GST on ambulance services to Govt by private sector under NHM
Posted Date : 02-Aug-2018 , 12:01:50 pm | Posted By: CASANSAAR
I am directed to invite your attention to the Circular No. 210/2/2018- Service Tax, dated 30th May, 2018. The said Circular has been issued in the context of service tax exemption contained in notification No. 25/2012- Service Tax dated 20.06.2012 at Sl. No. 2 and 25(a). The Circular states, inter alia, that the service of transportation in ambulance provided by State Governments and private service providers (PSPs) to patients are exempt under notification no 25/2012- Service Tax dated 20th Jun...
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Withdrawal of circular related to GST rate applicable on catering services
Posted Date : 02-Aug-2018 , 11:57:38 am | Posted By: CASANSAAR
The Circular No. 28/02/2018-GST, dated 08.01.2018 as amended vide Corrigendum dated 18.01.2018 was issued to clarify GST rate applicable on catering services, i.e., supply of food or drink in a mess or canteen in an educational institute. Also, Order No 02/2018-Central Tax dated 31.03.2018, was issued to clarify GST rate on supply of food and/or drinks by the Indian Railways or Indian Railways Catering and Tourism Corporation Ltd. or their licensees, in trains or at platforms (static units)....
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Standing Liquidity Facility for Primary Dealers - Reserve Bank
Posted Date : 02-Aug-2018 , 08:35:02 am | Posted By: CASANSAAR
RBI/2018-19/33
REF. No. MPD.BC. 384/07.01.279/2018-19
August 01, 2018
All Primary Dealers,
Standing Liquidity Facility for Primary Dealers
In theThird Bi-monthly Monetary Policy Statement 2018-19 of the Monetary Policy Committee (MPC), the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points to 6.50 per cent from 6.25 per cent with immediate effect.
2. Accord...
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Change in Bank Rate - Reserve Bank
Posted Date : 02-Aug-2018 , 08:33:59 am | Posted By: CASANSAAR
RBI/2018-19/32
DBR.No.Ret.BC.03/12.01.001/2018-19
August 1, 2018
The Chairperson / CEOs of all Scheduled and Non Scheduled Banks
Dear Sir / Madam,
Change in Bank Rate
Please refer to ourcircular DBR.No.Ret.BC.107/12.01.001/2017-18 dated June 6, 2018on the captioned subject.
2. As announced in theThird Bi-Monthly Monetary Policy Statement 2018-19 dated August 1, 2018, the Bank Rate stands adjusted by 25 basis points from 6.50 per cent to 6.75 per cent with immediate effect.
...
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Liquidity Adjustment Facility – Repo and Reverse Repo Rates
Posted Date : 02-Aug-2018 , 08:33:02 am | Posted By: CASANSAAR
RBI/2018-2019/31
FMOD.MAOG. No.126 /01.01.001/2018-19
August 1, 2018
All Scheduled Commercial Banks (excluding RRBs),
Scheduled Urban Co-operative Banks and Standalone Primary Dealers
Madam/Sir,
Liquidity Adjustment Facility – Repo and Reverse Repo Rates
As announced in theThird Bi-monthly Monetary Policy Statement, 2018-19today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity Adjustment Facility (LAF) b...
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Marginal Standing Facility - RBI
Posted Date : 02-Aug-2018 , 08:32:01 am | Posted By: CASANSAAR
RBI/2018-2019/30
FMOD.MAOG.No.127/01.18.001/2018-19
August 1, 2018
All Scheduled Commercial Banks (excluding RRBs)
Madam/Sir,
Marginal Standing Facility
As announced in theThird Bi-monthly Monetary Policy Statement, 2018-19today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.25 per cent to6.50 per centwith immediate effect.
2. Consequent to the change in ...
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Companies (Incorporation) 3rd Amendment Rules 2018 dated 27.07.2018
Posted Date : 31-Jul-2018 , 08:53:04 am | Posted By: CASANSAAR
G.S.R.(E)._ In exercise of the powers conferred by section 3, sub-section (1) of section 7 and sub-sections (1) and (2) of section 469 of the Companies Act,2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Incorporation) Rules, 2014, namely: -...
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Companies Act |
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MCA notifies 2 more sections of Companies (Amendment) Act, 2017
Posted Date : 31-Jul-2018 , 08:49:48 am | Posted By: CASANSAAR
Government of India
Ministry of Corporate Affairs
Notification
New Delhi, the 27th July, 2018
S.O. ______ (E).- In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2017 (1 of 2018), the Central Government hereby appoints the day of 27th July, 2018 as the date on which the following provisions of the said Act shall come into force, namely:...
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Companies Act |
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CBIC extends due date for filing of FORM GSTR-6
Posted Date : 31-Jul-2018 , 08:46:18 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 supersession of notification No. 25/2018-Central Tax, dated the 31st May, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 517 (E), dated the 31st May, 2018, except as respects things done or omitted to be done before such...
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Panipat notified as a Town of Export Excellence for Carpets, Bed Linen and Other Textile Floor Coverings
Posted Date : 28-Jul-2018 , 09:12:52 am | Posted By: CASANSAAR
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Public Notice No.25/2015-20
New Delhi, dated: 27 July, 2018
Subject: Amendment in Appendix 1B, Hand Book of Procedure 2015-20.
In exercise of powers conferred under paragraph 1.03 ofForeign Trade Policy 2015-20, the Director General of Foreign Trade hereby makes the following amendment in Appendix 1B notified videPublic Notice No. 01/2015-20 dated 01.04.2015.
