Offence in general means a breach of Law or Act or any illegal act and penalty is defined as the punishment for committing an offence. Section 122 to 138 of the GST Act defines Offences and Penalties under GST. Article explains about Late Fee for delayed or non filing of GST Return, Interest for Late […]
Now, a new section 194M has been inserted whereby Individuals/HUFs (not covered under section 194C, 194H & 194J) shall deduct TDS @5% at the time of payment or credit in the books to any resident for:
Last date of filing of CRA-4 (cost audit report) for all eligible companies for the Financial Year 2018-19, without payment of additional fee, has been further extended till 29.02.2020.
It has been decided that for Bills of Entry having ‘Country of Origin’ benefit, the importer/CB will get the same debited in advance from officer of RMS Facilitation Centre by submitting the hard copy of Bill of Entry alongwith the original copy of COO Certificate before registration of B/E and upload the debited COO certificate in e-sanchit.
Notification No. 39/2019–Customs– Seeks to amend certain Customs Tariff notifications issued under section 110 of the Finance Act, 2018 (13 of 2018) so as to align them with amended Customs Tariff GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 39/2019–Customs New Delhi, the 30th December, 2019 G.S.R. 967(E)- In exercise of the […]
Notification No. 38/2019-Customs– Seeks to amend Customs Tariff notifications No. 82/2017-Customs, dated the 27th October, 2017 so as to align them with amended Customs Tariff. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 38/2019-Customs New Delhi, the 30th December, 2019 G.S.R. 966(E). – In exercise of the powers conferred by sub-section (1) […]
Notification No. 37/2019-Customs– Seeks to amend Customs Tariff notifications No. 50/2017-Customs dated dated the 30th June, 2017 so as to align them with amended Customs Tariff. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 37/2019-Customs New Delhi, the 30th December, 2019 G.S.R. 965(E).- In exercise of the powers conferred by sub-section (1) […]
Notification No. 36/2019-Customs–Seeks to amend Customs Tariff notifications so as to align them with amended Customs Tariff Also Read- Corrigenda to Notification No. 36/2019-Customs, dated 30.12.2019 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 36/2019-Customs New Delhi, the 30th December, 2019 G.S.R. 964(E). – In exercise of the powers conferred by sub-section […]
Notification No. 47/2019-Customs (ADD)– Seeks to amend Anti Dumping notifications issued under section 9A of the Customs Tariff Act,1975 (51 of 1975), read with rules 13, 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) so as to align them with amended […]
The transactions in the NETC system can be performed without any Additional Factor of Authentication (AFA) and / or pre-transaction notification / alert.