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Govt notifies Permissible International Exchange Jurisdictions under PMLA

November 28, 2019 5661 Views 1 comment Print

Central Government notifies the following jurisdictions under Prevention of Money-laundering Law- (i) United States of America (ii) Japan (iii) South Korea (iv) United Kingdom excluding British Overseas Territories (v) France (vi) Germany (vii) Canada and (viii) International Financial Services Centre in India. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 28th November, 2019 […]

Notification No. 64/2019-Customs (N.T./CAA/DRI), Dated: 28.11.2019

November 28, 2019 495 Views 0 comment Print

Notification No. 64/2019-Customs (N.T./CAA/DRI), Dated: 28.11.2019- Appointment of CAA by DGRI – reg. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 64/2019-Customs (N.T./CAA/DRI) New Delhi, dated the 28th November 2019 S.O. 4300(E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number […]

Steps taken by Government for growth of TV Industry in India

November 28, 2019 1512 Views 0 comment Print

Government has removed 5% Basic Custom Duty (BCD) on open cell (15.6 and above) for use in the manufacture of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV Panels vide Notification No. 30/2019-Customs dated 17.09.2019, till September 2020.

Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 – Amendment

November 28, 2019 1182 Views 0 comment Print

These Directions shall be called as the Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 and shall supersede all other directions issued on the subject and covered by these regulations.

No Service Tax on ‘Allowed Loss and Consumption’ of LNG during regasification

November 28, 2019 1503 Views 0 comment Print

Petronet LNG Limited Vs Principal Commissioner of Service Tax (CESTAT Delhi) The Appellant regasifies Liquefied Natural Gas owned by customers in terms of Agreements which also contain a clause relating to “allowed loss and consumption” under which a certain percentage of LNG made available to the Appellant by the customers is understood to be lost/consumed […]

All about Online Upload /Download of Form GST ANX-1 JSON File

November 27, 2019 21153 Views 0 comment Print

Article explains how to To upload the generated JSON file from the New Return Offline Tool on the GST Portal, Why one need to upload the JSON file into the GST Portal, How to upload the generated JSON file from the New Return Offline Tool, Why do I need to download the JSON file from […]

IRDAI Exposure Draft – Revisiting product structure for Motor Own Damage

November 27, 2019 873 Views 0 comment Print

Currently, the wordings, terms and conditions in respect of the basic policy for Motor Own Damage cover are driven by the erstwhile India Motor Tariff, 2000. However, insurers have been permitted to sell add-ons to the basic cover within the framework provided under the extant Product Filing Guidelines for General Insurance.

Notification No. 99/2019-Income Tax Dated: 27th November 2019

November 27, 2019 1977 Views 0 comment Print

Notification No. 99/2019-Income Tax- CBDT notifies that the organization M/s International Centre for Research in Agroforestry, South Asia Regional Programme, NASC Complex, Delhi (ICRAF) (PAN:-AATI4803K) has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (said Act), read with Rules 5C […]

Guidelines for preferential issue / institutional placement of units by InvIT

November 27, 2019 1320 Views 0 comment Print

Guidelines for preferential issue of units and institutional placement of units by a listed Infrastructure Investment Trust (InvIT)- A listed InvIT may make a preferential issue of units or institutional placement of units under these guidelines, if it satisfies the following conditions:

Due date of filing GSTR-3B for J&K registered persons (Oct 19)

November 26, 2019 2382 Views 0 comment Print

CBIC extends due date for furnishing of return in FORM GSTR-3B for registered persons in Jammu and Kashmir for the month of October, 2019 Notification No. 61/2019 – Central Tax dated 26th November, 2019. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 61/2019 – Central […]

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