Sponsored
    Follow Us:

Archive: 04 March 2020

Posts in 04 March 2020

Event Management & short term accommodation Service falls under inclusive definition of input service

March 4, 2020 1041 Views 1 comment Print

The issue under consideration is that whether Event Management Service, short term accommodation, storage and packing, Management, Maintenance & Repair, Business Auxiliary Service and Business Support Services these are considered as Input Service or not?

CBIC notifies Rate of Exchange of Foreign Currencies wef 05.03.2020

March 4, 2020 930 Views 0 comment Print

Exchange Rate Notification No. 19/2020-Customs (NT) dated 4th March, 2020 Notifying Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 4th March, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 19/2020 – Customs (N.T.) New Delhi, dated the 4th March, 2020 14 Phalguna […]

IMO 2020 Carriage Ban Comes into Effect

March 4, 2020 1764 Views 0 comment Print

The International Maritime Organization is an agency tasked with improving the security and safety of international shipping. One of its key duties is to devise strategies and measures to keep the waterways clean by preventing marine pollution from ships. International Maritime Organization (IMO) is an agency of the United Nations which has been formed to promote […]

NAA directs builder to Pass ITC benefit to Buyers

March 4, 2020 951 Views 0 comment Print

It is established from the perusal of the above facts that the Respondent has benefited from the additional ITC to the extent of 4.04% of the turnover during the period from 01.07.2017 to 31.03.2019 and hence the provisions of Section 171 of the CGST Act, 2017 have been contravened by the Respondent as he has not passed on the above benefit to his customers by commensurate reduction in the prices of the flats.

No profiteering if Base price of Product not changed after Tax Reduction

March 4, 2020 546 Views 0 comment Print

Rahul Sharma Vs Bajaj Electricals Limited (NAA) In the present case, we observe that the allegation of Applicant No. 1 is that the Respondent had increased the MRP of the said product from Rs. 1099/- to Rs. 1405/- or Rs. 1520/- in respect of supplies of the said product and after coming into force of […]

SOP to Download digital copy of Pension Payment Order from Digilocker

March 4, 2020 5349 Views 0 comment Print

With reference to the context cited above, EPFO has collaborated with NISD and has made available the digital version of the Pension Payment Order (PPO) for the Pensioners of Employees’ Pension Scheme at Digilocker Portal for the benefit of the stakeholders.

Issue certificate of insurance with Arogya Sanjevani Policy: IRDAI

March 4, 2020 1131 Views 0 comment Print

Every insurer offering Arogya Sanjevani Policy shall provide a certificate of insurance to the policyholder indicating the availability of health insuarnce coverage.The certificate shall have a reference to access detailed terms and conditions of the policy contract.

Guidelines on handling of claims reported under Corona Virus

March 4, 2020 801 Views 0 comment Print

All claims reported under corona virus shall be handled as per the following norms. i) Where hospitalization is covered in a product, insurers shall ensure that the cases related to Corona virus disease (COVID-19) shall be expeditiously handled.

Indian Institutes of Information Technology Laws (Amendment) Bill, 2020

March 4, 2020 906 Views 0 comment Print

The Indian Institutes of Information Technology Laws (Amendment) Bill, 2020 was Introduced in Lok Sabha on 04th March 2020. Indian Institutes of Information Technology Act, 2014 was enacted in pursuance of a scheme approved by the Government to set up twenty Indian Institutes of Information Technology in Public-private Partnership mode. Fifteen such institutes were incorporated […]

FAQs on CRR exemption

March 4, 2020 1413 Views 0 comment Print

How to compute equivalent amount of incremental credit that can be deducted/exempted from the NDTL for the purpose of CRR? Whether factoring units of MSMEs discounted under the ‘Trade Receivables Discounting System (TReDs) are eligible for exemption/deduction?

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031