A facility for digital payment for miscellaneous applications (e-MPS) was launched vide trade notice No. 25/2018 dated 14.03.2018. While DGFT RAs can access e-MPS through login id/ password, exporters are required to have a DSC (IEC embedded) to make payment. The digital payment was made mandatory after one month from the date of issuance of the trade notice No. 25/2018.
Planning the Internal Audit Assignment involves the following key elements:(a) It is a sub-set of the Overall Internal Audit Plan;(b) It is undertaken prior to the beginning of a particular assignment during the course of the plan period;
The objectives of an Overall Internal Audit (Engagement) Plan are to:(a) ensure that the planned internal audits are in line with the objectives of the internal audit function (and terms of engagement, where it is an outsourced engagement), as per the internal audit charter of the entity and also in line with the overall objectives of the organisation;
IASB of ICAI invites comments on a revised Standard on Internal Audit (SIA) 000 – Internal Audit Evidence. Comments are most helpful if they indicate a clear rationale and, where applicable, provide a suggestion for alternative wording.
IASB of ICAI invites comments on a revised Standard on Internal Audit (SIA) 000 – Internal Audit Documentation. Comments are most helpful if they indicate a clear rationale and, where applicable, provide a suggestion for alternative wording.
IASB of ICAI invites comments on a new Standard on Internal Audit (SIA) 000 – Managing the Internal Audit Function. Comments are most helpful if they indicate a clear rationale and, where applicable, provide a suggestion for alternative wording.
Consultation paper on draft framework for participation of foreign entities, having actual exposure to Indian commodity markets, in the commodity derivatives market
Reference is invited to Notification No. 4 dated 25.4.2018 amending the import policy of Peas under Exim Code 07131000, Chapter 7 of the ITC (HS) 2017 from ‘Free’ to ‘Restricted’.
Assam joined the list of States that have rolled out the e-way bill system for intra-State movement of goods on 16th May, 2018. Rajasthan would be doing the same on 20th May, 2018 thereby taking the number of States / Union Territories that would have rolled out the e-way bill for intra-State movement of goods to twenty. Further, as you all know intra-State movement of goods would be implemented throughout the country by 3rd June, 2018.
Council has decided to enforce e-way bill for intra-State movement of goods from 1st June, 2018 in Goa. No E-Way Bill is required to be generated for intra-State movement of all goods within Goa, except for intra-State movement of following 22 goods of consignment value exceeding fifty thousand rupees.
