Follow Us:

Archive: June, 2018

Posts in June, 2018

Suggestions invited on draft on Cross-Border Insolvency

June 20, 2018 966 Views 0 comment Print

The Ministry of Corporate Affairs (MCA), Government of India, invites comments and views from stakeholders on introductory note and draft on Cross-Border Insolvency. The MCA is keen to introduce a globally accepted and well-recognised cross-border insolvency framework, fine-tuned to suit the needs of aspirational Indian economy. The Government has taken initiative for Cross-Border Insolvency within […]

Submission of application seeking authorization for import / export of restricted items through e-mail – reg.

June 20, 2018 3249 Views 0 comment Print

No. 01/53/162/Misc./AM-19/D-7/IC Government of India Ministry of Commerce & Industry Directorate General of Foreign Trade Udyog Bhawan, New Delhi Dated: 20th June, 2018 TRADE NOTICE (NO. 18/2018) To (i) RAs of DGFT (ii) Members of Trade Sub: Submission of application seeking authorization for import / export of restricted items through e-mail – reg. It has […]

Revised address of DGFT and its RAs and their jurisdiction

June 20, 2018 867 Views 0 comment Print

The office address of DGFT and its Regional Authorities and their Jurisdiction have been updated and private SEZs from SI.No.47 to 53 have been added to Appendix 1A of Foreign Trade Policy, 2015-20.

DGFT enables exporters to file single DFIA application for exports made from any EDI port

June 20, 2018 1005 Views 0 comment Print

Paragraph 4.29 (vi) and Para 4.29(vii) of Foreign Trade Policy 2015-20 is replaced enabling exporters to file single DFIA application for exports made from any EDI port and separate applications for export made from each non-EDI port.

Income from Toddy Tapping is eligible for deduction U/s. 80P

June 20, 2018 3378 Views 0 comment Print

When such extraction of toddy is carried on from the trees belonging to the members of the Society, it is definitely an agricultural produce grown by its members. Vending of such produce grown by its members even under a regulatory regime would be marketing of an agricultural produce.

DGFT permits Supply of essential commodities to Maldives during 2018-19

June 20, 2018 612 Views 0 comment Print

Export of Potatoes, Onions, Rice, Wheat Flour, Sugar, Dal and Eggs has been permitted to the Republic of Maldives under bilateral trade agreement between Government of India and Government of Maldives during the period 2018-19 w.e.f. April, 2018 as per the quantities indicated in the Table at Para 1 above. The export of above items to Republic of Maldives will be exempted from any existing or future restriction / prohibition on export.

HC explains Law related to Arrest for Income Tax Default

June 20, 2018 12237 Views 0 comment Print

M A Zahid Vs ACIT (Karnataka High Court) In this case First and foremost the petitioner is not accused of committing any non-bailable offence so as to invoke the jurisdiction under section 438 of Cr.P.C. Secondly, the apprehension expressed by the petitioner is also without any basis. As could be seen from the above Rules, […]

Minutes of RBI Monetary Policy Committee Meeting June 4-6, 2018

June 20, 2018 816 Views 0 comment Print

The meeting was attended by all the members – Dr. Chetan Ghate, Professor, Indian Statistical Institute; Dr. Pami Dua, Director, Delhi School of Economics; Dr. Ravindra H. Dholakia, former Professor, Indian Institute of Management, Ahmedabad; Dr. Michael Debabrata Patra

GST: Supply of service to Companies cannot be regarded as Service to Govt

June 20, 2018 1584 Views 0 comment Print

Recipient of the service Odisha Knowledge Corporation Limited (OKCL) is a body corporate which cannot be regarded as Government. Therefore, the activities of the applicant by way of supply, of goods and services under the ICT project are not covered under Entry 72 of the notification no.12/2017 dated 28.06.2017, to be entitled to the benefit of exemption from GST.

NO GST exemption on Man Power services to Hospital – cum – General Medical College and State Universities

June 20, 2018 11475 Views 0 comment Print

The services provided by the applicant, i.e. Man Power services to Hospital – cum – General Medical College and State University do not qualify for exemption under Sr. No. 66 of notification no. 12/2017-Central Tax (Rate) dated 28.06.2017 and corresponding notification No. 47/ST-2 Dt. 30.06.2017 of the State Tax.

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031