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Terminal Excise Duty payment is not Valid reason to deny Refund

December 14, 2017 1548 Views 0 comment Print

Explore the Ministry of Mines’ 2024 amendments to Mineral Auction Rules. Changes in bid submissions, upfront payments, and performance security.

Extension of due date of deposit of TDS/ TCS for October month to 08.11.2017

December 13, 2017 3798 Views 0 comment Print

CBDT hereby extends the due date of deposit of tax deducted at source/ tax collected at source during the month of October. 2017 from 7th November, 2017 to 8th November, 2017.

Geared Motor falls under HSN code 8501 attracting GST at 18%: AAR

December 13, 2017 23451 Views 1 comment Print

The applicant M/s. Power Build Private Limited has submitted that in manufacturing of ‘Geared Motors, Electric Motors are assembled with Gear Boxes manufactured by them. Commercially, a Gearbox cannot have any use without being rotated and coupled with motor affixed to it

GST AAR Ruling- Whether Pulses, processed dry fruits / Spices, Cereal are agriculture produce?

December 13, 2017 7386 Views 0 comment Print

The applicant, M/s. Guru Cold Storage Pvt. Ltd., has referred to notification No. 11/2017-Central Tax (Rate) dated 28.06.2017, which inter-alia provides rate of tax as NIL for ‘support services to agriculture, forestry, fishing, animal husbandry’, and submitted that in their opinion,

GSTR 3B filing process simplified now

December 13, 2017 5943 Views 0 comment Print

At the time of filing GSTR 3B Return, after login, the taxpayer has to select Yes/ No in the questionnaire provided. Based upon selection, relevant tiles open for entering data in Form GSTR 3B.

Selling of open car parking space not allowed: Maha-RERA

December 13, 2017 17694 Views 6 comments Print

The complainant, who is a resident in a completed building in the above registered project, has filed this complaint seeking directions of MahaRERA to the respondent to allow him to park his vehicle inside the compound wall of the building. The Complainant has further alleged that the Respondent is selling open car parking by collecting in cash without any documentation.

Advocate Fees based on a share in subject matter is professional misconduct & cannot be the basis of a Complaint U/s. 138 of NI Act: SC

December 13, 2017 8772 Views 0 comment Print

Mere issuance of cheque by the client may not debar him from contesting the liability. If liability is disputed, the advocate has to independently prove the contract. Claim based on percentage of subject matter in litigation cannot be the basis of a complaint under Section 138 of the Act.

Notification extending Due Date for Linking Aadhaar- PAN with Bank A/cs

December 12, 2017 1896 Views 0 comment Print

In case the client already having an account based relationship with reporting entities prior to the date of publication of this notification in the official Gazette fails to submit the Aadhaar number and Permanent Account Number by such date as may be notified by the Central Government, the said account shall cease to be operational till the time the Aadhaar Number and Permanent Account Number is submitted by the client.”

Refund/ Claim of Countervailing duty as Duty Drawback

December 12, 2017 2652 Views 0 comment Print

Where imported goods subject to Countervailing Duties are exported out of the country as such, then the Drawback payable under Section 74 of the Customs Act, 1962 would also include the incidence of Countervailing Duties as part of total duties paid, subject to fulfillment of other conditions.

NSE Trading holidays for the calendar year 2018

December 12, 2017 11802 Views 0 comment Print

In pursuance to clause 2 of Chapter IX of the Bye-Laws and Regulation 2.3.1 of part A Regulations of the Capital Market Segment, the Exchange hereby notifies trading holidays for the calendar year 2018 as below

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