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5% GST Payable on EOT Grab Cranes : AAR

July 30, 2018 3441 Views 0 comment Print

EOT Grab Cranes are integral part of the Waste to Energy Plants project for manufacturing and generation of end product of electricity and therefore the EOT Grab Cranes being used in waste to energy plant as per details given in present case clearly fall under serial no. 234 of schedule of notification 1/2017 – Integrated Tax (Rate) and liable to IGST @5%.

Notification No. 12/2018-Customs (N.T./CAA/DRI), Dated: 30.07.2018

July 30, 2018 720 Views 0 comment Print

Notification No. 12/2018-Customs (N.T./CAA/DRI) appointment of adjudication Authority- with details of Name of Noticee (s) and Address, Show Cause Notice Number and Date, Name of Adjudicating Authorities and Common Adjudicating Authority appointed.

Notification No. 11/2018-Customs (N.T./CAA/DRI), Dated: 30.07.2018

July 30, 2018 894 Views 0 comment Print

Notification No. 11/2018-Customs (N.T./CAA/DRI) appointment of adjudication Authority- with details of Name of Noticee (s) and Address, Show Cause Notice Number and Date, Name of Adjudicating Authorities and Common Adjudicating Authority appointed.

SEBI (Stock Brokers and Sub-Brokers) (Second Amendment) Regulations, 2018

July 30, 2018 1674 Views 0 comment Print

SEBI notifies Securities and Exchange Board of India (Stock Brokers and Sub-Brokers) (Second Amendment) Regulations, 2018 vide notification no. SEBI/LAD-NRO/GN/2018/27 dated: 30th of July, 2018.

Companies (Incorporation) Third Amendment Rules, 2018

July 27, 2018 16011 Views 0 comment Print

MCA has notified vide notification dated 27th July, 2018 Companies (Incorporation) Third Amendment Rules, 2018 to amend the Companies (Incorporation) Rules, 2014. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi 27 July, 2018 G.S.R. 708(E)._ In exercise of the powers conferred by section 3, sub-section (1) of section 7 and sub-sections (1) and […]

HFCs to seek approval from NHB for the 10-26 criteria

July 27, 2018 1722 Views 1 comment Print

National Housing Bank (NHB) came out with a notification on 19th July, 2018, amending the Housing Finance Companies (National Housing Bank) Directions, 2010 with respect to change in control of housing finance companies.

Indian Securitisation market opens big in FY 2019

July 27, 2018 2325 Views 0 comment Print

The financial year 2017-18 witnessed one of the major reforms in the country, that is, the exordium of Goods and Services Tax (GST). GST replaced the erstwhile central excise duty, sales tax and service tax laws, thereby changing the indirect tax regime entirely.

GST on deposit of diamond with safe vaults, Conversion in e-Units and vica versa

July 27, 2018 1431 Views 0 comment Print

In re Rajarathnam’s Jewels (GST AAR Karnataka) a) Whether mere deposit of diamond with safe vaults acknowledged by Electronic Vault Receipts (EVR) would be treated as supply for the purpose of levy of GST? The mere deposit of diamond with safe vaults acknowledged by Electronic Vault Receipts (EVR) does not constitute of supply of diamonds […]

GST on Services by corporate office to unit in other states as well i.e. distinct persons

July 27, 2018 9384 Views 0 comment Print

In Re M/S Columbia Asia Hospitals Private Limited (GST AAR Karnataka) Whether the activities performed by the employees at the corporate office in the course of or in relation to employment such as accounting, other administrative and IT system maintenance for the units located in the other states as well i.e. distinct persons as per […]

GST payable on amount billed by Taxi Aggregator on behalf of taxi operators

July 27, 2018 3297 Views 0 comment Print

In re Opta Cabs Private Limited (GST AAR Karnataka) Whether the money paid by the customer to the driver of the cab for the services of the trip is liable to GST and whether the applicant company is liable to pay GST on this amount? The applicant is liable to tax on the amounts billed […]

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