Follow Us:

Custom duty on Electric Vehicle & its specified part & raw material for manufacture of Lithium ion cells

January 29, 2019 6993 Views 0 comment Print

Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 to prescribe effective BCD rate on Electric Vehicle (EV) and their specified part and raw material for manufacture of Lithium ion cells vide Notification No. 03/2019-Customs dated 29th January, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 03/2019-Customs New Delhi, the […]

Tea bag manufacturing service classifiable under SAC 9988

January 28, 2019 4536 Views 0 comment Print

In re Vedika Exports Tea Pvt Ltd (GST AAR West Bengal) The Applicant makes a composite supply to Hindustan Unilever Ltd, where the service of manufacturing tea bags from the physical inputs owned by the latter is the principal supply. It is classifiable under SAC 9988 and taxable at 5% rate under Sl No. 26(f) […]

ICAI Revises Procedure for providing certified copies of evaluated answer-books

January 26, 2019 12051 Views 0 comment Print

An examinee may apply seeking inspection/certified copies of answer books, within 30 days from the date of declaration of respective result(s), with the applicable fee, online at http://icaiexam.icai.org and pay the applicable fee online. There is no provision for submission of such requests with late fee. Physical applications for Final/Intermediate and Foundation will not be entertained.

CBDT rescinds Notification No. 15/2008 Dated 1/2/2008 wef 01.04.2011

January 25, 2019 2013 Views 0 comment Print

Central Government hereby rescinds the notification of the Government of India, Ministry of Finance, Department of Revenue number 15/2008 dated 01.02.2008 published in the Gazette of India, Part II, Section 3, Sub-Section (ii) dated of 02.02.2008 vide S.O. 200 with effect from 01.04.2011 and it shall be deemed from 01.04.2011 that the said notification had not been issued for any tax benefit under the Income-tax Act, 1961 or any other law for the time being in force.

Done High Value Transactions in F.Y. 2017-18 but not filed ITR Yet?

January 24, 2019 1818 Views 0 comment Print

Have You Done High Value Transactions in F.Y. 2017-18 but haven’t filed ITR Yet? HERE’S A CHANCE TO SEE THE ISSUE & RESPOND ONLINE Many persons who have done high-value transactions in F. Y. 2017-18, but not yet filed Income Tax Return for the corresponding Asst. Year 2018-19, have been identified. For transparency and to reduce compliance […]

Seeks to rescind notification No. 11/2014-Customs (ADD) dated 11.03.2014

January 24, 2019 528 Views 0 comment Print

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE Notification No. 4/2019-Customs (ADD) New Delhi, the 24th January, 2019 G.S.R. 45(E).– In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) read with rules 18, 20 and 22 of the Customs Tariff (Identification, […]

Appellate Authority to decide an issue on Both Merits and jurisdiction if challenged on both basis

January 22, 2019 1629 Views 0 comment Print

ITO Vs Mohanraj Trading & Exchange (ITAT Mumbai) Hon’ble Madras High Court in the case of CIT vs Ramdas Pharmacy [1970] 77 ITR 276 (Mad) had expounded that an appellate authority cannot decide only one issue arising out of many issues and decline to go into the other issues raised before it on the ground […]

GST: Patanjali dealer found guilty of violating Anti profiteering Law

January 22, 2019 1674 Views 4 comments Print

Director General Anti-Profiteering Vs M/s Satya Enterprises (National Anti-Profiteering Authority) 1. The brief facts of the present case are that a reference was made by this Authority to the Director General Anti-Profiteering (DGAP), erstwhile Director General Safeguards, under rule 128 of the Central Goods and Services Tax (CGST) Rules, 2017 intimating that certain major manufacturers […]

No exemption U/s 54F on failure to deposit unutilized amount of capital gain within time

January 21, 2019 1509 Views 0 comment Print

Assessee is not entitled to the claim of deduction under section 54F of the Act as the assessee has failed to deposit the unutilized amount of capital gains in the capital gains scheme account by the date of filing of return of income.

Non-Operation of a Centralised System not an Excuse to delay Service Tax Payment & avoid penalty

January 21, 2019 831 Views 0 comment Print

Meinhardt Singapore PTE. Ltd. Vs Commissioner of Service Tax (Delhi High Court) Whatever be the constraint, the assessee was faced with, it was duty bound to remit amounts collected by it towards service tax, in a planned manner, and as required by law. The deposit belatedly, by it, on the ground that the amounts were […]

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