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Archive: 28 January 2019

Posts in 28 January 2019

Anti-dumping duty on Fluoroelastomers (FKM) import from China

January 28, 2019 1419 Views 0 comment Print

CBIC seeks to impose definitive anti-dumping duty on Fluoroelastomers (FKM) originating in or exported from China PR vide Notification No. 6/2019-Customs (ADD) Dated 28th January, 2019 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th January, 2019 Notification No. 6/2019-Customs (ADD) G.S.R. 52(E).—Whereas, in the matter of import of ‘Fluoroelastomers (FKM)’ (hereinafter referred […]

Analysis of changes in CGST & IGST Acts applicable w.e.f. 01.02.2019

January 28, 2019 63114 Views 3 comments Print

We are summarising herewith section-wise tabular presentation of amended CGST Act, 2017and IGST Act, 2017 in comparison with pre-amendment Acts. This tabular also discusses the effect of these amendments along with suggestions as to further simplification of the GST Laws.

DGFT & CBIC: The ugly face of corrupt practices –4th story

January 28, 2019 2490 Views 0 comment Print

The Udyog Bhawan & the North Block houses the elite policymakers & probably the best of the IAS & the IRS (because in any efficient system, the merit should rise to the top & be entrusted with policy making task) but then when you find the best in the country indulging into a con game […]

Onetime Compliance for All Companies -New e form DPT-3

January 28, 2019 25095 Views 1 comment Print

On 22nd January, 2019 MCA came up with a new sub-rule under Companies (Acceptance of Deposits), Rules, 2014 which says that every company (other than government company) shall file an onetime return of outstanding receipt of money or Loan by a Company but not considered as deposits and an explanation is added in Rule 16 […]

Liability & status of Official Assignees under Income-tax Act

January 28, 2019 7152 Views 0 comment Print

Official Assignee is required to file income-tax return electronically in the ITR Form applicable to ‘artificial juridical person’ separately for each of the estate of the insolvent and the income shall be taxed as per the rates applicable in a particular year to an ‘artificial juridical person’.

Everything About Certificate of Commencement of Business & INC 20A Form

January 28, 2019 24885 Views 2 comments Print

After the commencement of Companies (Amendment) Ordinance Act, 2018, every company shall obtain certificate of Commencement of business by filing form INC 20A within 180 days of its incorporation.

Revised List of Blocked Credit Under GST From 01.02.2019

January 28, 2019 46359 Views 6 comments Print

This list of blocked credit has been updated by amendment in GST Act which shall come into force from 1st February 2019 and the same is presented below in a tabular form for understanding purpose.

Place of Supply for Immovable Property Services under GST

January 28, 2019 16032 Views 0 comment Print

Place of Supply for Immovable Property Services under GST is Location at which the immovable property is situated. If immovable property is located outside India, then the place of supply shall be the location of the recipient

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