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Companies (Adjudication of Penalties) Amendment Rules, 2019

February 19, 2019 6249 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 3147 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 62334 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 7878 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 681 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 1110 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 1740 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.

When petitioner was not a fly by night operator, why bank accounts attached: HC ask Dept

February 15, 2019 1164 Views 0 comment Print

Mono Steel India Ltd. Vs State of Gujarat (Gujarat High Court) 1. Mr. Paresh Dave, learned advocate for the petitioner has submitted that for recovery of a sum of rupees three crore and odd, six bank accounts of the petitioner have been provisionally attached by issuing notices under section 83 of the Gujarat Goods and […]

3 New Functionality / Improvement on GST Portal

February 14, 2019 2817 Views 0 comment Print

GST Registration– For Taxpayer Suo-moto cancelled taxpayers were not able to file revocation of cancelled registration application, as they were asked to file return after the month (also), in which cancelation order was issued (till filing of this application) and same (the later months) was also not shown in drop down list for filing. This […]

Finance Bill, 2019 passed by Lok Sabha

February 14, 2019 6702 Views 0 comment Print

Finance Bill 2019 is passed by Lok Sabha on 12.02.2019 and Text of the same is as follows:- AS PASSED BY LOK SABHA ON 12-2-2019 Bill No. 5-C of 2019 THE FINANCE BILL, 2019 A BILL to continue the existing rates of income-tax for the financial year 2019-2020 and to provide for certain relief to […]

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