"October, 2018" Archive - Page 50

Scope for CS Under Intellectual Property Right (IPR) Law

INTRODUCTION Intellectual property (IP) pertains to any original creation of the human intellect such as artistic, literary, technical, or scientific creation. Intellectual property rights (IPR) refers to the legal rights given to the inventor or creator to protect his invention or creation for a certain period of time. These legal rights...

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Posted Under: CA, CS, CMA |

No GST on supply of goods located outside India to customers within India without physically bringing goods to India

In re Enmarol Petroleum India Pvt. Ltd. (GST AAR Maharashtra)

In re Enmarol Petroleum India Pvt. Ltd. (GST AAR Maharashtra) Question 1:- Whether the applicant is liable to pay GST on the supply of goods located outside India to customers within India without physically bringing the goods to India? Answer :- Answered in the negative. Question 2:- Whether the out & out supplies in the […]...

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e-Book on Bahrain VAT – 48 Things you must know

This e-book on Bahrain VAT by CA Pritam Mahure contains the following- Contents Value Added Tax (VAT) in Bahrain About the Author Forewords 1. Basics of indirect taxation. 2. Primer on VAT. 3. VAT in GCC. 4. About Bahrain. 5. Taxes in Bahrain. 6. Things you must know about VAT. 6.1 VAT is payable on […]...

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Posted Under: CA, CS, CMA |

IGST refunds cannot be claimed after claiming drawback

Circular No. 37/2018-Customs (09/10/2018)

It has been noted that exporters had availed the option to take drawback at higher rate in place of IGST refund out of their own volition. Considering the fact that exporters have made aforesaid declaration while claiming the higher rate of drawback, it has been decided that it would not be justified allowing exporters to avail IGST refun...

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Competition Commission of India amends Combination Regulations

F.No.CCI/CD/Amend/Comb.Regl./2018 (09/10/2018)

Competition Commission of India (CCI), in continuation of its efforts towards simplifying and providing greater clarity on the application of the combination provisions of the Act and the Combination Regulations, has further amended the Combination Regulations on 09th October 2018....

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ICAI: List of Valid Nominations for Central and Regional Council

List of Valid Nomination of candidates for election to the Twenty Fourth Council and Twenty Third Regional Councils has been sent to each candidate whose nomination has been accepted by the Panel of Scrutiny vide letter dated 9th October, 2018...

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Posted Under: CA, CS, CMA |

Eligible Foreign Entities can participate in commodity derivatives market

SEBI/HO/CDMRD/DMP/CIR/P/2018/134 (09/10/2018)

It has been decided to permit foreign entities having actual exposure to Indian commodity markets, to participate in the commodity derivative segment of recognized stock exchanges for hedging their exposure. ...

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Transfer/Posting in Pr. Commissioner / Commissioners of Customs, GST & Central Excise Grade

Office Order No. 148/2018 (09/10/2018)

OFFICE. ORDER NO. 148/2018 With the approval of the competent authority. the following transfers and postings in the grades of Pr. Commissioner/Commissioner of Customs. GST and Central Excise are hereby ordered with immediate effect and until further order....

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Transfer/Posting (Local Change) of 116 officers in CIT grade

Office Order No. 169 of 2018 (09/10/2018)

Office Order No. 169 of 2018 The following transfers/postings (Local Change) in the grade of Commissioners of Income-tax are hereby ordered, with immediate effect and until further orders:...

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Extension of Ad-hoc appointments of 156 ACIT for year 2014-15

Office Order No. 168 of 2018 (09/10/2018)

Office Order No. 168 of 2018 – Extension of Ad-hoc appointments of the Assistant Commissioner of Income Tax (ACIT) for the vacancy year 2014-15 – reg. F.No. A-32013/1/2016-Ad.VI(Part-II) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi. Office Order No. 168 of...

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