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Central Excise duty exemption against scrips issued under RoSCTL scheme and additional ad-hoc incentive for apparel and made-ups sector

February 14, 2020 2037 Views 0 comment Print

Notification regarding exemption of duties of Central Excise against scrips issued under the RoSCTL scheme and additional ad-hoc incentive for apparel and made-ups sector. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 1/2020–Central Excise New Delhi, the 14th February, 2020 G.S.R. 117(E).– In exercise of the powers conferred by sub-section (1) of […]

MIP not applicable on Import of Cashew Kernels for SEZ/EoU units

February 14, 2020 744 Views 0 comment Print

It is clarified that MIP on Cashew Kernels (HS codes 0801 3210 and 0801 3220) is not applicable for imports by 100% Export Oriented Units (EOUs) and units in the SEZs.

Nidhi (Second Amendment) Rules, 2020

February 14, 2020 2676 Views 0 comment Print

Nidhi (Second Amendment) Rules, 2020- In the Nidhi Rules, 2014, in rule 23A, for the words six months the words nine months shall be substituted.

Tender for Appointment of GST Auditor with BHEL

February 13, 2020 1605 Views 0 comment Print

Invitation Of Applications For Appointment Of GST Auditor For Financial Year 2018-19 by Bharat Heavy Electricals Limited (BHEL)

E-Invoice System User Manual–Bulk E-invoice Generation Tool

February 13, 2020 18798 Views 3 comments Print

The GST Council has approved introduction of ‘E-invoicing’ or ‘electronic invoicing’ in a phased manner for reporting of business to business (B2B) invoices to GST System, starting from 1st January 2020 on voluntary basis.

The Market Update: Growth-Inflation mix deteriorates

February 13, 2020 621 Views 0 comment Print

The inflation print for January jumped up to 7.6% while Industrial production contracted by -0.3% in December 2019. The inflation spike was driven by higher food prices, rise in medicine and telecom prices and an unfavorable base effect. We expect the January print to be the peak as onions prices have started cooling off in recent days and the sequential momentum in food is slowing down.

Vacancies for Chartered Accountants with South Indian Bank

February 13, 2020 2670 Views 0 comment Print

The South Indian Bank Ltd., a Premier Commercial Bank in India, invites applications from Indian Nationals for the post of Probationary Manager (CA) in Scale II cadre.

IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2020

February 12, 2020 1047 Views 0 comment Print

1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Banning of Unregulated Deposit Schemes Rules, 2020

February 12, 2020 8901 Views 0 comment Print

(1) These rules may be called the Banning of Unregulated Deposit Schemes Rules, 2020. (2) These rules shall come into force on the date of their publication in the Official Gazette.

ITC cannot be denied on the ground of technical glitches: Gujarat HC

February 12, 2020 2463 Views 0 comment Print

Deendayal Port Trust Vs Union of India (Gujarat High Court) On one hand, when the ACES Portal did not permit the petitioner to file revised return for the second time due to which the claim of ITC to the tune of Rs.99,46,810/­ was not reflected in the last return in Form ST­3 filed by the […]

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