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Circulars

EPFO declares interest Rate on EPF for the year 2017-18

May 25, 2018 3444 Views 1 comment Print

The Ministry of Labour and Employment, Government of India, has conveyed the approval of the Central Government under Para 60(1) of Employees’ Provident Funds Scheme, 1952 to credit interest @ 8.55% for the year 2017-18 to the account of each member of the EPF Scheme as per the provisions under Para 60 of EPF Scheme, 1952.

Segregated Nominee Account Structure in IFSC

May 24, 2018 1341 Views 0 comment Print

SEBI permits Segregated Nominee Account Structure in IFSC wherein orders of foreign investors may be routed through eligible Segregated Nominee Account Providers, for trading on stock exchanges in IFSC while adhering to regulatory requirements, inter alia, relating to identification of end-client, Unique Client Code, order placement at client level, client level margining and position limits.

Reg. ADM Relief for Un-registered period to dealers who obtained Registration late

May 24, 2018 16668 Views 0 comment Print

Earlier, the application for ADM Relief was required to be made manually to the concerned Joint Commissioner. After receipt of the application, consideration of the facts as also the report in this behalf, obtained from the Nodal Officer concerned, the request for ADM Relief was either rejected or granted.

Clarification on term ‘Duty’ under Sl. No. 3 of Appendix 3A of FTP 2015-2020

May 23, 2018 1704 Views 1 comment Print

It is clarified that the term Duty used in respect of the items listed in Appendix 3A is to be read as Basic Customs duties only and not all Customs duties (including BCD=SAD/IGST)

Service Providers (and not Ports) are eligible for SFIS/SFIS benefit

May 22, 2018 2079 Views 0 comment Print

DGFT clarifies whether the actual service providers rendering the eligible services should be entitled for the SFIS/SEIS benefits or the aggregator of services (Ports).

Clearing Corporations in IFSC can invest own funds in AAA rated Foreign Sovereign Securities

May 21, 2018 429 Views 0 comment Print

Upon review of investment instruments/avenues available for Clearing Corporations in IFSC and based on the feedback received, it has been decided to permit the Clearing Corporations in IFSC to invest their own funds in AAA rated Foreign Sovereign Securities.

Late fee for delayed filing of PTRC returns in Maharashtra waived

May 21, 2018 127818 Views 1 comment Print

Maharashtra Government exempts whole of the late fee payable by the registered employer, in respect of the monthly or annual PTRC returns pertaining to the periods April 2016 to June 2018 is being exempted, subject to the fulfillment of eligibility condition.

Report Date Wise GST Refund Claimed / Sanctioned: Kerala Govt.

May 18, 2018 993 Views 0 comment Print

In order to effectively monitor the issue of refund claims in GST and its disposal by each States, GSTN has developed a web based tool for which the data for the State has to be entered from the Headquarters. Date wise data collected from each districts has to be consolidated by the Nodal Officer in the Headquarters and the details has to be entered in the tool at the end of each working day. For this purpose 3 proformas are prepared for collecting the data from the districts which are attached as Annexures.

CODS, 2018- Where petitions have already been filed before NCLT

May 17, 2018 1749 Views 0 comment Print

It, is therefore, hereby directed that in such cases the Registrar(s) of Companies shall raise a ticket through Change Requirement Form (CRF) on MCA21 portal along with copy of NCLT order and E-governance shall activate DIN of the directors, such struck off companies that have been revived through NCLT to file e-CODS, 2018.

CBIC List of 27 Outside Laboratories for Forwarding of samples for testing

May 17, 2018 5229 Views 0 comment Print

I am directed to refer to the Board Circular No. 43/2017-Customs dated 16th November, 2017 on the subject above cited wherein a list of items and corresponding testing laboratories was annexed where samples could be tested from the identified list. 2. In addition to the existing list of laboratories provided in Annexure to abovementioned Circular, CRCL has identified some more entities annexed herewith as Annexure, where the samples could be tested.

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