Sponsored
    Follow Us:

GST: 28 Latest FAQs on GST as replied by Govt on Twitter

November 27, 2017 10692 Views 1 comment Print

I have submitted Bank guarantee and bond for export purpose. Now as per notification no. 37/2017- Central Tax, I am eligible to export under LUT. When can I take back BG & bond and instead submit LUT?

CBEC relaxes requirement for mandatory e-sealing

November 27, 2017 2412 Views 0 comment Print

Attention of the Exporters, Custom Brokers and all concerned are invited to the Board Circular No. 44/2017-Customs dated 18th November, 2017 and Public Notice No. 145/2017 issued vide F. No. S/12-Gen-82/2015 AM(X) (Part File) dated 10/11/2017.

Rules for Refund of IGST paid on Exports

November 25, 2017 10884 Views 3 comments Print

As per Rule 96, the refund of IGST paid on export of goods is processed and disbursed by Customs. For processing such refund, GST System transmits invoice level data of Table 6A in GSTR 1 subject to following validations: 1. GSTR 3B is filed for corresponding period, with admitted tax liability of IGST under Table […]

Notification No. 19/2017-Customs (N.T./CAA/DRI), Dated: 24.11.2017

November 24, 2017 1110 Views 0 comment Print

In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette of India, Extra-ordinary, Part-II, section 3, sub-section (i), and as amended by notification No. 133/2015-Customs (N.T.), published

Procedure for transfer of unclaimed suspense shares to demat A/c of IEPF

November 24, 2017 10857 Views 0 comment Print

In respect of shares held in the unclaimed suspense account opened by the company as directed by SEBI, the procedure to be followed for transfer of such shares to demat account of the IEPF Authority held in NSDL system is given below:

FAQs Non-competitive Bidding Facility for Dated Securities and Treasury Bills of the Government of India

November 23, 2017 264 Views 0 comment Print

FAQs Non-competitive Bidding Facility for Dated Securities and Treasury Bills of Government of India To encourage retail participation in the primary market for Government Securities, the facility of non-competitive bidding in Dated Government Securities and Treasury Bills auctions has been introduced. This will enable the investor to purchase a specified number of securities at the […]

Disallowance U/s. 14A untenable in absence of Non-recording of satisfaction

November 23, 2017 1545 Views 0 comment Print

Phraseology of section 14A of the Act itself specifies that the satisfaction contemplated is required to be arrived at having regard to the accounts, an approach which is conspicuous by its absence in the present case.

Auction of Government Securities: Non-Competitive Bidding Facility to retail investors

November 23, 2017 789 Views 0 comment Print

As part of the overall strategy of diversifying the investor base for government securities, the Government of India and RBI have been taking various measures to encourage participation of retail investors in G-Sec market including introduction of non-competitive bidding in primary auctions.

Conversion of debt into equity- Review

November 23, 2017 1644 Views 0 comment Print

On a review of the limit imposed on shareholding of the post converted equity of the borrower company under reconstruction by Asset Reconstruction Companies (ARCs), it has been decided to exempt ARCs meeting the criteria set out in paragraph 3 below from the cap of 26% subject to compliance with the provisions of the SARFAESI Act, 2002.

Go live of e Payment Module under SAP System in Maharashtra

November 23, 2017 10713 Views 0 comment Print

The facility of making e-payments under all Acts (except GST) administered by Maharashtra Goods and Services Tax Department (MGSTD) is available on the web-site www.mahavat.gov.in through the e Payment Gateways of GRAS and the SRI e-Pay.

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031