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Archive: October, 2017

Posts in October, 2017

Govt appoints Counsels to handle Indirect Tax litigation before various HCs

October 5, 2017 3463 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 1404 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 10989 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 1302 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 828 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 46086 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 15498 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.

Scheme of budgetary support under GST Regime

October 5, 2017 24498 Views 1 comment Print

In pursuance of the decision of the Government of India to provide budgetary support to the existing eligible manufacturing units operating in the States of Jammu & Kashmir, Uttarakhand, Himachal Pradesh and North Eastern States including Sikkim under different Industrial Promotion Schemes of the Government of India, for a residual period for which each of the units is eligible, a new scheme is being introduced.

Due dates for GSTR 1 for August 2017 is yet to be announced

October 5, 2017 99810 Views 29 comments Print

As per the Official twitter handle of the GoI for queries on GST, The dates for filling GSTR -1 for the month of August 2017 is yet to be announced and the tentative date is after the last date for filling of GSTR -3 for the month of July 2017.

Grasim & others guilty of bid rigging Delhi Jal Board tenders: CCI

October 5, 2017 4398 Views 0 comment Print

CCI issues order against Grasim Industries Limited, Aditya Birla Chemicals (India) Ltd. and Gujarat Alkalies and Chemicals Ltd. for bid rigging Delhi Jal Board tenders for supply of Poly Aluminium Chloride; Imposes penalty of Rs. 2.30 crore, Rs. 2.09 crore and Rs. 1.88 crore upon GIL, ABCIL and GACL for the anti-competitive conduct. The Competition […]

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