Anti-profiteering Rules, 2017 In exercise of the powers conferred by section 164 read with section 171 of the Central Goods and Services Tax Act, 2017(12 of 2017) the Central Government hereby makes the following rules, namely :- 1. Short title, extent and commencement.- (1) These rules may be called the Anti-profiteering Rules, 2017. (2) They… Read More »
Indian Customs EDI System ICES/Exports – Version 1.5 CHA-Customs Message Exchange – Export Message Format Document Version 2.0 (June,2017)
GST Goods and Service Tax Online ERP Software (Purchase Sales Inventory Finance) Affordable GST Ready ERP Application for your Business (Integrated Online GST Ready Application). GST ready Cloud based ERP Solutions for WholeSale, Manufacturing, Distribution, Servicing Industries.Contact for more details : +919818221720 Purchase Module | Sales Module Inventory Module | Finance Module Price Rs 17250… Read More »
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 16th June, 2017 INCOME-TAX S.O. 1927(E).—In exercise of the powers conferred by section 295 read with sub-section (9) of section 92CC of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules… Read More »
Shri Piyush Goyal Launches Energy Conservation Building Code 2017 Adoption of ECBC could lead to 30%-50% energy savings by commercial buildings Shri Piyush Goyal, Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines launched the Energy Conservation Building Code 2017 (ECBC 2017) here today. Developed by Ministry of Power and Bureau… Read More »
Canara Bank Empanelment of Concurrent Auditors by 2017-18 Canara Bank invites applications from the eligible/interested Proprietary Concerns / Firms / Companies for empanelment as Concurrent Auditors for conducting Continuous/Concurrent Audit in the identified 800 branches / units for the period from 01.07.2017 to 30.06.2018. Terms and conditions for Appointment, Fee structure, Methodology for application/ selection,… Read More »
CBDT Notifies Rule 10CB for Secondary Adjustments under Section 92CE of IT Act, 1961. Rule 10CB for operationalising the provisions of secondary adjustment has been notified by the Central Board of Direct Taxes on 15th June, 2017. It prescribes the time limit for repatriation of excess money and the rate of interest to be applied… Read More »
Hotels relieved: 28% GST on tariff of Rs 7,500 and above,18% tax on 5-star restaurants Branded mid-market and luxury hotels have a reason to cheer because the GST Council on Sunday relaxed the criteria for imposing the goods and services tax (GST) on hotel rooms. The Council decided that the 28 per cent GST would… Read More »
Carry forward of ITC under GST by Dealer paying Tax at Fixed rate under Existing Law As per Section 140(6) of the CGST Act A registered person, who was either paying tax at a fixed rate or paying a fixed amount in lieu of the tax payable under the existing law shall be entitled to… Read More »
Tax paid on Goods before GST but received after GST Act Implication For Dealers who Have Paid Tax Before Appointed Day But Will Receive Goods After Appointed Day As per Section 140(5) of CGST Act A registered person shall be entitled to take, in his electronic credit ledger, credit of eligible duties and taxes in… Read More »