"27 April 2018" Archive

7.19 lakh crore collected under GST in Financial Year 2017-18

During 2017-18, total revenue collected under GST in the period between August 2017 and March 2018 has been Rs. 7.19 lakh crore. This includes Rs. 1.19 lakh crore of CGST, Rs. 1.72 lakh crore of SGST, Rs. 3.66 lakh crore of IGST (including Rs. 1.73 lakh crore on imports) and Rs. 62,021 crore of cess (including Rs. 5702 crore on imports). ...

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GST implementation team won PMs award for Excellence in Public Administration

DO.No.17/CH(EC)/2018 (27/04/2018)

Team GST comprising officers of the CBIC and the States have won the Prime Ministers award for Excellence in Public Administration this year....

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Recording of UIN on invoice issued to Embassies / Missions / Consulates or UN organizations is necessary

Recording of UIN while making such supplies by the suppliers will enable Foreign Diplomatic Missions / UN Organizations to claim refund of the taxes paid by them in India. Therefore, it is advised that suppliers should record the UIN of the Embassies / Missions / Consulates or UN organizations on the tax invoice....

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Last date to file AOC-4 XBRL E-Forms further extended to 31.05.2018

General Circular No. 04/2018 (27/04/2018)

Last date of filing of AOC-4 XBRL E-Forms using Ind AS under Companies Act, 2013 for financial year 2016-17, without additional fee till 31st May, 2018....

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Launch of Study Material for Executive Programme (New Syllabus 2017)

The Institute of Company Secretaries of India with its ever evolving educational structure aims to incorporate each single development in every arena of corporate activity concerning this brigade of professionals to make them truly live up to the meaning of 'intellectuals'....

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Draft Indian Valuation Standard 303 – Financial Instruments

Following is the Exposure Draft of the Indian Valuation Standard 303 Financial Instruments issued by the Valuation Standards Board of the Institute of Chartered Accountants of India, for comments....

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Draft Indian Valuation Standard 302 – Intangible Assets

The Board invites comments on any aspect of this Exposure Draft. Comments are most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide a suggestion for alternative wording....

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Monitoring of Foreign Investment limits in listed Indian companies- Revised system applicable from 18.05.2018

Circular No. IMD/FPIC/CIR/P/2018/74-SEBI (27/04/2018)

SEBI vide Circular No. IMD/FPIC/CIR/P/2018/61 dated April 5, 2018 introduced a new system for Monitoring of Foreign Investment limits in listed Indian companies and prescribed guidelines w.r.t the necessary infrastructure, data to be provided by listed Indian companies and other related matters....

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Draft Indian Valuation Standard 301 – Business Valuation

The Board invites comments on any aspect of this Exposure Draft. Comments are most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide suggestions for alternative wording....

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Draft Indian Valuation Standard 202 – Reporting and Documentation

Following is the Exposure Draft of the Indian Valuation Standard 202 Valuation Report and Documentation issued by the Valuation Standards Board of the Institute of Chartered Accountants of India, for comments....

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