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Date to file GST Return in Form 3B & Payment extended to 25th August 2017

LAST DATE FOR PAYMENT OF GST AND FILING OF RETURN FOR JULY 2017 EXTENDED BY 5 DAYS- Since it is the first Return to be filed under GST, the tax payers and the tax practitioners have requested for few more days to file their Return. Also there have been requests from States which are hit with floods to extend the last date for filing of GS...

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Posted Under: CA, CS, CMA |

Draft Customs Brokers Licensing and Revocation Regulations, 2017

Notification No. ___/2017-Customs (N.T.)

CBEC released on 19th August 2017- Draft Customs Brokers Licensing and Revocation Regulations, 2017 which will be apply on approval to shall apply to a Customs Broker who has been licensed under these regulations or regulations preceding thereto and also such other persons who have been employed or engaged by the said Customs Broker unde...

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Posted Under: CA, CS, CMA |

Clarification regarding number of Taxpayers added after Demonetization

Various news reports/articles have appeared in the media regarding inconsistency in the estimates of the number of taxpayers added after demonetization. It has been commented that the following different figures have been given at different forums by different authorities: ...

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Posted Under: CA, CS, CMA |

Reduce VAT burden on Petroleum Products used for manufacturing: FM to State CMs

The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley has written to State Chief Ministers urging the States to reduce burden of Value Added Tax (VAT) on Petroleum Products used as inputs in making of goods after the introduction of Goods and Services Tax (GST)....

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Posted Under: CA, CS, CMA |

Return filing In Form GSTR-3B- Due Date & transitional credit

Registered persons planning not to avail transitional credit for discharging the tax liability for the month of July, 2017 or new registrants who do not have any transitional credit to avail need to follow the steps as detailed below:...

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Posted Under: CA, CS, CMA |

Clarification regarding availability of Transitional Credit for GST

As per the rules, the Goods and Services Tax (GST) for the month of July 2017 has to be paid by 20th August, 2017. Only after the payment of full GST, return in summary Form 3B can be filed....

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Posted Under: CA, CS, CMA |

Scheme of Budgetary Support under GST Regime

Cabinet approves Scheme of Budgetary Support under GST Regime to the eligible units located in States of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North Eastern States including Sikkim The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi today has given its approval to the Scheme of provi...

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Posted Under: CA, CS, CMA |

Vacancy for CA /MBA / Graduates in Finance, MIS, Accounts & Taxation

Vacancy for CA in Corporate Finance at Amravati (Maharashtra) for Chartered Accountants having more than 8 Year experience  with a Manufacturing Company. http://ejobocean.com/JobDescription/Vacancy-for-CA-in-Corporate-Finance/90 Vacancy for CA having experience in MIS Preparation at Ahmedabad (Gujarat) for Chartered Accountants having 4 ...

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Posted Under: CA, CS, CMA | ,

Government fixes ceiling prices of Knee Implants (Upto 69% Price Reduction)

Government fixes ceiling prices of Knee Implants; People of India to save Rs.1500 crore per annum It is a step to prevent Unethical Profiteering and ensure Affordable and Quality Healthcare for the Last Man: Shri Ananthkumar Overcharging of Knee Implants would be strictly monitored and penalized “Walking the talk of Prime Minister, Shri...

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Posted Under: CA, CS, CMA |

PM’s Independence Day Speech 2017- 64 Highlights

PM’s Independence Day Speech 2017- Highlights in English The Prime Minster, Shri Narendra Modi today addressed the nation from the ramparts of the Red Fort on the 71th Independence Day. Following are the highlights from his speech: 1. Greetings to my fellow Indians on Independence Day. 2. For the freedom and glory of the country, [&hell...

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Posted Under: CA, CS, CMA |
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