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Policy for Export of Red Sanders wood by Karnataka Govt by 30.04.2019

January 3, 2019 555 Views 0 comment Print

Time upto 30.04.2019 has been allowed to State Government of Karnataka, to finalize the modalities and complete the process of export of balance quantity of Red Sanders wood.

GST on services provided from hotel located in non-processing zone of SEZ to clients located in SEZ

January 2, 2019 2658 Views 0 comment Print

In re M/s. Sapthagiri Hospitality Private Limited (GST AAAR Gujarat) Gujarat Appellate Authority confirms the Advance Ruling given by Gujarat advance ruling authority and rejects the appeal filed by the appellant. The supplies made by applicant, a SEZ co-developer from non-processing zone of SEZ to client located in SEZ for authorized operation will be treated […]

CGST (Amendment) Act, 2018- Clarification on Transitional Credit

January 2, 2019 8913 Views 0 comment Print

The CENVAT credit of service tax paid under section 66B of the Finance Act, 1994 was available as transitional credit under section 140(1) of the CGST Act and that legal position has not changed due to amendment of section 140(1) on account of following reasons:

Company Eligible for deduction of expense on Vehicle Registered in the name of Director

January 1, 2019 14130 Views 0 comment Print

DCIT Vs M/s. Deversons Industries Pvt.Ltd. (ITAT Ahmedabad) The Assessing Officer during the assessment proceedings found that the vehicles were registered in the individual name of the Directors. But the assessee claimed the depreciation and the vehicle expenses in its income-tax return. However, the Assessing Officer was of the view that the assessee cannot claim […]

SEBI (Custodian of Securities) (Amendment) Regulations, 2018

January 1, 2019 1521 Views 0 comment Print

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 1st January, 2019 SECURITIES AND EXCHANGE BOARD OF INDIA (CUSTODIAN OF SECURITIES) (AMENDMENT) REGULATIONS, 2018 No. SEBI/LAD-NRO/GN/2019/01. – In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following […]

18% GST payable on Industrial Grade Quick and Slacked Lime

December 31, 2018 8259 Views 0 comment Print

In re Palaniappan Chinnadurai (GST AAR Tamilnadu) What is the applicable chapter and GST rate for Industrial Grade Quick Lime having 86% of Calcium Oxide content and Industrial Grade Slacked Lime having 86% of Calcium Hydroxide content? Industrial Grade Quick Lime having 86% of Calcium Oxide content and Industrial Grade Slacked Lime having 86% of […]

SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018

December 31, 2018 12225 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2018. They shall come into force on April 01, 2019.

SEBI (Foreign Portfolio Investors) (Third Amendment) Regulations, 2018

December 31, 2018 552 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Foreign Portfolio Investors) (Third Amendment) Regulations, 2018. 2. They shall come into force on the date of their publication in the Official Gazette.

SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2018

December 31, 2018 1110 Views 0 comment Print

These Regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2018.

SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2018

December 31, 2018 3087 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2018.

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