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Depositories (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) (Amendment) Rules, 2019

March 8, 2019 912 Views 0 comment Print

These rules may be called the Depositories (Procedure for Holding Inquiry and Imposing Penalties by Adjudicating Officer) (Amendment) Rules, 2019. They shall come into force on the date of their publication in the Official Gazette.

ITC allowed on GTA services in case of FOR sale

March 7, 2019 3717 Views 0 comment Print

M/s Ultratech Cement Ltd. Vs C.C.E. Kutch (Gandhidham) (CESTAT Ahmedabad) We find that the Chartered/ Cost Accountant has certified that the goods were sold on FOR basis by the Appellant and the freight/ damages in transit was responsibility of Appellant till the goods reaches the doorstep of the Customers. Also we find that the consignment […]

Cabinet approves creation of Post of Technical Member in SAT, Mumbai 

March 7, 2019 498 Views 0 comment Print

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for creation of the Post of Technical Member in Securities Appellate Tribunal (SAT), Mumbai at the level of Secretary to the Government of India in the pay scale of Rs. 2,25,000/- (fixed) or Level 17 of the Pay Matrix as per the […]

Teachers are Entitled to Gratuity: SC

March 7, 2019 12792 Views 0 comment Print

In the light of the amendment made in the definition of the word ’employee’ as defined in Section 2(e) of the Act by Amending Act No. 47 of 2009 with retrospective effect from 03.04.1997, the benefit of the Payment of Gratuity Act was also extended to the teachers from 03.04.1997.

Object of LLP is Mainly for professional services & not for manufacturing activity: MCA

March 6, 2019 20766 Views 0 comment Print

It has been stated that ‘object of LIP is Mainly for professional services and not manufacturing activity’ Further, it has also been stated that ‘conversion of company doing manufacturing activity into LLP should not be allowed’ and other conversions of Company to LLP are not to be allowed easily and the compliances should be checked prior to conversion.

Amendments to Maharashtra VAT & PT Act, (Ordinance) 2019

March 6, 2019 4455 Views 0 comment Print

This Ordinance may be called the Maharashtra Tax Laws ( Amendment and Validation) Ordinance, 2019. It amends Amendment To Maharashtra State Tax On Professions, Trades, Callings And Employments Act, 1975

Continuation of Credit Linked Capital Subsidy & Technology Up-gradation Scheme- Reg.

March 6, 2019 2115 Views 0 comment Print

The Central Government has decided to continue the Credit Linked Capital Subsidy and Technology Up-gradation Scheme (CLCS-TUS) with a total outlay of Rs. 2900 crore beyond 12th Plan for three years from 2017-18 to 2019-20 recommended by the Expenditure Finance Committee (EFC).

Notification to give effect to amendment made in India-Singapore CECA

March 6, 2019 3003 Views 0 comment Print

These rules may be called the Customs Tariff Determination of Origin of Goods under the Comprehensive Economic Cooperation Agreement between the Republic of India and Republic of Singapore (Amendment) Rules, 2019.

GST: HC remanded back the matter to Single Bench, which was dismissed without considering merits

March 6, 2019 1668 Views 0 comment Print

M/s. Sangeetha Jewellery Vs State Tax Officer (Kerala High Court) In this writ appeal it is mainly contended that the dismissal of the writ petition is erroneous on the ground that the judgment in M/s Sheen Golden Jewels (India) Pvt. Ltd. (supra) covers only the question regarding constitutional validity of Section 174 of the KSGST […]

RFP for Appointment of Audit firm for conducting Internal Audit & ICFR with BOB Financial Solutions Ltd

March 5, 2019 2589 Views 0 comment Print

BOB Financial Solutions Limited invites sealed tender offers (Eligibility, Technical bid and Commercial bid) from eligible, reputed entities for RFP for Appointment of Audit firm for conducting Internal Audit & ICFR

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