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Deposit of specified bank notes with Reserve Bank

June 21, 2017 2271 Views 0 comment Print

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 20th June, 2017 G.S.R. 611(E).-In exercise of the powers conferred by sub-section (1) of Section 11 of the Specified Bank Notes (Cessation of Liabilities) Act, 2017 ( 2 of 2017), the Central Government hereby makes the following rules, namely:- 1. Short title and commencement.- […]

Ministry of P&NG and DIPP establishes GST Facilitation Cell

June 21, 2017 1632 Views 0 comment Print

With a view to facilitate the implementation of GST for the stakeholders concerned with Ministry of Petroleum and Natural Gas and its organizations, a GST Facilitation Cell has been established.

No Human Right Violation in Sukma Attack: CRPF in RTI Reply

June 21, 2017 708 Views 0 comment Print

In the instant matter, there appears to be no violations of Human Rights as well as facts of the case do not attract the allegations of Moreover, your application does not make any reference to such allegations. Hence this department is not liable to provide any information in this regard to you under RTI Act-2005.

Certain Section of UTGST Act, 2017 applicable from 22.06.2017

June 21, 2017 1881 Views 0 comment Print

Central Government appoints the 22nd day of June, 2017, as the date on which provisions of sections 1, 2, 3, 4, 5, 17, 21 and section 22 of Union Territory Goods and Services Tax Act, 2017 shall come into force.

Odisha Goods and Services Tax Act, 2017

June 21, 2017 9954 Views 0 comment Print

The Odisha Goods And Services Tax Act, 2017- An Act To Make A Provision For Levy And Collection Of Tax On Intra-State Supply Of Goods Or Services Or Both By The State Of Odisha And The Matters Connected Therewith Or Incidental Thereto

Cabinet Secretary reviews preparedness for smooth roll-out of GST

June 20, 2017 693 Views 0 comment Print

Cabinet Secretary reviews preparedness for smooth roll-out of GST with effect from 1st July, 2017; Asks Secretaries of different Departments and CMDs of CPSUs to take full responsibility of their respective stake-holders and ensure the successful implementation of the GST.

Celebrate your life without any fear with Bajaj Allianz Life Insurance

June 20, 2017 1236 Views 0 comment Print

Insurance touches the lives of everyone, it is vital that as a customer you not only enhance your wealth but also stay committed to your long-term goals. You might have plans for yourself or your dear ones. Hence, it makes absolute sense in preparing well in advance with saving plan blended with the benefits of life insurance cover.

Jharkhand Goods and Services Tax Rules, 2017

June 20, 2017 3465 Views 0 comment Print

In exercise of powers conferred by section 164 of Jharkhand Goods and Services Tax Act, 2017 (Act No. 11 of 2017), State Government hereby makes Jharkhand Goods and Services Tax Rules, 2017

GST implications for sale of repossessed assets

June 20, 2017 29949 Views 2 comments Print

Lending is always to good borrowers but often the good borrowers become bad borrowers. Thus, the business of lending brings with it the trouble of enforcement of security interests as well. The repossession of the collateral asset and eventual sale for recovery of the losses due to default are a common phenomenon in lending business. This article deals with the GST implications for sale of repossessed assets.

Assessments under GST

June 20, 2017 9429 Views 1 comment Print

Chapter XII of the CGST ACT covers all the provisions related to assessment In term of Section 2 (11) of the CGST “Assessment” means determining the tax liability under GST Act. Assessment simply means calculation of the tax liability. It is integrating part of the GST as without assessment it is very much difficult to determine tax liability of a taxable person.

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