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Archive: January, 2017

Posts in January, 2017

Charging Vat on discounted MRP is unfair Trade Practice: NCDRC

January 4, 2017 4458 Views 0 comment Print

Once it has come on record that the MRP of the product includes all taxes, it was not open for the trader to impose VAT again on the discounted price.

Election Commission declares dates of 2017 election to be held in 5 States

January 4, 2017 1882 Views 0 comment Print

Schedule for the General Elections to the Legislative Assemblies of Goa, Manipur, Punjab, Uttarakhand and Uttar Pradesh.

All about GST Suvidha Providers (GSPs) with FAQs

January 4, 2017 16186 Views 1 comment Print

The list of the successful and qualified GSPs can be viewed at ww.gstn.org/ecosystem/images/Qualified GSPs.pdf. GSTN congratulates the GSP applicants who have successfully met all the requirements of becoming GSPs.

US Economy to Get Slow in Long Term

January 4, 2017 1675 Views 0 comment Print

Yesterday Donald Trump banged the heads of Ford from setting up a new plant at Mexico and threatened to hike taxes for doing business outside its current operating region. Many US companies will have to go through these phases now and it seems that S&P 500 companies revenue and US stock market dream to scale new heights will come down in 2017 if not then in 2018.

Exemption to IFSC Private company U/s. of 462 of Companies Act, 2013

January 4, 2017 15301 Views 0 comment Print

MCA Notification –Exemption to Specified International Financial Services Centre (IFSC) Private company –under section 462 of Companies Act, 2013

Exemption to IFSC Public company U/s. of 462 of Companies Act, 2013

January 4, 2017 13351 Views 0 comment Print

MCA Notification –Exemption to Specified International Financial Services Centre (IFSC) Public company –under section 462 of Companies Act, 2013

Guidelines for participation/functioning of Eligible FIs and FPIs in IFSC

January 4, 2017 3139 Views 0 comment Print

Guidelines for participation/functioning of Eligible Foreign Investors (EFIs) and FPIs in International Financial Services Centre (IFSC).

Challenge of award passed by Permanent Lok Adalat

January 4, 2017 11484 Views 0 comment Print

The award passed by the Permanent Lok Adalat can be challenged by party to dispute under Article 226/227 of the Constitution of India.

Date to start GST Migration for Excise / Service Tax assesses prescribed

January 4, 2017 58747 Views 8 comments Print

Enrolment date for the Central Excise assessees and Service Tax assessees have been differently prescribed. GST Migration for Excise assesses to start from 05/01/2017 and Service Tax assesses from 09/01/2017.

India-Sweden DTAA- Suspension of Collection of Taxes during MAP

January 4, 2017 4045 Views 0 comment Print

India-Sweden Convention for Avoidance of Double Taxation and Prevention of Fiscal Evasion (DTAC or Convention) – Suspension of Collection of Taxes during Mutual Agreement Procedure (MAP)

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