Large OEM customers require their suppliers to supply material as and when required for their production. Majority of OEM customers have built into their contracts with supplier , where supplier is not based at their production location,
GST (Goods & Service Tax) is a dream evolving into reality. Model GST law has been released by Government of India in public domain in June 2016 as it would be applicable to whole of India. Our Magna-Carta, the Constitution of India, has been duly amended vide One Hundred and Twenty Second Constitution Amendment bill, 2014 w.e.f. 16 September 2016 as recently notified.
40 Officers of the Customs & Central Excise selected for Grant of Presidential Award of Appreciation Certificate for Specially distinguished Record of Service.
Taking further to our discussion, we are continuing our discussion the definitions given under Section 2 of revised GST law and comparing the same with old model GST law to know the changes made in revised law
Disputes have cropped up in respect of classification of railway/bus/other tickets/passes, railway ticket rolls and bus ticket rolls, mark sheets/certificates, OMR Sheets/ Answer Books with OMR, Answer booklets, inland letter cards, passbooks, applications forms, paper outer strip seal, Railway receipt (RR) and practical notebook.
The Nation celebrates National Girl Child Day tomorrow. On 24th January every year, we celebrate the girl child, acknowledge her equal status and position in society and together we commit to fight the disadvantages, discriminations and inequalities the girl child faces in our society.
The 7th National Voters’ Day will be observed on Wednesday, January 25. It was instituted in 2011 in remembrance of the foundation day of the Election Commission of India. It was on January 25, 1950 on the eve of the first Republic Day that the Election Commission had come into existence.
Financial Reporting of Companies for the year ended 31st March, 2017 is expected to change due to the applicability of Companies (Accounting Standards) Amendment Rules, 2016. Ministry of Corporate Affair has notified the Companies (Accounting Standards) Amendment Rules, 2016 on 30th March, 2016
Statutes generally contain a definitions section that sets forth and defines the key terms used in the statute. You might find these definitions either in the section of the statute you are analyzing, or more likely, in one of the first sections of the act viz. Section 2 of the Model GST Law.
An order is received from customer based in a different state for supply of goods on Ex- works basis ie delivery will be taken by customer at factory premises of supplier for their onward movement to intended destination.