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Refund of IGST on Export: Extension of date in SB005 alternate mechanism

March 23, 2018 5352 Views 0 comment Print

CBEC has issued Circular No 5/2018-Customs dated 23-02-2018 which provided for an alternative mechanism with officer interface to resolve invoice mismatch cases. In the said circular, it was provided that the mechanism would be available for the shipping bills filed till 31.12.2017.

EPFO Instructions for payment of erroneous contributions deposited for certain periods

March 23, 2018 5253 Views 0 comment Print

References have been received in Head Office for furnishing guidelines on belated refund of contributions received by EPFO owing to wrong coverage, voluntary or erroneous deposits etc.

Notification No. 15/2018-Customs (ADD) Dated 22nd March, 2018

March 22, 2018 354 Views 0 comment Print

Seeks to rescind notification No. 6/2015-Customs dated 01.03.2015 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 15/2018-Customs (ADD) New Delhi, the 22nd March, 2018 G.S.R. (E). -Whereas, the designated authority vide initiation notification No. 7/1/2018-DGAD, dated the 8th February, 2018, published in the Gazette of India, Extraordinary, Part I, Section 1, dated […]

GST vis-à-vis Cooperative Federalism by Mansi Khurana

March 22, 2018 615 Views 0 comment Print

Unity in Diversity, the phrase signifies that despite all diversities like in terms of colour, customs, clothing, caste, creed and culture the India is united in one thread of unity. Article 1 of our constitution provides that India is Union of States.

Task Force for drafting a New Direct Tax Legislation

March 22, 2018 1473 Views 1 comment Print

Task Force for drafting a New Direct Tax Legislation – Questionnaire for inviting suggestions and feedback on the Income-tax Act, 1961 from the stakeholders and general public

GST Council and State Autonomy by Zeeshan Ahmed

March 22, 2018 1677 Views 0 comment Print

When it comes to development, undoubtedly it can be proclaimed that the change is the only constant[1], which means that the change is inevitable and with the changing circumstances the requirement is to adapt and adopt such policies which favour the ongoing scenario.

DGFT simplifies Processing of MEIS applications for SEZs Exports

March 22, 2018 1074 Views 0 comment Print

DGFT simplifies Processing of MEIS applications for SEZs Exports

Extension of IGST and Compensation Cess exemption under Advance Authorisation and EPCG scheme

March 22, 2018 2850 Views 0 comment Print

Amendments to Foreign Trade Policy 2015-2020 – Extension of Integrated and Goods and Service Tax (IGST) and Compensation Cess exemption under Advance Authorisation and EPCG scheme till 01.10.2018.

IBBI invites comments on draft syllabus of Limited Insolvency Examination

March 22, 2018 747 Views 0 comment Print

Insolvency and Bankruptcy Board of India invites comments on the draft syllabus of Limited Insolvency Examination. The comments and feedback may please be mailed at [email protected] latest by 15th April, 2018.

Due diligence and reporting requirements under FATCA and CRS

March 21, 2018 1992 Views 0 comment Print

SEBI has informed all intermediaries regarding due diligence and reporting requirements under Rules 114F to 114H of the Income- tax Rules (hereinafter referred as Rule) and Guidance Note on FATCA and CRS issued by the CBDT, New Delhi, vide F.No.500/137/2011-FTTR-III dated August 31, 2015

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