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Distribution of GST Provisional Id & Access Token of Phase 9 dealers

August 11, 2017 1749 Views 0 comment Print

Provisional Ids and Access Token of Phase 9 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 GST Tab on Mahavat portal.

SEBI (International Financial Services Centres) Guidelines, 2015-Liquidity Enhancement Scheme.

August 10, 2017 1041 Views 0 comment Print

It has been decided to grant an exemption to stock exchanges at IFSC from complying with clause 5.1 and 5.2 of SEBI circular dated April 23, 2014 subject to the condition that the exchange would create a reserve specifically to meet Liquidity Enhancement Schemes (LES) incentives/expenses based on the normative study of the LES in the domestic market and such reserves would not be included in the net worth calculation.

Continuation of pre-GST rates of RoSL till 30.9.2017 for Export of Garments & textile articles

August 9, 2017 2211 Views 0 comment Print

Continuation of pre-GST rates of Rebate of State Levies (RoSL) for transition period of three months i.e. 1.7.2017 to 30.9.2017 for Export of Garments and textile made-up articles.

Modification to Guidelines on Point of Sales (POS) – Life Insurance

August 8, 2017 1650 Views 0 comment Print

Annexure –I (a) – Pure Term Insurance Product with or without return of Premium wherein the maximum Limit of Sum Assured under the Pure Term Product was capped up to Rs 25 Lakhs (excluding ADB Rider) Only

Guidelines regarding cross checking of Input Tax Credit (ITC)

August 7, 2017 10305 Views 0 comment Print

During the service cell meeting dated 15th July 2017, some of the dealers and sales tax practitioners had brought to my notice that in cases of issue based case where there is mismatch of J2111, the officers insist for the ledger confirmations for the mis-match of small amounts which causes the great hardship to the trade and most of the time these mis-matches are on technical ground.

Disclose Loan default within one working day: SEBI to listed Companies

August 4, 2017 2094 Views 0 comment Print

Listed entities shall make disclosures within one working day from the date of default at the first instance of default in the format specified in Clause C1 below.

Submission of Aadhaar as identity document by members of EPS, 1995

August 4, 2017 1173 Views 0 comment Print

It is informed that Aadhaar No. would not be mandatory for International Workers as well as workers from Nepal and Bhutan. Further, submission of Aadhaar will be optional upto 30th September 2017 for those members who already have UAN prior to 1st July 2017 and has to go for re-registration.

MVAT: Refunds of security deposit given at the time of Voluntary Registration

August 3, 2017 54243 Views 17 comments Print

The person applying for voluntary registration has to deposit an amount of Rs. 25000/- by way of security deposit at the time of registration as per the proviso to section 16(2) of the Maharashtra Value Added Tax Act, 2002. Such deposit is not liable for adjustment against tax payable as per return or towards any other liability under MVAT Act, 2002. The person applying for voluntary registration has to deposit an amount of Rs. 25000/- by way of security deposit at the time of registration as per the proviso to section 16(2) of the Maharashtra Value Added Tax Act, 2002.

Delhai VAT: Disposal of pending Form DVAT 04 & DVAT 07 applications

August 3, 2017 1182 Views 0 comment Print

It has, however, come to the notice that some of the ward Incharges have still not disposed off their pendency of Form DVAT 04 & Form DVAT 07 applications, relating to Registration and amendments respectively.

‘Telematics’ and role it can play in Motor Insurance

August 3, 2017 2541 Views 0 comment Print

The world of technology is dynamic. Technology constantly makes waves in every field and the insurance industry too has benefitted immensely from the advantages technology offers. In this paper, we restrict ourselves to the concept of ‘Telematics’ and the role it can play in Motor Insurance.

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