GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.124/2016 – Customs (N.T.) New Delhi, dated the 06 October, 2016 14 Asvina, 1938 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of… Read More »
Seeks to impose anti-dumping duty on Narrow woven Fabrics [Hook and Loop Velcro Tapes] of specified types, originating in or exported from Peoples Republic of China for a period of five years [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF… Read More »
TDS Rates Chart Rates for tax deduction at source [For Assessment year 2017-18] Financial Year 2016-17 Particulars TDS Rates (in %) 1. In the case of a person other than a company 1.1 where the person is resident in India- Section 192: Payment of salary Normal Slab Rate Section 192A: Payment of accumulated balance of provident fund… Read More »
Section Nature of default Penalty leviable (1) (2) (3) 140A(3) Failure to pay wholly or partly— Such amount as Assessing Officer may impose but not exceeding tax in arrears (a) self-assessment tax/fringe benefit tax, or (b) interest, or (c) both under section 140A(1) 158BFA(2) Determination of undisclosed income of block period Minimum : 100 per cent… Read More »
IRS Now Accepting ITIN Renewal Applications; Taxpayers Encouraged to Act Soon to Avoid Processing Delays in 2017 WASHINGTON — The Internal Revenue Service reminds taxpayers affected by recent changes involving the Individual Taxpayer Identification Number (ITIN) program that they can now begin submitting their ITIN renewal applications to the IRS. Under the Protecting Americans from… Read More »
GST Refund Process -Flow Chart Key Points about GST Refund :- The refund claimed in Part B of GSTR-3 shall be deemed to be an application filed for refund. The provisional refund, i.e., 80% of refund claimed shall be granted on satisfaction of following conditions:- ➢ Person claiming refund has not been prosecuted for… Read More »
GST Refund Formats Download Following GST Refund Formats:- GST RFD 01, GST RFD 02, GST RFD 03, GST RFD 04, GST RFD 05, GST RFD 06, GST RFD 07, GST RFD 08, GST RFD 09, GST RFD 10 Sl. No Form Number Content 1. GST RFD 01 Refund Application form -Annexure 1 Details of Goods… Read More »
Challan For Deposit of Goods and Services Tax GST PMT 4 Who has to pay Challan for Deposit of Goods and Services Tax ? A registered taxable person, or any other person on his behalf, shall generate a challan in FORM GST PMT-4 on the Common Portal and enter the details of the amount to… Read More »
GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE PUBLIC NOTICE No. 37/2015-2020 NEW DELHI, DATED THE 4thOCTOBER, 2016 Sub: Amendment in Para 4.94(a)(i), 4.94(a)(ii) and ANF-4I of Hand Book of Procedures 2015-20-reg In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 2015-2020, as amended from time to time, the… Read More »
Circular No. 46/2016 – Customs F.NO. 394/68/2013-cus (AS) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Anti-Smuggling Unit) Room No. 512, 5 th Floor, Hudco Vishala Building, K. Puram, New Delhi, dated 4th October 2016 All Principal Chief/Chief Commissioner of Customs/Customs (Preventive)/Central Excise/Service Tax All Principal Directors General/ Directors General of… Read More »