Distribution of GST Provisional Id and Access Token of phase 6 dealers

Trade Circular No. 25T of 2017 (27/06/2017)

In reference to the above referred Trade Circulars, the activity of GST data migration and distribution of Provisional Ids and Access Token is in progress since 14th November 2016. This activity has been carried out by Maharashtra Sales Tax Department (MSTD) in stage-wise manner in 5 phases....

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Proper officer for Registration & Composition levy under CGST Act, 2017

Circular No. 1/1/2017 (26/06/2017)

Proper officer for provisions relating to Registration and Composition levy under the Central Goods and Services Tax Act, 2017 or the rules made there under –Reg....

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Participation of NRIs in ETCD segment

Circular No. SEBI/HO/MRD/DP/CIR/P/2017/63 (28/06/2017)

Reserve Bank of India (RBI) vide A.P. (DIR Series) Circular no. 30 dated February 02, 2017 has permitted Non Resident Indians (NRIs) to participate in the exchange traded currency derivatives market to hedge the currency risk arising out of their investments in India under FEMA, 1999....

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Help Desk and facilitation centers for registration under GST

Trade Circular No. 24 T of 2017-GST (24/06/2017)

The GST Act will come into force from 1st July 2017. A large number of Tax Payers were not required to take registration as per provisions of VAT Act. Now as per the provisions of GST Act, most of the Tax Payers will be required to take registration under GST Act....

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Reopening of GST Portal for Migration and New Registration

Trade Circular No. 21T of 2017 (21/06/2017)

Reopening of GST Portal for Migration of existing taxpayers and New Registration under GST Act and availability of GST Registration and Migration services through Aaple Sarkar's Service Centers...

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Registration under Maharashtra Goods and Services Tax Act, 2017.

Trade Circular No. 22. T of 2017 (23/06/2017)

The Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017) (hereinafter referred to as "MGST Act") is published in the Official Gazette dated 15th June 2017. Further, vide Notification cited at Ref. (2) above sections pertaining to the registration i.e. section 22 to section 30 have come into force with effect from 22nd June 20...

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Maharashtra GST Rules, 2017 with regards to Registration & Composition

Trade Cir. No. 23T of 2017 (23/06/2017)

You are well aware that the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017) is published in Official Gazette dated 15th June 2017. Maharashtra Goods and Services Tax Act, 2017 is poised to be implemented with effect from 1st July 2017....

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SEBI issues Clarification to Enhanced Supervision Circular

Circular No. CIR/F10/MIRSD/MIRSD2/CIR/P/2017/64 (22/06/2017)

SEBI vide circular no. SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95 dated September 26, 2016, has issued guidelines covering broad areas for enhanced supervision based on the recommendation of the committee constituted by SEBI. ...

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Illustrative narrations to be recorded in Bank Statement / Passbook

RBI/2016-17/326 DBR.No.Leg.BC.76/09.07.005/2016-17 (22/06/2017)

It has come to our notice that many banks still do not provide adequate details of the transactions in the passbooks and/ or statements of account to enable the account holders to cross-check them....

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Participation of Category III AIFs in commodity derivatives market

Circular No.: SEBI/HO/CDMRD/DMP/CIR/P/2017/61-SEBI (21/06/2017)

At present, institutional participants are not allowed to participate in the commodity derivatives market in India. Consequently the commodity derivatives markets in India lack the desired liquidity and depth for efficient price discovery and price risk management....

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