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Archive: 24 October 2017

Posts in 24 October 2017

Notifications issued u/s 21 of CGST Act, 2017 to apply automatically to UTGST

October 24, 2017 1170 Views 0 comment Print

Central Government, on the recommendations of the Council, hereby notify that subject to provisions of the said Act and the rules made thereunder, the notifications issued under the Central Goods and Services Tax Act, 2017 (No. 12 of 2017) relating to the subjects referred in Section 21 of the said Act are automatically extended to the said Act.

Anti-dumping duty on imports of Cold-rolled Flat products

October 24, 2017 1770 Views 0 comment Print

G.S.R. 1327 (E).- Whereas, in the matter of review of anti-dumping duty on import of Cold Rolled Flat Products of Stainless Steel, falling under the heading 7219 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) [hereinafter referred to as the Customs Tariff Act]

Amendment in Notification No. 96/2017-Customs (N.T.), dated 18th October, 2017

October 24, 2017 3288 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby makes the following further amendments in the Notification of the Central Board of Excise and Customs No.96/2017-CUSTOMS (N.T.), dated 18th October, 2017, with effect from 25th October, 2017

Permission to resident / non-resident entities to hedge transactions with simple Procedures

October 24, 2017 711 Views 0 comment Print

Notwithstanding anything contained in paras 4, 5, 5A and 5B, resident entities with foreign currency exposures and non- resident entities with rupee exposures, other than individuals, may hedge underlying exchange rate risk arising out of transactions permitted under Foreign Exchange Management Act, 1999

Onetime relaxation for EO extension & clubbing of Advance Authorsations– reg

October 24, 2017 1608 Views 0 comment Print

One time relaxation is provided for Clubbing of advance Authorisations issued during foreign trade policy 2002-07 and foreign trade policy 2004-09. One time relaxation is provided for extension of export obligation period of Advance authorizations issued under Foreign Trade Policy 2002-07, Foreign Trade Policy 2004-2009 and Advance Authorisations issued prior to 5.6.2012 under foreign trade Policy 2009-14.

Validity period of duty credit scrips increased to 24 Months

October 24, 2017 10866 Views 0 comment Print

The validity period of duty credit scrips issued under chapter 3 of Foreign Trade policy is being increased from 18 to 24 months for scrips issued with effect from 01.01.2016.

Order No. 181/2017 Promotion & posting in the grade of Pr. CIT

October 24, 2017 1530 Views 0 comment Print

Consequent upon the approval of the Competent Authority the following officers in the grade of Commissioner of Income Tax are, hereby, promoted to the grade of Principal Commissioner of Income Tax (level 15 in the pay matrix Rs.1,82,200 – 2,24,100) against the panel year 2016-17 w.e.f. the date of assumption of charge of the post and until further orders

MGST: Late fee waiver on delayed filing of GSTR-3B for Aug & Sep 2017

October 24, 2017 1032 Views 0 comment Print

Government of Maharashtra, on the recommendations of the Council, hereby waives the late fee payable under section 47 of the said Act, for all the registered persons who failed to furnish the return in FORM-GSTR-3B for the month of August and September 2017 by the due date.

Constitution of Advance Ruling Authority under MGST Act

October 24, 2017 1383 Views 0 comment Print

overnment of Maharashtra hereby constitutes the Maharashtra Authority for Advance Ruling for the State of Maharashtra consisting of :— (1) Shri B. V. Borhade, Joint Commissioner of State Tax and (2) Shri Pankaj Kumar, Joint Commissioner of Central Tax.

Amendment in Notification No. 4/2017-Customs (N.T./CAA/DRI) dated 30.01.2017

October 24, 2017 492 Views 0 comment Print

S.O. (E). – In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette of India, Extra-ordinary, Part-II, section 3, sub-section (i), and as amended by notification No. 133/2015-Customs (N.T.)

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