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GST for MSME Sector

November 2, 2018 23604 Views 0 comment Print

Introduction: What is MSME? In accordance with the provision of Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two classes

GST collections for October 2018 crosses Rupees One Lac Crore

November 1, 2018 669 Views 0 comment Print

The total gross GST revenue collected in the month of October, 2018 is Rs. 100,710crore of which CGST is Rs. 16,464crore, SGST is Rs. 22,826crore, IGST is Rs. 53,419crore (including Rs. 26,908crore collected on imports) and Cess is Rs. 8,000 crore(including Rs. 955crore collected on imports).

GST Helpdesks set-up by CBIC for MSMEs

November 1, 2018 1356 Views 0 comment Print

It has been now decided that all grievances raised by MSMEs have to be recorded and processed. In order to achieve the same, a Feedback and Action Room (FAR) is required to be set-up. It has also been decided that DGGST would be the nodal agency to run the said FAR.

PMLA, 2002 Adjudicating Authority to discharge Benami Property law cases also

November 1, 2018 1161 Views 0 comment Print

S.O. 5608(E).—In exercise of powers conferred by section 71 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988) (hereafter referred to as the said Act) and in suppression of notification number S.O. 3288(E) dated the 25th October, 2016, except as respects things done or omitted to be done before such suppression, the Central Government hereby notifies that

Customs Rate of Exchange of Foreign Currency Conversion wef 02.11.2018

November 1, 2018 1017 Views 0 comment Print

Customs Rate of Exchange of Foreign Currency Conversion wef 02.11.2018 notified vide Notification No. 90/2018 – Customs (N.T.) dated 1st November, 2018.

CBDT notifies Charutar Arogya Mandal, Gujarat U/s. 35(1)(ii)

October 31, 2018 549 Views 0 comment Print

CBDT notifies M/s Charutar Arogya Mandal, Gujarat has been approved by Central Government under section 35(1)(ii) of the Income-tax Act, 1961 from Assessment year 2019-2020 onwards in the category of ‘University, College or other Institution’, engaged in research activities vide Notification No. 75/2018 Dated 31st October, 2018.

PML (Maintenance of Records) Second Amendment Rules, 2018.

October 31, 2018 4077 Views 0 comment Print

Ministry of finance notified Prevention of Money-laundering  (Maintenance of Records) Second Amendment Rules, 2018 with effect from 31st October, 2018. In the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, in rule 9, in sub-rule (1A), for the words “three days”, the words “ten days”, shall be substituted. Under the revised rule  every reporting entity […]

Empanelment for Concurrent Audit of National Insurance Company Ltd.

October 31, 2018 3636 Views 0 comment Print

Tender Document For Selection Of CA Firm For Concurrent Audit Of Investment Operations Of Empanelment for Concurrent Audit of National Insurance Company Ltd.

Rules, Pattern and Syllabus for GST Practitioners (GSTP) Examination

October 30, 2018 58263 Views 4 comments Print

Examination of Goods and Services Tax Practitioners.- (1) Every person referred to in clause (b) of sub-rule (1) of rule 83 and who is enrolled as a goods and services tax practitioner under sub-rule (2) of the said rule, shall pass an examination as per sub-rule (3) of the said rule.

Rules 2C, 2CA & 11AA and Form Nos 10G, 56 & 56G -draft notification

October 29, 2018 5679 Views 0 comment Print

Amendment of Rules 2C, 2CA and 11AA and Form Nos 10G, 56 and 56G of the Income-tax Rules, 1962-draft notification for inputs from the stakeholders and the general public

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