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Archive: December, 2019

Posts in December, 2019

IBC (Second Amendment) Bill, 2019 introduced in Lok Sabha

December 12, 2019 3090 Views 0 comment Print

The Insolvency And Bankruptcy Code (Second Amendment) Bill, 2019 is been Introduced in Lok Sabha on 12th December 2019. Text of the Bill is as follows:- AS INTRODUCED IN LOK SABHA Bill No. 376 of 2019 THE INSOLVENCY AND BANKRUPTCY CODE (SECOND AMENDMENT) BILL, 2019 A BILL further to amend the Insolvency and Bankruptcy Code, […]

RBI Master Circular on Collection of Direct Tax – OLTAS

December 12, 2019 2762 Views 0 comment Print

List of 31 circulars of Master Circular on OLTAS – withdrawn with immediate effect- List of 4 circulars of Master Circular on OLTAS – Continue to remain operational

Mandatory supporting documents | Document code & IRN | Bills of Entry

December 12, 2019 19999 Views 0 comment Print

Currently, on the import side, uploading of at least one document on e-Sanchit is mandatory for every Bill of Entry. This is now being modified to mandatorily uploading on eSANCHIT, for every Bill of Entry, Invoice/ Invoice cum packing list and Transport Contract i.e. Bill of Lading/ Airway bill etc., as the case may be.

Certificate of Origin | Export to Nepal | Foreign Trade Agreement (FTA) | Preferential Trade Agreement

December 12, 2019 23763 Views 4 comments Print

Similarly, for exports to Nepal under South Asian Free Trade Area (SAFTA) and SAARC Preferential Trading Arrangement (SAPTA), the Preferential Certificate of Origin shall be applied and issued only from this platform with effect from 18th December 2019.

Jurisdiction of Sales Tax Officer amended under MVAT, 2002

December 12, 2019 4944 Views 0 comment Print

No. DC (A & R) PWR/JURIS-2012/2/ADM-8.—In exercise of the powers delegated under sub­section (3) of section 10 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Commissioner of Sales Tax, Maharashtra State, Mumbai hereby with effect from the 22nd April 2019 amends the Notification No. DC (A & R)/PWR/JURIS-2012/2/Adm-8, dated the 6th November 2012, as follows, namely :––

Guideline- Joining/Association with “Networks” by ICAI Members in Practice

December 12, 2019 20100 Views 0 comment Print

It is hereby clarified that associations with ‘Network’ as a medium of referral of professional work is permissible only if the Network is registered with the Institute, comprising only of Chartered Accountants/ Chartered Accountant Firms, and governed by the Institute’s Network Guidelines

CBDT extends ad-hoc appointment of 157 officers to ACIT grade

December 12, 2019 1494 Views 0 comment Print

Office Order No. 254 of 2019 – Extension of ad-hoc appointment to the grade of Assistant Commissioner of Income Tax (ACIT) – reg F.No. A-32013/1/2016-Ad.VI(Part-11) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) **** North Block, New Delhi, The 12th December, 2019. Office Order No. 254 of 2019 In […]

The Citizenship (Amendment) Act, 2019

December 12, 2019 6750 Views 0 comment Print

(1) This Act may be called the Citizenship (Amendment) Act, 2019. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Promotion of Officers to the grade of PCIT

December 12, 2019 6390 Views 0 comment Print

Office Order No. 253 of 2019 – Promotion of Officers to the grade of Principal Commissioner of Income Tax (PCIT) – reg F.No. A-32011/3/2018-Ad-VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 12.12.2019 Office Order No. 253 of 2019 Consequent upon approval […]

Monitor Redressal of GSTN Network Grievances: HC instructs GSTN

December 12, 2019 1293 Views 0 comment Print

Sales Tax Bar Association (Regd) & Anr. Vs Union of India & Ors. (Delhi High Court) Till the constitution of Public Grievance Committees (PGCs), we direct that the Chairman and the CEO, GSTN shall be responsible to monitor, and they shall ensure the rederessal of all grievances relating to the GSTN, including IT related grievances […]

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