Companies (Registered valuers and Valuation) Third Amendment Rules, 2018
Posted Date : 26-Sep-2018 , 08:07:21 am | Posted By: CASANSAAR
G.s.R.......(E).- In exercise of the powers conferred by section 242 read, with section 469 of the Companies Act,2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the companies (Registered valuers and Valuation) Rules, 2012 namely...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 2748
|
 |
Companies (Indian Accounting Standards) Second Amendment Rules, 2018
Posted Date : 25-Sep-2018 , 09:19:07 am | Posted By: CASANSAAR
G.S.R….. (E).— In exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013) and sub-section (1) of section 210A of the Companies Act, 1956 (1 of 1956), the Central Government, in consultation with the National Advisory Committee on Accounting Standards, hereby makes the following rules further to amend the Companies (Indian Accounting Standards) Rules, 2015, namely:-...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 1994
|
|
Co-origination of loans by Banks and NBFCs for lending to priority sector
Posted Date : 21-Sep-2018 , 08:03:35 pm | Posted By: CASANSAAR
RBI/2018-19/49
FIDD.CO.Plan.BC.08/04.09.01/2018-19
September 21, 2018
The Chairman / Managing Director/
Chief Executive Officer
All Scheduled Commercial Banks (excluding RRBs & SFBs) and
All NBFC-ND-SIs
Dear Sir/ Madam,
Co-origination of loans by Banks and NBFCs for lending to priority sector
Please refer to Para 3 of theStatement on Developmental and Regulatory Policiesof theThird Bi-Monthly Monetary Policy Statement 2018-19 dated August 1, 2018, introducing the Co-origin...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1717
|
|
DIR 3 KYC may be filed till 5th October with a fees of Rs.500
Posted Date : 21-Sep-2018 , 09:32:34 am | Posted By: CASANSAAR
During the financial year (2018-2019), fee of rupees five hundred shall be payable from 21.09.2018 to 05.10.2018 and fee of rupees five thousand shall be payable on or after 06.10.2018"
...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 2014
|
|
External Commercial Borrowings (ECB) Policy - Liberalisation
Posted Date : 20-Sep-2018 , 08:17:23 pm | Posted By: CASANSAAR
RBI/2018-19/48
A.P. (DIR Series) Circular No.9
September 19, 2018
To
All Category-I Authorised Dealer Banks
Madam / Sir
External Commercial Borrowings (ECB) Policy - Liberalisation
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.4.1 and 3.3.3 ofMaster Direction No.5 dated January 1, 2016on “External Commercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons other than Authori...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1670
|
|
Amendment to Schedule –V of the Companies Act 2013
Posted Date : 14-Sep-2018 , 08:43:52 am | Posted By: CASANSAAR
S.O. ......(E).-ln exercise of the powers conferred by sub-sections [1) and (2) of section 467 of the Companies Act, 2013 (18 of 2013J, the Central Government hereby makes the following amendments to amend Schedule V of the said Act, namely...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 2155
|
|
TCS provisions under GST effective from 01/10/2018
Posted Date : 14-Sep-2018 , 08:40:44 am | Posted By: CASANSAAR
G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government hereby appoints the 1 st day of October, 2018, as the date on which the provisions of section 52 of the said Act shall come into force....
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1810
|
|
TDS provisions under GST effective from 01/10/2018
Posted Date : 14-Sep-2018 , 08:39:10 am | Posted By: CASANSAAR
G.S.R. …..(E).— In exercise of the powers conferred by sub-section (3) of section 1 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and in supercession of the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 33/2017-Central Tax, dated the 15th September, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1163 (E), dated the 15th September, 2017, except as respects th...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 2286
|
|
CBIC notifies GSTR – 9C – Reconciliation Statement & Certification
Posted Date : 14-Sep-2018 , 08:37:29 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:-...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1864
|
|
Levy of GST on Priority Sector Lending Certificates (PSLC)
Posted Date : 14-Sep-2018 , 08:35:03 am | Posted By: CASANSAAR
The representations have been examined. With the approval of the GST Implementation Committee of the GST Council, it is clarified that GST on PSLCs for the period 1.7.2017 to 27.05.2018 will be paid by the seller bank on forward charge basis and GST rate of 12% will be applicable on the supply....
