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Archive: 25 October 2018

Posts in 25 October 2018

Reg. Anti-dumping duty on Saccharin exported from China PR

October 25, 2018 933 Views 0 comment Print

To briefly recapitulate, anti-dumping duty on Saccharin originating in and exported from China PR was imposed vide notification No. 41/2007 -Customs (ADD) dated 19.03.2007 for five years. These duties were extended vide notification No. 7/2012-Customs (ADD) dated 13.01.2012 for a period of five year following a sunset review initiated by the Director General of Trade Remedies (DGTR).

Master Direction – Fit and Proper Criteria for Sponsors – Asset Reconstruction Companies (Reserve Bank) Directions, 2018

October 25, 2018 1362 Views 0 comment Print

Reserve Bank of India RBI/DNBR/2018-19/66 Master Direction DNBR. PD (ARC) CC. No. 06/26.03.001/2018-19 Dated: October 25, 2018 The Chairman / Managing Director / Chief Executive Officer All registered Asset Reconstruction Companies Dear Sir/ Madam, Master Direction – Fit and Proper Criteria for Sponsors – Asset Reconstruction Companies (Reserve Bank) Directions, 2018 In exercise of the […]

Fire Audit of Currency Chests – Clarification

October 25, 2018 1287 Views 0 comment Print

We have been receiving references from various banks about non-availability of staff in State / District Fire Departments for getting the periodical fire audit conducted in their respective currency chests.

Re-Assessment Order under Karnataka VAT after GST rollout is Valid

October 25, 2018 8529 Views 0 comment Print

M/s. Prosper Jewel Arcade LLP Vs The Deputy Commissioner Commercial Taxes (High Court Karnataka) The Court further added that “therefore, the larger constitutional questions raised in the present writ petition and as sought to be canvassed by the learned Senior Counsel for the petitioner like the substitution of Entry 54 in List II, effect of […]

GST Circular on detention / confiscation of goods & conveyances: Analysis

October 25, 2018 8940 Views 0 comment Print

CGST circular No 41 dt 13.04.2018 in the table format for easy reference

Revised Form 13 & Procedure for Lower/ Nil Rate TDS/ TCS certificate

October 25, 2018 98535 Views 8 comments Print

In exercise of the powers conferred by sections 197 and 206C read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely

Appointment of Company Secretary as per Companies Act 2013

October 25, 2018 190344 Views 10 comments Print

The Appointment of Company Secretary (CS) has been made mandatory under Companies Act 2013 for a few class of the company like listed companies or company having paid-up capital more than the 5 Crore. Who is a Company Secretary? A company secretary is a principally an employee even though he holds very high rank. He / […]

Withdrawal rules for your provident fund account

October 25, 2018 16434 Views 3 comments Print

Provident Fund is a product which helps salaried people to accumulate funds while they are earning for the period the income flow stops. So generally it is not supposed to be withdrawn before its maturity and jeopardise one’s retirement. However there are circumstances when resorting to the money accumulated in the provident fund account becomes […]

Appointment of Auditor for Conducting GST audit of Allahabad Bank

October 25, 2018 3000 Views 0 comment Print

ALLAHABAD BANK GENERAL ACCOUNTS AND AUDIT DEPARTMENT HEAD OFFICE: 2 NETAJI SUBHAS ROAD, KOLKATA-700 001, INDIA E-Mail: [email protected] Website: www.allahabadbank.in REQUEST FOR PROPOSAL (RFP) FOR APPOINTMENT OF AUDITOR FOR CONDUCTING GST AUDIT OF ALLAHABAD BANK Ref. No.: HO.GAC/GST/01/2018-19 Date: 22.10.2018 Disclaimer The information contained in this Request for Proposal (RFP) document or information provided subsequently […]

Home Buyer cannot reap benefits of her own delay in taking possession: SC

October 25, 2018 1251 Views 0 comment Print

M/s. Supertech Ltd. Vs Rajni Goyal (Supreme Court) The Appellant – Builder inter alia submitted that – Possession of the flat was offered to the Respondent – Purchaser in December 2015 after obtaining the Completion Certificate for the building. Even though the Agreement provided for delivery of possession by 31.10.2013, the delay occurred because of […]

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