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Salary reimbursement cannot be disallowed for Non-Deduction of TDS

April 3, 2019 2319 Views 0 comment Print

Pr. CIT Vs. M/s ITD Cemindia JV (Bombay High Court) The employees and personnel deputed by the company giving such workers on loan to the assessee company continued to be the employer, the assessee merely reimbursed the expenditure in terms of salary structure of the employees to the employer company. There was, therefore, no question […]

No Anti-Profiteering if base price remained same even after tax reduction

April 3, 2019 846 Views 0 comment Print

Kerala State Screening Committee on Anti-Profiteering Vs Ms. Rosata Vitrified Pvt. Ltd. (National Anti-Profiteering Authority) It was from the Invoices submitted clear that the base price of the product Vitrified Tiles Super Nano Plus (HSN Code 69072100) per box was Rs. 294.50 prior to 15.11.2017 and had remained the same even after GST rate reduction […]

Imports of Maize (feed grade) under TRQ Scheme for 2018-19

April 3, 2019 2124 Views 0 comment Print

(a) Import of 1 lakh MT of feed-grade Maize (corn) under TRQ is allowed.(b) Applications invited from STEs for import of feed-grade Maize (corn) under the TRQ scheme @ 15% Customs duty and meant only for Actual Users. Import for trading purpose is not allowed.

8% Interest on Deposit under non-government PF, superannuation & gratuity

April 3, 2019 2601 Views 0 comment Print

Govt notifies 8% interest rate on Deposit made under non-government PF, superannuation and gratuity w.e.f. 1st April, 2019. MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 3rd April, 2019 No. 5(2)-B(PD)/2019.—Itis hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the […]

Attendance of jurisdictional officer for hearing of Advance Ruling

April 3, 2019 1734 Views 0 comment Print

Written submissions made by the concerned Officer /jurisdictional officer shall be approved by the jurisdictional Commissioner of Central Tax in case of CGST and Joint Commissioner of State Tax in case of SGST.

Initiation of Anti-dumping investigation on imports of Aluminium & Zinc coated flat products

April 2, 2019 1260 Views 0 comment Print

Initiation of Anti-dumping investigation on the imports of Aluminium and Zinc coated flat products originating in or exported from China PR, Vietnam and Korea RP.

Handling of Cargo in Customs Areas (Amendment) Regulations, 2019

April 1, 2019 8205 Views 0 comment Print

Handling of Cargo in Customs Areas (Amendment) Regulations, 2019 shall come into force on the date of their publication in the Official Gazette.

CBIC notifies Denotification of ICD Kheda

April 1, 2019 1365 Views 0 comment Print

Notification No. 28/2019-Customs (N.T.)- CBIC, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.12/97-Customs (N.T.), G.S.R. No. 193(E), dated the 2nd April, 1997

Limiting Customer Liability for Unauthorised Electronic Payment Transactions in PPIs

March 31, 2019 690 Views 0 comment Print

What is purpose of prescribing a framework for Limiting Liability of Customers for Unauthorised Electronic Payment Transactions in Prepaid Payment Instruments (PPIs) issued by Authorised Non-banks?

Profession Tax, MVAT & CST Registration through MAITRI Portal

March 31, 2019 6579 Views 0 comment Print

Now Applicants can also apply for registration under PT Act or MVAT Act or CST Act or all on the MAITRI Portal. This is the step towards a Single Window System for all necessary registrations required for doing business in the State of Maharashtra.

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