Applicant shall have option to choose Jurisdictional RA on the basis of Corporate Office/ Registered Officeiliead Office Branch Office address endorsed on IEC for submitting application’s under MEIS and SETS. This option need to be exercised at the beginning of financial year. Once an option is exercised, no change would be allowed for claims relating to that year. To illustrate, it. an exporter has chosen LA Chennai for claiming rewards for exports made in 2015.16,then all claims for exports made in 2015-16, irrespective of the date of application shall be made to RA Chennai only.
The National Institutes of Technology, Science Education and Research Act, 2007.— The amendment proposed to the Act seeks to rectify the mistake that had inadvertently crept in at the time of amending the said Act vide Act 9 of 2014.
Intermediate (IPC), November 2016 – Merit List – (10-02-2017) S.NO. ROLL NO. REG NO. NAME CITY TOTAL MARKS RANK 1 554071 WRO0570575 REKHA GHEVARRAM SUTHAR PUNE 559 1 2 511599 ERO0219359 AAYUSH AGARWAL KOLKATA 553 2 3 434704 SRO0543844 SHIVKRISH V CHENNAI 545 3 4 512008 ERO0213596 ANUJ PODDAR KOLKATA 543 4 5 412666 NRO0408807 […]
Prior to the amendment proposed by Finance Act 2017, the section provided for collection of tax at source at the rate of one per cent on sale in cash of bullion exceeding 2 1akh rupees and jewellery exceeding 5 lakh rupees.
The Tax Collection at Source (TCS – Section 56) clause under the GST draft model law, mandates e-commerce marketplaces, to deduct 2% of the transaction value and submit it to the government.
The provisions relating to filing of appeal to the appellate tribunal are discussed in this update. The appeal provisions prescribing time limit for filing appeal to Tribunal are similar to that for filing appeal to first appellate authority with the distinction that the first appellate authority can condone delay in filing appeal upto one month but Tribunal can condone delay in filing appeal for any duration.
The introduction of GST regime is round the corner. It has become imperative to understand this new law to serve the businesses. Continuing with its efforts to update the members, the Indirect Taxes Committee of ICAI has launched a Standardized PPT on Goods & Services Tax (GST) to provide a single handed knowledge on upcoming […]
Under section 188 of the Code, the IBBI was established on 1st October, 2016. The Governing Board of the IBBI consists of the following members appointed by the Central Government, namely: a. a Chairperson; b. three members from amongst the officers of the Central Government not below the rank of Joint Secretary or equivalent, one […]
The Insolvency and Bankruptcy Board of India (IBBI) was established on 1st October, 2016. It is useful to chronicle the critical steps leading to establishment of the IBBI and the steps taken thereafter during the quarter September-December, 2016:
While pursuing the path of revenue mobilisation, which is an integral part of our core work, we must always keep in our view, the assurance given by Hon’ble Finance Minister that all honest, tax-compliant persons will be treated with dignity and courtesy.