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Archive: January, 2017

Posts in January, 2017

GST- Tax Structure, Returns and Penalty Provisions

January 14, 2017 17560 Views 3 comments Print

This article for the purpose of knowledge updation & base on draft model of GST ,which would also change later stage. Today GST is important tax structure for compliance of indirect taxation and this will come at one platform. GST is emerge all indirect tax at one roof, GST, or Goods and Services Tax

Key Reasons Why Investment Planning For Retirement Should Be A Priority

January 14, 2017 3832 Views 0 comment Print

Retirement investment planning is critical but often ignored and postponed for a later stage. Most of us tend to believe that our present day earnings and savings will cushion our expenses during retirement years. Rarely do we consider the erosive impact of inflation on our savings.

Aggregate Turnover Under Revised Model GST Law

January 14, 2017 21580 Views 2 comments Print

Article analyses definition of aggregate turnover and changes brought in by Revised GST Draft Law. The definition of aggregate turnover under revised GST Draft Law is under section 2(6) which states that the aggregate turnover shall include all taxable supplies, exempt supplies, exports of goods and/or services and inter-State supplies of a person having the same PAN.

BCAS represents on wrong TDS filing return due date in recent Circular

January 14, 2017 4249 Views 0 comment Print

BCAS made a Representation to CBDT regarding error in stating due date for Filing of Quarterly TDS Statements for Financial Year 2016-2017 in Circular 1/2017.

Notification No. 04/2017-Customs (N.T.) dated: 13.01.2017

January 13, 2017 2755 Views 0 comment Print

Tariff value Notification in respect of Fixation of tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver-Notification No. 04/2017-Customs (N.T.)-

Notification No. 3/2017-Customs (N.T./CAA/DRI) [Cus (NT)] 13-1-2017

January 13, 2017 2722 Views 0 comment Print

Director General, Revenue Intelligence, hereby appoints officers mentioned below to act as a common adjudicating authority vide Notification No. 3/2017-Customs (N.T./CAA/DRI) [Cus (NT)] 13-1-2017

Notification No. 2/2017-Customs (N.T./CAA/DRI) [Cus (NT)] 13-1-2017

January 13, 2017 1126 Views 0 comment Print

Director General, Revenue Intelligence, hereby appoints the officers mentioned in column (6) of the table mentioned below to act as a common adjudicating authority to exercise the powers and discharge the duties conferred or imposed on officers

Notification No. 1/2017-Customs (N.T./CAA/DRI) [Cus (NT)] 13-1-2017

January 13, 2017 1795 Views 0 comment Print

Director General, Revenue Intelligence, hereby appoints below to at as a common adjudicating authority vide Notification No. 1/2017-Customs (N.T./CAA/DRI)

Dispensing with requirement for convening meeting of Equity Shareholders not possible: NCLT

January 13, 2017 2493 Views 0 comment Print

In relation to the dispensation of the meeting of the equity shareholders of the Transferor Company is concerned we are not inclined to grant dispensation taking into consideration the provisions of Companies Act, 2013 and the rules framed there under both of which expressly do not clothe this Tribunal with the power of dispensation in relation to the meeting of shareholders/members.

DGFT amends Export Policy of Animal By-Products

January 13, 2017 3442 Views 0 comment Print

Central Government hereby makes the following amendment, with immediate effect, in Schedule 2 of ITC (HS) Classification of Export & Import Items relating to export of Animal By-Products.

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