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Tariff Notification No. 04/2020-Customs (N.T.) dated 15.01.2020

January 15, 2020 1149 Views 0 comment Print

Tariff Notification No. 04/2020-CUSTOMS (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seed, Areca nut, Gold & Silver – reg Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 04/2020-CUSTOMS (N.T.) New Delhi, 15th January, 2020 25 Pausha, 1941 (SAKA) […]

Notification of Ghasuapara LCS for imports

January 15, 2020 879 Views 0 comment Print

Notification No. 03/2020- Customs (N.T.)- Notification of Ghasuapara LCS for imports also by amendment of Notification No. 63/1994-Customs dated 21st November 1994 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 03/2020- Customs (N.T.) New Delhi, the 15th January, 2020 25 Pausha, Saka 1941 S.O.123(E).– In exercise of the powers conferred by clauses […]

RBI further Enhances Security of Card Transactions

January 15, 2020 1203 Views 0 comment Print

Over the years, the volume and value of transactions made through cards have increased manifold. To improve user convenience and increase the security of card transactions, it has been decided as under:

Roll out of facility to provide access of ‘Closed Assessment Proceedings’

January 14, 2020 1296 Views 0 comment Print

It is informed that for the purpose of carrying out Revenue Audit of the cases completed in e-proceeding mode, the facility to access ‘Closed Assessment Proceedings’ is now made available for AO Staff user in Income Tax Business Application w.e.f. 14/01/2020.

Providing access of e-assessment records to Revenue Audit Party – reg

January 14, 2020 2883 Views 0 comment Print

It has been decided that till the time customized functionality to provide access to RAPs is developed, the staff/inspectors posted with assessing officers shall facilitate RAPs to access records of completed assessment proceedings in view-only mode.

ICMAI mandates 15 Month Practical Training for students

January 14, 2020 4869 Views 0 comment Print

1. Under this scheme students are required to undergo a Practical Training for at least 15 months instead of 6 months. 2. This training scheme will be applicable for the students registering in Intermediate Course for the December 2020 term examination onwards.

Notification No. 4/2020-Customs (N.T./CAA/EXTENSION/DRI) Dated 14.01.2020

January 14, 2020 852 Views 0 comment Print

Appointment of CAA by DGRI vide Notification No. 4/2020-Customs (N.T./CAA/EXTENSION/DRI) Dated: 14th January, 2020 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 4/2020-Customs (N.T./CAA/EXTENSION/DRI) New Delhi, dated the 14th January, 2020 S.O. (E). – In exercise of powers conferred upon by […]

SION for Stainless Steel Washers appearing under C-888 stands suspended

January 14, 2020 1527 Views 0 comment Print

The Standard Input Output Norm as appearing at serial number C-888 for export of Stainless Steel Washers of different grades stands suspended with immediate effect.

Appointment of Revisional Authority | CGST Act, 2017 | Section 108

January 13, 2020 4599 Views 0 comment Print

CBIC authorises following as Revisional Authority under section 108 of Central Goods and Services Tax Act, 2017 vide Notification No. 05/2020-Central Tax dated 13th January, 2020- (a) the Principal Commissioner or Commissioner of Central Tax for decisions or orders passed by the Additional or Joint Commissioner of Central Tax; and (b) the Additional or Joint […]

Fake GST Invoice: Dept. started Blocking ITC of fake credit availers

January 13, 2020 32079 Views 2 comments Print

All the CGST Zones are required to make a list, GSTN-wise of fake credit availers and block their ITC under Rule 86A(1)(a) for the entities located in their jurisdiction. If, however, there are certain entities which are located outside their jurisdiction, they should forward a list of such availers along with GSTN No. to the local office of the Pr.ADG/ADG DGGI, with a request to block credit of such GSTN immediately.

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