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Archive: 31 December 2016

Posts in 31 December 2016

Notification No. 49/2016-Central Excise (N.T.), Dated: 31.12.2016

December 31, 2016 1630 Views 0 comment Print

1. In the said First Schedule, -(1) in Chapter 29, in heading 2937,- (i) tariff item 2937 31 00 and the entries relating thereto shall be omitted; (ii) against tariff item 2937 9011 for the entry in column (2), the entry “Epinephrine” shall be substituted;

CBEC amends 9 Excise duty notifications

December 31, 2016 3121 Views 0 comment Print

CBEC amends following 9 excise duty notifications namely- Notification No. 74/93-Central Excise , Notification 10/96- Central Excise, dated 23rd July,1996, Notification 49/2003-Central Excise

Report submitted by Alternative Investment Policy Advisory Committee

December 31, 2016 745 Views 0 comment Print

To solicit the comments/views from public on suggestions pertaining to the second report submitted by Alternative Investment Policy Advisory Committee.

Insolvency Professional Agency- All you want to know

December 31, 2016 6247 Views 0 comment Print

Insolvency Professional Agency means any person registered with the Board under section 201 of the Code as an Insolvency Professional Agency.

IGST: The Integrated Goods And Service Tax

December 31, 2016 10648 Views 1 comment Print

A new model proposed GST to monitor the interstate trade of Goods and Services and this is called IGST i.e. Integrated Goods and Service Tax.

All about Bharat Interface for Money (BHIM) APP with FAQS

December 31, 2016 9208 Views 7 comments Print

Bharat Interface for Money (BHIM) is an initiative to enable fast, secure, reliable cashless payments through your mobile phone. BHIM is interoperable with other Unified Payment Interface (UPI) applications, and bank accounts. BHIM is developed by the National Payment Corporation of India (NPCI). BHIM is made in India and dedicated to the service of the […]

10% rebate in Basic Rail Fare on Vacant Seats after Chart Preparation

December 31, 2016 1783 Views 1 comment Print

Railways extends 10% rebate in Basic Fare on Vacant Berth/Seats after Preparation of First Chart In all Trains WEF 1st January 2017.

Income Tax Notice, Corruption and You

December 31, 2016 7837 Views 4 comments Print

In India the Word CORRUPTION is associated from the bottom line and it will be grown day by day which can not be stopped now. Because its insert in the Subconscious mind, and which is never change once it was taken place.

Goods and Service Tax: Myths and Facts

December 31, 2016 4504 Views 4 comments Print

The demonetisation has sidetracked the hitherto much awaited and talked about GST. Though government is doing its part in introducing model law , rules , formats etc but still GST rollout on 1st April is a far cry. The proposed GST law is not an ideal / perfect / pure law.

Notification No. 150/2016-Customs (N.T.) dated 31.12.2016

December 31, 2016 1690 Views 0 comment Print

1) In Chapter 29, in heading 2937,‑ (i) tariff items 2937 31 00 and the entries relating thereto shall be omitted,(ii) against tariff item 2937 90 11, for the entry in column (2) , the entry Epinephrine shall be substituted;

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