The Central Government has issued Notification dated 16-09-2016 whereby all the provisions of The Constitution (101st Amendment) Act, 2016 comes into effect from 16/09/2016. Section 1 is also effective w.e.f. 16/09/16, which gives power to the Central Government to issue notification for effecting the various provisions of the said Act. Now, when Section 1 itself […]
As per the view of author, The Duty of Excise shall be now levied on production or manufacture of only petroleum or tobacco products and not on all the goods. This would be with effect from 16/09/2016. Thus the article is based on the interpretation of Author and his views on Constitution Amendment.
The import of items under the ITC(HS) Codes 68022310, 68022390, 68022900 and 68029300 related to granite slabs is permitted freely provided cif value is US $ 50 or above per square metre (for maximum thickness of slab of 20 mm) w.e.f. 1.10.2016.
The import of items under the ITC(HS) Codes 6802 10 00, 6802 21 10, 6802 21 20, 680221 90, 6802 91 00, 6802 9200 and 25151220 related to marble slabs is permitted freely provided cif value is US $ 40 or above per square metre (for maximum thickness of slab of 20 mm) w.e.f. 1.10.2016.
Import of Marble and Travertine- Crude or Roughly trimmed and merely cut, by sawing or otherwise, into blocks of a rectangular (including square) shape permitted freely provided cif value is US$ 200 or above per MT.
GST Constitutional (101st Amendment) Act’ 2016 contains the provisions which are necessary for the implementation of GST Regime. The present amendments would subsume a number of indirect taxes presently being levied by Central and State Governments into GST thereby doing away the cascading of taxes and providing a common national market for Goods and Services.
Selling an inherited property could appear to be quite a challenging and troublesome job in India, especially when one is not aware of the procedures. For people staying abroad for a long time can find this process even more horrifying.
Stress testing is about demonstrating how a particular process balances in a condition, when you try to push the same beyond its usual operations. We can also state the same about a stress test in other words. It implies a condition, where you push your system into the crash mode and find means to recover from that.
e-TDS/TCS Return Preparation Utility Ver. 1.7 for Regular & Correction Statement(s) from FY 2007-08 onwards (17/09/2016). Key Features — Return Preparation Utility (RPU) version 1.7 ♥ Addition of new fields for Form 24Q-Q4 under Annexure II (i.e. salary details) as below: 1. Aggregate rent payment exceeds rupees one lakh during the previous year: – The above […]
File Validation Utility (FVU) version 5.2 for quarterly e-TDS/TCS statement pertaining to FY 2010-11 onwards Key Features — File Validation Utility (FVU) version 5.2 ♥ Addition of new fields for Form 24Q-Q4 under Annexure II (i.e. salary details) as below: 1. Aggregate rent payment exceeds rupees one lakh during the previous year: – The above […]
