Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Trade Notice No. 18/2016 Dated 23rd September 2016 To All RAs of DGFT Department of Revenue Members of Trade Export Promotion Councils Subject: Clarification in respect of definition of service provider under Common Service Providers (CSP)… Read More »
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Public Notice No. 33/2015-2020 New Delhi: The 23rd September, 2016 Subject: Amendment in ANF-5A [Application for issue of EPCG Authorisation] incorporating the guidelines for designating/certifying a Common Service Provider (CSP) under Para 5.02 (b) of FTP 2015-20 – reg.… Read More »
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. No. 61/2016 New Delhi, the 22nd September, 2016 S.O. 3018(E).-In exercise of the powers conferred by sub-section (I) read with clause (b) of the Explanation to Section 35 AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National… Read More »
F. No. 225/120/2016/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, Dated the 22nd of September, 2016 Subject : withdrawal of clarification regarding Sec. 138 of the Income tax Act, 1961 with reference to CBDT earlier notification No. SO 576 dated 23/05/2003, which was issued by… Read More »
DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhi-110055 Email: adg2 .systems@incometax.gov.in, Telephone: 0120-2770029 F.No. DGIT(S)/ADG(S)-2/CASS 2016-17/93/2016 Dated: 22.09.2016 The Principal Chief Commissioner of Income-Tax/ CCsIT (By Name) Ahmadabad /Allahabad I Amritsar / Bangalore /Baroda /Bhopal /Bhubaneswar /Bareilly /Chandigarh /Chennai / Cochin /Coimbatore /Dehradun /Delhi /Durgapur /Guwahati /Hubli /Hyderabad /Indore /Jaipur /Jalpaiguri… Read More »
DIRECTORATE OF INCOME TAX (SYSTEM) ARA Center, Ground Floor, E-2, Jhandewalan Extension, New Delhi – 110055 Dated : 23-Sep-2016 F.No. DIT(S)-III/2015-16/e-Filing Txn/ To, The Chief Commissioner of Income-Tax (Exemption) Pratyaksh Kar Bhawan, Block E-2, 25th Floor, Civic Centre, J.L. Nehru Marg, New Delhi — 110002.. Sub: : ITR-7 data related to exemptions approved u/s 35 and… Read More »
GST Payment of Tax BUY Q 1. What are the Payments to be made in GST regime? Ans. In the GST regime, for any intra-state supply, taxes to be paid are the Central GST (CGST, going into the account of the Central Government) and the State GST (SGST, going into the account of the concerned… Read More »
Seeks to exempt taxable service provided by State Government Industrial Development Corporations/ Undertakings by way of granting long term (thirty years, or more) lease of industrial plots to industrial units from so much of service tax which is leviable on the one time upfront amount (called as premium, salami, cost, price, development charges or by… Read More »
Valuation in GST -FAQ’s on GST by CBEC MGL = Model GST Law Q 1. What is the value of taxable supply to be adopted for the levy of GST? Ans. The value of taxable supply of goods and services shall ordinarily be ‘the transaction value’ which is the actually the price paid or payable,… Read More »
HIGH COURT OF GUJARAT Oil & Natural Gas Corporation Ltd. v. Assistant Commissioner of Income-tax (TDS) AKIL KURESHI AND A.J. SHASTRI, JJ. TAX APPEAL NOS. 368 AND 371 OF 2016 SEPTEMBER 15, 2016 Vankatraman, LD. Senior Advocate, Akshat Khare and Mrs. Suman Khare, Advocates for the Appellant. Manish Bhatt, LD. Senior Advocate and Mrs. Mauna… Read More »