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Archive: 05 April 2017

Posts in 05 April 2017

CBEC notifies Amendment in Import Policy of Raw Sugar

April 5, 2017 573 Views 0 comment Print

Raw Sugar upto an aggregate of five lakh metric tonnes of total imports of such goods- The rate of duty specified in column (4) shall apply to such quantity of imports for which an importer holds a Tariff Rate Quota Allocation Certificate or license, as the case may be, issued by Directorate General of Foreign Trade in accordance with the procedure, as may be specified by Directorate General of Foreign Trade by a Notification or Public Notice as the case maybe.

Govt allows duty free Import of 5 Lakh MT raw sugar under TRQ

April 5, 2017 774 Views 0 comment Print

Import of 5 Lakh MT of raw sugar under Exim Code 170114 of Chapter 17 of ITC (HS), 2017–Schedule–I (Import Policy) is allowed duty free under TRQ.

Rate of exchange of conversion of South African Rand WEF 06.04.2017

April 5, 2017 438 Views 0 comment Print

Rate of exchange of conversion of South African Rand WEF 06.04.2017 notified by CBEC vide Notification No. 32/2017 – Customs (N.T.) Dated 05 April, 2017

IT Exemption cannot be denied to South Indian Film Chamber of Commerce

April 5, 2017 792 Views 0 comment Print

In this appeal filed by the Revenue, it is aggrieved that ld. Commissioner of Income Tax (Appeals) allowed the assessee claim for its exemption u/s.11 of the Income Tax Act, 1961 (in short BC the Act CC). Appeal has been filed with a delay of ten days. Condonation petition has been filed. Delay is condoned and appeal admitted.

Govt mandates Aadhaar for Internship Scheme of MCA

April 5, 2017 1017 Views 0 comment Print

Ministry of Corporate Affairs is administering the Internship Scheme to provide a platform for post-graduate students who are pursuing courses in Commerce, Law, Economics and Management streams to develop awareness about formulation and implementation of corporate policies of the Union Government.

Appointment of Consultants for GST Implementation in Allahabad Bank

April 5, 2017 2073 Views 0 comment Print

Request For Proposal (Rfp) For Engagement Of Consultants For Implementation Of Goods And Services Tax (GST) In Allahabad Bank

Rule 12 of Income Tax Rules wef 1st April 2017 related to ITR

April 5, 2017 75648 Views 5 comments Print

Get a complete understanding of Rule 12 of Income Tax Rules wef 1st April 2017 related to ITR. Stay up to date with the recent amendments and changes.

Extension of facility of Direct Port Delivery to main importers

April 5, 2017 1035 Views 0 comment Print

It has been observed that Direct Port Delivery (DPD) facility has reduced the time and cost for importers considerably. Therefore, it has been decided to consider Direct Port Delivery (DPD) permission to all such importers who are manufacturers, registered IPR holders provided their bulk of import is in FCL (Full container Load) and is being facilitated by RMS i.e. no examination, no assessment.

All about ITR-1 Sahaj as applicable for A.Y. 2017-18

April 5, 2017 31074 Views 0 comment Print

Understand how to fill out ITR-1 Sahaj for AY 2017-18. Find helpful guidelines for individuals with income from salary, pension, or one house property.

All about ITR-4 SUGAM as applicable for A.Y. 2017-18

April 5, 2017 24213 Views 0 comment Print

A comprehensive guide to filling ITR-4 SUGAM for A.Y. 2017-18. Follow these instructions to ensure accuracy and compliance with tax laws.

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