Sponsored
    Follow Us:

Archive: 05 June 2017

Posts in 05 June 2017

Puducherry Goods and Services Tax Act, 2017

June 5, 2017 1767 Views 0 comment Print

THE PUDUCHERRY GOODS AND SERVICES TAX ACT, 2017 (Act No. 6 of 2017) AN ACT to make a provision for levy and collection of tax on Intra-State supply of goods or services or both by the Union territory of Puducherry and the matters connected therewith or incidental thereto.

Online Generation of Rotation Number by Shipping Lines/ Agents

June 5, 2017 9081 Views 0 comment Print

Attention of all the importers, Exporters, Customs Brokers, Shipping Lines/ Agents and other stake holders is invited to the facility of Online Generation of Rotation Number by Shipping Lines/ Agents communicated by Board Circular No. 20/2017-Customs dated 31.05.2017 and Public Notice No. 166/2016-17 dated 05.12.2016 issued by JNCH.

Anti-dumping duty, on ‘Toluene Di-Isocyanate’ (TDI)- Reg.

June 5, 2017 837 Views 0 comment Print

Seeks to levy provisional anti-dumping duty, on ‘Toluene Di-Isocyanate’ (TDI) originating in or exported from China PR, Japan and Korea RP for a period of six months (unless revoked, superseded or amended earlier) from the date of imposition of the provisional anti-dumping duty, that is, 5th June, 2017

IRDA: Point of Salespersons- Distribution of Add-ons– Maintenance of records– Submission of Returns

June 5, 2017 1728 Views 0 comment Print

In accordance with point No.VII (3) of Guidelines on Point of Sales Person (POS) No. IRDA/Int/GDL/ORD/183/10/2015 dated 26th October 2015, the insurance companies and insurance intermediaries are advised to keep with them the record of the particulars of the PoS and the business procured by them, as per format given at Annexure I.

Credit of central duties on stock as on 01.07.17 in GST Regime

June 5, 2017 15048 Views 6 comments Print

Allowable Credit of Central Duties in respect of stock as on 01.07.17 as per Section 140(3) . Following person are entitled to take credit 1. Not liable to register under earlier law 2. Was engaged in manufacturing exempted goods or providing exempted services 3. Availed the benefit of 26/2012 4. FSD/SSD/Registered Importer Condition for taking […]

Recovery cannot be effected 3 years from the date of SCN

June 5, 2017 2076 Views 0 comment Print

Next question needs to be considered is whether the demand for the period March 2003 to February 2007 can be enforced when the demand notice was issued on 14.9.2007. In the aforesaid case where the Honorable High Court observed that the in absence of time limit prescribed for recovery, a reasonable period, be applied for […]

Finding of incriminating material during search of third party is a pre-requisite for exercise of power U/s. 153C r.w. section 153A

June 5, 2017 2406 Views 0 comment Print

Materials such as books of account, documents or valuable assets found during a search should belong to a third party which would lead to an inference of undisclosed income of such third party. Such an inference should be recorded by the Assessing Officer having jurisdiction over the searched persons and communicated to the Assessing Officer […]

RLNG supplied by GAIL is not CNG and is Taxable under UP VAT Act

June 5, 2017 4500 Views 0 comment Print

1. Whether ‘Regasified Liquefied Natural Gas’ i.e. ‘RLNG’, sold to revisionist by Gas Authority of India Ltd. i.e. ‘GAIL’ is ‘Compressed Natural Gas (CNG)’, so as to oust it from the purview of taxing Entry 8(a) of Schedule IV of Uttar Pradesh Value Added Tax Act, 2008, (hereinafter referred to as ‘Act’) is the question […]

E-Way Bill Rules & Compliance Under GST

June 5, 2017 23550 Views 4 comments Print

Under GST law, every registered person who causes movement of goods of consignment value exceeding Rs. 50000, before commencement of movement, shall furnish information about the goods in FORM GST INS-01 .

All about Goods and Service Tax Practitioner (GSTP) Under GST

June 5, 2017 57378 Views 27 comments Print

The all new biggest tax reform in India which is going to roll out from July 1, 2017 i.e. Goods and Service Tax, emerged with another concept of Goods and Service Tax Practitioner.

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031