CBIC press release dated 18th October 2018 on Last date to avail Input Tax Credit in respect of invoices or Debit Notes relating to such invoices pertaining to period from July, 2017 to March, 2018.
Procedure to be followed in cases of manufacturing or other operations undertaken in bonded warehouses under section 65 of the Customs Act vide Circular No. 38/2018-Customs Dated the 18th October 2018
DOT and UIDAI in a joint statement today clarified that a few news reports in the media which state that 50 Crore mobile numbers, almost half of the total mobiles in circulation, are at the risk of disconnection, are completely untrue and imaginary.
Customs Rate of Exchange of Foreign Currency Conversion wef 19.10.2018 notified vide Notification No. 87/2018 – Customs (N.T.) dated 18th October, 2018 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 87/2018 – Customs (N.T.) New Delhi, dated the 18th October, 2018 26 Asvina 1940 […]
Seeks to impose definitive anti-dumping duty on the imports of Straight Length Bars and Rods of Alloy Steel originating in or exported from China PR vide Notification No. 54/2018-Customs (ADD) Dated 18th October, 2018.
Seeks to levy definitive anti dumping duty on Flax yarn below 70 lea count imported from China PR vide Notification No. 53/2018-Customs (ADD) Dated: 18th October, 2018
Gujarat High Court granted stay on conducting audit of records of taxpayers under 5A of Service Tax Rules, 1994, by Officers of C&AG who were sending communications through CGST officers.
CIT(A) quashed the reassessment proceedings on the ground that the same has been initiated on a non-existing entity and, therefore, the reassessment proceedings are void ab initio.
It is clarified that the taxpayers who have opted to pay tax under the composition levy shall not furnish the data in serial number 4A of Table 4 of FORM GSTR-4. The required changes in the CGST Rules, 2017 would be notified shortly.
Assessee was justified in following exclusive method of accounting for valuation of closing stock as entire exercise was tax neutral and there was no impact on the profitability of assessee due to method of accounting followed.
