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Chhattisgarh Rajya Anusuchit Janjati Ayog not conferred with adjudicatory function

November 7, 2016 2217 Views 0 comment Print

Disputing the legality, validity and correctness of the order dated 27.7.2012 (Annexure P/1) passed by the Chhsttisgarh Rajya Anushuchit Janjati Aayog (hereinafter called as “the Commission”), the petitioner has filed this writ petition under Article 226/227 of the Constitution of India.

TFA on Customs side is as important as GST in Indirect tax reform

October 30, 2016 3946 Views 1 comment Print

Pursuant to the establishment of the National Committee on Trade Facilitation vide order dated 11thAugust, 2016, its first meeting was held on 28thOctober, 2016 at the North Block, New Delhi. NCTF is a mandatory requirement under Article 23.2 of the WTO Agreement on Trade Facilitation. Its Secretariat is housed in CBEC.

Compliance Requirement for Import of Human Embryo

October 30, 2016 1756 Views 0 comment Print

The Human Embryos are normally imported by Surrogacy Clinics/ART Clinics/ IVF Clinics /any Centre/Genetic Counseling Centers/other clinical establishment offering surrogacy services/Assisted Reproduction Services.

Formats of Invoice to be used Under GST Regime

October 29, 2016 23821 Views 2 comments Print

Invoicing under the GST regime will be BEGNING OF PAPERLESS TRANSACTIONS ERA in this respect we should know the exact format of the invoice that will be put to use after April 2017. Government is striving hard to make it to the date. All what is left is the implementation of the GST.

Interest Rate Futures (Reserve Bank) (Amendment) Directions, 2016

October 28, 2016 1771 Views 0 comment Print

As announced in the first Bi-Monthly Monetary Policy Statement, 2016-17, it has been decided to introduce Interest Rate Futures based on any rupee denominated money market interest rate or money market instrument on SEBI authorised stock exchanges.

All about Universal Account Number (UAN)

October 28, 2016 8191 Views 1 comment Print

•• Employees’ Provident Fund – •• All employees with wages upto Rs 15,000 required to join the Fund. •• Accumulations payable on retirement, resignation, death. •• Partial withdrawals permitted for financing life insurance policies; Acquiring house or site; Marriage of self or dependents; Education of children; Treatment of illness etc.

MVAT: e-Returns for Dealers under Entry Tax

October 27, 2016 1333 Views 0 comment Print

e-Services offered by the Department have been welcomed by the dealers and their representatives. The Sales Tax Department has already made available facility to make payment through GRAS (Government Receipt Accounting System) for Entry Tax payers.

MVAT- First Phase Go Live of e-payment under SAP-TRM

October 27, 2016 6322 Views 0 comment Print

Total number of banks accepting e—payments under aforementioned acts is 25. Apart from this the e-payments under Profession Tax Act, Entry Tax Act, Luxury Tax Act and SCPT Act need to be made through web site of GRAS.

FAQs on Enrolment of Existing Taxpayer on GST System Portal

October 27, 2016 18133 Views 2 comments Print

Articles Answers FAQs on Enrolment of Existing Taxpayer currently registered under Central Excise, Service Tax, State Sales Tax / VAT, Entry Tax, Luxury Tax & Entertainment Tax on GST System Portal

ITBA -Admin Functions Module- Valuer Registration- Reg

October 27, 2016 3766 Views 0 comment Print

The application for the Valuer Approval will be initiated through control register. On successful initiation, Pendency will be created in the worklist of user initiating the workflow.

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