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Archive: July, 2017

Posts in July, 2017

Detailed guidelines for re-testing of samples from import consignments

July 18, 2017 19059 Views 1 comment Print

F. No. 450/15/2017-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Custom) ******** Circular No. 30/2017-Cus New Delhi, dated 18th July, 2017 To All Principal Chief Commissioners/Chief Commissioners of Customs / Customs (Preventive), All Principal Chief Commissioners/Chief Commissioners of Customs and Central Excise, All Directors General, All Principal […]

CBEC notifies increase in Compensation Cess rates on cigarettes

July 18, 2017 2529 Views 0 comment Print

Seeks to amend notification No. 1/2017- Compensation Cess (Rate), dated 28th, June, 2017 so as to increase the Compensation Cess rates on cigarettes as mentioned in the notification with effect from 18th, July, 2017 – 03/2017

JITSIC Tackling Global Tax Risks

July 18, 2017 774 Views 0 comment Print

India participated in the fourth Joint International Taskforce on Shared Intelligence and Collaboration (JITSIC) meeting reconvened in Paris to pursue the work on the Panama Papers in the last week of June 2017.

How to create GST Payment Challan and Edit the Saved Challan

July 18, 2017 44310 Views 0 comment Print

Article explains how is a GST payment Challan is generated for making payments without logging or after logging onto the GST Portal. It also explains how to retrieve the saved Challan and edit it and once a Challan is saved, it is valid for how many days? A. Manual on Create Challan (Pre Login) under […]

FAQs on GST Enrolment Activities Post Appointed Date

July 18, 2017 2691 Views 0 comment Print

Yes, the Enrolment Application for enrolment under GST can be rejected in case incorrect details have been furnished or uploaded fake or incorrect documents have been attached with the Enrolment Application.

Exposure Draft of Ind AS 116, Leases

July 18, 2017 2349 Views 0 comment Print

Following is the Exposure Draft of the Ind AS 116, Leases, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of this Exposure Draft. Comments are most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide suggestions for alternative wording.

Appointment of Cost Auditor for F.Y. 2017-18 with NTPC Limited

July 18, 2017 1689 Views 0 comment Print

NTPC Ltd. invites Expression of Interest (EOI) for Empanelment/ Appointment of cost Auditors for the financial Year 2017-18. Interested firms having requisite experience in Cost Audit may send their application in prescribed format in sealed envelope

What Differentiates a Financial Planner from Investment Advisor?

July 18, 2017 1836 Views 1 comment Print

A few decades ago, there was confusion with what sales and marketing are. People thought they are one and the same. But it is to be understood that sales is just an important ingredient of the functions of marketing.

RERA: Penalties & Punishments for Non compliance by Promoters

July 18, 2017 9544 Views 0 comment Print

This article discusses in detail Penalties and Punishments for Non compliance by Promoters & compounding of offences under of RERA (Real Estate Regulation and Development Act, 2016).

Checklist on Composition Scheme under GST

July 18, 2017 9342 Views 11 comments Print

1 Whether the person with an annual turnover of less than 75 lakhs on the sale of goods or services in the preceeding financial year in a single state have opt to pay a tax under composition scheme? Conditions: Provided that no such permission shall be granted to a taxable person who effects any inter-State supplies of goods and/or services.

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