The next challenge in GST’s path is the formation of a council that will decide rates and rules, as the GST Bill has been passed by several Assemblies. A status check of the planned indirect tax regime: Source http://www.business-standard.com/September 5, 2016
‘We want capping of GST rate in law’ September 5, 2016 More than half the states have already passed the Constitution amendment Bill on GST. Do you think the GST could now be rolled out on April 1, 2017, as targeted by the government? Since the Bill has been passed and ratified by the required… Read More »
I have designed the expres sion euthanasia of manufacture from the Keynesian concept of euthanasia of the rentier. The concept of manufacture was born in 1944 when the Central Excise Act came into being and died in 2016 when the goods and services tax (GST) was introduced. So, it was 72 years old when it… Read More »
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 29th August, 2016 G.S.R. 831(E).—In exercise of the powers conferred in clause (zd) of the sub-section (2) of section 239 read with sub-section (5) of section 189 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby makes the following rules, namely:— 1.… Read More »
MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 1st September, 2016 S.O. 2835(E).— In exercise of the powers conferred by clause (b) of sub-section (1) of section 3 read with clause (i) of subsection (1) of section 4 and clause (b) of sub-section (1) of section 5 of the Minimum Wages Act, 1948 (11… Read More »
CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/78 September 02, 2016 To, The Managing Directors / Chief Executive Officers National Commodity Derivatives Exchanges Dear Sir / Madam, Sub: Spot Price Polling Mechanism 1. As per Section 131(4) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the erstwhile FMC or the Central Government applicable… Read More »
Office of the Commissioner of Sales Tax, 8th floor, Vikrikar Bhavan, Mazgaon, Mumbai-400010. TRADE CIRCULAR No. VAT/MMB-2015/47/2016-17/ADM-8 date 3rd September, 2016. Trade Cir. No. 24T of 2016 Subject : Clarification under Settlement of Arrears in Disputes Act, 2016 Ref: (1) The Maharashtra Settlement of Arrears in Disputes Act, 2016. (Act No. XVI of 2016) (2) Trade Circular No.… Read More »
Office of the Special Commissioner of Sales Tax, 3rd floor, Vikrikar Bhavan, Mazgaon, Mumbai-400010. TRADE CIRCULAR To No: MAHAVIKAS/e-Service Centres/e-Seva kendra/B-573 Trade Circular No. 23T of 2016 Date: 02/09/2016 Subject: Facility to submit the application for registration through e-Seva Kendra and help desk for new return submission. Background: The Department of Sales Tax has taken various… Read More »
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Notification No. 25/2015-2020 New Delhi Dated the 2nd September, 2016 Subject: Relaxation in export policy for export of Red Sanders wood under Sl. No. 188, Chapter 44 of Schedule 2 of ITC (HS) Classification of Export and Import 2012.… Read More »
Government of India Ministry of Commerce and Industry Department of Commerce Public Notice No. 28/2015-2020 New Delhi, Dated the 02 September 2016 Sub : Amendment in paragraph 4.61 of Hand Book of Procedures 2015-20. In exercise of powers conferred under Paragraph 2.04 of the Foreign Trade Policy 2015-2020, as amended from time to time, the… Read More »