ICAI submitted sugesstion on 1. Levy of Integrated Tax on goods remaining in Bonded warehouse 2. Audit of assessment of imported or exported goods. 3. Power to issue supplementary notice 4. Communication of an order, decision, summon, notice etc. under Customs Act, 1962 through electronic mails. 5. Requirements for being an applicant of Advance ruling 6. Sections 25A and 25 B and 7. Appellate Authority for AAR
We are pleased to enclose the GST Audit Report (Form 9C) and Statement of Particulars (Form GSTR 9D) to be furnished alongwith the Report. These forms have been drafted keep in in mind the aspects of being simple, transparent, easy to comply, to bring awareness among the tax payers and at the same time protect the revenue for the Government.
ICAI has requested Government to host all the advance ruling judgement at one website either at CBIC or GST Council. ICAI is Apex Body of Chartered Accountants in India. The Authority for Advance Ruling constituted under the GST Laws, have been delivering its judgement regularly on the various cases before it. Presently, there is no […]
Government introduces new scheme ‘Seva Bhoj Yojna’ Scheme seeks to reimburse Central Share of CGST and IGST on Food/Prasad/Langar/Bhandara offered by Religious Institutions The Ministry of Culture, Government of India has introduced a new scheme namely ‘Seva Bhoj Yojna’ with a total outlay of Rs. 325.00 Crores for Financial Years 2018-19 and 2019-20. The scheme […]
Seeks to revise anti-dumping duty on imports of Hydrogen Peroxide originating in or exported from Bangladesh, Taiwan, Korea RP, Indonesia, Pakistan and Thailand by amending the notification No. 28/2017-Customs (ADD) dated 14th June, 2017. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 33/2018-Customs (ADD) New Delhi, dated the 01st June, 2018 G.S.R. […]
Seeks to rescind Anti-Dumping Duty on imports of the ‘Digital Offset Printing Plates’ originating in or exported from China PR imposed vide Notification No. 51/2012- Customs (ADD), dated the 3rd December, 2012. Government Of India Ministry Of Finance Department Of Revenue Central Board Excise And Customs New Delhi Notification No. 32/2018-Customs (ADD); Dated: June 01, […]
Within ICAI too, governance matters are always our top priority, and technology is the best way to manage, resolve and dealing with the issues of a large group like our membership and students. To effectively manage the education & training and other professional requirements of our huge membership and other stakeholders, ICAI has about 70 Committees, Groups and Departments that work thereat.
Roll out of e-Way Bill system for intra-State movement of goods in Chhattisgarh, Goa, Jammu & Kashmir, Mizoram, Odisha, Punjab, Tamil Nadu and West Bengal.
The last date for filing of return in FORM GSTR-6 by Input Service Distributors for the months from July, 2017 to June, 2018 is being extended till 31.07.2018. Relevant Notification is as follows:- Seeks to extend the due date for filing of FORM GSTR-6 for the months from July, 2017 till June, 2018. Government of […]
For many individuals, jargons can be difficult to grasp. And like all professions, the finance industry too has a set of jargons that are used on a daily basis. But as consumers, it is crucial for you to understand these jargons because they could help you in making important financial decisions. After all, you don’t […]