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Notifications/Circulars

Review of OFS of Shares through Stock Exchange Mechanism

June 27, 2017 789 Views 0 comment Print

Comprehensive guidelines on Offer for Sale of Shares through stock exchange mechanism were issued vide circular no CIR/MRD/DP/18/2012 dated July 18, 2012. These guidelines have been modified from time to time based on the representation/suggestion received from various stakeholders.

Order No. 110/2017: Transfer & Postings of Addl./ JCIT- Post AGT

June 27, 2017 2364 Views 0 comment Print

Order No. 110 of 2017 The following postings / transfers in the grade of Additional/ Joint Commissioner of Income Tax are, hereby, ordered with immediate effect and until further orders.

Implementation of GST in Customs–Changes in BE/SB Declaration

June 27, 2017 49872 Views 0 comment Print

The revised electronic format for both BE/SB has already been published in ICE GATE Website (https://www.icegate.gov.in/msg_guideline.html). The salient features of these changes in the format of the declarations are enumerated below for easy reference and compliance.

Govt permits Supply of essential commodities to Maldives

June 27, 2017 648 Views 0 comment Print

Export of potato, onion, rice, wheat flour and sugar has been permitted to the Republic of Maldives under bilateral trade agreement between Government of India and Government of Maldives during the period 2017-18 w.e.f. April, 2017 as per the quantities indicated in the Table at Para 1 above.

Distribution of GST Provisional Id and Access Token of phase 6 dealers

June 27, 2017 2502 Views 0 comment Print

In reference to the above referred Trade Circulars, the activity of GST data migration and distribution of Provisional Ids and Access Token is in progress since 14th November 2016. This activity has been carried out by Maharashtra Sales Tax Department (MSTD) in stage-wise manner in 5 phases.

Karnataka Goods and Services Tax Act, 2017

June 27, 2017 10761 Views 1 comment Print

Karnataka Goods and Services Tax Act, 2017- An Act to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the state of Karnataka and the matters connected therewith or incidental thereto.

Activities codes not covered under MSMED Act for Udyog Aadhaar registration

June 27, 2017 26463 Views 4 comments Print

Activities (NIC codes) not covered under MSMED Act, 2006 for registration of Udyog Aadhaar Memorandum (UAM)- regarding

Proper officer for Registration & Composition levy under CGST Act, 2017

June 26, 2017 11421 Views 0 comment Print

Proper officer for provisions relating to Registration and Composition levy under the Central Goods and Services Tax Act, 2017 or the rules made there under –Reg.

Help Desk and facilitation centers for registration under GST

June 24, 2017 3348 Views 1 comment Print

The GST Act will come into force from 1st July 2017. A large number of Tax Payers were not required to take registration as per provisions of VAT Act. Now as per the provisions of GST Act, most of the Tax Payers will be required to take registration under GST Act.

CBDT Chairman on Preventive Vigilance as Management Function

June 24, 2017 1095 Views 0 comment Print

Rule 3(2)0) of the CCS(Conduct) Rules puts the responsibility of ensuring the integrity of subordinates squarely on the supervisory officer. The same was conveyed by my D.O. that a supervisory officer cannot absolve himself from vicarious liability if, having the right, ability and duty to control the activities of a subordinate, he does not take steps to prevent the acts of misdemeanour by subordinates.

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