Rules Change: These 4 important rules change from November 1
Every month there are many changes. So from the beginning of November 1, you may also see changes in the business related field, which will directly affect you.
November starts in 5 days. Every month there are many changes. So from the beginning of November 1, you may also see changes in the business related field, which will directly affect you. So we are going to tell you about 4 important changes that will come into effect from November 1, 2023.
1) Changes in Goods and services Tax (GST):
For those with a turnover of Rs 100 crore or more, it is mandatory to upload GST invoices on the e-invoice portal within 30 days after November 1. The GST authority informed about this in the month of September. So upload the invoice soon, otherwise penalty may apply.
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2) New rules for import of laptops:
The government had exempted import of laptops, tablets and personal computers in 8741 categories till October 30, but now what will happen from 1? No information has been given about this. However, the new laws made for imports are expected to be implemented from November 1.
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3) Fee in Equity Derivatives segment:
It had announced that the fee would be levied in the equity derivatives segment from November 1. This was later opposed as it adversely affected retail investors and small traders. However, it has just been continued.
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4) Amazon Kinder Leader:
Starting November 1, Amazon said it will remove some supported files on its Kindle, including Mobi (mobi, azw, prc), so Kindle users who were sending Mobi (mobi, azw, prc) files may face trouble.
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