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Reopening of assessment cannot be permitted merely on the ground of Survey

August 18, 2017 3369 Views 0 comment Print

Where AO reopened the assessment, based on statements recorded and material impounded during survey, however, without establishing any whisper from the reasons recorded regarding the escapement of any income, such reassessment based on suspicion and surmises was set aside.

CBEC gives effect to renewed MoU on India-Bangladesh border haats

August 18, 2017 648 Views 0 comment Print

Seeks to further amend notification no. 60/2011-customs dated 14th july 2011 to give effect to renewed MoU on India-Bangladesh border haats- Notification No. 73/2017-Customs

Anti-dumping duty on Textured Toughened (Tempered) Glass import from China

August 18, 2017 4362 Views 0 comment Print

CBEC imposes Seeks to impose anti-dumping duty on TexturedToughened (Tempered) Glass , originating in or exported from China PR -Notification No. 38/2017-Customs (ADD)

Submit note in respect of each high-pitched assessment case: Revenue Secretary

August 18, 2017 2802 Views 0 comment Print

In April, 2017, Board had called for all India information regarding functioning of Regional Committees to deal with Tax Payer Grievances from High Pitched Assessments. Some of the charges had reported that the Committees had identified some cases as ‘High-Pitched’.

14 steps to file GST Return-3B

August 17, 2017 10821 Views 6 comments Print

Declare your liabilities and ITC claims in Section 1 and 4 respectively by clicking on the tiles and furnishing the required information. Transitional FTC cannot be claimed in GSTR 3B. It can be claimed only through TRANS 1 and TRANS 2,

Rate of exchange of conversion of foreign currency WEF 18th August, 2017

August 17, 2017 933 Views 0 comment Print

Notification No. 81/2017 – Customs (N.T.) Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 18th August, 2017, be the rate mentioned against it in the corresponding entry in column á3ê thereof, for the purpose of the said section, relating to imported and export goods;

Maharashtra GST- Conditions for submission of GSTR-3B with TRAN-1- extension of due date

August 17, 2017 1974 Views 0 comment Print

No. JC(HQ)-1/GST/2017/Noti/18/ADM-8.—In exercise of the powers conferred by sub-rule (5) of the rule 61 of the Maharashtra Goods and Services Tax Rules, 2017 (hereinafter in this notification referred to as the said rules) and notification No. JC(HQ)-1/GST/2017/Noti/18/ADM-8, dated the 8th August 2017 published in the Government of Maharashtra Gazette, Extra-ordinary, Part II No. 66, dated the 11th August 2017, the Commissioner of State tax

GST- Maharashtra GST (5th Amendment) Rules, 2017

August 17, 2017 2202 Views 0 comment Print

No. MGST. 1017/C.R. 138/Taxation-1.—In exercise of the powers conferred by section 164 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), the Government of Maharashtra, hereby makes the following rules further to amend the Maharashtra Goods and Services Tax Rules, 2017, namely

Delhi VAT return filing date for Q1 of 2017-18 extended to 01/09/2017

August 17, 2017 3603 Views 0 comment Print

In partial modification to this department’s Circular No. 11 of 2017-18 on the subject cited above and in exercise of the powers conferred under Rule 49A of the Delhi Value Added Tax Rules, 2005, I H. Rajesh Prasad, Commissioner, Value Added Tax, do hereby extend the last date of filing of online/hard copy of First quarter return for the year 2017-18, in Form DVAT-16, DVAT-17 and DVAT-48 along with required annexure/enclosures up to 01/09/2017.

Making E-payment of Customs duty mandatory – Reg.

August 17, 2017 3864 Views 0 comment Print

Making E-payment of Customs duty mandatory where duty of customs is ten thousands or more and where importers registered under Authorised Economic Operator Programme

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