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1859
|
|
Extended due date to file Form GSTR-1 if T.O. up to Rs 1.5 crores
Posted Date : 11-Sep-2018 , 07:28:04 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), and in supercession of –...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 2205
|
|
Extended due date to file Form GSTR-1 if T.O. more than Rs 1.5 crores
Posted Date : 11-Sep-2018 , 07:26:38 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), and in supercession of –...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 2555
|
|
CBIC extends due date for filing of FORM GSTR-3B for newly migrated taxpayers
Posted Date : 11-Sep-2018 , 07:25:23 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) 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 makes the following amendments–...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1541
|
|
Due date to file FORM GSTR-3B for newly migrated taxpayers
Posted Date : 11-Sep-2018 , 07:23:41 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) 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 makes the following further amendments–...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1525
|
|
Due date to file FORM GSTR-3B for recently migrated taxpayers
Posted Date : 11-Sep-2018 , 07:22:43 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) 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 makes the following further amendments in notification number 34/2018 – Central Tax dated the 10th August, 2018 published in the Gazette of India, E...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1552
|
|
Extension of Due date of TRAN-1 and TRAN-2
Posted Date : 11-Sep-2018 , 07:21:37 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:-...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1909
|
|
Amendments to Reserve Bank of India (Note Refund) Rules, 2009
Posted Date : 08-Sep-2018 , 09:33:17 am | Posted By: CASANSAAR
RBI/2018-19/46
DCM (NE) No.657/08.07.18/2018-19
September 7, 2018
The Chairman and Managing Director /
The Managing Director/
The Chief Executive Officer
All Banks
Madam / Dear Sir,
Amendments to Reserve Bank of India (Note Refund) Rules, 2009
Please refer to theReserve Bank of India (Note Refund) Rules, 2009wherein all branches of banks have been delegated powers for exchange of mutilated / defective notes.
2. Reserve Bank of India has made amendments to the Reserve Bank o...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 10864
|
|
E-way bill in case of storing of goods in godown of transporter
Posted Date : 05-Sep-2018 , 09:17:38 am | Posted By: CASANSAAR
Various representations have been received on the matter pertaining to the textile sector and problems being faced by weavers & artisans regarding storage of their goods in the warehouse of the transporter. It has been stated that textile traders use transporters’ godown for storage of their goods due to their weak financial conditions. The transporters providing such warehousing facility will have to get themselves registered under GST and maintain detailed records in cases where the ...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1646
|
|
Processing of GST refund applications of Canteen Stores Department
Posted Date : 05-Sep-2018 , 09:16:10 am | Posted By: CASANSAAR
Vide notifications No. 6/2017-Central Tax (Rate), No. 6/2017-Integrated Tax (Rate) and No. 6/2017-Union territory Tax (Rate), all dated 28th June 2017, the Central Government has specified the Canteen Stores Department (CSD for short), under the Ministry of Defence, as a person who shall be entitled to claim a refund of fifty per cent. of the applicable central tax, integrated tax and Union territory tax paid by the CSD on all inward supplies of goods received by the CSD for the purposes of subs...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1465
|
|
CBIC clarification on 7 GST Refund Related Issues
Posted Date : 05-Sep-2018 , 09:15:10 am | Posted By: CASANSAAR
Various representations have been received seeking clarification on issues relating to refund. In order to clarify these issues and to ensure uniformity in the implementation of the provisions of law across the field formations, the Board, in exercise of its powers conferred by section 168 (1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as “CGST Act”), hereby clarifies the issues as detailed hereunder:...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1630
|
|
Recovery of arrears of wrongly availed CENVAT credit & inadmissible transitional credit
Posted Date : 05-Sep-2018 , 09:14:07 am | Posted By: CASANSAAR
Various representations have been received seeking clarification on the process of recovery of arrears of wrongly availed CENVAT credit under the existing law and CENVAT credit wrongly carried forward as transitional credit in the GST regime. In order to ensure uniformity in the implementation of the provisions of the law across the field formations, the Board, in exercise of its powers conferred under section 168 (1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as th...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1562
