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Important Points for Transporters of Goods regarding E-way bill

March 31, 2018 7377 Views 0 comment Print

1. E-way bill for inter-State movement of goods will be implemented from 1st April, 2018. Till then e-way bill can be generated on voluntary basis. 2. You can register now on the portal of e-way bill namely http://ewaybillgst.gov.in by using your GSTIN. You don’t need to wait 1st April, 2018.11 you don’t have GSTIN, then […]

New Clarification with respect to e-way bill System

March 31, 2018 3207 Views 0 comment Print

The e-way bill system for inter-State movement of goods across the country is being introduced from 01st April 2018. Few clarifications regarding the new e-way bill system are as follows:

Maharashtra Govt. reduces stamp duty on residential house for EWS & LIG groups

March 31, 2018 13611 Views 9 comments Print

Maharashtra Government fixes the stamp duty to the extent of Rs-1000 only as otherwise chargeable under clause (b) of Article 25 of Schedule-I appended to the said Act, on the first instrument for Economically Weaker Section (EWS) & Lower Income Groups (LIG).

Procedure for obtaining unique DPD code to DPD importers -Reg.

March 30, 2018 7587 Views 0 comment Print

As per the prevailing provisions, the importer who intends to avail DPD facility shall have to submit duly filled in registration form along with certain prescribed documents to get themselves registered with the Port Terminals.

Promotion of 305 ACIT to the grade of DCIT

March 30, 2018 9429 Views 0 comment Print

Notification No. 05 of 2018 – Promotion of 305 Assistant Commissioners of Income Tax to the grade of Deputy Commissioners of Income Tax

Appointment of 149 IRS Officers in the grade of ACIT

March 30, 2018 2493 Views 0 comment Print

Notification No. 04 of 2018 – Confirmation of appointment of IRS Officers (2013 batch) in the grade of Assistant Commissioners of Income Tax – reg.

E-way Bill at a Glance

March 30, 2018 4446 Views 1 comment Print

E-way Bill is a document to be generated electronically before the movement of goods both for Intra State (within State) and inter-state (from one state to another) supply having value more than Rs. 50,000/-. The purpose of the e-way bill is to eradicate the tax evasion and to ensure the ease of doing business by avoiding the wastage of time at the check posts.

ICICI Bank’s clarification on RBI penalty

March 29, 2018 1503 Views 0 comment Print

RBI has imposed a penalty on the Bank for continued sale of government securities classified as HTM. ICICI Bank had continued with the sales from HTM category for a few weeks during the quarter ended March 31, 2017, due to a genuine misunderstanding on the timing of the applicability of RBI’s direction in this matter.

IBBI amends Insolvency Resolution & Liquidation Process Regulations

March 29, 2018 1242 Views 0 comment Print

IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016

CBEC extends GST Refund on Export Fortnight till 31.03.2018

March 29, 2018 1041 Views 0 comment Print

In order to facilitate the sanction of refunds, the Central Board of Excise and Customs (CBEC) has decided to extend the Refund Fortnight and keep open all the Customs field formations on 29.03.2018, 30.03.2018 and 31.03.2018 even though these are holidays/ non-working days. Necessary administrative instructions have been issued in this regard.

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