Central Government hereby amends Companies (Registered Valuers and Valuation) Rules, 2017. These rules may be called Companies (Registered Valuers and Valuation) Amendment Rules, 2018.
VAT registration of the dealers not selling the goods mentioned above are deemed to be cancelled from 30 June 2017, it has become necessary to allow the dealers to remain registered under the MVAT/ CST Act if they sell the above mentioned goods
Presently, penal interest is levied for all cases where the bank has enjoyed ineligible credit in its current account with the RBI on account of wrong / delayed / non-reporting of transactions i.e. the currency chest had reported a net deposit.
In exercise of the powers conferred under Paragraph 1.03 read with Paragraph 2.04 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby notifies the amendment in description of export item Ladies Blouse of the SION J-290, in the Handbook of Procedures Vol.II as under
Government of Telangana State hereby notifies the document known as Waybill that is to be issued by the registered person for intra-State movement of goods.
It has now been decided by the Board that Superintendents of Central Tax shall also be empowered to issue show cause notices and orders under section 74 of the CGST Act. Accordingly, the following entry is hereby being added to the item at Sl. No. 4 of the Table on page number 3 of Circular No. 3/3/2017-GST dated 5th July, 2017, namely:-
I am happy to note that Pune Zone has completed 100 per cent verification of TRAN-1 credit assigned for verification vide Member (Budget)’s letter dated 2nd January, 2018. Similarly, Chandigarh, Ahmedabad, Shillong, Vishakapatnam, Bhubaneshwar and Bhopal Zones have completed more than 90 per cent verification.
It has come to the notice of the Reserve Bank of India that a fake website of the Reserve Bank of India has been created with the URL www.indiareserveban.org by some unknown person(s).
All Asst. Commissioners/GSTOs, who have been assigned powers under section 54 of the Delhi Goods and Services Tax (DGST) Act, 2004 (Delhi Act 3 of 2017) are hereby directed to process the refund cases of DGST Act in the following manner:-
It has been represented to us that formalisation of business through registration under GST had adversely impacted the cash flows of the smaller entities during the transition phase with consequent difficulties in meeting their repayment obligations to banks and NBFCs.
