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On GST rate for specified items for Physically Challenged Persons

July 4, 2017 1659 Views 0 comment Print

Some questions are raised about GST rates fixed for specific devices for physically challenged persons. This matter is explained here in below. Assistive devices and rehabilitation aids for physically challenged persons, listed below, have been kept at the concessional 5% GST rate: 1) Braille writers and braille writing instruments; 2) Handwriting equipment like Braille Frames, […]

Handholding of taxpayers in GST Sewa Kendras post roll out of GST – Regarding

July 4, 2017 2223 Views 0 comment Print

With the roll out of GST from 1st July, 2017, a new era in Indirect Tax Administration has been ushered in. The next important step is to handhold the taxpayers and other stakeholders into this new regime. In this regard, the role of the field formations of CBEC is crucial in facilitating taxpayers.

CBEC to Implement Bio-Metric Attendance of Employees from 15th July

July 4, 2017 1806 Views 0 comment Print

I am directed to refer to your letter No. 503/14/2017-/870 dated 20.06. on the subject mentioned above and to request you to take up the matter with the defaulting Commissionerates/Directorates for implementing 100% Bio-metric Attendance System by 15th July, 2017. Report to this effect may be sent to the Board by 20th July, 2017 so that the status can be brought to the notice of Chairperson, CBEC.

GST: Reg. Furnishing of Bond/ Letter of Undertaking for Exports

July 4, 2017 41556 Views 7 comments Print

On the issue of difficulties being faced while supplying the goods or services for export without payment of integrated tax and filing the FORM GST RFD -11 on the common portal (www.gst.gov.in), because of which exports are being held up.

Cabinet Secretary reviews post GST situation

July 4, 2017 798 Views 0 comment Print

Cabinet Secretary reviews post GST situation with Secretaries and Senior Officers of different Departments; Ask them among others to ensure that there is adequate supply of commodities especially essential and consumer items to keep their prices under check. The Cabinet Secretary, Shri P.K. Sinha reviewed the post GST implementation situation here today with the Secretaries […]

Post GST 22 States in India abolishes their check posts

July 4, 2017 1725 Views 0 comment Print

The Goods and Services Tax (GST) was rolled out on 1st of July 2017. With the roll-out of the GST, 22 States in India have abolished their check posts. The details are as under –

Request to not to circulate wrong GST related messages on social Media

July 4, 2017 1728 Views 0 comment Print

Appeal to people not to start circulating wrong messages on social media as no distinction is made in the GST Law on any provision based on religion. There are some messages going around in the social media stating that the temple trusts have to pay the GST while the churches and mosques are exempt. This […]

Vacancy for CA for the profile of Brand Financial Analyst

July 3, 2017 1533 Views 0 comment Print

Vacancy for CA for the profile of Brand Financial Analyst at Bangalore for those who  are having experience in the relevant field of  2 to 3 Years in FMCG Industry at Managerial Level. Job Description: The job purpose of Brand Financial Analyst involves monitoring & reporting business parameter, high light periodically risks/opportunities in the business […]

Investment by FPI in Govt Securities Medium Term Framework Review

July 3, 2017 756 Views 0 comment Print

Currently ‘long term’ category of FPI investors accounts for about 20% of the total investment by FPIs in Central Government securities. In order to recalibrate the Framework to meet the objective of a preference for long-term investors and also with a view to manage the macro-prudential implications of evolving capital flows, the MTF has been reviewed. Based on the review, the following modifications are made to the Framework.

CBEC amends notification no. 28/2002-central excise dated 13.05.2002

July 3, 2017 1620 Views 0 comment Print

Central Government hereby makes the following further amendment in the notification No. 28/2002-Central Excise, dated the 13th May, 2002

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