuation of supply of import of services by a related person where recipient is eligible to full input tax credit.
Circular no 211-Clarification on time limit under Section 16(4) of CGST Act, 2017 in respect of RCM supplies received from unregistered persons.
Circular no 212-Clarification on mechanism for providing evidence of compliance of conditions of Section 15(3)(b)(ii) of the CGST Act, 2017 by the suppliers
Circular no 213-Seeking clarity on taxability of re-imbursement of securities/shares as SOP/ESPP/RSU provided by a company to its employees.
Circular no 214 -Clarification on the requirement of reversal of input tax credit in respect of the portion of the premium for life insurance policies which is not included in taxable value
Circular no 215- Clarification on taxability of wreck and salvage values in motor insurance claims.
Circular no 216-Clarification in respect of GST liability and input tax credit (ITC) availability in cases involving Warranty/ Extended Warranty, in furtherance to Circular No. 195/07/2023-GST dated 17.07.2023
Circular no 217-Entitlement of ITC by the insurance companies on the expenses incurred for repair of motor vehicles in case of reimbursement mode of insurance claim settlement.
Circular no 218- Clarification regarding taxability of the transaction of providing loan by an overseas affiliate to its Indian affiliate or by a person to a related person.
Circular no 219- Clarification on availability of input tax credit on ducts and manholes used in network of optical fiber cables (OFCs) in terms of section 17(5) of the CGST Act, 2017
Circular no 220- Clarification on place of supply applicable for custodial services provided by banks to Foreign Portfolio Investors
Circular no 221- Time of supply on Annuity Payments under HAM Projects
Circular no 222-Time of supply in respect of supply of allotment of Spectrum to Telecom companies
This calendar is prepared for the benefits of clients and well-wishers of M/s Kanhaiya Gautam and Associates, Chartered Accountants. This should not be used as substitute for professional advice. Best efforts are placed to compile these due dates, still we would appreciate if you draw our attention to any inaccuracy.