It has been decided that the quota of 1 Lakh MT may be distributed amongst the MMTC and NAFED equally. Therefore, MMTC and NAFED are allocated 50.000 MT each of Maize (feed grade) under the TRQ Scheme for 2019-20. subject to the conditions mentioned in Trade Notice no.02 dated 03.04.2019 and these imports should only take place with ‘actual user condition’ so that the poultry farms are only allowed to import with the concessional duty and others don’t derive benefit out of this measure.
This Public Notice waives off the requirement of destruction certificate from excise/custom authorities for the unutilized duty free unregistered sources with pre-import condition. GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 11/2015-2020-DGFT NEW DELHI : Dated the 14th June, 2019 Subject: Waiving off the requirement […]
The petitioner challenges Ext.P5 order made under Section 129 of KSGST Act. Ext.P5 is an appealable order. The petitioner by furnishing Bank Guarantee has obtained release of goods intercepted and detained by the authorities under Section 129.
In re Indian Institute of Science Education and Research (GST AAAR Odisha) Appellant satisfies the requirement of being a Public funded research institution as provided in Notification No-51/1996-Customs, dated 23.07.1996 read with Notification No-43/2017-Customs dated 30.06.2017 and ruled accordingly for being entitled to the exemption from levy of IGST on import of specified goods as […]
Where no satisfaction had been recorded by the AO for initiation of penalty in the assessment order the same cannot invite the assessee to penalty under section 271(1)(c)
Article explains how to Request for Nil/Lower Deduction/Collection Certificate (Form 13) by Resident (Covered under Rule 28AB of Income Tax Rules, 1962), Resident (Not Covered under Rule 28AB of Income Tax Rules, 1962), Non Resident and Non Ordinarily Resident. Article also explains about Form 13 Submission with Mobile OTP. It further includes Important Information of […]
Shri Navneet Gupta Vs M/s Bharti Telemedia Pvt Ltd. (NAA) It was submitted that the tax incidence on DTH services prior to GST implementation was subjected to Entertainment Tax which ranged between 10% to 25% in various States, in addition to 15% Service Tax, whereas on introduction of GST, the tax rate came down to […]
In re Harmilap Media (P) Ltd. (GST AAR Uttarakhand) (a) applicability of GST rate on selling of space/ time for advertisement in print media in case of advertising companies; Selling of space for advertisement in print media by advertising company/ agency shall attract GST @ 5% [2.5% CGST + 2.5% SGST] in case of advertising […]
In the Section A – Directions on Governance of domestic CCPs authorised to operate in India by the RBI, the upper age limit for appointment of Managing Director, Director, Nominee Director, Independent Director and Chairperson was stipulated as 65 years.
In the upcoming GST Council Meeting ,the finance ministry might propose threshold limit of turnover Rs 50 crore for generating E-invoice on a centralized government portal for business-to-business (B2B) sales which might be beneficial for entities as well as for government as follows- Entities with turnover above Rs 50 crore would be saved from the […]
