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Archive: 01 July 2017

Posts in 01 July 2017

Master Circular- Disbursement of Govt Pension by Agency Banks

July 1, 2017 1278 Views 0 comment Print

In order to obviate the time lag between issue of DR orders and payment of DR to the beneficiary and to render expeditious service to senior citizens, the following action is required to be taken:

MVAT: Govt Rescinds N/No. MGST-1017/CR-103(21) dated 29.06.2017

July 1, 2017 1878 Views 0 comment Print

Government of Maharashtra, hereby rescinds the Government notification of the Finance Department No. MGST. 1017/C.R. 103 (21)/Taxation 1.— dated the 29th June 2017 published in the Maharashtra Government Gazette, Part IV-B, Extra-ordinary No. 182 the dated 29th June, 2017 on page 134.

GST-Reduction in rate of Fertilizer- Corrigendum

July 1, 2017 1053 Views 0 comment Print

GST-Reduction in rate of Fertilizer- Corrigendum and Amendment to Notification Rate Schedule-Goods CR-104 dated 29th June 2017- Mineral or chemical fertilisers containing two or three of the fertilising elements nitrogen, phosphorus and potassium; other fertilisers; goods of this Chapter in tablets or similar forms or in packages of a gross weight not exceeding 10 kg; other than those which are clearly not to be used as fertilizers

Seeks to rescind notification no.16/2010-central excise dated 27.02.2010

July 1, 2017 672 Views 0 comment Print

In exercise of the powers conferred by sub-section (3) of section 3A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 16/2010-Central Excise, dated the 27th February, 2010 published in the Gazette of India, Extraordinary vide number G.S.R. 118 (E), dated the 27th February, 2010

Seeks to exempt goods mentioned in 7th schedule to finance act,2005

July 1, 2017 1923 Views 0 comment Print

Seeks to provide exemption to all goods mentioned in the seventh schedule to the finance act, 2005 from whole of the additional duties of excise leviable thereon.

Export procedure and sealing of containerized cargo-regarding.

July 1, 2017 16674 Views 0 comment Print

Goods and Service Tax has become operational from 01-07-2017. In the UST regime, the governing provisions related to exports are contained in section 16 of the Integrated Goods and Service Tax Act, 2017 (IGST Act). Supplies of goods and services for exports have been categorized as

GST: The Rise of a New Dawn (Introduction and Impact)

July 1, 2017 19023 Views 2 comments Print

It’s been more than a decade now since we have been listening the buzz about Goods and Services Tax (GST), but now we have seen implementation of GST turning into reality as the Govt. has launched GST on 01/07/2017.

One Nation, One Tax, Here It Comes- GST (Good & Simple Tax)

July 1, 2017 5235 Views 2 comments Print

The historical move, the biggest tax reform finally i.e. GST now a reality. Goods and Services Tax (GST) finally, after crossing all the hurdles, launched by Prime Minister Narendra Modi at Parliament’s historic Central Hall, together with President Pranab Mukherjee. Meeting started with FM Arun Jaitley’s speech by thanking GST Council. ‘GST is an Important […]

One nation, one tax” is reality now! India successfully launches GST!!

July 1, 2017 2412 Views 0 comment Print

Much-awaited Goods and Services Tax (GST) lunched as expected at the historic Central Hall of parliament in the presence of President Pranab Mukharjee, Prime minster Narendra Modi, finance minister Arun Jaitley and other Cabinet ministers, many chief ministers and senior government official.

Do You want to be an Expert in GST? Join our GST Course

July 1, 2017 79238 Views 56 comments Print

Join our most intensive and comprehensive Online Certification Course on GST organised jointly by GST Professionals, TaxGuru.in and MSME across India starting from 20th January 2019.

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