Based on the feedback from the field formations with regard to the user experience for the CBEC-GST application, intense efforts are underway to bring about the required changes to improve the following areas, urgently:
The Reserve Bank of India, today, released the Annual Report of the Banking Ombudsman Scheme for the year 2016-2017.
Functionality to file quarterly GSTR 1 returns has been provide on the GST Portal, for those taxpayer whose value of clearances is less than Rs. 1.5 Cr in current or previous financial year.
G.S.R. 1522(E) seeking imposition of Safeguard Duty on imports of Solar Cells whether or not assembled in modules or panels into India to protect the domestic producers of like and directly competitive articles (to the PUC) from serious injury / threat of serious injury caused by such increased imports.
Since Countervailing Duties are not taken into consideration while fixing All Industry Rates of Duty Drawback, the Drawback of such Countervailing Duties can be claimed under an application for Brand Rate under Rule 6 or Rule 7 of the Customs, Central Excise Duties and Service Tax Drawback Rules, 1995 and/or the Customs and Central Excise Duties Drawback Rules, 2017, as the case may be.
Short levy of GST on tyres and tubes meant for Three Wheeled Electric Motor Vehicle (E-Rickshaw in common parlance} under HSN code 4011 and 4013
Every registered person who causes movement of taxable goods, as mentioned in Annexure appended to this notification, from a place outside the State to a place within the State or from a place within the State to a place outside the State, where consignment value exceeds fifty thousand rupees,-
Once you have chosen the option Quarterly, you cannot change this option in the remaining part of the financial year 2017-18. Thus, you will be required to file Quarterly returns and you cannot opt for Monthly filing of returns.
The procedure for forwarding the samples to the laboratories shall be as follows: a. JNCH follows the respective standard sampling technique as prescribed by the concerned laboratory for the items under question. For any new items / goods, officers have been directed to ascertain sampling requirement with the laboratory concerned before drawing samples from the consignment. The sampling requirements has been specified in column no 5 of enclosed Annexure.
Intimation issued under section 143(1) cannot be treated as order of assessment and on the basis of such order the assessee denied his statutory rights to file a revised return within the period of limitation.
