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Notifications/Circulars

Notification No. 21/2017-Customs, Dated: 22.05.2017

May 22, 2017 3288 Views 0 comment Print

Whereas the notification no. 09/2012-Cus dated the 9th March, 2012 of the Government of India, Ministry of Finance, Department of Revenue did not allow benefit of duty free import of cut and polished diamonds exported abroad for certification and grading, by authorised offices/ agencies in India of laboratories mentioned under para 4.74 of the Hand Book of Procedure;

Maharashtra GST Related Amendments to MVAT, PT and other Acts

May 20, 2017 6750 Views 2 comments Print

A BILL further to amend the Mumbai Municipal Corporation Act, the Maharashtra Entertainments Duty Act, the Maharashtra Municipal Corporations Act, the Maharashtra Motor Vehicles Tax Act, the Maharashtra Village Panchayats Act, the Maharashtra Municipal Councils, Nagar Panchayats and Industrial Townships Act, 1965, the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 and the Maharashtra Value Added Tax Act, 2002.

Countdown to implement GST begun: CBEC Chairman

May 20, 2017 3885 Views 0 comment Print

As you all are aware the GST Council had a two day meeting on 18thand 19th of May and approved seven Rules and related formats and also the chapter wise and rate wise GST schedule for goods and services as well as the GST Compensation Cess rates.

DVAT on Sale of Aviation Turbine Fuel to Civil Aviation Operators

May 19, 2017 861 Views 0 comment Print

4. Sale of Aviation Turbine Fuel to the Civil Aviation Operators, who have opted to operate under Regional Connectivity Scheme — UDAN for the flights on RCS routes (involving Delhi) between an identified pair of origin and destination airports/helipad within India subject to applicability and fulfillment of all conditions of the Regional Connectivity Scheme -UDAN of the Ministry of Civil Aviation, Government of India.

Amendments in Second schedule appended to Delhi Value Added Tax Act, 2004

May 19, 2017 1173 Views 0 comment Print

Sale of Aviation Turbine Fuel to the Civil Aviation Operators, who have opted to operate under Regional Connectivity Scheme – UDAN for the flights on RCS routes (involving Delhi) between an identified pair of origin and destination airports/helipad within India subject to applicability and fulfillment of all conditions of the Regional Connectivity Scheme -UDAN of the Ministry of Civil Aviation, Government of India.

Uttar Pradesh Goods And Services Tax Act, 2017

May 19, 2017 9369 Views 0 comment Print

THE UTTAR PRADESH GOODS AND SERVICES TAX ACT, 2017 (U.P. Act no. 1 of 2017) [As passed by the Uttar Pradesh Legislature] AN ACT to make a provision for levy and collection of tax on infra-State supply of goods or services or both by the State of Uttar Pradesh and the matters connected therewith or incidental thereto.

All about EPFO Housing Scheme for PF members

May 19, 2017 2532 Views 0 comment Print

EPFO Housing Scheme for PF members-Salient Feature- 1. To facilitate housing needs of EPF Members 2. Insertion of new provision- Para 68-BD in EPF Scheme, 1952 3. Applicable from 12th April 2017- Date of Notification

104 Transfers and postings in the grade of ACIT / DCIT (Local changes)

May 18, 2017 1941 Views 0 comment Print

The following postings/ transfers in the grade of Assistant/ Deputy Commissioner of Income Tax (Local Change) are, hereby, ordered with immediate effect and until further orders

Minimum qualifications & experience for CFO & CTO of Banks

May 18, 2017 3420 Views 0 comment Print

A Chief Financial Officer (CFO) and Chief Technology Officer (CTO) in banks’ management structure would play a crucial role in strengthening and sustaining the banks’ risk governance framework.

Customs Rate of foreign currency exchange WEF 19th May, 2017

May 18, 2017 1239 Views 0 comment Print

Indian currency or vice versa, shall, with effect from 19th May, 2017, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

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