Importers/exporters/customs brokers would not be allowed to upload the previously issued LPCOs on eSANCHIT e.f. 01/07/2019. Further PGAs are required to upload the LPCOs issued by them during the last 15 days from the above cut-off date. Any LPCOs issued on a prior date may also be uploaded by the PGAs on eSANCHIT, in order […]
Deputy Commissioner for Stamps (DC) erroneously directed assessee to pay stamp duty under Article 28(a) of the Stamp Act without properly examining the recitals of the document where the relationship of the donor and the donee was clearly mentioned and without looking into the provisions of Sections 2 and 3 of the Stamp Act, therefore, the order could not be sustained.
CMA Arif Farooqui Nowadays a debate is going on that Public Sector Undertakings (PSUs) must be privatized as they are not performing, their employees are not efficient etc. Rajiv Kumar, Vice-Chairman of NITI Aayog believes that the new government should privatised one PSU every week. Government starts privatization of PSUs by either selling its shares or completely shutting […]
Punjab Chief Minister Captain Amarinder Singh today wrote to Prime Minister Narendra Modi, suggesting the way forward on GST 2.0 rollout, with 101 concrete suggestions to plug the gaps in GST 1.0 and alleviate the problems currently faced by businesses in its implementation.
The Union Budget for 2019-20 will be presented in the Lok Sabha on Friday, the 5th July, 2019 at 11.00 am and after presentation/laying of the Budget, the respective Houses will be adjourned for the day.
In Some Major decisions Government has decided to give pension coverage to Traders, PM-KISAN Scheme extension to include all eligible farmer families irrespective of the size of land holdings and Pension scheme to secure lives of 5 crore farmers in three years. 1. Traders to get pension coverage! Cabinet clears pension scheme for traders 3 […]
Shri Anurag Singh Thakur assumed charge of office as the Union Minister of State (MoS) for Finance & Corporate Affairs here today. Shri Thakur took the charge in the august presence of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman.
Notification No. 39/2019 – Customs (N.T.)- CBEC hereby makes the following amendments in the Central Board of Indirect Taxes and Customs Notification No.37/2019-CUSTOMS (N.T.), dated 16th May, 2019 with effect from 1st June, 2019.
Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nuts, Gold and Sliver notified vide Notification No. 38/2019-CUSTOMS (N.T.) Dated 31st May, 2019. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 38/2019-Customs (N.T.) New Delhi, 31st May, 2019 S.O. … (E).– In exercise of […]
Please note that last date for filing ACTIVE (INC-22A) expires on 15th June 2019 and no further extension would be provided. In case ACTIVE is not filed on or before the said date, the compliance status for such companies shall be marked as ‘ACTIVE Non-compliant’ and Directors of such ‘ACTIVE non-compliant’ companies shall be marked […]
