In continuation to this Department’s Order No. 137 of 2017 dated 16.08.2017 and Order No. 181 of 2017 dated 24.10.2017, the President is pleased to grant Proforma Promotion to the following Commissioners of Income Tax
Para 5.19 of the Hand Book of Procedures of FTP 2015-20 permits re-fixation of Annual Average Export Obligation, in case the export in any sector/ product group decline by more than 5%. This implies that the sector/ product group that witnessed such decline in 2016-17 as compared to 2015-16, would be entitled for such relief.
Trade Notice issued by the Chief Commissioner, Jaipur Zone regarding Division of Taxpayers between the Center & the State and handling of legacy issues of CE & ST Assessees
Representations have been received seeking clarification on whether custom milling of paddy by Rice millers for Civil Supplies Corporation is liable to GST or is exempted under S. No 55 of Notification 12/2017 – Central Tax (Rate) dated 28th June 2017.
The Board has received references regarding eligibility of dumpers which are used in coal mines, for benefits under Project Import Regulations. The issue was examined in the past and it was clarified to the field formations that dumpers imported for Coal Mines are not eligible for Project Import benefits.zx
Government of India is administering the Varishtha Pension Bima Yojana (VPBY) (hereinafter referred to as the Scheme) as a pension scheme for the senior citizens, implemented through Life Insurance Corporation of India (LIC) (hereinafter referred to as the Implementing Agency). The Scheme was announced in two versions in the Union Budgets 2003-04 and 2014-15;
AEOs and Units having permission to self–seal without supervision of a Central Excise officer were to mandatorily use RFID e seals with effect from 8th November 2017 when exporting from the ports / ICDs listed in the aforesaid circular.
Stock Exchanges, Clearing Corporations and Depositories are directed to: i. Take necessary steps to put necessary systems in place for the implementation of the above provisions of this circular. ii. Make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision.
Whereas, the designated authority vide initiation notification No. 15/5/2016-DGAD, dated the 8th July, 2016, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 8th July, 2016, had initiated review in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975
Declarations in Form ‘C’ for the periods starting from 1st July 2017 shall be issued only if such goods are purchased for the purposes enumerated in the Office Memorandum issued by Ministry of Finance, Department of Revenue, State Tax Division, New Delhi dated 7th November 2017 such as:-
