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All you should know while filing GSTR – 3B Return

August 17, 2017 78108 Views 13 comments Print

Filing of GSTR-3B return is the first formal communication of business transactions with the government machinery in the GST era. It holds lot of importance especially in the current scenario where many businesses are still struggling with the basics of this new law i.e. obtaining provisional id’s, issues in logins, interpretation issues in law, dealing […]

An article on “Decoding PM’s Speech” by Union Home Minister Shri Rajnath Singh

August 17, 2017 954 Views 0 comment Print

We have completed 70 years since Independence and now we are in an era distinctively different on every aspect from innovation, motivation and the direction in which the country is marching ahead. The Prime Minister’s address from the Red Fort on that Historic occasion had to reflect the same spirit and it certainly did. How was it different from the usual Independence Day speeches?

Government fixes ceiling prices of Knee Implants (Upto 69% Price Reduction)

August 16, 2017 1128 Views 0 comment Print

Government fixes ceiling prices of Knee Implants; People of India to save Rs.1500 crore per annum It is a step to prevent Unethical Profiteering and ensure Affordable and Quality Healthcare for the Last Man: Shri Ananthkumar Overcharging of Knee Implants would be strictly monitored and penalized “Walking the talk of Prime Minister, Shri Narendra Modi’s […]

Clarification on submitting Bank certificate evidencing receipt of payment in freely convertible currency

August 16, 2017 1338 Views 0 comment Print

Clarification on requirement of submitting Bank certificate evidencing receipt of payment in freely convertible currency under Notification No. 45/2001-CE (NT) dated 26.06.2001 for export to Bhutan for specified Hydroelectric Projects- req.

Order No. 137/2017 Promotion & posting of officers to Principal CIT grade

August 16, 2017 2580 Views 0 comment Print

ORDER NO, 137 OF 2017 Consequent upon the approval of ACC the following officers are, hereby, promoted to the grade of Principal Commissioner Of Income Tax (level 15 in the pay matrix Rs 1 82,200 – 2,24,100) w e f the date of assumption of charge of the post or until further orders –

Guidelines for provisional release of seized imported goods pending adjudication U/s. 110A of Customs Act, 1962

August 16, 2017 40641 Views 1 comment Print

While provisional release of seized imported goods under Section 110A of the Customs Act, 1962 may normally be considered by the competent adjudicating authority upon a request made by the owner of the seized goods, provisional release shall not be allowed in the following cases —

CBEC amends Notification No. 45/2001-CE (NT) dated 26 June, 2001

August 16, 2017 2826 Views 0 comment Print

In paragraph 2 under heading, Procedure, against S.N. (3), in item (i) after the words, alongwith bank certificate evidencing receipt of payment in freely convertible currency, the words, in case of Bhutan, it is in Indian Rupees, shall be inserted.

GST: Unauthorised search and seizure by BIEO, HC grants interim relief

August 16, 2017 2673 Views 0 comment Print

M/s. Kumar Traders And Company & Anr. Vs. State Of Assam (Gauhati High Court) This case was adjourned on 9.8.2017, to enable the learned Govt. Advocate to receive instruction on the circumstances under, which the team from the Bureau of Investigation for Economic Offences (BIEO) had raided the Amingaon godown of the petitioners, where areca […]

Transitional credit of ITC Vis-à-vis GSTR-3B

August 16, 2017 47310 Views 12 comments Print

In this article I would like to highlight the plight of the taxpayers who have sufficient ITC credit in their account/eligible to avail the same as on 30.06.2017, but in a fix whether to utilize the same for payment of tax for the month of July 2017 or not due to non issuance of clarification from the department.

PM’s Independence Day Speech 2017- 64 Highlights

August 16, 2017 1914 Views 0 comment Print

PM’s Independence Day Speech 2017- Highlights in English The Prime Minster, Shri Narendra Modi today addressed the nation from the ramparts of the Red Fort on the 71th Independence Day. Following are the highlights from his speech: 1. Greetings to my fellow Indians on Independence Day. 2. For the freedom and glory of the country, […]

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