Govt gives relief for repayment of Loan and EMI I Interest I Working Capital I CA Satbir Singh
Govt gives relief for repayment of Loan and EMI I Interest I Working Capital I CA Satbir Singh
Category Archives: other Acts
GST TDS not applicable to Co-operative Society if not registered under society registration act 1860 : Tamil Nadu Authority of Advance Ruling
Tamil Nadu Authority of Advance Ruling M/s Tamil Nadu Coop Silk Producers Federaqtion Ltd Whether TDS provision under GST Act is applicable to the Co-operative Society since it is Registered under Tamil Nadu Cooperative Society Act of 1975 and not under society registration act 1860 (21 of 1860) TN/49/AAR/2019 dated 22.10.2019 Download Click here
Product K juice Grape fall under CTH 22021090 for GST: Tamil Nadu Authority of Advance Ruling
Tamil Nadu Authority of Advance Ruling M/s. Kalis Sparkling Water Private Limited 1.Whether their product K juice Grape fall under category of fruit beverages or fruit based drinks? 2. What is the rate of tax and HSN code for their product name? 3.Is there any preserved percentage of fruit or pulp in the beverages to… Read More »
Tamarind Fruit (undried) is classified in CTH 08109020: Tamil Nadu Authority of Advance Ruling
Tamil Nadu Authority of Advance Ruling Shri. Krishnaiahsetty Murali (Proprietor M/s. Murali Mogan Firm ) classification for the supply of “Tamarind Fruit (undried)” TN/43/AAR/2019 dated 26.09.2019 Download Click here
Carbonated Fruit Juice falls under Fruit Juices depending on flavour,these are not Aerated drinks: Tamil Nadu Authority of Advance Ruling
Tamil Nadu Authority of Advance Ruling M/s. Rich Dairy Products (India) Pvt Ltd Whether Carbonated Fruit Juice falls under Fruit Juices or Aerated drinks? TN/41/AAR/2019 dated 23.09.2019 Download Click here
Banks has to enter Aadhaar Number in Bank accounts opened for Direct Benefit Transfer (DBT) Scheme
Direct Benefit Transfer (DBT) Scheme – Implementation RBI/2019-20/40 FIDD.CO.LBS.BC.No.09/02.01.001/2019-20 August 13, 2019 The Chairmen / Managing Directors & CEOs Scheduled Commercial Banks (including Regional Rural Banks), Small Finance Banks and Payments Banks Madam / Dear Sir, Direct Benefit Transfer (DBT) Scheme – Implementation Please refer to Circular RPCD.CO.LBS.BC.No.75/02.01.001/2012-13 dated May 10, 2013 and RPCD.CO.LBS.BC.No.11/02.01.001/2013-14 dated July 9, 2013regarding… Read More »
Processing of e-mandate on cards for recurring transactions by Banks : RBI Instructions
RBI/2019-20/47 DPSS.CO.PD.No.447/02.14.003/2019-20 August 21, 2019 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks, including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Payments Banks / Small Finance Banks / Card Payment Networks / Prepaid Payment Instrument Issuers Madam / Dear Sir,… Read More »
Usage of ATMs – Free ATM transactions – Clarifications
RBI/2019-20/41 DPSS.CO.PD No. 377/02.10.002/2019-20 August 14, 2019 All Scheduled Commercial Banks including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Small Finance Banks / Payment Banks / White Label ATM Operators Madam / Sir, Usage of ATMs – Free ATM transactions – Clarifications Please refer to… Read More »
RTGS and NEFT Charges waived by RBI from 01.07.2019
RBI/2018-2019/208 DPSS (CO) RPPD No.2557/04.03.01/2018-19 June 11, 2019 The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS and / or NEFT Madam / Sir National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) systems – Waiver of charges Please refer to paragraph No. 8 of the Second… Read More »
RBI abolishes RTGS and NEFT charges. Banks to pass benefits to customers
The Reserve Bank levies minimum charges on banks for transactions routed through its Real Time Gross Settlement System (RTGS) meant for large-value instantaneous fund transfers and the National Electronic Funds Transfer (NEFT) System for other fund transfers. Banks, in turn, levy charges on their customers In order to provide an impetus to digital funds movement, it… Read More »