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Notifications/Circulars

Export Policy of Onions- Removal of Minimum Export Price (MEP)

February 2, 2018 741 Views 0 comment Print

Requirement of Minimum Export Price (MEP) on export of onions as described above stands removed till further orders and all varieties of onions can now be exported without any MEP.

Charging of additional expenses of up to 0.20% in terms of Regulation 52 (6A) (c) of SEBI (Mutual Funds) Regulations, 1996

February 2, 2018 6141 Views 0 comment Print

Regulation 52 (6A) (c) of SEBI (Mutual Funds) Regulations, 1996, allows an AMC to charge additional expenses, incurred towards different heads mentioned under Regulation 52 (2) and Regulation 52 (4), not exceeding 0.20 per cent of daily net assets of the scheme.

Weekly newsletter from Chairman, CBEC dated 02/02/2018

February 2, 2018 1266 Views 1 comment Print

The Swachhata Pakhwada concluded on the 31st January 2018. I am sure all of you must have really celebrated this occasion with lots of activities. At the Board level, we concluded the fortnight with the release of a short film which is a compilation of all the Swachhata activities undertaken by various formations under CBEC.

E-Way bill suspension officially notified by CBEC

February 2, 2018 13212 Views 0 comment Print

We reported on 1st February that Government has suspended Compulsion of E-Way bill on the day of it start itself due to technical issues. We reported on the basis of Tweet on official handle of CBEC. Now CBEC has official notified Suspension of E-Way Bill system vide notification No 11/2018 CGST. Text of Notification is […]

SAP based e-CST module on MAHAGST portal for dealers registered before 25.05.2016

February 1, 2018 3264 Views 0 comment Print

The date on which the utility of obtaining the e-CST declarations shall start on MAHAGST portal will be notified soon through a Trade Circular. In the meantime, the nodal officers with whom the e-CST applications of the dealers registered prior to 25/05/2016, for periods up to 30 /06/2017 are pending have been instructed to dispose off the pending application expeditiously.

Customs Rate of exchange of foreign currency wef 02.02.2018

February 1, 2018 1194 Views 0 comment Print

Notification No.11/2018-Customs (N.T.) CBEC hereby determines that the rate of exchange of conversion of each of the foreign currencies wef 02.02.2018

Budget 2018 Exhaustive Analysis of Changes in Custom Duty

February 1, 2018 40770 Views 5 comments Print

The Finance Minister has introduced the Finance Bill, 2018 in Lok Sabha today, that is, 1st February, 2018. Changes in Customs and Central Excise law and rates of duty have been proposed through the Finance Bill, 2018.

Union Budget 2018 – Changes in Service Tax

February 1, 2018 16242 Views 0 comment Print

The Finance Minister has, while presenting the Union Budget 2018-19, introduced the Finance Bill in the Lok Sabha on the 1st of February, 2018. While Clause 99 of the Bill relates to exemption from integrated tax levied under section 3(7) of the Customs Tariff Act, 1975, Clauses 103 to 105 of the Bill cover the changes relating to service tax levied under the erstwhile Chapter V of the Finance Act, 1994, prior to 1St July 2017.

Corrigendum to Notification No. 6/2018-UTT (Rate), dated 25.01.2018

February 1, 2018 969 Views 0 comment Print

G.S.R. 108(E).—In the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 6/2018-Union territory Tax (Rate), dated the 25th January, 2018, published in the Gazette of India

Corrigendum to Notification No. 7/2018-IGST (Rate), dated 25.01.2018

February 1, 2018 3189 Views 0 comment Print

G.S.R. 107(E).— In the notification of the Government of India, Ministry of Finance (Department of Revenue), No.7/2018-Integrated Tax (Rate), dated the 25th January, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 84(E), dated the 25th January, 2018

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