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Archive: January, 2017

Posts in January, 2017

CBDT signs 3 APAs pertaining to Engineering Goods & Shipping sectors

January 5, 2017 937 Views 0 comment Print

Central Board of Direct Taxes signs three more Advance Pricing Agreements pertaining to the Engineering Goods and Shipping sectors. With this, the total number of APAs entered into by the CBDT reaches 120. The Central Board of Direct Taxes (CBDT) has started the year 2017 by entering into three unilateral Advance Pricing Agreements (APAs) today. […]

SC ask details of cases where validity of search & seizure questioned

January 5, 2017 5254 Views 0 comment Print

SC has desired that it be informed regarding number & details of such cases pending before High Courts and Tribunals wherein the Courts/Tribunals have questioned validity of search and seizure operations

Demand without pre show cause notice for consultation meeting valid if appellant suppressed facts

January 5, 2017 1113 Views 0 comment Print

Commnr.,Central Excise, Customs and Service Tax Vs Sanket Communications Pvt. Ltd. (Orissa High Court) Heard Mr.P.Mohapatra, learned Standing counsel for the Central Excise, Customs & Service Tax for the petitioners and learned counsel appearing for the opposite party. Petitioners have filed this application to review/modification of the order dated 15.12.2016 passed in W.P.(C) No. 21861 […]

SEBI (Alternative Investment Funds) (Amendment) Regulations, 2016

January 4, 2017 1585 Views 0 comment Print

No. SEBI/LAD/NRO/GN/2016-17/026.– In exercise of the powers conferred by sub­section (1) of section 30 read with sub-section (1) of section 11, clause (ba) and clause (c) of sub-section (2) of section 11 and sub-sections (1) and (1 B) of section 12 of the Securities and Exchange Board of India Act, 1992 (15 of 1992)

SEBI LODR (Third Amendment) Regulations, 2016

January 4, 2017 4525 Views 0 comment Print

These regulations shall be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2016.

Scheduled bank approved for EPF Contribution and to Receive Cheques

January 4, 2017 2023 Views 0 comment Print

Employees’ Provident Funds (Amendment) Scheme, 2017.- In paragraph 38, in sub-paragraph (1), after the words and letters or through Pay Gov platform, the words or through scheduled banks in India including private sector banks shall be inserted

Single Window Interface for Facilitation of Trade (SWIFT) to Exports

January 4, 2017 2437 Views 0 comment Print

With successful implementation of SWIFT for import, it is proposed to implement online-release from Partner Government Agencies (PGAs) for exports from 05/1/2017 onwards as a pilot at Chennai, Delhi and Mumbai Air cargo complexes for CITES/ wildlife items.

8th Meeting of GST Council held on 3rd & 4rth Jan 2017

January 4, 2017 5425 Views 0 comment Print

8th two days meeting of GST Council concluded on 4th January 2017 but the contentious issue of tax administration remained un-resolved. Next meet scheduled on Wednesday – 11th Jan 17 to deliberate the same.

Cabinet approves India -Uruguay agreement for help in Customs matters

January 4, 2017 1207 Views 0 comment Print

Union Cabinet, has approved signing and ratifying an Agreement between India and Uruguay regarding Cooperation and Mutual Assistance in Customs Matters.

5 Amazing points on GST Model Law – A must Read

January 4, 2017 30445 Views 5 comments Print

Since now the demonitization is finally settled down, the next hot issue shall be the implementation of GST until and unless the BIP government comes out with something new.

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