Follow Us:

HC order Release of Goods as Sale Transaction not attained Finality

February 20, 2019 939 Views 0 comment Print

Sunaiba Industries Vs State of U.P. (Allahabad High Court) The petitioner is the selling dealer of the goods. The goods were being transported from Delhi to Kanpur in 30 builties. Only on account of improper invoice in respect of some of the builites, the goods have been seized and directed to be released on furnishing […]

Dabur Odomos classifiable under HSN 38089191 : AAR UP

February 20, 2019 1299 Views 0 comment Print

In re Dabur India Ltd. (GST AAR Uttar Pradesh) The issue presented before us, the classification of `Odomos’ has to be examined under the relevant provisions of the Customs Tariff Act, 1975, as to whether the product `Odomos’ should be classified under Chapter-38 or under Chapter 30 of the Customs Tariff Act, 1975. We find […]

No Angel tax on issuance of shares up to Rs. 25 crore

February 19, 2019 35271 Views 0 comment Print

A Start-ups will be eligible for exemption under Section 56 (2) (viib) of Income Tax Act, if it is a private limited company recognized by DPIIT and is not investing in any of the following assets: i. building or land appurtenant thereto, being a residential house, other than that used by the Start-ups for the purposes of renting or held by it as stock-in-trade, in the ordinary course of business;

Companies (Adjudication of Penalties) Amendment Rules, 2019

February 19, 2019 6162 Views 0 comment Print

Adjudication of Penalties. – (1) The Central Government may appoint any of its officers, not below the rank of Registrar, as adjudicating officers for adjudging penalty under the provisions of the Act.

Registration for Practical Training Assessment on March 22, 2020- ICAI

February 19, 2019 3132 Views 0 comment Print

The next practical training assessment test is being scheduled on March 10, 2018. The students who have completed their 1st/ 2nd year of practical training during the second/ third/ fourth quarter of 2018, i.e. April-June, 2018, July-September, 2018 and October-December, 2018 are eligible to appear in this test.

Reporting of Inter-State supplies to unregistered persons in Form GSTR-3B and Form GSTR-1

February 18, 2019 62052 Views 2 comments Print

It is instructed that the registered persons making inter-State supplies to unregistered persons shall report the details of such supplies along with the place of supply in Table 3.2 of FORM GSTR-3B and Table 7B of FORM GSTR–1 as mandated by the law.

Export license for Export of red sanders in log form and roots- Reg.

February 18, 2019 7827 Views 0 comment Print

Procedure to obtain export license from DGFT for export of Red Sanders wood in log form, roots and value added products exclusively sourced from cultivation origin obtained from private land (including Pattaland) under Chapter 44 of ITC(HS) Classification of Export and Import Items 2018 has been prescribed.

Investment by Foreign Portfolio Investors (FPI) in Debt

February 15, 2019 645 Views 0 comment Print

As announced in paragraph 10 of the Statement on Developmental and Regulatory Policies of the Sixth Bi-monthly Monetary Policy Statement for 2018-19 dated February 07, 2019, in order to encourage a wider spectrum of investors to access the Indian corporate debt market, it has been decided to withdraw this provision with immediate effect.

Import of Nicotinic Acid & Nicotinamide – NOC condition removed

February 15, 2019 1068 Views 0 comment Print

Till now, import of Nicotinic Acid & Nicotinamide (Niacinamide/ niacin) was ‘Free’ subject to No Objection Certificate (NOC) from Narcotics Commissioner, Gwalior, before import of the item. For import of Nicotinic Acid & Nicotinamide (Niacinamide/ niacin, this Policy Condition is being removed with immediate effect.

CESTAT Appeals without Mobile No. email ID Parties Counsel treated Defective

February 15, 2019 1701 Views 0 comment Print

Appeals filed before CESTAT Bench shall contain the mobile number and e mail address of the asseessee and their counsel whether they are appellant or respondent in the appeal memo. Appeals without the above required details will be considered as defective appeals.

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031