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Archive: 30 November 2018

Posts in 30 November 2018

GST Audit Process and Assessment Thereof

November 30, 2018 18231 Views 2 comments Print

The current article provides the audit and assessment procedure involved in an audit being conducted by the tax authorities and also audit process and assessment involved in the special audit being conducted by the proper officer.

Govt notifies Wastage Norms & Value Addition of Gold religious idols

November 30, 2018 1794 Views 0 comment Print

Wastage Norms and Value Addition in respect of Gold religious idols (only gods and goddess)- both plain and studded, of 8 carats and above (upto 24 carats) are prescribed in Para 4.60 and 4.61 of the HBP.

Govt allows export of Gold idols (only gods and goddess) from DTA

November 30, 2018 924 Views 0 comment Print

Para 4.32(i) of Chapter 4 of the Foreign Trade Policy 2015-20 is amended to allow export of Gold idols (only gods and goddess) of 8 carats and above (upto 24 carats) from domestic tariff area.

Dr. Ajay Bhushan Pandey takes over as Revenue Secretary

November 30, 2018 684 Views 0 comment Print

Ministry of Finance Dr. Ajay Bhushan Pandey takes over as Revenue Secretary Posted On: 30 NOV 2018 Dr. Ajay Bhushan Pandey (IAS: MH 1984) took over as the Union Revenue Secretary upon superannuation of Dr Hasmukh Adhia here today. Outgoing Finance Secretary & Revenue Secretary, Dr Hasmukh Adhia welcomed Dr Pandey in his office. A […]

Due date for filling Annual Vat Return in Punjab extended up to 15.12.2018

November 30, 2018 3537 Views 0 comment Print

Due date for filling Annual Vat Return in form VAT-20 for the year 2017-18 in Punjab is once again extended up to 15th December 2018

Standard on Internal Audit (SIA) 8 Terms of Internal Audit Engagement

November 30, 2018 6654 Views 0 comment Print

The following is the text of the Standard on Internal Audit (SIA) 8, Terms of Internal Audit Engagement, issued by the Council of the Institute of Chartered Accountants of India. These Standards should be read in conjunction with the Preface to the Standards on Internal Audit, issued by the Institute. In terms of the decision […]

Standard on Internal Audit (SIA) 7, Quality Assurance in Internal Audit

November 30, 2018 2550 Views 0 comment Print

The following is the text of the Standard on Internal Audit (SIA) 7, Quality Assurance in Internal Audit, issued by the Council of the Institute of Chartered Accountants of India. These Standards should be read in conjunction with the Preface to the Standards on Internal Audit, issued by the Institute. In terms of the decision […]

Standard on Internal Audit (SIA) 6 Analytical Procedures

November 30, 2018 3135 Views 0 comment Print

The following is the text of the Standard on Internal Audit (SIA) 6, Analytical Procedures, issued by the Council of the Institute of Chartered Accountants of India. These Standards should be read in conjunction with the Preface to the Standards on Internal Audit, issued by the Institute. In terms of the decision of the Council […]

Trading hours for commodity derivatives segment

November 30, 2018 363 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2018/146 November 30, 2018 To, The Managing Directors / Chief Executive Officers All Recognised Stock Exchanges and Clearing Corporations having commodity derivatives segment Sir / Madam, Sub: Trading hours for commodity derivatives segment 1. Vide circular SEBI/HO/CDMRD/DMP/CIR/P/2016/75 dated August 30, 2016 SEBI had inter-alia specified commodity category-wise time limits within […]

Standard on Internal Audit (SIA) 5, Sampling

November 30, 2018 26094 Views 2 comments Print

The following is the text of the Standard on Internal Audit (SIA) 5, Sampling, issued by the Council of the Institute of Chartered Accountants of India. These Standards should be read in conjunction with the Preface to the Standards on Internal Audit, issued by the Institute. In terms of the decision of the Council of […]

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