Monthly Archives: October 2016

Revision of Monetary limits for issuing Service tax notice by officers

By | October 5, 2016

Revision of Monetary limits for issuing Service tax notice by officers Central Government vide Notification No. 44/2016-Service Tax, Dated: September 28, 2016 has amended the adjudication power of officers. The revised limits are as under: S. No. Rank of the Central Excise Officer Amount of service tax or CENVAT credit specified in a notice issued… Read More »

National Advisory Committee on Accounting Standards framed by Govt

By | October 5, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 3rd October, 2016 S.O. 3118(E).-In exercise of the powers conferred by sub-section (1) of section 210A of the Companies Act, 1956, (1 of 1956), the Central Government hereby constitutes an Advisory Committee to be called the National Advisory Committee on Accounting Standards, consisting of the following persons,… Read More »

Holidays list for Central Government Offices Year 2017 Notified

By | October 5, 2016

Holidays list for Central Government Offices Year 2017 Holidays list for Central Government Offices Year 2017 has been notified by Following Notification of Govt of India F.No.12/8/2016-JCA-2 Government of India Ministry of Personnel, Public Grievances and Pensions (Department of Personnel and Training) JCA-2 Section North Block, New Delhi Dated the  24th June, 2016 Subject: Holidays… Read More »

Diagram for GST Registration in India

By | October 5, 2016

Diagram for GST Registration in India   Sr. No Form Number Content 1 GST REG 01 Application for Registration under Section 19(1) of Goods and Services Tax Act, 20– 2 GST REG 02 Acknowledgement 3 GST REG 03 Notice for Seeking Additional Information/ Clarification/ Documents relating to Application for<<Registration/Amendment/Cancellation>> 4 GST REG 04 Application for… Read More »

GST Registration Process for Existing Registered Dealer- Flow Chart

By | October 4, 2016

GST Registration Process for Existing Registered Dealer- Flow Chart   1. Provisional GST  Registration  for Existing Dealers :– As per section 142(1) of Model GST  ,the Existing registered dealers under any of the earlier laws shall be issued a certificate of GST registration on a provisional basis in such form and manner as may be… Read More »

RBI Revised repo rate for Standing Liquidity Facility for Primary Dealers

By | October 4, 2016

RBI/2016-17/75 REF.No.MPD.BC.381/07.01.279/2016-17 Ashwina 12,1938(Saka) October 4, 2016 To All Primary Dealers Dear Sir/Madam, Standing Liquidity Facility for Primary Dealers Please refer to the Fourth Bi-monthly Monetary Policy Statement, 2016-17 – Resolution of the Monetary Policy Committee (MPC), in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25… Read More »

Category: RBI

RBI Reduced Bank Rate

By | October 4, 2016

RBI/2016-17/74 DBR.No.Ret.BC.19/12.01.001/2016-17 October 04, 2016 The Chairperson / CEOs of all Scheduled and Non-Scheduled Banks, Dear Sir, Change in Bank Rate Please refer to circular DBR.No.Ret.BC.90/12.01.001/2015-16 dated April 05, 2016 on the captioned subject. 2. As announced in the Fourth Bi-Monthly Monetary Policy Statement 2016-17 dated October 04, 2016, the Bank Rate stands adjusted by… Read More »

Tax Digest & Referencer 2016 (2 Volumes)-Judgments of Supreme Court/High Courts

By | October 4, 2016

Yearly Tax Digest & Referencer (Set of 2 Volumes) Hardcover – 2016 Volume 1 : A Section -wise case book of Judgments of Supreme Court/High Courts reported in www.taxmann.com & various Tax Journals in year 2015. Also Incorporating:Section -wise Compendium of Circulars issued by CBDT during 2015, Text of notifications issued during 2015 ******* Volume… Read More »