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Archive: March, 2018

Posts in March, 2018

Consequential amendment due to change made vide N/N. 22/2018-Customs (N.T.)

March 20, 2018 957 Views 0 comment Print

Seeks to amend notification No. 50/2017-Customs, dated 30.06.2017, so as to make consequential amendment in wake of change made vide notification on No. 22/2018-Customs (N.T.) dated 20.03.2018.

CBEC reduces export duty on raw /white / refined sugar to Nil

March 20, 2018 1008 Views 0 comment Print

Seeks to amend notification No. 27/2011-Customs, dated the 1st March, 2011, so as to reduce export duty on raw sugar, white or refined sugar from 20% to Nil

CBEC reduces duty on Chickpeas (garbanzos), Kabuli chana, Bengal gram etc

March 20, 2018 1269 Views 0 comment Print

First Schedule, in Chapter 7, for tariff item 0713 20 00 and the entries relating thereto, the following shall be substituted, namely: – 0713 20 – Chickpeas (garbanzos):0713 20 10 – – – Kabuli chana kg. 60 % 20 % , 0713 20 20 – – – Bengal gram (desi chana) kg. 60 % 20 % 0713 20 90 – – – Other kg. 60 % 20 %”.

Anti-dumping duty on imports of ‘Dimethylacetamide’

March 20, 2018 2487 Views 0 comment Print

Seeks to impose anti-dumping duty on imports of ‘Dimethylacetamide’ originating in or exported from China PR and Turkey- Notification No. 12/2018-Customs (ADD)

Reg. anti-dumping duty imposed on imports of Melamine

March 20, 2018 1212 Views 0 comment Print

Seeks to order for provisional assessment in the matter of initiation of New Shipper Review under Rule 22 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping duty on dumped articles and for determination of injury) Rules, 1995, for determination of individual dumping margin for exports by M/s. Kuitun Jinjiang Chemical Industries Co. Ltd […]

Anti-dumping duty on ‘Metaphenylene Diamine’ to continue till 21.03.2019

March 20, 2018 495 Views 0 comment Print

In the matter of continuation of anti-dumping duty on ‘Metaphenylene Diamine’, originating in, or exported, from China PR, imposed vide notification No.11/2014-Customs (ADD), dated the 11th March 2014

Technical Issues and Suggestions to speed up refund procedures under GST

March 20, 2018 3642 Views 3 comments Print

Issue 1 : Mismatch in GSTR3B / GSTR1 and Custom EDI System Details : It is observed that in the initial period of GST almost all accounting software including huge ones created a common mistake in reporting GSTR3B and all Tax Payers have filed their Export Data (Against Payment of Taxes) in 3.1 (a) in stand of 3.1 (b).

IIPM liable to pay service tax on courses conducted by it

March 20, 2018 1302 Views 0 comment Print

Since the training courses conducted by IIPM do not result in award of any certificate/ Diploma/ Degree or any other educational qualification recognized by the law being in force, the activity will fall under the category of Section 65 (105) (zzc) of the Act and is a taxable service liable to payment of Service Tax.

Foreign Exchange Management (Cross Border Merger) Regulations, 2018

March 20, 2018 1254 Views 0 comment Print

RBI issues regulations on cross-border mergers between Indian and foreign companies under FEMA, detailing compliance, valuation, and approval processes.

Plea seeking refund of TDS not maintainable during the pendency of scrutiny assessment

March 20, 2018 891 Views 0 comment Print

Seeking refund of TDS already paid by the petitioner to the Department running to the tune of Rs. 54,04,14,180/- and contending that refund for the year 2016-17 is not being granted this writ petition has been filed under Article 226 of the Constitution seeking refund of the TDS deposited.

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