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Archive: 05 October 2017

Posts in 05 October 2017

Concept of Reverse Charge under GST

October 5, 2017 7536 Views 0 comment Print

The levy of tax on supply of goods and / or services can be grouped under three categories :- (i) in the hands of the supplier or (ii) in the hands of the recipient of goods / services under reverse charge mechanism and, (iii) in case of specified services, in the hands of electronic commerce […]

IBBI (Fast Track Insolvency Resolution Process for Corporate Persons) Second Amendment) Regulations, 2017

October 5, 2017 1179 Views 0 comment Print

No. IBBI/2017-18/GN/REG017 These regulations may be called the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2017.

IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2017

October 5, 2017 1407 Views 0 comment Print

No. IBBI/2017-18/GN/REG018 These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2017.

Govt appoints Counsels to handle Indirect Tax litigation before various HCs

October 5, 2017 2919 Views 0 comment Print

The President of India is please to appoint a fresh panel of Sr. /Jr. Standing Counsels of CBEC to handle litigation of Indirect Taxes before various High Courts and other fora

CBDT: Sitting fee for attending meeting of National Committee increased to Rs. 6000 per day

October 5, 2017 1155 Views 0 comment Print

Sitting fee of Rs. 6000 per day for attending a meeting of the National Committee or any Subordinate Committee set up by the Chairman of the National Committee. However, sitting fee would not be payable where applications are considered by circulation or when a member is on tour.

EPF: FAQs on Inspection Policy under EPF & MP Act, 1952

October 5, 2017 10209 Views 0 comment Print

Please find enclosed herewith the Frequently Asked Questions (FAQs) on Inspection Policy and answer prepared on the direction of Central Information Commission for uploading the same on the official website.

SEBI: Kotak Committee report on Corporate Governance

October 5, 2017 957 Views 0 comment Print

SEBI formed a Committee on Corporate Governance in June 2017 under the Chairmanship of Mr. Uday Kotak with a view to enhancing the standards of corporate governance of listed entities in India. The committee consisted of officials from the government, industry, professional bodies, stock exchanges, academicians, lawyers, proxy advisors, etc. The committee was requested to submit its report within four months.

Aadhaar mandatory for Scheme for Promoting Usage of Agrotextiles in North East Region

October 5, 2017 630 Views 0 comment Print

Ministry through the Implementing Agencies, releases central share of subsidy as well as provides ready-made agrotextile kits (hereinafter referred to as the benefits), to the Agrotextile farmers (hereinafter referred to as the beneficiaries);

Execution of LUT Extended to All Exporters

October 5, 2017 45009 Views 13 comments Print

Now in supersession of Notification No. 16/2017 – Central Tax dated 7th July, 2017, a fresh Notification No. 37/2017 – Central Tax dated 4 th October, 2017 has been issued which extends the facility of LUT to all exporters under rule 96A of the Central Goods and Services Tax Rules, 2017.

Reverse Charge Mechanism under GST- A Study

October 5, 2017 14847 Views 10 comments Print

This video can clear all concepts regarding RCM under GST. RCM is powerful tool used by government , which will not only enhance revenue of government but also help in catch tax payers who are not comply GST provisions. you can also watch my video in hindi on this topic . visit tAX sATHI channel on you tube.

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