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Addition of provision related to Scheme for RoSCTL notified by Textile Ministry

March 29, 2019 1440 Views 0 comment Print

A new sub para has been inserted in the Foreign Trade Policy to give effect to the Ministry of Textiles Notification No. 14/26/2016-IT ( Vol II) dated 07.03.2019 regarding the Scheme for Rebate of State and Central Taxes and Levies

Notification No. 27/2019-Customs (N.T.) Dated 29th March, 2019

March 29, 2019 1326 Views 0 comment Print

Tariff Notification No. 27/2019-CUSTOMS (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 27/2019-CUSTOMS (N.T.) New Delhi, 29th March, 2019 S.O. 1482(E).– In exercise of […]

Determination of UTGST ITC based on construction area

March 29, 2019 2193 Views 0 comment Print

Union Territory Goods and Services Tax (Removal of Difficulties) Order, 2019- To remove difficulty in case of supply of services covered by clause (b) of paragraph 5 of Schedule II of the CGST Act, 2017 Government of India Ministry of Finance (Department of Revenue) New Delhi, the 29th March, 2019 The Union Territory Goods and […]

Determination of GST Input tax credit based on construction area

March 29, 2019 11016 Views 0 comment Print

Amount of credit attributable to the taxable supplies including zero rated supplies and exempt supplies shall be determined on the basis of the area of the construction of the complex, building, civil structure or a part thereof, which is taxable and the area which is exempt.

Karnataka HC allows revision of GST Tran-1 for non-technical errors

March 28, 2019 15102 Views 2 comments Print

M/s. Kongovi Private Limited Vs. Union of India (Karnataka High Court) The petitioner was aggrieved by the action of the Revenue in not permitting it to correct an error which occurred when filing Form GST TRAN-1, due to which the eligible credit under the earlier indirect tax law could not be transferred to the electronic […]

CA Firms Empanelment for Concurrent Audit with Vidharbha Konkan Gramin Bank

March 28, 2019 3528 Views 0 comment Print

Vidharbha Konkan Gramin Bank invites applications from practising Proprietor/ Partnership firms of Chartered Accountants in India who fulfil the eligibility criteria as mentioned hereunder and are willing to have their Firms empanelled as Concurrent Auditors in the Bank for conducting Concurrent Audit of 106 branches spread over 17 Districts of Maharashtra. The number of branches are likely to change.

Procedure for revocation of project registration under MahaRera

March 28, 2019 7701 Views 0 comment Print

Therefore, it is felt necessary to issue necessary direction which shall be followed for revocation of project registration and thereafter- MahaRERA shall only consider those complaints for revocation of project, when Association of Allottees is involved.

Reg. Opening of NRO Accounts by Long Term Visa (LTV) holders

March 28, 2019 1242 Views 0 comment Print

Foreign Exchange Management (Deposit) Regulations, 2016 – Opening of NRO Accounts by Long Term Visa (LTV) holders, changes related to Special Non-Resident Rupee (SNRR) Account and Escrow Account

Establishment of BO/ LO / PO or any other place of business in India by foreign entities

March 28, 2019 3639 Views 0 comment Print

For opening of a Branch Office (BO) / Liaison Office (LO) / Project Office (PO) or any other place of business in India, where the principal business of the applicant falls in the Defence, Telecom, Private Security and Information and Broadcasting sector, have since been reviewed in consultation with the Government of India and the amendments have been notified by Government vide Notification No. FEMA 22(R)(2)/2019-RB dated January 21, 2019.

Allow manual filing of TRAN-1 to petitioner by 31.03.2019: HC

March 28, 2019 2979 Views 0 comment Print

Allahabad High Court directs GST council to address petitioner’s issue with filing GST Tran-1, allowing manual submission if portal issues persist.

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