"January, 2019" Archive - Page 69

Customs Rate of Exchange of Foreign Currency wef 04.01.2019

Notification No. 02/2019 - Customs (N.T.) 03/01/2019

Customs Rate of Exchange of Foreign Currency Conversion wef 04.01.2019 notified vide Notification No. 02/2019 – Customs (N.T.) dated 3rd January, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOAR OF INDIRECT TAXES AND CUSTOMS) ***** Notification No.02/2019 – Customs (N.T.) New Delhi, dated the 3r...

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Duty Drawback can be claimed on export to Nepal from LCS Barhni

Notification No. 01/2019-Customs (N.T.) 03/01/2019

Inclusion of Land Customs Station (LCS), Barhni in the list of LCSs from which export under claim of Duty Drawback can be made to Nepal vide Notification No. 01/2019-Customs (N.T.) dated 3rd January, 2019...

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ANF-4F & 5B to indicate number of EDI/Non-EDI Shipping Bills used by applicant for redemption

Public Notice No. 66/2015-2020-DGFT 03/01/2019

DGFT notifies vide Public Notice No. 66/2015-20 that ANF-4F and ANF-5B will indicate the number of EDI/Non-EDI Shipping Bills used by the applicant for redemption. Government of India Ministry of Commerce and Industry (Department of Commerce) Directorate General of Foreign Trade Udyog Bhawan, New Delhi ***** Public Notice No. 66/2015-2020...

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Policy for Export of Red Sanders wood by Karnataka Govt by 30.04.2019

Notification No. 48/2015-2020-DGFT 03/01/2018

Time upto 30.04.2019 has been allowed to State Government of Karnataka, to finalize the modalities and complete the process of export of balance quantity of Red Sanders wood....

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ITAT should not remand an issue to TPO which can be considered at its end

Sony Pictures Networks India Pvt Ltd Vs ITAT, Mumbai & Ors. (Bombay High Court)

Sony Pictures Networks India appeal: By not dealing with an issue which is otherwise ripe for consideration and instead remanding to the TPO, the Tribunal ensures further litigation and continued uncertainty for both the Revenue and the assessee, non-consideration of the basic submission made at the hearing as recorded, is clearly a mista...

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Presumptive inference provided by Informant cannot be basis for forming a prima facie opinion

Ravi Pal Vs All India Sugar Trade Association (AISTA) (CCI)

Ravi Pal Vs All India Sugar Trade Association (AISTA) (CCI) After appreciation of the allegations of the Informant and documents submitted including the oral submissions made by the Informant, the Commission is of the view that no evidence has been provided by the Informant to show that there was any meeting of minds between the […...

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Cabinet approves first-ever three way merger in Indian Banking

Notification No. G.S.R. 2(E) 02/01/2019

Cabinet approves first-ever three way merger in Indian Banking with amalgamation of Vijaya, Dena and Bank of Baroda The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the scheme of amalgamation for amalgamating Bank of Baroda, Vijaya Bank and Dena Bank, with Bank of Baroda as the transferee bank and Vijaya Bank [&...

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5 Factors That Should Affect Your Decision of Buying a Term Plan Online

The central idea behind purchasing term insurance is to safeguard your family against future financial contingencies in the event of any eventuality.  Therefore, if you happen to purchase a term plan that is poorly chosen, the decision often proves worthless when the time comes since you hadn’t evaluated your requirements before buying...

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Posted Under: Custom Duty |

GST on services provided from hotel located in non-processing zone of SEZ to clients located in SEZ

In re M/s. Sapthagiri Hospitality Private Limited (GST AAAR Gujarat)

In re M/s. Sapthagiri Hospitality Private Limited (GST AAAR Gujarat) Gujarat Appellate Authority confirms the Advance Ruling given by Gujarat advance ruling authority and rejects the appeal filed by the appellant. The supplies made by applicant, a SEZ co-developer from non-processing zone of SEZ to client located in SEZ for authorized ope...

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Abacus Maths not qualify for exemption from payment of GST: AAAR

In re Ms. Omnisoft Technologies Private Limited (GST AAAR Gujarat)

In re Ms. Omnisoft Technologies Private Limited (GST AAAR Gujarat) Gujarat Appellate Authority confirms the Advance Ruling given by Gujarat advance ruling authority and rejects the appeal filed by M/S Omnisoft Technology Pvt ltd. The activity provided by UCMAS using abacus does not qualify for exemption from the payment of goods and servi...

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