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Here’s How Mr Jain’s Legacy Has Continued in the Face of Calamities

April 2, 2018 1851 Views 0 comment Print

People think they don’t need to do any kind of estate planning. However, a thorough estate planning expresses the decedent’s intentions to whom he or she wishes to pass money and property after his or her demise. This legacy was kept intact by the Jain family by forming Trusts. Perhaps the most powerful and straightforward way to use a trust was to ensure that the heirs had timely access to the family wealth.

CBIC imposes 10% BCD on Camera Module and Connectors of cellular mobile phones

April 2, 2018 1869 Views 0 comment Print

Seeks to further amend notification No. 50/2017-Customs dated 30.06.2017 so as to withdraw exemption from BCD on Camera Module and Connectors of cellular mobile phones and impose 10% BCD on them.

CBIC imposes BCD on Camera Module & Connectors of cellular mobile phones

April 2, 2018 966 Views 0 comment Print

Seeks to further amend notification No. 25/2005-Customs dated 01.03.2005 so as to withdraw exemption from BCD on Camera Module and Connectors, of cellular mobile phones and impose 10% BCD on them.

CBIC imposes BCD on PCBA of cellular mobile phones

April 2, 2018 1176 Views 0 comment Print

Seeks to further amend notification No. 24/2005-Customs dated 01.03.2005 so as to withdraw exemption from BCD on Printed Circuit Board Assembly (PCBA) of cellular mobile phones and impose 10% BCD on them.

CBIC imposes 10% BCD on PCBA, Camera Module & Connectors of cellphone

April 2, 2018 2067 Views 0 comment Print

Seeks to further amend notification No. 57/2017-Customs dated 30.06.2017 so as to withdraw exemption from BCD on Printed Circuit Board Assembly (PCBA), Camera Module and Connectors, of cellular mobile phones and impose 10% BCD on them.

CBIC imposes 10% BCD on populated, loaded or stuffed printed circuit boards

April 2, 2018 2793 Views 0 comment Print

Seeks to increase tariff rate of BCD on populated, loaded or stuffed printed circuit boards, falling under tariff item 8517 70 10, of the First Schedule to the Customs Tariff Act, 1975 from Nil to 10%.

CBIC notifies Pre-notice Consultation Regulations, 2018

April 2, 2018 17022 Views 0 comment Print

Pre-notice consultation shall be made in the following manner:- (1) Before the notice is issued, the proper officer shall inform, in writing, the person chargeable with duty or interest of the intention to issue the notice specifying the grounds known to the proper officer on which such notice is proposed to be issued and the process of pre-notice consultation shall be initiated as far as possible atleast two months before the expiry of the time limit mentioned in sub-section (3) of section 28 of the Act.

Suggest on regulation of fee payable to insolvency professional: IBBI

April 2, 2018 4608 Views 0 comment Print

Insolvency and Bankruptcy Board of India (IBBI) released a discussion paper today on regulation of fee payable to insolvency professionals (IPs) and other process costs under Corporate Insolvency Resolution Process (CIRP). The discussion paper is available at www.ibbi.gov.in.

4 new facilities on GST Portal or in GST Forms / Utilities wef 01.04.2018

April 2, 2018 42981 Views 5 comments Print

Offline Tool of Form GSTR 1 has been modified to allow taxpayer to delete more than 2500 Invoices at one go. A Reset Button has been enabled for Form GSTR 3B, which were in submit status as on 20th February 2018. Taxpayers can now click on the reset button, which opens up Form GSTR-3B in […]

Test Check genuineness of Online EPF Claims for settlement: EPFO

April 2, 2018 9198 Views 0 comment Print

(i) Out of the list of online claims being provided, atleast 1% of online cases must be test checked for genuineness. (ii) The member/employer may also be contacted, if felt necessary based on the above observations, to confirm genuineness of the claim.

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