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Notification No. 87/2017- Customs (N.T.) Dated: 15.09.2017

September 15, 2017 2919 Views 0 comment Print

Notification No. 87/2017- CUSTOMS (N.T.) Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Seeks to amend certain customs notifications in pursuance to change made in Budget 2017-18

September 15, 2017 957 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 amends the following notifications of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of the Table below, to the extent specified in the corresponding entries in column (3) of the said Table, namely

EPFO revises composite Pension Payment Order form

September 15, 2017 2664 Views 1 comment Print

The Central Provident Fund Commissioner has approved a composite Pension Payment Order form (copy enclosed) replacing the existing Pension Payment Order. The Information Services Division has made requisite changes in the application Software to replace the existing Pension Payment Order with the revised Pension Payment Order.

Removal of prohibition on export of Pulses till further orders

September 15, 2017 987 Views 0 comment Print

Toor Dal, Moong and Urad have been made ‘free’ for export till further orders. The exporter will have to do prior-registration of contracts with APEDA.

Tax Exemption cannot be denied to Trust not meant for one particular religious community

September 14, 2017 2472 Views 0 comment Print

It has been found that the activities of the Assessee Society, though both religious and charitable, were not exclusively meant for one particular religious community. It was, therefore, rightly not denied exemption under Section 11 of the Act.

Section 11 exemption cannot be denied for receipt of fees from non-members

September 14, 2017 978 Views 0 comment Print

Assessee is an association of professional and businessman to protect and promote the interest of its members. The income of the assessee is from membership fees from its members, specialized services, services and facilities, meetings, seminars and training programmes, sale of publication etc. It is also noted that the income of the assessee from other […]

Sec. 153C Seized incriminating materials should belong to person other than the person referred to in Section 153A

September 14, 2017 2607 Views 0 comment Print

Gujarat High Court in the  case of  Kamleshbhai Dharamshibhai Patel v. Commissioner of Income Tax-III, (2013) 31 taxmann.com 50 (Gujarat)  has categorically held that it is an essential condition precedent that any money, bullion or jewellery or other valuable articles or thing or books of accounts or documents seized or requisitioned should belong to a […]

Amendments in SION H-331 for export product Toothbrushes -reg

September 14, 2017 867 Views 0 comment Print

Public Notice No. 25/2015-2020 Import Item at S. No. 2 of SION H 331 has been amended to include Poly Butylene Terephthalate Filament.

Notification No. 86/2017- Customs (N.T.) Dated: 14.09.2017

September 14, 2017 3873 Views 0 comment Print

Notification No. 86/2017- Customs (N.T.)- Amendment to notification no 82/2017-Cus (N.T.) dt 24.08.2017 and notification no 85/2017-Cus (N.T.) dt 07.09.2017

Job Work And Composite Supply Under GST

September 13, 2017 8316 Views 2 comments Print

The works contract issue had been a never ending story right from the 46th amendment of Constitution of India in 1984 and it was settled only in 2002 by the Supreme Court in ACC Ltd case in 124 STC 59. But even after that celebrated decision, still thousands of works contract cases are pending in various High Courts.

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