|
|
Principal-agent relationship in context of Schedule I of CGST Act
Posted Date : 05-Sep-2018 , 09:13:03 am | Posted By: CASANSAAR
In terms of Schedule I of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the “CGST Act”), the supply of goods by an agent on behalf of the principal without consideration has been deemed to be a supply. In this connection, various representations have been received regarding the scope and ambit of the principal-agent relationship under GST. In order to clarify some of the issues and to ensure uniformity in the implementation of the provisions of the law acro...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1560
|
|
CBIC extends time limit for making declaration in FORM GST ITC-01
Posted Date : 05-Sep-2018 , 09:10:25 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 clause (b) of sub-rule (1) of rule 40 of the Central Goods and Services Tax Rules, 2017, the Commissioner, hereby extends the time limit for making the declaration in FORM GST ITC-01 of the said rules, by registered persons who have filed the application in FORM GST-CMP-04 of the said rules between the 2 nd day of March, 2018 and the 31st day of March, 2018, for a period of thirty ...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1619
|
|
CBIC waives late fee for specified classes of taxpayers for Form GSTR-3B, GSTR-4 & GSTR-6
Posted Date : 05-Sep-2018 , 09:08:20 am | Posted By: CASANSAAR
G.S.R. (E).- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby waives the late fee paid under section 47 of the said Act, by the following classes of taxpayers:-...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 2236
|
|
CBIC extends time limit for making declaration in FORM GST ITC-04
Posted Date : 05-Sep-2018 , 09:07:16 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, and in supercession of the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 53/2017-Central Tax, dated the 28th October, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1346 (E), dated the 28th October, 2...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1776
|
|
Annual GST Return Forms notified by CBIC
Posted Date : 05-Sep-2018 , 09:04:47 am | Posted By: CASANSAAR
CBIC notified Annual return of GST for the period 01.07.2017 to 31.03.2018 which is required to be filed along with statutory GST audit report till 31.12.2018 vide Notification No. 39/2018 – Central Tax Dated 4th September, 2018....
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 2105
|
|
Govt Notifies Rule 11UAB for determination of fair market value for inventory
Posted Date : 01-Sep-2018 , 07:57:16 am | Posted By: CASANSAAR
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION No. 42/2018
New Delhi, the 30th August, 2018
INCOME-TAX
S.O. 4213(E).—In exercise of the powers conferred by clause (via) of section 28 read with section 295 of the Income-tax Act, 1961 (43 of 1961), hereinafter referred to as the Income-tax Act, the Central Government hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:‑
1. (1) These rules may be called th...
Continue Reading...
Category :
CBDT |
Comments :
0 | Hits : 2541
|
|
Rupee Drawing Arrangement – Remittance to the Chief Minister’s Distress Relief Fund- Kerala
Posted Date : 30-Aug-2018 , 12:36:54 pm | Posted By: CASANSAAR
RBI/2018-19/41
A. P. (DIR Series) Circular No. 5
August 29, 2018
To,
All Authorised Dealer Category - I Banks
Madam / Sir,
Rupee Drawing Arrangement – Remittance to the Chief Minister’s Distress Relief Fund- Kerala
Attention of Authorized Dealer Category – I (AD Cat – I) banks is invited to para 4 of theMaster Direction No.2/2015-16 dated January 1, 2016on Opening and Maintenance of Rupee/Foreign Currency Vostro Accounts of Non-resident Exchange Houses,...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 2154
|
|
MCA extends due date of DIR 3 KYC to 15th September 2018
Posted Date : 23-Aug-2018 , 08:33:59 am | Posted By: CASANSAAR
MCA wide notification dated 21st August 2018 has extended the last date of filing DIR -3KYC without any filing fees upto 15/09/2018
Government of India
MINISTRY OF CORPORATE AFFAIRS
Notification
New Delhi, 21st August,2018
G.S.R. (E).-In exercise of the powers conferred under second proviso to sub-section (1), sub-section (4), clause () of sub-section (6) of section 149, sub-section (3) and (4) of section 150, section 151, sub-section (5) of section 152,section 153, Section 15...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 2692
|
|
Due Date for filing GSTR 3B July 2018 extended to 24th Aug, 2018
Posted Date : 22-Aug-2018 , 09:31:35 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) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017, the Central Government, on the recommendations of the Council, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 34/2018- Central Tax, dated the 10th August, 2018, published in the Gazette of In...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 2167
|
|
|
|
