Issues related to levy of service tax on the services provided by a person located in non-taxable territory to a person located in non-taxable territory by way of transportation of goods by a vessel from a place outside India to the customs station in India
Clause 7 of SEBI (IFSC) Guidelines, 2015 specifies the types of securities in which dealing may be permitted by stock exchanges operating in IFSC.
As you are aware the Authority has issued amendments to the Point of Salesperson (POS) guidelines on 16.03.2017. wherein an insurer or insurance intermediary proposing to engage the POS person shall ensure that the applicant is not engaged as POS with any other insurer or insurance intermediary by cross checking with the database housed in IIB.
Clarification regarding liability to income-tax in India for a non-resident seafarer receiving remuneration in NRE (Non Resident External) account maintained with an Indian Bank.
It will be mandatory for all pensioners of the EPS’ 1995 who are desirous of continuing the benefits of the said scheme to furnish their Jeevan Pramaan/Life Certificate by 30.04.2017.
Circular on Filing of online application for Insurance Self Networking Platform (ISNP) as per IRDAI’s Guidelines on insurance e-commerce dated 9th March. 2017
Kind reference is invited to CBEC Circular No.’s 13/2005-Customs, dated 11-3-2005 & Circular No. 44/2005-Cus., dated 24-11-2005 on the above subject.
Vide the above circular, it was clarified that in case raw materials/ capital goods etc., procured from indigenous sources by EOUs/EPZ/SEZ/EHTP/STP units are transferred/ sold back to DTA except for the purpose of replacement, the deemed export benefits already availed of against such goods shall be required to be refunded back and that the export benefits shall be deposited through TR in the designated bank.
Changes in the rate of tax, extension to exempted commodities & changes in taxation of liquor under the Maharashtra Value Added Tax Act, 2002 vide Trade Cir. 10T of 2017 Mumbai Dt: 06/04/2017
It has been observed, of late, that some of the dealers esp. a majority of those who have been granted Registration Certificate provisionally i.e. whose credentials are yet to be fully established, are found engaged in downloading of higher amount of Statutory Forms by showing inter-state transactions.
