According to Section 215 of Insolvency and Bankruptcy Code (IBC), 2016, a financial creditor shall submit financial information and information relating to assets in relation to which any security interest has been created, to an information utility (IU) in such form and manner as may be specified by regulations.
Notification No. 117/2017-Customs (N.T.) Rate of exchange of conversion of ‘South African Rand’ wef 20.12.2017 For Imported Goods 5.20 and For Export Goods 4.85.
Taxpayers can now provide amendment to details of invoices/ credit or debit notes etc filed in previous period, through Table 9 of Form GSTR 1.
Functionality to file quarterly GSTR 1 returns has been provide on the GST Portal, for those taxpayer whose value of clearances is less than Rs. 1.5 Cr in current or previous financial year.
As we all know that Government is insisting to move towards digitization, be it in any sector whether it is Financial, Education or even for that matter Agriculture. Government has also asked to bring to their notice the issues being faced by general public so that genuine reforms can be initiated.
Introduction:‑ – This Act Come into force on 28th May, 2016 as per Central Government notification in the Official Gazette May, 2016. – IBC Code applicable to whole India except jammu & Kashmir. – The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India which seeks to consolidate the existing framework by […]
Startup India is a flagship initiative of the Government of India, intended to build a strong eco-system for nurturing innovation and Startups in the country. Under this initiative a Startup India Portal has been set up which shall serve as a platform for facilitation of Startup recognition, access to information related to incubators, mentors, Angel Funds, Venture Funds etc.
G.S.R. 1522(E) seeking imposition of Safeguard Duty on imports of Solar Cells whether or not assembled in modules or panels into India to protect the domestic producers of like and directly competitive articles (to the PUC) from serious injury / threat of serious injury caused by such increased imports.
There have been complaints that, when an Aadhaar holder visits the telecom service provider for verifying his mobile number with Aadhaar, Airtel is opening his payment bank account and putting that bank account on NPCI’s APB mapper overriding the existing bank account mapping without the informed consent of the Aadhaar holder.
Since Countervailing Duties are not taken into consideration while fixing All Industry Rates of Duty Drawback, the Drawback of such Countervailing Duties can be claimed under an application for Brand Rate under Rule 6 or Rule 7 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 and/or the Customs and Central Excise Duties Drawback Rules, 2017, as the case may be.
