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Notifications/Circulars

No document needs to be physically submitted for LUT acceptance

April 6, 2018 39861 Views 3 comments Print

Exporters to file LUT in FORM GST RFD-11 on the portal only. LUT will be deemed to be accepted as soon as ARN is generated. No document needs to be physically submitted to the jurisdictional office.

CBDT withdraws Transport allowance of Rs. 1,600 pm

April 6, 2018 19674 Views 0 comment Print

CBDT has omitted provision related to exemption of transport allowance of Rs. 1,600 per month granted to an employee other than an employee, who is blind or deaf and dumb or orthopaedically handicapped with disability of lower extremities, to meet his expenditure for the purpose of commuting between the place of his residence and the […]

CBDT order posting of 151 ACIT (Probationers) in Pr. CCIT(CCA) region

April 6, 2018 7176 Views 0 comment Print

Order No. 54 of 2018- Following Assistant Commissioners of Income Tax (Probationers) in the Level 10 in the pay matrix Rs. 56100-177500, on completion of training at National Academy of Direct Taxes (NADT), Nagpur are, hereby, posted in the region of Pr. CCIT (CCA) indicated against each of them with immediate effect and until further orders:-

Removal of prohibition on export of all varieties of Edible Oils

April 6, 2018 822 Views 0 comment Print

All varieties of edible oils, except mustard oil, have been made ‘free’ for export without any quantitative ceilings, pack size etc., till further orders.

Classification of Solar Panel/Module equipped with Elements -Reg.

April 6, 2018 3498 Views 0 comment Print

a) If the solar panel/module is equipped with elements and these elements supply the power to an external load i.e. a motor, an electrolyser etc., then the solar panel/module is classifiable under CTH 8501. b) However, if the solar panel/module is equipped with elements but these elements do not supply the power to an external load i.e. a motor, an electrolyser etc., then the solar panel/module is classifiable under CTH 8541. c) Solar paneUmodule without clement is classifiable under CTH 8541

Govt amends 4 Custom Tariff Notifications dated 2nd Feb 2018

April 6, 2018 1149 Views 0 comment Print

Seeks to rescind notification nos. 7/2018-Customs, 8/2018-Customs, 19/2018-Customs and 20/2018-Customs all dated 2nd February 2018 vide Notification No. 42/2018-Customs

Govt amends 4 Custom Tariff Notifications dated 2nd February 2018

April 6, 2018 1011 Views 0 comment Print

Seeks to amend notification Nos.11/2018-Customs, 12/2018-Customs, 13/2018-Customs and 21/2018-Customs, all dated 2nd February 2018 vide Notification No. 41/2018–Customs

Anti-dumping duty on imports of “Phosphorus Pentoxide”

April 6, 2018 1395 Views 0 comment Print

Seeks to impose definitive anti-dumping duty on the imports of Phosphorus Pentoxide originating in or exported from China PR vide Notification No. 19/2018-Customs (ADD)

Govt rescinds notification No. 8/2017 Customs (ADD) dated 15.03.2017

April 6, 2018 888 Views 0 comment Print

Central Government had notified the provisional assessment of all exports of the subject goods made by the M/s. Guangxi Quinzhou Capital Success Chemical Co. Ltd. (producer or exporter) till the completion of the review, vide, notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 8/2017– Customs (ADD) dated 15th March, 2017

RBI prohibits dealing in Virtual Currencies by regulated entities

April 6, 2018 1407 Views 0 comment Print

Entities regulated by the Reserve Bank shall not deal in VCs or provide services for facilitating any person or entity in dealing with or settling VCs. Such services include maintaining accounts, registering, trading, settling, clearing, giving loans against virtual tokens, accepting them as collateral, opening accounts of exchanges dealing with them and transfer / receipt of money in accounts relating to purchase/ sale of VCs.

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