Central Goods and Services Tax (Fifth Amendment) Rules, 2019
Posted Date : 19-Jul-2019 , 09:29:15 am | Posted By: CASANSAAR
G.S.R……(E). - In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017, namely:-...
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GST |
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GST Form CMP-08 due date extended to 31st July 2019
Posted Date : 19-Jul-2019 , 09:26:56 am | Posted By: CASANSAAR
G.S.R.....(E).– In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2019- Central Tax, dated the 23rd April, 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 322(E)...
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GST |
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Master Circular on SHG-Bank Linkage Programme
Posted Date : 02-Jul-2019 , 07:47:50 am | Posted By: CASANSAAR
RBI/2019-20/08
FIDD.FID.BC.No.05/12.01.033/2019-20
July 01, 2019
The Chairman/ Managing Director/
Chief Executive Officer
All Scheduled Commercial Banks
Madam/Dear Sir
Master Circular on SHG-Bank Linkage Programme
The Reserve Bank of India has, from time to time, issued a number of guidelines/instructions to banks on SHG-Bank Linkage Programme. In order to enable banks to have instructions at one place, the Master Circular incorporating the existing guidelines/instructions on t...
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RBI |
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Master Circular – Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public
Posted Date : 02-Jul-2019 , 07:47:04 am | Posted By: CASANSAAR
RBI/2019-20/07
DCM (CC) No.G-5/03.44.01/2019-20
July 01, 2019
The Chairman & Managing Director
Chief Executive Officers
All Banks
Master Circular – Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public
Please refer to theCircular DCM (CC) No.G-4/03.44.01/2018-19 dated July 3, 2018on the scheme of penalties.
2. A revised and updated version on the subject isannexedfor information and necessary action.
3. Th...
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RBI |
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Master Circular-Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs
Posted Date : 02-Jul-2019 , 07:46:30 am | Posted By: CASANSAAR
RBI/2019-20/6
FIDD.CO.GSSD.BC.No.03/09.09.001/2019-20
July 01, 2019
The Chairman & Managing Director / CEO
All Scheduled Commercial Banks &
Small Finance Banks
Dear Sir/Madam,
Master Circular-Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Please refer to theMaster Circular FIDD.CO.GSSD.BC.No.06/09.09.001/2017-18 dated July 01, 2017consolidating guidelines / Instructions / directions issued to banks with regard to providing credit facilities to ...
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RBI |
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Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)
Posted Date : 02-Jul-2019 , 07:45:20 am | Posted By: CASANSAAR
RBI/2019-20/05
FIDD.GSSD.CO.BC.No.01/09.16.03/2019-20
July 01, 2019
The Chairman & Managing Director/CEO
All Scheduled Commercial Banks &
Small Finance Banks
Madam/Dear Sir,
Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)
Please refer to theMaster Circular on NULM FIDD.GSSD.CO.BC.No.11/09.16.03/2018-19 dated December 06, 2018containing the instructions / guidelines / directives issued to banks.
2. The Master Circular has been suitably...
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RBI |
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Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Posted Date : 02-Jul-2019 , 07:44:29 am | Posted By: CASANSAAR
RBI/2019-20/04
FIDD.GSSD.CO.BC.No.02/09.01.01/2019-20
July 01, 2019
The Chairman/ Managing Director & CEO
All Scheduled Commercial Banks &
Small Finance Banks
Dear Sir/Madam,
Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Please refer to theMaster Circular FIDD.GSSD.CO.BC.No.05/09.01.01/2018-19 dated July 03, 2018on Deendayal Antyodaya Yojana - National Rural Livelihoods Mission.
TheMaster Circularhas been suitably ...
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RBI |
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Master Circular- Credit Facilities to Minority Communities
Posted Date : 02-Jul-2019 , 07:43:42 am | Posted By: CASANSAAR
RBI/2019-20/03
FIDD.GSSD.BC.No.04/09.10.01/2019-20
July 01, 2019
The Chairman/ Managing Director/ Chief Executive Officer
All Scheduled Commercial Banks & Small Finance Banks
(Excluding RRBs and Foreign banks with less than 20 branches)
Dear Sir / Madam,
Master Circular- Credit Facilities to Minority Communities
Please refer to ourMaster Circular FIDD.GSSD.BC.No.01/09.10.01/2018-19 dated July 02, 2018, containing the instructions / guidelines / directives issued to banks ti...
