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Archive: October, 2017

Posts in October, 2017

MGST: Evidences required to be produced by the supplier of deemed exports

October 18, 2017 906 Views 0 comment Print

Acknowledgment by the jurisdictional Tax officer of the Advance Authorization holder or Export Promotion Capital Goods Authoritative holder, as the case may be, that the said deemed export supplies have been received by the said Advance Authorization or Export Promotion Capital Goods Authorization holder, or a copy of the tax invoice under which such supplies have been made by the supplier, duly signed by the recipient Export Oriented Unit that said deemed export supplies have been received by it.

CIPAM-DIPP Launches Logo and Tagline Contest for Geographical Indications of India

October 18, 2017 849 Views 0 comment Print

The Cell for IPR Promotions & Management (CIPAM) under the aegis of the Department of Industrial Policy Promotion (DIPP), Ministry of Commerce and Industry, has launched a logo and tagline/slogan contest for Geographical Indications (GIs) of India on MyGov.in website.

MGST: List of supplier of Goods treated as deemed exports

October 18, 2017 1617 Views 0 comment Print

Government of Maharashtra, on the recommendations of the Council, hereby notifies the supplies of goods listed in column (2) of the Table below as deemed exports, namely :—

Rate of exchange of conversion of foreign currency WEF 19.10.2017

October 18, 2017 1251 Views 0 comment Print

CBEC hereby determines rate of exchange of conversion of each of foreign currencies into Indian currency or vice versa with effect from 19th October, 2017

10th Amendment to MGST Rules 2017

October 18, 2017 1107 Views 0 comment Print

Government of Maharashtra hereby makes the following rules further to amend the Maharashtra Goods and Services Tax Rules 2017, namely :— Maharashtra Goods and Services Tax (Tenth Amendment) Rules, 2017.

Interest subvention scheme for Women SHGs – Year 2017-18

October 18, 2017 1290 Views 0 comment Print

Reserve Bank of India RBI/2017-18/80 FIDD.GSSD.CO.BC.No.17/09.01.03/2017-18 October 18, 2017 The Chairman / Managing Director Public and Private Sector Banks (As per list in Annexure II) Dear Sir / Madam, Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) – Aajeevika – Interest Subvention Scheme Please refer to our circular FIDD.GSSD.CO.BC.NO.13/09.01.03/2016-17 dated August 25, 2016 on […]

CBI arrests Ahmedabad businessman in demonetised currency note case

October 18, 2017 4311 Views 0 comment Print

The case relates to depositing of demonetized currency notes in UCO Bank, St. Xavier’s High School Road Branch, Ahmedabad, it was registered on 07.04.2017 on the allegations that the said accused, Propriator of Ahmedabad based private company

GST: Clarification on movement of goods on approval basis

October 18, 2017 56472 Views 1 comment Print

Clarification on issues wherein the goods are moved within the State or from the State of registration to another State for supply on approval basis- Various communications have been received particularly from the suppliers of jewellery etc. who are registered in one State but may have to visit other States (other than their State of registration) and need to carry the goods (such as jewellery) along for approval.

Officer authorized for enrolling or rejecting application for GST Practitioner

October 18, 2017 4026 Views 2 comments Print

CBEC hereby specifies the Assistant Commissioner/Deputy Commissioner, having jurisdiction over the place declared as address in the application for enrolment as Goods and Service Tax Practitioner in FORM GST PCT-1 submitted in terms of sub-section (1) of section 48 of the Central Goods and Services Tax Act, 2017 read with sub-rule (2) of rule 83 of the Central Goods and Service Tax Rules, 2017 as the officer authorized to approve or reject the said application.

Reassignment of cases pending as on 30-6-2017 with Commissioner of Central Excise and Service Tax (Appeals)

October 17, 2017 3963 Views 0 comment Print

One such measure relates to the reduction of pendency at the level of Commissioner (Appeals) by redistributing the cases pending as on 30-6-2017 at this level. The intention is to redistribute the appeals pending as on 30-6-2017 in the jurisdiction of a Zone (with the Commissioners of Central Excise and Service Tax (Appeals)),

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