Stakeholder consultation/comments are invited on Draft Shipping Bill & Bill of Export regulations for Non-EDI locations or for Manual clearance and proposed Manual Shipping Bills Forms- SB I, SB II, SB III & SB IV.
Notifying the date by which the Notification No.13/2017 CE (NT) dated the 9th June 2017 related to Territorial Jurisdiction of Principal Chief Commissioners/Chief Commissioners, Principal Commissioners/Commissioners, Commissioner (Appeals), Commissioner (Audit) shall come into force.
Notifying the date by which the Notification No.12/2017 CE (NT) dated the 9th June 2017 related to Appointment of Central Excise officers and vesting them with powers under Central Excise Act 1944 and under Chapter V of Finance Act 1994 shall come into force
Thus, it appears that only on the basis of the valuation report received from the said officer – Assistant Valuation Officer, the assessing authority sought to reopen the proceeding under Section 147 of the Act, 1961 which is clearly not an information for reopening the assessment proceeding
This Ministry vide Circular no. 04/2017 dated 16.05.2017 has issued a clarification that applications rejected by the Regional Director under Section 22(1) (ii) (b) of Companies Act, 1956 on the ground of expiry of limitation period cannot be reconsidered on a fresh application made under Section 16(1)(a) of the Companies Act, 2013.
Maharashtra Sales Tax Department has started utility to upload documents along with online application for registration under various acts, from 07/05/2015.
S.O. 1927(E). In exercise of the powers conferred by section 295 read with sub-section (9) of section 92CC of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely
The President is pleased to extend the ad-hoc appointments of the following IRS officers to the grade of Joint Commissioner of Income Tax from 01.04.2017 to 31.03.2018
On the GST front, as on date, 27 States/UTs have passed the SGST laws. The remaining States which are yet to pass the legislation are Jammu & Kashmir, Punjab, Kerala and Tamil Nadu.
In a majority of supplies of goods, the tax incidence approved by the GST Council is much lower than the present combined indirect tax rates levied [on account of central excise duty rates / embedded central excise duty rates / service tax post-clearance embedding, VAT rates or weighted average VAT rates, cascading of VAT over excise duty and tax incidence on account of CST, Octroi, Entry Tax, etc.] by the Centre and States.
