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Statutory and Tax Compliance Calendar for month of October 2023

““Fight for the things that you care about, but do it in a way that will lead others to join you.”

Ruth Bader Ginsburg


Statutory and Tax Compliance Calendar for month of October 2023

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- 15

News and updates

The below changes are to be effective from 01.10.2023 and 01.11.2023 in the GST Law.  Please ensure timely changes are made for compliance with the same, if required.  Detailed discussion of the said changes is attached for your ease of reference.
Changes in GST Law to be effective from 01.10.2023
1.  New condition has been inserted for Supply of services/goods to SEZ Developer/Unit.

2.  Input Tax Credit for CSR Expenses has been restricted.

3.  Input Tax Credit reversal under Rule 42 & Rule 43 has to be carried out with respect to Supplies from Bonded Warehouse.

4.  Filing returns/statements namely GSTR 1, GSTR 3B, TDS Statement and Annual Return have been restricted after expiry of Three Years.
5.  The Government may share the information of assessee by taking prior consent.

6.  No IGST shall be payable on Ocean Freight by importer of goods.

7. Location of the registered recipient shall be the place of supply for transportation of goods outside India, where supplier and recipient both are located in India.

8. Tax evasion due to certain non-compliances by the suppliers making supplies through E-Commerce operators will result into penalty in the hands of E-Commerce operators.

9.  Suppliers of goods through E-Commerce platform are eligible to opt for composition scheme.

10. Registration requirement exempted for certain persons supplying goods through E-commerce operator.

11. Offences decriminalized and threshold amount for prosecution has been raised under GST Law.

12. Range for compounding of offences has been reduced.

Time Limit to generate E-Invoice w.e.f. 01.11.2023
13. Time limit of 30 days has been specified for reporting invoices on the IRP Portal with respect to AATO greater than 100 crores.

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.



Kanhaiya Gautam

Practicing Chartered Accountant | Advisor to MSME and Start Ups for Business Development and Tax Planning | Statutory Compliance | GST Services provided Accounting Bookkeeping Tax Preparation Personal Tax Planning Tax Law Business Law

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