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RBI |
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Master Circular – Facility for Exchange of Notes and Coins
Posted Date : 02-Jul-2019 , 07:42:56 am | Posted By: CASANSAAR
RBI/2019-20/02
DCM (NE) No. G-2/08.07.18/2019-20
July 01, 2019
The Chairman and Managing Director /
The Managing Director/
The Chief Executive Officer
All Banks
Madam / Dear Sir
Master Circular – Facility for Exchange of Notes and Coins
Please refer to theMaster Circular DCM (NE) No.G-2/08.07.18/2018-19 dated July 02, 2018containing instructions on the facility for exchange of notes and coins. A revised version ofMaster Circularon the subject is annexed for your informat...
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RBI |
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Master Circular – Detection and Impounding of Counterfeit Notes
Posted Date : 02-Jul-2019 , 07:42:14 am | Posted By: CASANSAAR
RBI/2019-20/01
DCM (FNVD) G –1/16.01.05/2019-20
July 1, 2019
The Chairman/ Managing Director /Chief Executive Officer
All Banks and
Director of Treasuries of all States
Dear Sir / Madam,
Master Circular – Detection and Impounding of Counterfeit Notes
Please refer to theMaster Circular DCM (FNVD) G - 1/16.01.05/2018-19 dated July 2, 2018consolidating the instructions issued till July 2, 2018, relating to Detection and Impounding of Counterfeit Notes. TheMaster Circul...
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RBI |
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Revision in Proforma and Reporting of Bank/Banking Outlet (BO) details under the CISBI
Posted Date : 29-Jun-2019 , 09:08:54 am | Posted By: CASANSAAR
RBI/2018-19/228
DBR.No.BAPD.BC.50/22.01.001/2018-19
June 28, 2019
The Chairman and Managing Director/Chief Executive Officer
All Commercial Banks (including Regional Rural Banks, Small Finance Banks,
Payments Banks and, Local Area Banks) and All India Financial Institutions (AIFIs)
Madam/Dear Sir,
Revision in Proforma and Reporting of Bank/Banking Outlet (BO) details under the Central Information System for Banking Infrastructure (CISBI)
Please refer to our circulars (i) Master...
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RBI |
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Permission to acquire financial asset from other Asset Reconstruction Companies (ARCs)
Posted Date : 29-Jun-2019 , 09:08:17 am | Posted By: CASANSAAR
RBI/DNBR/2018-19/227
DNBR.PD (ARC) CC.No.07/26.03.001/2018-19
June 28, 2019
The Chairman/Managing Director/Chief Executive Officer
All registered Asset Reconstruction Companies
Dear Sir/Madam,
Permission to acquire financial asset from other Asset Reconstruction Companies (ARCs)
Please refer toCircular DNBS (PD) CC.No.35/SCRC/26.03.001/2013-2014 dated January 23, 2014on the captioned subject.
2. In view of amendment to the Securitisation and Reconstruction of Financial Assets...
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RBI |
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Annual Return on Foreign Liabilities and Assets Reporting by Indian Companies
Posted Date : 29-Jun-2019 , 09:07:33 am | Posted By: CASANSAAR
RBI/2018-19/226
A.P. (DIR Series) Circular No. 37
June 28, 2019
To
All Category - I Authorised Dealer Banks
Madam/Sir,
Annual Return onForeign Liabilities and Assets
Reporting by Indian Companies
Attention of Authorised Dealer Category – I banks is invited toA.P. (DIR Series) Circular No.133 dated June 20, 2012which stipulated that all Indian companies which have received FDI and/or made FDI abroad (i.e. overseas investment) in the previous year(s) including the current...
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FEMA |
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Basel III Capital Regulations- Implementation of Leverage Ratio
Posted Date : 29-Jun-2019 , 09:06:49 am | Posted By: CASANSAAR
RBI/2018-19/225
DBR.BP.BC.No.49/21.06.201/2018-19
June 28, 2019
All Scheduled Commercial Banks
(excluding RRBs, LABs, Payments Banks and Small Finance Banks)
Dear Sir/Madam,
Basel III Capital Regulations- Implementation of Leverage Ratio
Please refer to ‘Part E: Leverage Ratio Framework’ of the Master Circular- Basel III Capital Regulations,DBR.No.BP.BC.1/21.06.201/2015-16 dated July 1, 2015.
