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Pay Your Advance Tax for F.Y. 2017-18 if not already paid by 31st March, 2018

March 28, 2018 16398 Views 0 comment Print

Pay Your Advance Tax for F.Y. 2017-18 if not already paid by 31st March, 2018 with interest and avoid payment of excess interest on Self Assessment later on

GST: Supply of Food & Beverages in Trains is supply of Goods: Delhi AAR

March 28, 2018 9498 Views 0 comment Print

In re R. K. Gupta, Partner M/s Deepak & Co. (AAR Delhi) In the case of supply of food and beverages (cooked/ MRP/ packed), at defined menu and tariff, by the applicant to IRCTC/ passengers on behalf of IRCTC, on board the Rajdhani/ Duronto Express trains, the service charges are covered under Service Code (Tariff) […]

Make appropriate changes in GST portal to enable petitioner to comply with statutory requirements: HC

March 28, 2018 1275 Views 0 comment Print

HC directs to make appropriate changes in the portal so as to enable the petitioner to comply with the statutory requirements for the period prior to 09.03.2018 also, within ten days

Depreciation on Printers, UPS, Scanners, Cash dispenser Hardware & ATM Switch

March 28, 2018 8982 Views 1 comment Print

Adarsh Coopertaive Urban Bank Ltd. Vs ACIT (ITAT Hyderabad) ATM is a computer telecommunication device that allows Bank Customers to access banking at places other than the normal bank without having to take the trouble to go to the Bank in person and collect the cash as is done under the conventional method of withdrawing […]

CBEC amends 5 notification to exempt IGST & services tax compensation cess on import of goods under licenses

March 28, 2018 6198 Views 0 comment Print

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in each of the notifications of the Government of India in the Ministry of Finance

Notification No. 26/2018-Customs (N.T.) dated: 28th March, 2018

March 28, 2018 1833 Views 0 comment Print

Tariff Notification No. 26/2018-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg

No requirement of E-way bill for intra- State supplies in Chhattisgarh & Himachal Pradesh

March 28, 2018 14463 Views 0 comment Print

It is hereby notified that e-way bill shall not be required for transportation of any class of goods of any value in case of movement of goods which commence and terminate within the state of Chhattisgarh subject to the condition that invoice or delivery challan as the case may be prescribed under Chhattisgarh Goods and Service Tax Act, 2017, accompanies such goods in transit.

Problems encountered in sanction or IGST refund

March 28, 2018 12228 Views 3 comments Print

Wherever information provided in GSTR I is incorrect or insufficient, exporters have been given the option to rectify the same through Table 9A of GSTR 1. The modification done through Table 9A have been transmitted by GSTN to Customs EDI system.

Complicated Composite supply – Works contract supplies to Government

March 28, 2018 7539 Views 0 comment Print

Changes brought in by various amendments in respect of supply of works contract services by sub-contractors, appears to be not meeting the intention of Government to keep the sub-contractors in the status-quo as they stood in the erstwhile tax regime. The tax payers may argue out that the intention prevails over the ambiguous language of the law and may take the benefit of reduced rates even in case of chain below the sub-contractors.

Anti-dumping duty on Veneered Engineered Wooden Flooring

March 27, 2018 4227 Views 0 comment Print

Seeks to impose anti-dumping duty on Veneered Engineered Wooden Flooring, originating in or exported from China PR, Malaysia, Indonesia and the European Union.

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