2. The...
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Corporate Laws |
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Concessional CGST rate on specified handicraft items WEF 27.07.2018
Posted Date : 28-Jul-2018 , 09:07:33 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts the intra-state supplies of handicraft goods, the description of which is specified in column (3) of the Table below, falling under the tariff item, sub-heading, heading or Chapter, as specified in the cor...
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CBIC allows Refund of GST credit to fabric manufacturers
Posted Date : 28-Jul-2018 , 09:06:29 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) of section 54 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 further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.5/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Se...
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Changes in List of goods exempt from CGST wef 27.07.2018
Posted Date : 28-Jul-2018 , 09:05:14 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 11 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 further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.2/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide...
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Revised CGST rates on various Goods WEF 27th July, 2018
Posted Date : 28-Jul-2018 , 09:03:46 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 9 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 further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.1/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide ...
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Composite supply of works contract to Govt- Term ‘Business’ clarified
Posted Date : 28-Jul-2018 , 09:02:50 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (3) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, and on being satisfied that it is necessary so to do for the purpose of clarifying the scope and applicability of the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.11/2017- Central Tax (Rate), dated the 28thJune, 2017, published in the Gaze...
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CGST: RCM on services by individual DSAs to banks/ NBFCs wef 27.07.2018
Posted Date : 28-Jul-2018 , 09:01:39 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (2) of section 7 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.14/2017- Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide n...
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CGST on Services in relation to a function entrusted to a municipality
Posted Date : 28-Jul-2018 , 09:01:07 am | Posted By: CASANSAAR
GSR......(E).- In exercise of the powers conferred by sub-section (3) of section 9 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 further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.13/2017- Central Tax (Rate), dated the 28thJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), v...
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CBIC notifies CGST exemption on certain services from 27th July, 2018
Posted Date : 28-Jul-2018 , 08:59:44 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.12/2017- Central Tax (Rate), dated the 28thJune, 2017, published in...
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Revised CGST rates on various services WEF 27th of July, 2018
Posted Date : 28-Jul-2018 , 08:58:45 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 9, subsection (1) of section 11, sub-section (5) of section 15 and sub-section (1) of section 16 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finan...
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Concessional IGST rate on specified handicraft items WEF 27.07.2018
Posted Date : 28-Jul-2018 , 08:56:12 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts the inter-state supplies of handicraft goods, the description of which is specified in column (3) of the Table below, falling under the tariff item, sub-heading, heading or Chapter, as specified in the c...
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CBIC allows Refund of IGST credit to fabric manufacturers
Posted Date : 28-Jul-2018 , 08:55:13 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by clause (ii) of the proviso to sub-section (3) of section 54 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with section 20 of the Integrated Goods and Services Tax Act, 2017 (13 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.5/2017- Integrated Tax (Rate), dated th...
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Changes in List of goods exempt from IGST wef 27.07.2018
Posted Date : 28-Jul-2018 , 08:53:56 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.2/2017- Integrated Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)...
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Revised IGST rates on various Goods WEF 27th July, 2018
Posted Date : 28-Jul-2018 , 08:52:55 am | Posted By: CASANSAAR
G.S.R. (E). - In exercise of the powers conferred by sub-section (1) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 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. 1/2017- Integrated Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide...
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IGST on Composite supply of works contract to Govt: Term ‘Business’ clarified
Posted Date : 28-Jul-2018 , 08:51:32 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (3) of section 6 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, and on being satisfied that it is necessary so to do for the purpose of clarifying the scope and applicability of the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.8/2017- Integrated Tax (Rate), dated the 28thJune, 2017, published in the ...
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GST |
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IGST on Services in relation to a function entrusted to a municipality
Posted Date : 28-Jul-2018 , 08:47:28 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by clause (i) of section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) read with sub-section (2) of section 7 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.11/2017- Integrated Tax (Rate), dated the 28th Jun...
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RCM on services by individual DSAs to banks/ NBFCs wef 27.07.2018
Posted Date : 28-Jul-2018 , 08:46:24 am | Posted By: CASANSAAR
GSR......(E).- In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.10/2017- Integrated Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section...
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CBIC notifies IGST exemption on certain services from 27th of July, 2018
Posted Date : 28-Jul-2018 , 08:45:07 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.9/2017- Integrated Tax (Rate), dated the 28th June, 2017, publishe...
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IGST rates on various services with effect from 27th July, 2018
Posted Date : 28-Jul-2018 , 08:44:17 am | Posted By: CASANSAAR
G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 5, subsection (1) of section 6 and clause (iii) and clause (iv) of section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) read with sub-section (5) of section 15 and subsection (1) of section 16 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do, ...
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Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by banks
Posted Date : 27-Jul-2018 , 09:29:11 pm | Posted By: CASANSAAR
RBI/2018-19/28
DBR.BP.BC.No.002 /21.04.141/2018-19
July 27, 2018
All Banks and
All India Financial Institutions,
Dear Sir,
Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by banks – Valuation of State Development Loans
Please refer to paragraph 2 of theStatement on Developmental and Regulatory Policies, issued as part of thesecond Bi-monthly Monetary...
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RBI |
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Diversification of activities of Standalone Primary Dealers-Foreign Exchange Business
Posted Date : 27-Jul-2018 , 09:28:01 pm | Posted By: CASANSAAR
RBI/2017-18/27
DNBR (PD) CC.No.094/03.10.001/2017-18
July 27, 2018
All Standalone Primary Dealers
Madam/Sir,
Diversification of activities of Standalone Primary Dealers-Foreign Exchange Business
Please refer to Para 11 of the Statement on Developmental and Regulatory Policies issued as part of theSecond Bi-monthly Monetary Policy Statement for 2018-19, dated June 06, 2018, on expanding activities of Standalone Primary Dealers (SPDs).
2. In order to facilitate SPDs to provide c...
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RBI |
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