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Notifications/Circulars

Distribution of GST Provisional Id and Access Token of Phase 7 dealers

July 7, 2017 1272 Views 0 comment Print

Provisional Ids and Access Token of Phase 7 dealers, are now made available by GSTN Dealer can obtain their Provisional Ids from department’s portal www.mahavat.gov.in, using their login credentials. The list of all such dealers is published under “What’s New” Section on MSTD’s portal. For Phase 7, dealers registered up to 30-06-2017, RC restoration and PAN amendment cases up to 30-06-2017 are considered.

Jammu and Kashmir Goods and Services Tax Act, 2017

July 7, 2017 1956 Views 0 comment Print

The following Act as passed by the Jammu and Kashmir State Legislature received the assent of the Governor on 7th July 2017 is hereby published for general information

SEBI to initiate action against non -compliant companies which are exclusively listed on Dissemination Board

July 7, 2017 804 Views 0 comment Print

SEBI vide circular dated October 10, 2016 provided three months to ELCs on DB to submit a plan of action to the designated stock exchanges (“DSEs”) either to list or to provide exit to its shareholders. Further it was also stipulated that failure to comply with the above would attract actions as enumerated below

Issuance of ODIs, with derivative as underlying, by ODI issuing FPIs

July 7, 2017 792 Views 0 comment Print

The ODI issuing FPIs shall not be allowed to issue ODIs with derivative as underlying, with the exception of those derivative positions that are taken by the ODI issuing FPI for hedging the equity shares held by it, on a one to one basis.

Clarification on Inter-state movement of various modes of conveyance, carrying goods or passengers or for repairs and maintenance

July 7, 2017 21693 Views 0 comment Print

The issue relating to levy of IGST exemption on inter-state movement of various modes of conveyance, carrying goods or passengers or for repairs and maintenance, between distinct persons as specified in section 25(4) of the Central Goods and Services Tax Act, 2017, carrying goods or passengers or both; or for repairs and maintenance, [except in cases where such movement is for further supply of the same conveyance] has been examined.

Bond/ Letter of Undertaking for exports without IGST payment- Reg.

July 7, 2017 15993 Views 1 comment Print

As per rule 96A of the Central Goods and Services Tax Rules, 2017 ( The CGST Rules), any registered person exporting goods or services without payment of integrated tax is required to furnish a bond or a Letter of Undertaking (LUT) in FORM GST RFD-11.

Promptly address GST issues faced by trade & general public: CBEC

July 7, 2017 1269 Views 0 comment Print

The essence now is to promptly address the issues faced by the trade and general public and at the same time update our knowledge base. In this regard I am sure you and your officers and staff must be watching the GST Ki Master Class, as per schedule indicated in my letter dated 5th July, 2017.

Aadhaar enabled online filings of claims by EPF members

July 7, 2017 2652 Views 0 comment Print

A new facility has been launched in employee’s Member Interface of Unified Portal for the employees/members to submit Online Claims based on Composite Claim Form (Aadhar) for availing the benefits under EPF (Form-19), Pension (Form-10C) & PF Part Withdrawals (Form-31).

LOU in place of a bond for export without payment of IGST- Conditions

July 7, 2017 22761 Views 1 comment Print

Notification No. 16/2017-CT (conditions and safeguards for furnishing a Letter of Undertaking (LOU) in place of a bond for export without payment of integrated tax) Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 16/2017- Central Tax New Delhi, the 7th July, 2017 G.S.R. 848(E). :- In […]

Guidelines for online issuance of GST permit and Transit Passes, etc. for facilitating movement of goods

July 7, 2017 4926 Views 1 comment Print

Whereas in pursuance of provision of section 68 of the Assam Goods and Services Tax Act, 2017 read with the provision of rule 138 of the Assam Goods and Services Tax Rules, 2017, the Government of Assam has approved the following electronically obtained documents required to be carried by a person in-charge of a conveyance

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