The MEIS benefit is notified for ‘Bengal-gram’ under ITC (HS) code 07132000 for a period of 3 months for exports made from the date of this Public Notice. Further, the entry pertaining to HS Code 07132000 is placed at Annexure to Public Notice No.62 dated 16.02.2018 for processing of MEIS applications
In re M/s. Docsun Power Pvt. Ltd. (AAR Gujarat) Applicant provides service of installation of Earthing System. ‘Electrical installation services including Electrical wiring & fitting services, fire alarm installation services, burglar alarm system installation services’ fall under Service Accounting Code 995461. Accordingly, the Service Accounting Code 995461 covers the service of installation of ‘Earthing System’ provided […]
Migrated taxpayers who have inadvertently selected themselves as SEZ, can send their requests to become SEZ on the email: reset.sezflag@gst.gov.in. Taxpayers who have not migrated as SEZ, can send their requests to become SEZ on the email : reset.sezflag@gst.gov.in. Please attach scanned copy of LOA for obtaining registration as SEZ /SEZ developer units.
Features such as surety of returns and preservation of capital have ensured that fixed deposits continue to be the favourite investment alternative for the masses. However, this trend is changing with the changes in the investor’s preferences towards equity and mutual funds.
In case where notice u/s 142(1) (i) &(ii) is already issued in old format to the assessees, requiring them to furnish information mentioned in notice at the date and time fixed in the office of Assessing Officer, an SMS/Email is being sent to all such assessees intimating them to furnish the said information electronically through their account in e-filing website.
Dont miss the deadline! File income tax return by 31st March, 2018. Learn about the requirements and avoid penalties.
Lawyers of foreign countries or their law firms cannot practice profession of law in India, Bar Council of India or Union of India are at liberty to make appropriate rules in this regard.
Environment created after change in policy of appointment of branch statutory auditors (giving autonomy to bank management) has not yielded desired results for the banking industry. Our regulatory body, the Institute of Chartered Accountants of India (ICAO has been opposing this change from the very beginning.
The Government is aware of instances where taxes are collected by many service providers, hoteliers, traders etc. from the customers but are not deposited in the Government’s account. Based on specific intelligence collected, detailed investigations are carried out and the due tax amount is either recovered or quasi-judicial proceedings are initiated. The details of such losses are as below:
Ecosystem for Fin Tech Companies The Reserve Bank of India (RBI) had set up an inter-regulatory Working Group (WG) to look into and report on the granular aspects of Fin Tech and its implications so as to review and reorient appropriately the regulatory framework and respond to the dynamics of the rapidly evolving Fin Tech […]
