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Amendment in import policy of gold and silver under Chapter 71 of the ITC(HS) 2017, Schedule -I (Import Policy)

August 25, 2017 1494 Views 0 comment Print

Policy Condition No. 4 restricting imports of gold and silver under Exim Codes 7113, 7114, 7115 and 7118 from South Korea is inserted in Chapter 71 of ITC(HS) 2017 .

Amendment in Foreign Trade Policy Related to importations or exportations of gold or silver

August 25, 2017 735 Views 0 comment Print

Principle of Restriction Relating to the importations or exportations of gold or silver is added at (i) under para 2.07 of Foreign Trade policy (2015-20).

Introduction of Appendix- 2X in Appendices and Aayat Niryat Forms (2015-20)

August 25, 2017 1566 Views 0 comment Print

Appendix 2X- Country Specific Restrictions/ Prohibitions on Import/ Export of Items of in Appendices and Aayat Niryat Forms (2015-20) is notified.

BCAS Representation on Intimation U/s. 143 (1) without Detailed Analysis

August 25, 2017 36096 Views 35 comments Print

1) Intimation issued under section 143(1) of the Income-tax Act, 1961 (`the Act’) displays mismatch of income without detailed analysis or reconciliation, of income tax returns filed by assesses. 2) Challenges and potential consequences in relation to returns processed by CPC

CGST (Extension to Jammu and Kashmir) Act, 2017.

August 24, 2017 2589 Views 0 comment Print

(1) This Act may be called the Central Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017. (2) It shall be deemed to have come into force on the 8th day of July, 2017.

IGST (Extension to Jammu and Kashmir) Act, 2017

August 24, 2017 1275 Views 0 comment Print

The Integrated Goods and Services Tax Act, 2017 and all rules, notifications, schemes and orders made thereunder by the Central Government are hereby extended to, and shall be in force in, the State of Jammu and Kashmir.

Notification No. 82/2017-Customs (N.T.) Dated: 24th August, 2017

August 24, 2017 21390 Views 0 comment Print

Appointment of Commissioners, Additional or Joint Commissioners and Deputy or Assistant Commissioners of Customs GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 82/2017-Customs (N.T.) New Delhi, the 24th August, 2017 G.S.R. 1064 (E).- In exercise of the powers conferred by sub-section (1) of section 4 of […]

Consideration of applications for grant of authorization for import of gold-dore – reg.

August 24, 2017 702 Views 0 comment Print

Applicant refineries seeking authorization for the first time, may submit valid document of their accreditation with NABL to DGFT for consideration of grant of authorization for importing gold-dore. Such applicants may obtain BIS license within a period of one year, from the date of authorization granted by DGFT.

National Company Law Appellate Tribunal (Amendment) Rules, 2017

August 23, 2017 1623 Views 0 comment Print

“63. Appearance of authorised representative.- (1) Subject to provisions of section 432 of the Act, a party to any proceedings or appeal before the Appellate Tribunal may either appear in person or authorise one or more chartered accountants or company secretaries or cost accountants or legal practitioners or any other person to present his case before the Appellate Tribunal.

Cabinet gives in-principle approval for Public Sector Banks to amalgamate through an Alternative Mechanism (AM)

August 23, 2017 912 Views 0 comment Print

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given in-principle approval for Public Sector Banks to amalgamate through an Alternative Mechanism (AM). The decision would facilitate consolidation among the Nationalised Banks to create strong and competitive banks.

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