"12 March 2018" Archive - Page 2

Anti-dumping duty on imports of ‘O-Acid’

Notification No. 6/2018-Customs (ADD) [G.S.R. 220 (E)] (12/03/2018)

Seeks to impose anti-dumping duty on imports of ‘O-Acid’ originating in or exported from China PR. [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 6/2018-Customs (ADD) New Delhi, the 12th March, 2018 ...

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Hedging of Commodity Price Risk and Freight Risk in Overseas Markets (Reserve Bank) Directions

RBI/2017-18/138 A.P. (DIR Series) Circular No. 19 (12/03/2018)

RBI had earlier constituted a Working Group to review the guidelines for Hedging of Commodity Price Risk by Residents in overseas markets (Chairman: Shri Chandan Sinha). Based on the report of the working group and comments received on the report, draft directions for hedging of commodity price risk and freight risk were released for comm...

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Launch of Income Tax Business Application – Investigation Module Phase 4

ITBA- Investigation Instruction No. 5 (12/03/2018)

This is in reference to the subject mentioned above. Phase 4 of the Investigation Module has been rolled out on 12.03.2018....

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Costing Calculation Formula – Markup Method and Markdown Method

Costing Calculation Formula – Markup Method and Markdown Method Just enter purchase value and required Gross margin, you can find the sales value in both method markup and Markdown...

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Posted Under: Custom Duty |

Section 54/ 54F Flat booked with builder can be considered as construction of flat

ACIT Vs. Sh. Vineet Kumar Kapila (ITAT Delhi)

ACIT Vs. Sh. Vineet Kumar Kapila (ITAT Delhi) ITAT held that booking of flat with the builder has to be treated as construction of flat by the assessee and hence period of three years would apply for construction of new house from the date of transfer of long term capital asset. Therefore, the Ld. CIT(A) has […]...

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IGST Refund not disbursed due to PFMS error – reg

Public Notice No. 38/2018-JNCH (12/03/2018)

It has come to notice that after generation of IGST Refund Scroll through ICES, in some cases the IGST Refund could not be disbursed due to IFSC not being accepted by PFMS/not registered at PFMS. The list of such IEC holders whose IGST Refund has not been disbursed due to PFMS error is being uploaded on the JNCH website (jawaharcustoms.go...

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GST- Refunds to Exporters & Others – detailed analysis

GST- Refunds to Exporters & Others - Detailed analysis as to who is able to claim the GST Refund, how it could be claimed, when it could be claimed, recent decision of GST council in this regard in meeting dated 10th March...

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Posted Under: Custom Duty |

9 Landmark Judgements in Insolvency and Bankruptcy Code, 2016

The evolving law in due course is seeing some settlement (not by virtue of Article 142 of the Indian Constitution though), but some imperative issues, still some require settlement, and certain others warrant immediate changes. Briefly discussed below are a few imperative judicial pronouncements....

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Posted Under: Custom Duty |

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