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Archive: 14 July 2017

Posts in 14 July 2017

Anti Virus Security come across a new strain of Petya Ransomware

July 14, 2017 1203 Views 0 comment Print

Anti Virus Security Labs has come across a new strain of Petya Ransomware that is affecting users globally. This clearly looks like early signs of a new ransomware attack that is spreading fast across the globe.

FAQs on Banking Ombudsman Scheme, 2006

July 14, 2017 1302 Views 0 comment Print

(Updated as on July 14, 2017) Q.1 What is the Banking Ombudsman Scheme? Ans: The Banking Ombudsman Scheme is an expeditious and inexpensive forum for bank customers for resolution of complaints relating to certain services rendered by banks. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by […]

Notification No. 67/2017 – Customs Dated: 14th July, 2017

July 14, 2017 3483 Views 0 comment Print

Notification No. 67/2017-Customs In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 25/2005-Customs, dated the 1st March, 2005.

Notification No. 71/2017-Customs (N.T.), Dated: 14.07.2017

July 14, 2017 3549 Views 0 comment Print

Notification No. 71/2017-Customs (N.T.), Dated: 14.07.2017 In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001.

ROSL Scroll generation has been activated

July 14, 2017 13971 Views 4 comments Print

Temporary ROSL Scroll of smaller amounts (10-15 Cr.) to be generated, so that rejections, if any, does not affect major number of SBs / Exporters. One Scroll may be generated for every week starting after last ROSL scroll generation date, latest till May 2017. Drawback Officers to be directed to complete the entire process for a week’s file till final scroll generation, before starting next week’s scroll generation.

Modification in Circular related to Tax Effect for Appeal Filing

July 14, 2017 1659 Views 0 comment Print

References are being received by the Board that in certain cases appellate authorities are dismissing appeals without going into the merits of the case by relying on the definition of `tax effect’ as defined in Circular No. 21/2015, which prescribes the monetary limit for filing appeals before various appellate authorities.

ST3 & ST3C utilities April-June, 2017 available for filing

July 14, 2017 17922 Views 0 comment Print

E-filing of Return: Existing registered assessees can file their returns for transactions up to the period June, 2017 by 15th August, 2017 as provisioned under Notification No.18/2017-ST Dated 22.06.2017. The facility for E-filing of return [ST3 & ST3C) for the period April-June, 2017 is provided –

Sale of Goods from Delivery Hub in Punjab to Customers of Punjab although brought from warehouse situated outside Punjab is inter-state supply

July 14, 2017 2718 Views 0 comment Print

Respondent Nos.2 and 3 are the State of Punjab and the State of Karnataka. Respondent Nos.4 and 5 are the Excise & Taxation Commissioner and the Excise and Taxation Officer-cum-Assessing Authority (ETO).

Allahabad High Court Summons parties Through Whatsapp

July 14, 2017 2367 Views 0 comment Print

HC directs the learned Senior Advocate for the petitioner to send WhatsApp message to the Chairman, Sri Anil Pratap Singh and Dr. Ram Jeet Singh Yadav, Secretary/the Election Officer on their mobile requesting them to appear before the Court today.

Relaxation under GST on Housing Society RWA, If Turnover below Rs. 20 lakh

July 14, 2017 9897 Views 3 comments Print

There is a misconception floating all around that the services provided by a Housing Society [Resident Welfare Association (RWA)] will become expensive post GST. But that’s just the myth. Let’s discuss as to how GST throws good impact on services provided by Housing Property/ RWA. Relaxation upto Rs. 20 lakh If the aggregate turnover of […]

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