On a review of the limit imposed on shareholding of the post converted equity of the borrower company under reconstruction by Asset Reconstruction Companies (ARCs), it has been decided to exempt ARCs meeting the criteria set out in paragraph 3 below from the cap of 26% subject to compliance with the provisions of the SARFAESI Act, 2002.
The facility of making e-payments under all Acts (except GST) administered by Maharashtra Goods and Services Tax Department (MGSTD) is available on the web-site www.mahavat.gov.in through the e Payment Gateways of GRAS and the SRI e-Pay.
The region wise jurisdiction of corporate cases updated on the website of Insolvency and Bankruptcy Board of India (www ibbi.gov in) from 01-11-2017 till 20-11-2017 has been ascertained from the CBN query in AIS module available in ITD and is enclosed herewith in Annexure-1 for necessary action at the end of the Assessing Officers
The issue pertaining to inter-state movement of rigs, tools and spares, and all goods on wheels [like cranes] was discussed in GST Council’s meeting held on 10th November, 2017 and the Council recommended that the circular 1/1/2017-IGST shall mutatis mutandis apply to inter-state movement of such goods
The GST rate on Idols made of clay is nil. (S.No. 135A of Schedule notification 2/2017 dated 28.06.2017).
Currently, if employee wants to correct his/her basic details against UAN, employee and employer are required to submit a joint request to the concerned EPFO field office for correction of above mentioned basic details of employee.
CESTAT has in an order dated 09.10.2017, involved various parties, held that, Color coated aluminum foil are excluded from the ambit of this notification. In this context, reference has been received from the concerned field formations seeking a clarification for further course of action.
All varieties of pulses, including organic pulses, have been made ‘free’ for export without any quantitative ceilings, till further orders. However, for export through non-EDI Land Custom Stations (LCS), the exporter will have to do prior-registration of quantity with DGFT.
Considering the aforesaid hardship to the trade, it is now decided that the unmatches of Rs. 1000/-or below per supplier per year may be allowed without supplementary annexures being uploaded. It is further clarified that such claims shall be allowed provided the officer is not having any adverse information on record about such supplier.
Central Government in the public interest hereby exempts all cases of combinations under section 5 of the Act involving the Central Public Sector Enterprises (CPSEs) operating in the Oil and Gas Sectors under the Petroleum Act, 1934 (30 of 1934) and the rules made there under or under the Oilfields (Regulation and Development) Act, 1948 (53 of 1948)
