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IBBI (Information Utilities) (Amendment) Regulations, 2019

July 25, 2019 1746 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Information Utilities) (Amendment) Regulations, 2019. They shall come into force on the date of their publication in the Official Gazette.

ITC on supply for in-house hospital providing free medical facilities to employees

July 25, 2019 5907 Views 0 comment Print

In re M/s. Chennai Port Trust (GST AAR Tamilnadu) The applicant is not entitled to take credit of input tax charged on the inward supply of medical, diagnostic equipment, apparatus, instruments, consumables, disposables, spares and repairing services for these, which are used to provide medical facilities to the employees, pensioners and dependents in the in-house […]

No ITC on supply of medicines used to provide medical facilities to employees in the in-house hospital

July 25, 2019 22770 Views 0 comment Print

The applicant is not entitled to take credit of input tax charged on the inward supply of medicines which are used to provide medical facilities to the employees, pensioners and dependants in the in-house hospital.

GST rate on mixture of flour, pulses, grams & cereals: AAR allows withdrawal of Application

July 25, 2019 4428 Views 0 comment Print

In re M/s. S.P. Jeyapragasam (HUF) (GST AAR Tamilnadu) The Applicant has preferred an application seeking Advance Ruling  asking Applicable GST rate on the mixture of flour, pulses, grams, and cereals. The applicant in their undated memo received by AAAR on 17th July 2019 submitted that they are not willing to proceed further in the […]

HSN Code for fruit beverages or drinks- AAR allows withdrawal of Application

July 25, 2019 6156 Views 0 comment Print

In re M/ s. S.P. Jeyapragasam(HUF) (GST AAR Tamilnadu) Applicant seek ruling on following grounds-  1. What is the rate of tax and HSN Code for fruit beverages or drinks with HSN Code? 2. The definition under the FSSAI Act in section 2.3.3.A can be taken as an aid to classify the product? If so […]

SEBI (Prohibition of Insider Trading) (Second Amendment) Regulations, 2019

July 25, 2019 3342 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Prohibition of Insider Trading) (Second Amendment) Regulations, 2019. They shall come into force on the date of their publication in the Official Gazette.

MCA Notification on Jurisdiction of ROC Guwahati

July 25, 2019 1257 Views 0 comment Print

Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Corporate Affairs, published vide number G.S.R 832(E), dated the 3rd November, 2015 namely:-

Achievement of Goal of US$ 5 Trillion Economy

July 25, 2019 546 Views 0 comment Print

The Economic Survey 2018-19 and the Union Budget 2019-20 have indicated the government’s goal of making India a US$ 5 trillion economy by 2024-25. To achieve this goal, the economy needs to grow at high and robust rate.

Tax on goods exported earlier for exhibition purpose/consignment & applicability of Notification No. 45/2017-Customs

July 24, 2019 4713 Views 0 comment Print

Representations have been received for clarifying the issue of applicability of Notification no. 45/2017-Customs on the re-import of goods which had been earlier exported either for participation in exhibition or on consignment basis.

CBDT Chairman’s message on 159th Income Tax Day

July 24, 2019 1011 Views 0 comment Print

On this 159th Income Tax Day, I extend my best wishes to each and every member of the Aaykar Parivar and their families. I feel honoured leading such a glorious and professional service, made even more special by the untiring contribution of each and every employee of the Department.

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