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Archive: 08 December 2020

Posts in 08 December 2020

Customs: Exporter not required to give declaration of technical specification, quality & characteristics of inputs used in resultant product

December 8, 2020 1914 Views 0 comment Print

Unibourne Food Ingredients LLP Vs C.C.-Jamnagar (Prev) (CESTAT Ahmedabad) Customs: Exporter not required to give declaration of technical specification, quality & characteristics of inputs used in resultant product As per Policy Circular No. 72/2008 dated 24.03.2009, flexibility has been given to import alternative inputs or goods which are capable of using in the export product. […]

No declaration can be made for excisable goods-Kerosene Oil under SVLDRS scheme

December 8, 2020 1278 Views 1 comment Print

Assessee was not eligible to make a declaration under the ‘Sabka Vishwas Scheme’ with respect to Superior Kerosene Oil (SKO) as S.K.O. was an excisable goods set forth in the Fourth Schedule to the Act, 1944 and section 125(1)(h) of the Act 2019/ ‘Sabka Vishwas Scheme’ had specifically excluded persons seeking to make declarations with respect to excisable goods set forth in the Fourth Schedule to the Central Excise Act, 1944. 

Major initiatives by ICSI for safe Conduct of CS Exam

December 8, 2020 2397 Views 0 comment Print

In view of the prevalent situation, ICSI is taking all possible measures for conducting CS Examinations scheduled to be held from 21st December to 30th December, 2020 in most safe and secured manner.

ICSI Opt-Out facility from December 2020 to June 2021 exam session

December 8, 2020 6939 Views 1 comment Print

The June, 2021 Session of Examinations shall commence from 1st June, 2021 and the time table for the same shall be hosted on the website separately. Due to the Covid-19 pandemic, the Institute has decided to give a one time option to the students to Opt Out from the December, 2020 Session of Examinations by carrying forward the credit of examination fee to June, 2021 session of examinations.

Exemptions for Government related Services under GST

December 8, 2020 33378 Views 0 comment Print

In this article, author has analysed and gathered together all the exemptions which are for Government related Services provided to or by central government, state government or union territory or local authority or a government entity or governmental authority. Also, various definitions of the terms used under these exemptions are produced herein.

ESIC takes Initiatives for better medical services to Workers

December 8, 2020 792 Views 2 comments Print

Employees’ State Insurance Corporation (ESIC) during its 183rd Meeting held yesterday under the chairmanship of Shri Santosh Kumar Gangwar, Minister of State for Labour & Employment (I/C) has taken several significant decisions to improve its delivery of medical services and other benefits to workers.

AAR cannot decide constitutional validity of ‘liability to pay tax’

December 8, 2020 666 Views 0 comment Print

Khaitan Chemicals and Fertiliser (GST AAR Madhya Pradesh) Authority is of the view that based on the detailed reading and understanding of Section 97 of the CGST Act, an application for Advance Ruling can only be made to determine the ‘liability to pay tax’ on any goods or services or both. Therefore, no application can […]

ICAI changes Centres for CA Foundation Exams in Kerala

December 8, 2020 8883 Views 0 comment Print

It is hereby informed that due to Local Elections in the State of Kerala certain centres of Foundation Examination have been shifted to new examination venue(s), as per details given below.

ICAI reschedule CA Foundation exam scheduled to be held on 8.12.2020

December 8, 2020 1875 Views 0 comment Print

It is notified for general information that, due to unavoidable circumstances, the Chartered Accountants Foundation Examination, Paper – 1, Principles and Practice of Accounting scheduled to be held on 8th December 2020, from 2 PM to 5 PM (IST) stands rescheduled.

Google link to Request For Opt-Out From December 2020 CS Exam

December 8, 2020 2682 Views 0 comment Print

Vide announcement of ICSI issued on 4th December 2020, the Institute has allowed students to take OPT-OUT from December, 2020 exam session to June, 2021 exam session.

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