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Notifications/Circulars

Online Filing System for Offer Documents, Schemes of Arrangement, Takeovers and Buy backs

January 19, 2018 876 Views 0 comment Print

All Merchant Bankers that are required to file the offer documents and related documents in physical form with SEBI under the provisions of aforesaid Regulations shall simultaneously file the same online through SEBI Intermediary Portal at https://siportal.sebi.gov.in.

CBEC notifies limit on Appreciation Certificates by President

January 19, 2018 888 Views 0 comment Print

4. The number of Appreciation Certificates awarded in one year shall not exceed forty five but if the President considers that special circumstances in any one year justify the award of the Appreciation Certificates in excess of the forty five, the number shall not exceed fifty.

CBDT amends Tax Return Preparer Scheme

January 19, 2018 4269 Views 2 comments Print

Tax Return Preparer (Amendment) Scheme, 2018- An individual, who holds a bachelor degree from a recognised Indian University or institution, or has passed the intermediate level examination conducted by the Institute of Chartered Accountants of India or the Institute of Company Secretaries of India or the Institute of Certified Management Accountants of India, shall be eligible to act as Tax Return Preparer

Stick to timelines with respect to GST refunds in relation to zero-rated supply: CBEC

January 19, 2018 2046 Views 0 comment Print

Need to ensure that the refund sanctioning authorities under your jurisdiction stick to the timelines stipulated under law, especially with respect to refunds in relation to zero-rated supply of goods or services.

E-Way Bill mandatory in Maharashtra for Inter- State movement of goods w.e.f. 01-02-2018

January 18, 2018 62679 Views 3 comments Print

E- Way Bill will be mandatory in Maharashtra for Inter- State movement of goods w.e.f. 01-02-2018. For Intra- State movement of goods, the date will be notified later. The e-way bill system is currently available for dealers / transporters on a trial basis (during 16-01-2018 to 31-01- 2018).

Sec. 10(46) CBDT notifies ‘Central Registry for Securitization Asset Reconstruction and Security Interest of India’

January 18, 2018 1533 Views 0 comment Print

Central Government hereby notifies for the purposes of section 10(46) the Central Registry for Securitization Asset Reconstruction and Security Interest of India, a body set up under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, in respect of the following specified income arising to that body, namely:—

Customs Rate of exchange of foreign currency wef 19.01.2018

January 18, 2018 5205 Views 0 comment Print

Notification No.06/2018-Customs (N.T.) Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto

Amendment in policy condition No. 3 of Chapter 72 of ITC (HS), 2017 — Schedule —I (Import Policy)

January 18, 2018 1458 Views 0 comment Print

Import of seconds/defectives of steel items as mentioned at Sl. No. 1 to 7 of Policy Condition No.2 of Chapter 72 of ITC (HS), 2017, Schedule-I (Import Policy), shall be allowed also through Nhava Sheva (JNPT) and at ICD-Tughlakabad, New Delhi, besides the existing Customs sea port at Mumbai, Chennai and Kolkata.

Temporary Import of Professional Equipment and Sports Goods under A.T.A. Carnet

January 18, 2018 1839 Views 0 comment Print

The said goods are imported under a Carnet guaranteed by the Federation of Indian Chamber of Commerce and Industry in India (hereinafter referred to as FICCI), as per provisions of the Customs Convention on the A.T.A. carnet for Temporary Admission of Goods (A.T.A. Convention) done at Brussels on 8th June 1961;

Notification No. 2/2018-Income Tax, Dated: 18.01.2018

January 18, 2018 3714 Views 0 comment Print

S.O. 282(E).—In exercise of the powers conferred by clause (39) of the section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India, Ministry of Finance

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