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Advisory on Refund of IGST paid on Exports of Goods with Payment of Tax

February 16, 2018 52395 Views 42 comments Print

This is with reference to the processing of invoices of GSTR 1 pertaining to the export of goods with payment of IGST by the GST System, and transmission of validated invoices to ICEGATE for refund of IGST paid on exports of goods.

S. 80D CBDT notifies Contributory Health Service Scheme of Department of Atomic Energy

February 16, 2018 1401 Views 0 comment Print

Central Government hereby notifies the Contributory Health Service Scheme of the Department of Atomic Energy for the purposes of section 80D(2)(a) for the assessment year 2018-2019 and subsequent years.

Documents required for registration of Society in Maharashtra

February 16, 2018 24489 Views 0 comment Print

Documents required for registration of the Society under provisions of the Societies Registration Act, 1860. Should be scanned separately (except Identity Cards) with 150 DPI and with Black and wight Background

Sec. 10(46) exemption: CBDT notifies ‘Maharashtra Electricity Regulatory Commission’

February 16, 2018 1188 Views 0 comment Print

‘Maharashtra Electricity Regulatory Commission’, a Commission constituted by the State Government of Maharashtra, in respect of the following specified income arising to that Commission, namely:-

Section 50C not applicable on Right to Purchase a Building

February 16, 2018 2520 Views 0 comment Print

Provisions of section 50C of the Act are not applicable in the case of the assessee as the capital asset involved here was not land or building but it is a right to purchase a building (shop).

21 FAQs on IGST refunds on goods exported out of India

February 15, 2018 26886 Views 4 comments Print

Board has been continuously receiving representations from exporters and trade association in relation to pending IGST refund . In order to bring clarity amongst the exporters/trade associations. it has been decided to release Frequently Asked Questions (FAQ) on IGST refund which may be Circulated to create awareness amongst the EXIM community,

Draft Companies (Beneficial Interest and Significant Beneficial Interest) Rules, 2018

February 15, 2018 4389 Views 1 comment Print

In exercise of the powers conferred by Section 89 and Section 90, read with sub-section (1) of section 469, of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules

Draft Companies (Prospectus and allotment of Securities) Amendment Rules, 2018

February 15, 2018 2355 Views 0 comment Print

Suggestions/ comments on the draft rules along with justifications in brief may be sent latest by 07.03.2018 through email at comments [email protected] It is requested that the name, contact number, email address and postal address of the sender be indicated clearly at the time of sending suggestions/comments in the following format

Snapshot on Insider Trading

February 15, 2018 3777 Views 0 comment Print

SEBI has been constantly focusing on developing and regulating the Indian capital market to boost the investor’s confidence. One of its steps was towards replacing the two decade old insider trading norms by notifying the SEBI (Prohibition of Insider Trading Regulations) 2015

Banks branches must accept coins tendered for exchange or for deposit in Accounts: RBI

February 15, 2018 1281 Views 0 comment Print

Reserve Bank continues to receive complaints about non-acceptance of coins by bank branches. Such denial of service has reportedly, in turn, led to refusal on the part of shopkeepers and small traders, etc., to accept coins as payment for goods sold and services rendered causing inconvenience to the public at large.

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