Central Government hereby makes the following amendments in the notification of the Government of India, in the Ministry of Finance (Department of Financial Services), number S.O. 2641(E), dated the 5th August, 2016, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) namely:-
Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 provides significant relief to home buyers by recognizing their status as financial creditors. This would give them due representation in the Committee of Creditors and make them an integral part of the decision making process
Commissioner of Sales Tax, Maharashtra, amends with effect from the 1st April 2018 FORM –704- Audit report under section 61 of the Maharashtra Value Added Tax Act, 2002.
Central Government hereby specifies the officer, who may, before institution of any prosecution under Foreign Contribution (Regulation) Act, 2010, compound the specified offences.
Various mails have been received from field offices reporting the rejection of DLCs due to incorrect Aadhaar number seeded against PPOs through DLC registration of the pensioners. After examining the issue, a new functionality Rectify Mismatch Aadhaar number has been provided in the application software. The scenario of the case is explained below
To designate the Joint Commissioners as the Appellate Authority for the purpose of MGST Act vide Notification No. D.C. (A&R)-2/GST/PWR/Sections/2017-18/ADM-8 dated 5th June 2018.
To designate the deputy commissioners as the Appellate Authority for the purpose of MGST Act vide notification No. No. D.C. (A&R)-2/GST/PWR/Sections/2017-18/ADM-8 dated: 5th June 2018.
These rules may be called the Goods and Services Tax Settlement of Funds (Second Amendment) Rules, 2018. In the Goods and Services Tax Settlement of Funds Rules, 2017, in rule 11, for sub-rule (3), the following shall be substituted, namely:—
The third proviso to sub-section (3) of section 54 of the MGST Act states that no refund of input tax credit shall be allowed in cases where the supplier of goods or services or both avails of drawback in respect of central tax.
Initiation of anti-circumvention investigation concerning the alleged circumvention of anti-dumping duty imposed on the imports of O-Acid, originating and exported from China PR.