2. As announced in theStatement on Developmental and Regulatory Policies...
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RBI |
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CBIC notifies extended due date of Form GSTR-9, GSTR-9A & GSTR-9C
Posted Date : 29-Jun-2019 , 08:53:52 am | Posted By: CASANSAAR
S.O.(E).––WHEREAS, sub-section (1) of section 44 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this Order referred to as the said Act) provides that every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall furnish an annual return for every financial year electronically in such form and manner as may be prescribed on or before the ...
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GST |
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CBIC clarifies GST treatment of secondary or post-sales discounts
Posted Date : 29-Jun-2019 , 08:52:15 am | Posted By: CASANSAAR
Circular No. 92/11/2019-GST dated 7th March, 2019 was issued providing clarification on various doubts related to treatment of sales promotion schemes under GST. Post issuance of the said Circular various representations have been received from the trade and industry seeking clarifications in respect of tax treatment in cases of secondary discounts or post sales discount. The matter has been examined in order to ensure uniformity in the implementation of the law across the field formations, the ...
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GST |
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Processing of refund in Form GST RFD-01A wrongly mapped on portal
Posted Date : 29-Jun-2019 , 08:51:18 am | Posted By: CASANSAAR
Doubts have been raised in respect of processing of a refund application by a jurisdictional tax authority (either Centre or State) to whom the application has been electronically transferred by the common portal in cases where the said tax authority is not the one to which the taxpayer has been administratively assigned. The matter has been examined. In order to ensure uniformity in the implementation of the provisions of the law across field formations, the Board, in exercise of its powers con...
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Category :
GST |
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Clarification regarding determination of place of supply in certain cases
Posted Date : 29-Jun-2019 , 08:49:53 am | Posted By: CASANSAAR
Various representations have been received from trade and industry seeking clarification in respect of determination of place of supply in following cases: -
(I) Services provided by Ports - place of supply in respect of various cargo handling services provided by ports to clients;
(II) Services rendered on goods temporarily imported in India - place of supply in case of services rendered on unpolished diamonds received from abroad, which are exported after cutting, polishing etc....
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GST |
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Clarification regarding applicability of GST on additional / penal interest
Posted Date : 29-Jun-2019 , 08:48:25 am | Posted By: CASANSAAR
Various representations have been received from the trade and industry regarding applicability of GST on delayed payment charges in case of late payment of Equated Monthly Instalments (EMI). An EMI is a fixed amount paid by a borrower to a lender at a specified date every calendar month. EMIs are used to pay off both interest and principal every month, so that over a specified period, the loan is fully paid off along with interest. In cases where the EMI is not paid at the scheduled time, there ...
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GST |
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Due date to furnish Form GST ITC-04 extended to 31.08.2019
Posted Date : 29-Jun-2019 , 08:45:35 am | Posted By: CASANSAAR
G.S.R… (E). - In pursuance of section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and sub-rule (3) of rule 45 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), and in supercession of the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 15/2019- Central Tax, dated the 28th March 2019, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number...
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GST |
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Central Goods and Services Tax (Fourth Amendment) Rules, 2019
Posted Date : 29-Jun-2019 , 08:44:29 am | Posted By: CASANSAAR
G.S.R……(E). - In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017, namely:-...
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GST |
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CBIC exempts OIDAR Service supplier from filing of form GSTR 9 / 9C
Posted Date : 29-Jun-2019 , 08:43:32 am | Posted By: CASANSAAR
G.S.R......(E).— In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as “the said Act”), the Central Government, on the recommendations of the Council, hereby notifies the persons registered under section 24 of the said Act read with rule 14 of the Central Goods and Services Tax Rules, 2017, (hereinafter referred to as “the said rules”), supplying online information and data base ac...
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GST |
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Due date to furnish Form GSTR-3B for July, 2019 to Sept, 2019
Posted Date : 29-Jun-2019 , 08:41:55 am | Posted By: CASANSAAR
G.S.R...(E).- In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017 (hereafter in this notification referred to as the said rules), the Commissioner, on the recommendations of the Council, hereby specifies that the return in FORM GSTR-3B of the said rules for each of the months from July, 2019 to...
