Follow Us :

Archive: 22 September 2016

Posts in 22 September 2016

GST Model Law- Section 35 -Payment of Tax, Interest, Penalty

September 22, 2016 5824 Views 0 comment Print

(1) As per Section 35 Payment of Tax, Interest, Penalty and other amount of Chapter IX of GST Model Law, Every deposit made towards tax, interest, penalty, fee or any other amount by a taxable person by Internet Banking, Credit Card/ Debit Card, NEFT/RTGS or any other mode shall be credited to the Electronic Cash Ledger of such person and date of credit shall be deemed to date of deposit.

Notification No. 50/2016-Customs Dated- 22.09.2016

September 22, 2016 1012 Views 0 comment Print

—In exercise of the powers conferred by sub-clause (i) of clause (b) of sub-section (3) of section 600 read with section 642 and section 610A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules further to amend the Application of Section 159 to Foreign Companies Rules, 1975 namely

Empanelment as Mediators or Conciliators

September 22, 2016 3619 Views 0 comment Print

Regional Director, North Western Region, Ahmedabad, Gujarat invites applications from willing and eligible persons to be selected and included in the panel of experts as Mediator or Conciliator who may provide relevant services to parties as may be allowed by the Central Government or Tribunal (Company Law Tribunal or Appellate Tribunal) under the Companies (Mediation and Conciliation) Rules,

Advisory on the Rebate of State Levies on Textiles Scheme (ROSL)

September 22, 2016 2572 Views 0 comment Print

In the ROSL scheme, the Central Govt. provides rebate of State levies comprising of State VAT/CST on inputs including packaging, fuel, duty on electricity generation and duties and charges on purchase of grid power, as accumulated through the stages of production from yarn to finished garments.

Registration Procedure for Section 8 Company under Companies Act 2013

September 22, 2016 3517 Views 0 comment Print

Introduction: Section 8 Company is a Company licensed by Central Government under Section 8 of the Companies Act, 2013. Therefore, Section 8 Company is a company registered for charitable or not-for-profit purposes. Section 8 Company is similar to a Trust or Society; exception is that a Section 8 Company is registered under the Central Government.

Evolution of a chartered accountant

September 22, 2016 4594 Views 1 comment Print

As time has passed, humans have evolved. They have found better and efficient ways of doing the same thing over a period of time, be it hunting, commuting, travelling or working. The credit of the evolution does not only go to great thinkers, physicists, scientists, management gurus, but also to any common person who wants to do things in a better way, gain efficiency, save resources, etc. How could accountants have been left behind?

Nationalisation of Rivers is The Best Solution

September 22, 2016 4639 Views 1 comment Print

In India, Many rivers are perennial and some get water during the monsoons. The Idea of nationalisation of rivers was mooted by many patriots long back, but the governments so far lacked the political will and foresight for the welfare of the citizens. They could nationalise the banks but not the rivers.

Rate of exchange of conversion of foreign currency WEF 23.09.2016

September 22, 2016 1879 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following amendments in the Notification of the Central Board of Excise and Customs No.121/2016-CUSTOMS (N.T.), dated 15th September, 2016, with effect from 23rd September, 2016, namely:-

Reg. Refund of Terminal Excise Duty (TED) under Deemed Exports

September 22, 2016 1816 Views 0 comment Print

The Policy Circular No. 16 (RE-2012/2009-14) dated 15.3.2013 also while specifying the categories where ab-initio exemption is there, specified that no refund of TED should be provided by RAs of DGFT/Office of Development Commissioners, because such supplies are ab-initio exempted from payment of excise duty.

Setting up of CCFC for Land Customs Stations & Inland Container Depots- reg

September 22, 2016 580 Views 0 comment Print

With a view to have similar administrative arrangements for facilitation of trade in the Land Customs Stations, CCFCs shall be set up in the following Commissionerates having jurisdiction over the various Land Customs Stations,-

Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031