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Anti-dumping duty on Uncoated Copier Paper from Indonesia, Thailand & Singapore

December 13, 2018 672 Views 0 comment Print

Seeks to levy definitive anti-dumping duty on the imports of  Uncoated Copier Paper  originating in or exported from Indonesia, Thailand and Singapore vide Notification No. 57/2018-Customs (ADD). MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 13th December, 2018 Notification No. 57/2018-Customs (ADD) G.S.R. 1203(E).—Whereas, in the matter of import of ‘Zeolite 4A’ [Detergent grade] (hereinafter […]

Measuring Financial Capability of the Street Vendors

December 13, 2018 654 Views 0 comment Print

Reserve Bank of India today placed on its website a Working Paper titled Measuring Financial Capability of the Street Vendors under the Reserve Bank of India Working Paper Series*. The Paper is authored by D.V. Ramana and Silu Muduli.

Cenvat reversal on inputs cleared as such FIFO system to be followed

December 13, 2018 342 Views 0 comment Print

In a case involving removal of inputs as such, CESTAT Ahmedabad has held that first-in first-out (FIFO) system must be applied and removal of inputs from the old stock of a manufacturer must be considered. t noted that that the quantity removed from time to time was carried forward from the old stock and the stock balance of the input was much more than the quantity cleared.

Reg. Temporary Import / export of exhibits, including construction & decorative materials

December 12, 2018 780 Views 0 comment Print

Import / export of exhibits, including the construction and decorative materials, except items in the ‘Prohibited’ or SCOMET List, required for the temporary stands of foreign / Indian exhibitors at exhibitions, fair or similar show or display for a period of six months on re-export / re-import basis, shall be allowed without an Authorisation on submission of a bond / security to Customs or ATA Carnet.

Deduction U/s. 54F can be claimed against Gain on Multiple Assets in Multiple Years

December 12, 2018 15354 Views 1 comment Print

Shri Pankaj Chimanlal Patel (HUF) Vs DCIT (ITAT Ahmedabad) The essential controversy in the instant case is whether deduction under 54F of the Act is available in respect of capital gains arising from sale of more than one long term capital assets, not being residential house (original asset) against the construction or purchase of one […]

Service Tax on Sale of Media Rights of IPL Matches by BCCI

December 10, 2018 2448 Views 0 comment Print

BCCI Vs Commissioner of Service Tax (CESTAT Mumbai) it is undisputedly admitted that appellants have provided the program feed to the M/s MSM Singapore at the venue of match which is in India and not outside. The programme feed as provided by the appellant, is encrypted and then uplinked by the said M/s MSM/ WSG […]

How to view and Download Additional GST Notice and Order

December 9, 2018 23205 Views 2 comments Print

FAQs on View/ Download Additional GST Notices and Demand Orders Q.1. Can I view additional orders/notices without login on the GST Portal? Ans. No, you cannot view additional orders/notices without login on the GST Portal. Q.2. On the GST Portal, where from can I view additional orders/notices ? Ans. After login, navigate to Dashboard > Services > User Services > View Additional Notices/Orders option. Q.3. […]

How to pay GST liability declared on voluntary basis (Form GST DRC-03)

December 9, 2018 35646 Views 0 comment Print

How can I make payment against GST liability (tax, interest, penalty and others) based on self-ascertainment of tax before issuance of SCN or within 30 days of SCN under determination of tax?

Hindi lexicon for all GST related words and phrases

December 8, 2018 2502 Views 0 comment Print

This lexicon has been constructed by first compiling all legal terms from the English versions of GST Acts and Rules by us and then taking the help of three of our inspectors who are native Hindi speakers in finding out the equivalent Hindi terminologies from the Hindi versions of these Acts and Rules published in the Gazette of India .

Non reduction of Chocolate price after GST Rate reduction is Profiteering: NAA

December 7, 2018 4950 Views 0 comment Print

Respondent had not reduced the prices of 2 products viz. the Nestle Munch Nuts 32 Gm. Chocolate and the Cadbury Dairy Milk Chocolate (here-in-after referred to as the products) and had thus not passed on the benefit of such rate reduction

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