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:...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 1389
|
 |
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1265
|
|
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...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 1477
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1126
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1315
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1232
|
|
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 ...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1189
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1143
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1155
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1107
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1178
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1157
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1095
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1142
|
|
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)...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1159
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1174
|
|
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 ...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1212
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1161
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1278
|
|
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...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1285
|
|
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, ...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1433
|
|
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...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1115
|
|
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...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1091
|
|
Last Date for filing Income Tax Return extended to 31/08/2018
Posted Date : 26-Jul-2018 , 07:16:46 pm | Posted By: CASANSAAR
F. No. 225/242/2018/ITA.II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes (ITA.II division)
North-Block, New Delhi, the 26th July, 2018
Order under Section 119 of the Income-tax Act, 1961
For certain categories of taxpayers, the ‘due-date’ of filing income-tax return for assessment-year 2018-2019 is 31.07.2018. Upon consideration of the matter, the Central Board of Direct Taxes, in exercise of its powers under section 11...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 1087
|
|
Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018
Posted Date : 26-Jul-2018 , 08:42:17 am | Posted By: CASANSAAR
RBI/2018-19/24
FMRD.DIRD.01/14.03.038/2018-19
July 24, 2018
To
All participants in repo markets
Dear Sir/Madam
Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018
Please refer to Paragraph 5 of thestatement on Developmental and Regulatory Policies, Reserve Bank of India issued as part of thesixth Bi-monthly Monetary Policy Statement for 2017-18 dated February 07, 2018regarding issuance of comprehensive repo directions.
2. The draft directions were released for pu...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1163
|
|
Secondary Market Transactions in Government Securities – Short Selling
Posted Date : 26-Jul-2018 , 08:41:19 am | Posted By: CASANSAAR
RBI/2018-19/26
FMRD.DIRD.05/14.03.007/2018-19
July 25, 2018
All participants in Central Government securities market
Madam/Sir,
Secondary Market Transactions in Government Securities – Short Selling
TheStatement on Developmental and Regulatory Policies released by RBI on June 06, 2018proposed to liberalise the eligible short sale participant base and increase the entity-wise and security category-wise (liquid/other securities) limits for short selling in Government Securiti...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1115
|
|
CBDT Revised Format of Form No. 3CD wef 20th August, 2018
Posted Date : 24-Jul-2018 , 07:54:42 am | Posted By: CASANSAAR
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi
Notification No.33/2018, Dated: July 20, 2018
G.S.R. 666(E).– In exercise of the powers conferred bysection 44ABread with section 295 of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the Income-tax Act), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1. (1) These rules may be call...
Continue Reading...
Category :
CBDT |
Comments :
0 | Hits : 2226
|
|
Interest rates for Small Savings Schemes
Posted Date : 20-Jul-2018 , 07:47:34 am | Posted By: CASANSAAR
RBI/2018-19/22
DGBA.GBD.123/15.02.005/2018-19
July 19, 2018
The Chairman/Chief Executive Officer
Agency Banks handling Small Saving Schemes
Dear Sir
Interest rates for Small Savings Schemes
Please refer to ourcircular DGBA.GBD.2573/15.02.005/2017-18 dated April 12, 2018on the above subject. The Government of India, has vide their Office Memorandum (OM) No.F.No.01/04/2016–NS dated July 2, 2018 has stated that the interest rates on Small Savings Schemes for the second quarte...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1377
|
|
Appointment of Authorised Representative for Classes of Creditors under IBC
Posted Date : 14-Jul-2018 , 08:09:37 am | Posted By: CASANSAAR
Section 21 (6A) (b) of the Insolvency and Bankruptcy Code, 2016 (Code) read with regulation 16A (1) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (Regulations) provide that where the corporate debtor has at least ten financial creditors in a class, the interim resolution professional shall offer a choice of three insolvency professionals and a creditor in the class may indicate its choice of an insolvency professional, fro...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 1864
|
|
Applications for appointment to the posts of Member (Judicial/ Accountant) in ITAT
Posted Date : 14-Jul-2018 , 07:48:45 am | Posted By: CASANSAAR
GOVERNMENT OF INDIA
MINISTRY OF LAW AND JUSTICE
DEPARTMENT OF LEGAL AFFAIRS
****
CIRCULAR
Subject: Applications for appointment to the posts of Member (Judicial/ Accountant), Income Tax Appellate Tribunal.
****
In exercise of the powers conferred by section 252 of the Income-Tax Act, 1961, the Central Government has constituted the Income Tax Appellate Tribunal to hear appeals against the orders passed by various authorities stated in section 253 of the Act.
2. Applications a...
Continue Reading...
Category :
Income Tax |
Comments :
0 | Hits : 2000
|
|
|
|
