"18 October 2017" Archive

Evidences required to be produced by supplier of deemed export for claiming refund

Notification No. 49/2017-Central Tax [G.S.R. 1306(E).] (18/10/2017)

Seeks to notify the evidences required to be produced by the supplier of deemed export supplies for claiming refund under rule 89(2)(g) of the CGST rules, 2017...

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Draft Notification of amendment of Income Tax Rule 17A and Form 10A

Vide Finance Act, 2017, a new clause (ab) was inserted in sub-section (1) of section 12A the Income-tax Act, 1961 (the Act) w.e.f 01.04.2018 to the effect that where a trust or an institution, which has been granted registration under sections 12A or 12AA of the Act ...

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Tips for Taxpayers while Installing new version of Offline Tool on GST Portal

Uninstall any previous version of the tool installed on your system. Extract the -OfflineTool.zip downloaded from portal and install by selecting GST offline Tool icon. For detailed instruction, for installation please refer Read Me file in the extracted folder. ...

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CBEC notifies certain supplies as deemed exports under CGST Act, 2017

Notification No. 48/2017-Central Tax [G.S.R. 1305(E)] (18/10/2017)

Central Government hereby notifies following supplies of goods as deemed exports, namely:-Supply of goods by a registered person against Advance Authorization...

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Are Safe Harbor margins attractive?

Under Transfer Pricing regulation, Safe Harbor rules means binding rules laid down under law which mandates income tax authorities to accept the transfer price declared by the assesse, if opted for. Further section 92CB provides methods for determination of arm’s length price....

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An easy understanding of Insolvency & Bankruptcy code 2016

The Insolvency and Bankruptcy Code, 2016 (the Code) passed by the Lok Sabha on 5th May 2016 seeks to provide a framework for time-bound settlement of insolvency by formulating a survival mechanism or by ensuring speedy liquidation through a formal insolvency resolution process (IRP)...

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Section 247 of Companies Act 2017-Valuation by Registered Valuers- Applicable from 18.10.2017

F. No. 1/27/2013-CL-V (18/10/2017)

Central Government hereby appoints the 18th October, 2017 as the date on which the provisions of section 247 of the Companies Act 2013 shall come into force....

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EPFO members can link their UAN with Aadhaar online

EPFO is pleased to introduce a new facility for its esteemed members having Universal Account Number (UAN) and other relevant details to link their respective UAN with Aadhaar online. This, in turn, would facilitate the members, a better and speedy EPFO services....

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Companies (Registered Valuers and Valuation) Rules, 2017

G.S.R 1316(E) (18/10/2017)

1. Short title and commencement.— (1) These rules may be called the Companies (Registered Valuers and Valuation) Rules, 2017. (2) They shall come into force on the date of their publication in the Official Gazette....

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Amendment in policy for import / Export from North Korea

Notification No. 35/2015-2020-DGFT (18/10/2017)

Amendment in Para 2.17 of the foreign trade policy 2015-2020 on imports and exports to Democratic People`s Republic of Korea (DPRK) in terms of UNSC resolutions concerning DPRK...

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