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Instructions

Applicability of provisions of Customs Act to Cruise Tourism-reg

October 4, 2018 1536 Views 0 comment Print

Ministry of Shipping has taken initiative to promote Cruise Tourism Industry in India. In meetings held in Shipping Ministry, various issues related to Cruise Tourism were discussed. Also, Cruise Companies have sought clarifications with regard to applicability of Customs provisions.

CBDT notifies CIT(A) for respective CCA regions under Black Money Law

October 1, 2018 1656 Views 0 comment Print

Notification in respect of assigning jurisdiction to Commissioner (Appeals) under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (BM Act)- reg.

Constitution of High level Committee on Corporate Social responsibility -2018

September 28, 2018 1428 Views 2 comments Print

High Level Committee on Corporate Social Responsibility — 2018 (HLC-2018) is hereby constituted under the Chairmanship of Shri. Injeti Srinivas, Secretary, Ministry of Corporate Affairs (MCA) to review the existing framework and guide and formulate the roadmap for a coherent policy on CSR. The composition of the Committee:

Directions for forwarding pending survey /verification report- Reg.

September 19, 2018 1251 Views 0 comment Print

Vide Instruction No. 4/2018 dated 20.08.2018 issued in file of even no., CBDT has laid down Guidelines for selection of scrutiny cases during the financial-year 2018-19.

E- Assessment: 167 Income Tax offices have Bandwidth Constraint

September 17, 2018 1614 Views 2 comments Print

As per the list provided by Directorate Of Income Tax (Systems) 167 Income Tax buildings across the couyntry have limited bandwidth and rest of the buildings are ready for Income Tax e-assessment proceedings.

CBIC withdraws instruction on Safeguard duty on Solar cells

September 13, 2018 1029 Views 0 comment Print

Vide notification No. 1/2018-Customs (SG), dated 30th July, 2018, safeguard duty has been imposed on Solar cells whether or not assembled in modules or panels falling under sub-heading 8541 or tariff item 8541 40 11 of the Customs Tariff Act, 1975 at specified rates for a period of two years.

Measures to ensure compliance to GST by taxpayers/contractors/suppliers

September 11, 2018 1449 Views 0 comment Print

The Concerned Authorities shall obtain a copy of Application Reference Number(ARN) generated on GST common Portal www.qst.qov.in by the Taxpayer after filing his latest return which was due as per GST Law

Setting up of Office of Commissioner (GST- Investigation) under CBIC

September 10, 2018 2676 Views 0 comment Print

I am directed to inform that a new post of the Commissioner (GST- Investigation) was created during recent re-organisation of Directorates and field formations. The Commissioner (GST-Investigation) shall be reporting to Member (GST- Investigation) in the Board.

Reverse Input Tax Credit on goods destroyed in Floods: Blow to Kerala Taxpayers

September 1, 2018 12078 Views 0 comment Print

Deputy Commissioner, State GST Department, Mattancherry, has issued the following instructions to their departmental officers by which it has instructed that in case Input Tax Credit is not reversed on Goods lost, stolen, destroyed written off or disposed of by way of gift or free samples due to Recent Kerala Floods , the proper officer […]

New system will allow taxpayers to amend their GST Returns

August 31, 2018 2010 Views 1 comment Print

On the GST front, four Amendment Acts have been notified. These aim at reducing the compliance burden and enhance the ease of doing business. One of the most important features is that they facilitate the new system of return filing approved by the GST Council and will allow taxpayers to amend their tax returns in […]

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