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Anti profiteering established as ITC of erstwhile CVD not passed

November 28, 2018 1221 Views 0 comment Print

Respondent is directed to reduce the sale price of the above items immediately commensurate to the reduction in the price due to ITC of erstwhile chargeable CVD which is now available in the form of IGST and pass on this benefit to his customers.

Corrigendum to Circular 44/2018-Customs dated 13.11.2018

November 27, 2018 3096 Views 0 comment Print

The document code for Extended Producers Responsibility Authorization (EPRA), given in the table at para 1, may be read as 651002 instead of 651001 as mentioned in the above said Circular.

MAHARERA Circular: SOP for handling information on Non-Registered Projects

November 26, 2018 1695 Views 0 comment Print

Whereas based on inputs received from various stakeholders, it has been decided to simplify the procedure for Non-Registered Projects and provide an option for hearing with authority for the information provider to present his / her case.

GST on transportation service in contacts for erection of transmission towers

November 26, 2018 3510 Views 0 comment Print

In re Skipper Ltd (GST AAR West Bangal) The Applicant supplies works contract service, the value of which includes inter alia consideration paid for transportation and in-transit insurance. GST is to be paid on the entire value of the works contract, including the supply of materials, transportation, in-transit insurance, erection, commissioning etc. The exemption under […]

CBDT approves M/s. Thalassemia and Sickle Cell Society U/s. 35(1)(ii)

November 26, 2018 741 Views 0 comment Print

Notification No. 84/2018 M/s. Thalassemia and Sickle Cell Society has been approved by Central Government for clause (ii) of sub-section (1) of section 35 of Income-tax Act, 1961

GST Advance ruling application rejected as not filed as per Rules

November 26, 2018 825 Views 0 comment Print

The applicant has already been reminded twice. The Application is hereby REJECTED as it has not been filed as per the act and rules of State GST act and/or Central GST act.

Notification No. 27/2018-Customs (N.T./CAA/DRI) Dated: 26/11/2018

November 26, 2018 1356 Views 0 comment Print

Notification No. 27/2018-Customs (N.T./CAA/DRI) Director General, Revenue Intelligence, hereby appoints officers mentioned in column (5) of the Table below to act as a common adjudicating authority

How to do GST Audit Assessment – Guide for department

November 25, 2018 14625 Views 0 comment Print

1. Introduction State GST Department is one of the most important departments entrusted with the responsibility of tax administration. The department deals with business houses, companies, dealers, Chartered Accountants, Cost accountants, Lawyers, tax practitioners, transporters, truckers, multiple stakeholders and people. As there are lakhs of stakeholders dealt by the officers in the field and various […]

Sunset Review of anti-dumping investigation on Methylene Chloride import

November 22, 2018 966 Views 0 comment Print

Sunset Review of anti-dumping investigation on the imports of “Methylene Chloride” originating in or exported from the European Union and the United States.

Additions u/s 68 merely for not producing directors of investment companies is not sustainable

November 22, 2018 1104 Views 0 comment Print

Whether Additions u/s 68 merely on the ground that the assessee could not produce the directors of the share subscribing companies is sustainable.

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