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Companies (Registered Valuers and Valuation) Amendment Rules, 2018

February 9, 2018 3417 Views 0 comment Print

Central Government hereby amends Companies (Registered Valuers and Valuation) Rules, 2017. These rules may be called Companies (Registered Valuers and Valuation) Amendment Rules, 2018.

Modification to Circular No. 37T of 2017 dated 24th August 2017

February 9, 2018 7233 Views 0 comment Print

VAT registration of the dealers not selling the goods mentioned above are deemed to be cancelled from 30 June 2017, it has become necessary to allow the dealers to remain registered under the MVAT/ CST Act if they sell the above mentioned goods

Levy of Penal Interest – Delayed Reporting

February 9, 2018 945 Views 0 comment Print

Presently, penal interest is levied for all cases where the bank has enjoyed ineligible credit in its current account with the RBI on account of wrong / delayed / non-reporting of transactions i.e. the currency chest had reported a net deposit.

Telangana govt notifies Waybill for intra-State movement of goods

February 9, 2018 5616 Views 1 comment Print

Government of Telangana State hereby notifies the document known as Waybill that is to be issued by the registered person for intra-State movement of goods.

Monitor pending GST refund claims & ensure timely disbursals: CBEC Chairman

February 9, 2018 1029 Views 0 comment Print

I am happy to note that Pune Zone has completed 100 per cent verification of TRAN-1 credit assigned for verification vide Member (Budget)’s letter dated 2nd January, 2018. Similarly, Chandigarh, Ahmedabad, Shillong, Vishakapatnam, Bhubaneshwar and Bhopal Zones have completed more than 90 per cent verification.

Auditors who conducted audit of Mutual Fund for 9 years or more may continue till the end of F.Y. 2018-19: SEBI

February 7, 2018 612 Views 0 comment Print

Auditors who have conducted audit of the Mutual Fund for 9 years or more, in terms of clause B (2) (iii) (b) of the aforesaid circular, may continue till the end of F.Y. 2018-19.

IBBI (Fast Track Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2018

February 7, 2018 1515 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 yesterday.

GST Settlement of Funds (Amendment) Rules, 2018

February 6, 2018 3306 Views 0 comment Print

At any point of time in any particular financial year, the Central Government may, on the recommendations of the Goods and Services Tax Council, provisionally settle any sum of integrated goods and services tax collected in that particular financial year which has not been settled so far.

IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2018

February 6, 2018 5943 Views 0 comment Print

The Insolvency and Bankruptcy Board of India (IBBI) amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 yesterday.

Custom Duty on import of Chana (Chickpeas) increased to 40%

February 6, 2018 843 Views 0 comment Print

Seeks to increase BCD tariff rate on Chana (Chickpeas), [Tariff item 0713 20 0] from 30% to 40% by invoking section 8A (1) of the Customs Tariff Act, 1975 and accordingly, the effective rate of BCD on Chana (Chickpeas), will also be 40%

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