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MGST: RCM on Supply of services by members of Overseeing Committee to RBI

October 13, 2017 768 Views 0 comment Print

Notification No. 33/2017-State Tax (Rate) Supply of services by the members of Overseeing Committee to Reserve Bank of India.

MGST Registration exemption to casual taxable person supplying handicraft goods

October 13, 2017 984 Views 0 comment Print

In exercise of the power conferred by sub-section (1) of section 11, Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), the Government of Maharashtra, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the Government Notification

MGST: GST Rate on Composite supply of works contract, Transport, GTA, Renting of Motor Vehicle, Job Work Etc

October 13, 2017 1914 Views 0 comment Print

In exercise of the power conferred by sub-section (1) of section 9, sub-section (1) of section 11, sub-section (5) of section 15 and sub-section (1) of section 16 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), the Government of Maharashtra, on the recommendations of the Council

ICSI Corporate Anti-Bribery Code

October 13, 2017 6573 Views 0 comment Print

ICSI Institute has come up with a well-researched Corporate Anti-Bribery Code. Code would supplement the government’s initiative towards building a corruption free New India by 2022.

Golden Years of ICSI Journey

October 13, 2017 1500 Views 0 comment Print

A Jubilee is a carnival in the life of any Institution as it keeps making the entire commune to relish the successful assignment of the lighted torch from one spearhead to another and the Golden Jubilee is a grand celebration for that Institute to look back on significant milestone of their hard work, dedication and good work, and also to look forward on building celebrative milestones in the upcoming journey of their vision

Penalty u/s 221(1) for default in payment of self assessment tax u/s 140A wrt Original / Revised Income Tax Return

October 12, 2017 10071 Views 0 comment Print

Law explained on whether an assessee who defaults on paying self assessment tax u/s 140A while filing the return of income is liable for penalty u/s 221(1) if he files a revised return of income and pays the tax thereon at the time of filing the revised return of income

Disposal of cases having tax effect more than Rs. 50 Cr.

October 12, 2017 918 Views 0 comment Print

As per the Central Action Plan issued for the F.Y. 2017-18, all pending appeals having tax effect of Rs. 50 crore or more are to be dispose of up to 31st December, 2017 as mentioned at Para (i) of Action Plan of chapter-III of the Central Action Plan which is reproduced as under: –

Amendment to Customs Valuation Rules- Notification No. 91/2017 (NT)

October 12, 2017 15879 Views 1 comment Print

Place of Importation” means the customs station where the goods are brought for being cleared for home consumption or for being removed for deposit in a warehouse

Problem faced by Nepalese pensioners in private sector

October 12, 2017 654 Views 0 comment Print

Procedure to be adopted by Indian Banks who have branches in Nepal for submission of life certificates of Nepalese pensioners. The Bank Managers or authorized officials of Nepal SBI Bank Limited (NSBL)/Everest Bank Limited (EBL) located in Nepal may certify the physical copy of the Life certificate of the pensioners residing in Nepal and forward the same to the Pension Paying Branch of SBI/PNB respectively of the concerned pensioner in India.

MCA amends notification No. S.O. 1693 (E) dated 3rd October, 2007

October 12, 2017 1017 Views 0 comment Print

In exercise of the powers conferred by section 29A of the Cost and Works Accountants Act, 1959 (23 of 1959), the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Corporate Affairs, vide number S.O. 1693 (E) dated the 3rd October, 2007, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-Section (ii), dated the 3rd day of October, 2007, namely

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