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Category :
GST |
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Due date to furnish Form GSTR-1 for turnover of more than Rs.1.5 Cr extended
Posted Date : 29-Jun-2019 , 08:40:23 am | Posted By: CASANSAAR
G.S.R......(E). - In exercise of the powers conferred by the second proviso to sub-section (1) of section 37 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Commissioner, on the recommendations of the Council, hereby extends the time limit for furnishing the details of outward supplies in FORM GSTR-1 of the Central Goods and Services Tax Rules, 2017, by such class of registered persons having agg...
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Category :
GST |
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Due date to furnish Form GSTR-1 for turnover up to Rs. 1.5 Cr extended
Posted Date : 29-Jun-2019 , 08:39:07 am | Posted By: CASANSAAR
G.S.R......(E).— In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby notifies the registered persons having aggregate turnover of up to 1.5 crore rupees in the preceding financial year or the current financial year, as the class of registered persons who shall follow the special procedure as mentioned...
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Category :
GST |
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TDS returns in Form GSTR-7 due date extended to 31.08.2019
Posted Date : 29-Jun-2019 , 08:37:09 am | Posted By: CASANSAAR
G.S.R. .....(E).—In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), and in supercession of the notifications of the Government of India in the Ministry of Finance, Department of Revenue –...
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Category :
GST |
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Extension of Date and Method of doing DIR-3 KYC - MCA
Posted Date : 28-Jun-2019 , 09:17:09 am | Posted By: CASANSAAR
The Ministry of Corporate Affairs has received representations from stakeholders expressing certain difficulties in filing e-form DIR-3 KYC in accordance with Rule 12A of the Companies (Appointment and Qualification of Directors) Rules, 2014. Requests have also been made for extension of period for filing such form....
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Category :
Companies Act |
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Gold Card Scheme for Exporters - RBI
Posted Date : 28-Jun-2019 , 08:35:13 am | Posted By: CASANSAAR
RBI/2018-19/224
DBR.Dir.BC.No.48/04.02.002/2018-19
June 27, 2019
To
All Scheduled Commercial Banks
(Excluding RRBs)
All Small Finance Banks
All Local Area Banks
Dear Sir / Madam,
Gold Card Scheme for Exporters
Please refer to para 8.1.3 of theMaster Circular DBR No.DIR.BC.14/04.02.002/2015-16 dated July 01, 2015wherein detailed instructions on ‘Gold Card Scheme for Exporters’ have been given.
2. We have been receiving representations from exporters and their As...
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RBI |
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Bank branches to accept coins of all denominations tendered at their counters - RBI
Posted Date : 27-Jun-2019 , 08:24:43 am | Posted By: CASANSAAR
RBI/2018-19/223
DCM (NE) No.3057/08.07.18/2018-19
June 26, 2019
The Chairman and Managing Director /
The Managing Director/
The Chief Executive Officer
All Banks
Madam / Dear Sir,
Acceptance of coins
We invite a reference to ourcircular DCM (RMMT) No.2945/11.37.01/2017-18 dated February 15, 2018on the captioned subject and Paragraph 1 (d) of ourMaster Circular DCM (NE) No.G-2/08.07.18/2018-19 dated July 02, 2018 (updated as on January 14, 2019)on Facility for Exchange of Notes...
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Category :
RBI |
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Rupee Interest Rate Derivatives (Reserve Bank) Directions, 2019
Posted Date : 27-Jun-2019 , 08:23:16 am | Posted By: CASANSAAR
RBI/2018-19/222
FMRD.DIRD.19/14.03.046/2018-19
June 26, 2019
To
All participants in Rupee interest rate derivatives markets
Dear Sir/Madam
Rupee Interest Rate Derivatives (Reserve Bank) Directions, 2019
Please refer to Paragraph 8 of theStatement on Developmental and Regulatory Policies, Reserve Bank of India, issued as part of the sixth Bi-monthly Monetary Policy Statement for 2018-19 dated February 07, 2019regarding rationalization of interest rate derivative directions.
...
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Category :
RBI |
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