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Requirement of documents for online IEC application-modification Reg.

April 15, 2019 1395 Views 0 comment Print

In case the RA observes that there is any variance in the records vis-a-vis the details in IEC, RA should ask the applicant / send an email to the applicant entity at the registered email ID and ask them to rectify the deficiencies / variance noticed in the application / records. Sufficient time of 15 days from the date of communication may be provided to the applicant to rectify such deficiencies; failing which the RA may suspend the IEC.

Tariff Notification No. 31/2019-Customs (N.T.) dated 15th April, 2019

April 15, 2019 948 Views 0 comment Print

Tariff Notification No. 31/2019-Customs (N.T.) dated 15th April, 2019 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver – Reg. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 31/2019-CUSTOMS (N.T.) New Delhi, 15th April, 2019 […]

146 Transfer & Posting in the grade of ACIT (Probationers)

April 13, 2019 7197 Views 0 comment Print

Office Order No. 88 of 2019 – Transfer & Posting in the grade of Assistant Commissioners of Income Tax (Probationers) – reg. No.A-22013/4/2019-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 13.04.2019 Office Order No. 88 of 2019 On completion of training […]

Amendment in proforme of End Use Certificates -Reg.

April 12, 2019 3078 Views 0 comment Print

The amendment in proforme of End Use Certificate will capture technical details of product, specific end use and complete contact details of the end user, thereby facilitating expeditious end use / end user verification by the Government agencies and grant of export authorisation for SCOMET items.

CBDT notifies detailed format of Salary Certificate | Form No. 16 | Form No. 24Q

April 12, 2019 98847 Views 6 comments Print

CBDT notifies detailed format of Salary Certificate | Form No. 16 | Form No. 24Q vide [Notification No. 36/2019/ G.S.R. 304(E) dated 12/04/2019. (A) in Form No. 16,–(i) the Notes occurring after Part A shall be omitted;(ii) for Part B (Annexure), the following shall be substituted, namely:–

AAAR / AAR have No jurisdiction to consider admissibility of service tax /VAT credit

April 11, 2019 1131 Views 0 comment Print

In re Kolte Patil Developers Ltd. (GST AAAR Maharashtra) The Appellate Authority for Advance Ruling upheld the ruling given by the Advance Ruling Authority by observing  that  since the Appellant has raised questions on the admissibility of the credit of the service tax and VAT paid under the pre-GST regime, it is held that neither […]

System Audit framework for Mutual Funds / AMCs

April 11, 2019 3069 Views 0 comment Print

Considering the importance of systems audit in technology driven asset management activity and to enhance and standardize the systems audit, revised guidelines in this regard are placed at Annexure 1. These guidelines are indicative and not exhaustive in nature. On the date of issuance of this circular, SEBI Circular SEBI/IMD/CIR No.9/176988/2009 dated September 16, 2009 shall stand rescinded.

Legitimate action against corruption is not vendetta: Arun Jaitley

April 10, 2019 489 Views 0 comment Print

It has become a routine practice to call any action against corruption as political vendetta. Claim of vendetta has never been a legitimate defence in corruption. Those who commit such large acts of corruption have to be judged on the merits of the action itself.

GST Registration compulsory for those liable to pay GST under RCM

April 10, 2019 26553 Views 0 comment Print

In re Jalaram Feeds (GST AAR Maharashtra) Applicant has stated that they require services of Goods Transport Agency like any other business. Applicant being a recipient of supply is liable to pay tax under reverse charge basis and as per Section 9(4) of the Act, all the provisions of this act shall apply to such […]

MVAT: Jurisdiction of JC (Appeal) I, Mumbai extended to Whole of Maharashtra

April 9, 2019 2499 Views 0 comment Print

Commissioner of Sales Tax, Maharashtra State, Mumbai, hereby amends the Notification No. PWR-2012/2/ADM-8, dated the 22nd June 2012, as follows, namely :––

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