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Distribution of GST Provisional Id and Access Token of Phase 7 dealers

July 7, 2017 1266 Views 0 comment Print

Provisional Ids and Access Token of Phase 7 dealers, are now made available by GSTN Dealer can obtain their Provisional Ids from department’s portal www.mahavat.gov.in, using their login credentials. The list of all such dealers is published under “What’s New” Section on MSTD’s portal. For Phase 7, dealers registered up to 30-06-2017, RC restoration and PAN amendment cases up to 30-06-2017 are considered.

Issuance of ODIs, with derivative as underlying, by ODI issuing FPIs

July 7, 2017 783 Views 0 comment Print

The ODI issuing FPIs shall not be allowed to issue ODIs with derivative as underlying, with the exception of those derivative positions that are taken by the ODI issuing FPI for hedging the equity shares held by it, on a one to one basis.

Guidelines for online issuance of GST permit and Transit Passes, etc. for facilitating movement of goods

July 7, 2017 4899 Views 1 comment Print

Whereas in pursuance of provision of section 68 of the Assam Goods and Services Tax Act, 2017 read with the provision of rule 138 of the Assam Goods and Services Tax Rules, 2017, the Government of Assam has approved the following electronically obtained documents required to be carried by a person in-charge of a conveyance

Revised rates of Rebate of State Levies on Export of Garments and textile made-up articles w.e.f. 01.07.2017 –regarding

July 6, 2017 2604 Views 0 comment Print

These revised rates on garment and textile made-up exports under ROSL Scheme are applicable to exports with Let Export Order dates from 1.7.2017 on wards. The EDI implementation of the revised ROSL Scheme rates has been completed by the Systems Directorate.

Sovereign Gold Bonds, 2017-18 – Series II – Operational Guidelines

July 6, 2017 1071 Views 0 comment Print

This has reference to the GoI notification F.No.4(20)-B/(W&M)/2017 and RBI circular IDMD.CDD.No.28/14.04.050/2017-18 dated July 06, 2017 on the Sovereign Gold Bonds, 2017-18-Series II. FAQs in this regard have been placed on our website (www.rbi.org.in).

Setting up GST Guidance Cell for resolving queries / difficulties

July 6, 2017 1926 Views 1 comment Print

The GST Act has come into force from 1′ July 2017. To provide assistance to dealers for filling online application for Registration, filling online Returns etc. location wise dedicated help desks have already been set up and contact details have been published on the Maharashtra GST Department’s web site.

Online Filing System for Foreign Venture Capital Investors

July 6, 2017 1179 Views 0 comment Print

ll applicants desirous of seeking registration as a FVCI are now required to submit their applications online only, through SEBI Intermediary Portal at https://siportal.sebi.gov.in.

ATTENTION! Tobacco Product Manufacturers, Distributors & Retailers!

July 5, 2017 1827 Views 0 comment Print

As per the Rules, during the rotation period of twenty four months, two images of specified health warning as notified in the Schedule, shall be displayed on all tobacco product packages and each of the image shall appear consecutively on the package with an interregnum period of 12 months.

Revised Limit for Investments by FPIs in Govt Securities for July – September 2017

July 4, 2017 780 Views 0 comment Print

RBI in its Fourth Bi-monthly Policy Statement for the year 2015-16, dated September 29, 2015 had announced a Medium Term Framework (MTF) for FPI limits in Government securities in consultation with the Government of India.

Investment by FPI in Govt Securities Medium Term Framework Review

July 3, 2017 978 Views 0 comment Print

Currently ‘long term’ category of FPI investors accounts for about 20% of the total investment by FPIs in Central Government securities. In order to recalibrate the Framework to meet the objective of a preference for long-term investors and also with a view to manage the macro-prudential implications of evolving capital flows, the MTF has been reviewed. Based on the review, the following modifications are made to the Framework.

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