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CBIC Clarifies GST Return due date extension and related issues

April 3, 2020 71313 Views 4 comments Print

CBIC Clarification in respect of various measures announced by the Government for providing relief to the GST taxpayers in view of spread of Novel Corona Virus (COVID-19) vide Circular No. 136/06/2020-GST dated 3rd April, 2020. Circular No. 136/06/2020-GST CBEC-20/06/04-2020 -GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and […]

Form 15G & 15H submitted for FY 2019-20 would be valid up to 30.06.2020

April 3, 2020 14403 Views 8 comments Print

To mitigate the hardships of small taxpayers, it has been decided that if a person had submitted valid Forms 15G and 15H to the Banks or other institutions for F.Y. 2019-20, then these Forms would be valid up to 30.06.2020. This will safeguard the small tax payers against TDS where there is no tax liability […]

Lower/nil rate of TDS/TCS applications to be disposed liberally by 27.04.2020

April 3, 2020 6012 Views 1 comment Print

In case of pending applications for lower/nil rate of TDS/TCS for F.Y. 2019-20, the Assessing Officers have been directed to dispose off the applications through a liberal procedure by 27.04.2020, so that the taxpayers may not have to pay extra tax which may cause liquidity issues to them. F. No. 275/25/2020-IT(B) Government of India Ministry […]

Rupee Drawing Arrangement – Remittance to PM-CARES Fund

April 3, 2020 1089 Views 0 comment Print

RBI permitted receipt of foreign inward remittances from non-residents through non-resident exchange houses in favour of the ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fund’,subject to the condition that AD Cat-I banks shall directly credit the remittances to the Fund and maintain the full details of the remitters.

Facilitation to AEO-T1 importers due to COVID-19 pandemic

April 2, 2020 870 Views 0 comment Print

OFFICE OF THE COMMISSIONER OF CUSTOMS (NS-III) JAWAHARLAL NEHRU CUSTOM HOUSE, DPD CELL, NHAVA SHEVA, TALUKA-URAN, DIST-RAIGAD, MAHARASTRA, PIN-400707 F. No. S/22-Gen-42812017-18/DPD Cell Date: 02.04.2020 PUBLIC NOTICE NO. 40/2020-JNCH DIN- 20200478NV00006C8087 SUB:- Scanning of containers selected for scanning – facilitation provided to AEO-T1 importers due to COVID-19 pandemic— reg. Attention of all Importers, General Trade, […]

Premium payment for renewal of Health Insurance policies during lockdown

April 2, 2020 1059 Views 0 comment Print

Insurance Regulatory and Development Authority Circular Ref. No:IRDAI/HLT/CIR/MISC/078/04/2020 Date:02-04-2020 Premium payment for renewal of Health Insurance policies falling due during the lockdown period (25th March, 2020 to 14th April, 2020) as a result of COVID 19 situation ALL STAND-ALONE HEALTH INSURERS AND GENERAL INSURERS (OTHER THAN ECGC AND AIC) The Department of Financial Services, Government […]

Premium payment for renewal of Motor Third Party Insurance policies during Lockdown

April 2, 2020 843 Views 0 comment Print

Premium payment for renewal of Motor Third Party Insurance policies falling due during the lockdown period (25th March, 2020 to 14th April, 2020) as a result of COVID 19 situation

Registration & self certification of goods under EUGSP- Reg.

April 2, 2020 963 Views 0 comment Print

Acceptance of scanned copies of pre-registration application and other documents by Local Users for REG under the European Union’s Generalised System of Preferences (EUGSP)

MAHARERA: Revision of Project Registration Validity and Extended Timeline for Statutory Compliances

April 2, 2020 2565 Views 0 comment Print

For all MahaRERA Registered projects where completion date, revised completion date or extended completion date expires on or after 15th March 2020, the period of validity for registration of such projects shall be extended by three months. MahaRERA shall accordingly issue project registration certificates, with revised timelines for such projects, at the earliest.

PMLA- KYC- Small account to remain operational till June 30, 2020

April 1, 2020 1278 Views 1 comment Print

Amendment to the PML Rules, Master Direction on KYC- Notwithstanding anything contained in clauses (e) and (f) above, the small account shall remain operational between April 1, 2020 and June 30, 2020 and such other periods as may be notified by the Central Government.

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