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Archive: 14 May 2019

Posts in 14 May 2019

CBIC postpones increase of duty on specified imports from USA to 16.06.2019

May 14, 2019 1020 Views 0 comment Print

Notification No. 15/2019-Customs- Seeks to further amend notification No. 50/2017-customs dated 30th June 2017 to postpone the implementation of increased customs duty on specified imports originating in USA from 16th May, 2019 to 16th June, 2019. MINISTRY OF FINANCE (Department of Revenue) Notification No. 15/2019-Customs New Delhi, the 14th May, 2019 G.S.R. 361(E).—In exercise of […]

How to claim MEIS benefits for exports in which e-BRC is not generated

May 14, 2019 5742 Views 0 comment Print

Procedure for claiming MEIS benefits for exports realized under Para 2.52 (b) of the FTP and for exports in which e-BRC is not generated by banks has been notified. Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Public Notice No. 8/2015-20-DGFT Dated the 14th may, 2019 Subject: Amendment in […]

Last date to apply for Imports of Maize (feed grade) under TRQ Scheme extended till 31.05.2019

May 14, 2019 423 Views 0 comment Print

As it has been observed that applications could not be filed by the STEs till 30.4.2019 and since the STEs have requested to extend the time limit to submit the applications; the last date for filing applications for import of feed-grade Maize (corn) under the TRQ scheme at 15% Customs duty meant only for poultry firms on actual user basis, by the STEs is hereby extended till 31st May 2019.

Practical Difficulties in DPT-3, MSME-1, DIR-3 KYC & Demat- FAQs

May 14, 2019 6165 Views 0 comment Print

Practical Difficulties – MCA Updates (DPT-3, MSME-1, DIR-3 KYC, Demat of Public Company) FAQ’S – DPT-3- One Time 1. Which information are required to filed according to Rule 16A in e-form DPT-3:- As per New Rule 16A, Every Company has to file e-form DPT-3 with ROC containing following Information: √ Every Outstanding Loan (Not Considered […]

New Norms- Charge Creation/ Modification under Companies Act, 2013 & Company (Amendment) Ordinance, 2018

May 14, 2019 87486 Views 6 comments Print

Creation/ modification of charge are one of crucial activity for Loan from Bank/ financial institutions etc.  When Companies Act, 2013 introduced at that time Charge satisfaction form required to be submitted with ROC within 30 days of satisfaction otherwise Company have to file application of compounding with Regional Director. However, by Companies Amendment Act, 2017 […]

Examination and Assessment of RMS facilitated Bill of Entry – reg

May 14, 2019 5088 Views 0 comment Print

It is noticed that the Assessing Officers of Groups are, sometimes, giving examination order to verify compliance of RE-44/2000, which may entail opening of the packages and examination. Thus, the very purpose of facilitation for examination by RMS, gets defeated in case of such consignments. It is, therefore, instructed that the Assessing Officers should strictly refrain from giving such examination order which results into opening and examination of the import consignments.

Delhi HC bars appointment in GST Appellate Tribunal without its permission

May 14, 2019 1167 Views 0 comment Print

It is directed that the Respondents shall not, without prior intimation to this Court, proceed to appoint persons to the GST Appellate Tribunal till the next date.

Defer due date of form INC-22A and DIR- 3

May 14, 2019 22086 Views 0 comment Print

Federation Of All India Vyapar Mandal requested Ministry of Corporate Affairs that to facilitate small and startups who are willing to carry on their businesses in organized sector, it is further requested that the form INC-22A last date of which is 25th April and DIR- 3 last date of which is 30th April, may kindly […]

Assessee can decide Self occupied & Deemed let out property for Taxation

May 14, 2019 2769 Views 0 comment Print

The issue under consideration is whether the assessee having two properties has right to choose Self occupied and deemed let out property for the purpose of taxation?

Laying of underground cable by mobile service provider is exigible to property tax

May 14, 2019 3063 Views 0 comment Print

Laying of underground cable by the mobile service provider is exigible to property tax being a levy for use of land for laying of cable and not on cable itself.

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