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All about Online submission of Letter of Undertaking under GST Regime

February 28, 2018 17172 Views 3 comments Print

INSTRUCTIONS TO FILE LUT ONLINE – The registered person who desires to make zero rated supply of goods or services or both without payment of the Integrated Tax (IGST) shall file an application at GSTN portal in FORM GST RFD-11 (as notified under rule 96A of the MGST Rules vide Notification-State tax dated 1st July 2017 and as amended from time to time).

Notification No. 17/2018-Customs (N.T.), Dated: 28.00.2018

February 28, 2018 1323 Views 0 comment Print

Notification No. 17/2018-Customs (N.T.) In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue)

CBDT Order No. 34 of 2018 appointing 5 ITOs to ACIT Post

February 28, 2018 2160 Views 0 comment Print

Order No. 34 of 2018 President is pleased to appoint the following Income Tax Officers, presently posted in the region shown against their names, in the grade of Assistant Commissioner of Income Tax (ACIT) on ad-hoc basis for the vacancy year 2016-17 in the Level 10 in the pay matrix Rs. 56100-177500/-

CBDT Order No. 33 of 2018 appointing 191 ITOs to the post of ACIT

February 28, 2018 4728 Views 0 comment Print

In continuation of order No. 138 of 2016 dated 22.07.2016. the President is pleased to extend the ad-hoc appointments of the following Income Tax Officers to the grade of Assistant Commissioner of Income Tax (ACIT) for the vacancy year 2015-16 from 22.07.2017 to 21.07.2018: –

Mandatory online EPF claim if settlement amount exceeds Rs.10 lacs

February 27, 2018 1893 Views 0 comment Print

Based on the decision taken in the meeting chaired by CPFC on 17.01.2018, I am directed to convey that in case the amount of claim settlement is above Rs.10.00 lacs for PF claims and Rs.5.00 lacs in respect of the EPS withdrawal claims, the claim form must be accepted through online mode only.

EPFO Modifies Inspection Policy in respect of defaulting establishments

February 27, 2018 5487 Views 0 comment Print

At present, for conducting inspections permission is being taken from CAIU including for the cases reflected in monthly defaulter’s lists displayed on the website by Head Office.

MCA notifies Companies (Accounts) Amendment Rules, 2018

February 27, 2018 37428 Views 0 comment Print

In exercise of the powers conferred by sub-sections (1) and (3) of section 128, sub section (3) of section 129, section 133, section 134, sub section (1) of 136 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Accounts) Rules, 2014, namely:-

Proportionate release of Bank Guarantee in case of mega power projects

February 26, 2018 4095 Views 0 comment Print

Certain specified goods such as machinery, apparatus, instruments, cables, components or raw material supplied to specified mega power projects, including the projects with provisional mega power status, were exempted from central excise duty vide entry No. 338 under notification No. 12/2012-Central Excise, dated the 17th March, 2012 (as amended).

Risk Management and Inter-bank Dealings: Revised guidelines

February 26, 2018 939 Views 0 comment Print

Risk Management and Inter-bank Dealings: Revised guidelines relating to participation of a person resident in India and Foreign Portfolio Investor (FPI) in the Exchange Traded Currency Derivatives (ETCD) Market

Export of onions permitted without any MEP or LC w.e.f. 02.02.2018

February 26, 2018 876 Views 0 comment Print

In view of the above, it is clarified that export of all varieties of onions are permitted for export without any MEP or LC w.e.f. 02.02.2018 till further orders.

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