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DGFT amends Export Policy of Animal By-Products

January 13, 2017 3373 Views 0 comment Print

Central Government hereby makes the following amendment, with immediate effect, in Schedule 2 of ITC (HS) Classification of Export & Import Items relating to export of Animal By-Products.

Law Commission denies hiring of Law Firms

January 13, 2017 1642 Views 0 comment Print

The Law Commission of India has noted that certain newspapers and e-magazines are carrying news items which suggest the commission is hiring law firms to pursue the work assigned to it.

GST Migration under Central Excise & Service Tax Provisions & Process

January 13, 2017 23596 Views 4 comments Print

Every person registered under any of the earlier laws and having a valid PAN shall be issued a certificate of registration on a provisional basis in such form and manner as may be prescribed.

Demonetization reduces Terror Funding, Hawala Trade, Human Trafficking

January 13, 2017 1930 Views 0 comment Print

Demonetization had resulted in sharp decline in terror funding, hawala trade, supari killings and human trafficking, particularly of young girls as sex slaves, mainly from Nepal and North East.

100 days, 8 subjects – Yes it possible to crack your CA papers

January 12, 2017 19852 Views 3 comments Print

In a span of 100 days, one might take a world tour, the demonetization drive could take place twice in our country and a whole lot of things which can be done in that time frame, but when it comes to preparing for the CA exams, the time just feels too less.

Present Rates of Contribution under EPF, EPS and EDLI

January 12, 2017 176779 Views 13 comments Print

Article cover Rate of Contribution under Employee Pension Scheme (EPS), Employees’ Provident Fund (EPF) and Employee Deposit Linked Insurance (EDLI) Scheme

CBEC rationalizes abatement for tour operator services

January 12, 2017 13396 Views 3 comments Print

Seeks to amend notification No. 26/2012-ST dated 20.06.2012 so as to rationalize the Service Tax abatement on Services for tour operator services.

Person liable to pay service tax on transportation of goods by a vessel

January 12, 2017 7651 Views 0 comment Print

CBEC notifies person liable for paying service tax in case of services provided or agreed to be provided by a person located in non-taxable territory to a person located in non-taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India.

Amendment in definition of aggregator & Peron liable to tax on goods transport by a Vesssel

January 12, 2017 3886 Views 0 comment Print

CBEC excludes such persons from the definition of aggregator who enable a potential customer to connect with persons providing services by way of renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes subject to fulfillment of certain conditions;

Reg. ST exemption on transportation of goods by a vessel & business facilitator service to bank

January 12, 2017 6400 Views 0 comment Print

CBEC withdraw exemption from service tax for services provided or agreed to be provided by a person located in non-taxable territory to a person located in non-taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India; (ii) exempt services provided by a business facilitator or a business correspondent to a banking company with respect to accounts in its rural area branch.

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