Removal of pre-import condition and include specified deemed export supplies for exemption from integrated tax and Compensation cess : Notification No 01/2019 Customs

By | January 16, 2019

Seeks to remove pre-import condition and include specified deemed export supplies for exemption from integrated tax and Compensation cess for materials imported against Advance Authorizations and Advance Authorizations for Annual Requirement [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)… Read More »

Extension of CPE hours requirement for Calendar Year 2018

By | January 16, 2019

Extension of last date “for complying with the CPE hours requirement for the Calendar Year 2018” – from 31st December, 2018 to 31st January, 2019 – (11-01-2019) FOR INFORMATION OF THE MEMBERS Subject: Extension of last date “for complying with the CPE hours requirements for the Calendar Year 2018” – till 31st January, 2019 This… Read More »

GoM for boosting Real Estate Sector under GST regime

By | January 16, 2019

As per 32nd GST Council meeting decision on 10.01.2019 Constitution of Group of Minister (GoM) for boosting Real Estate Sector under GST regime-reg. Ministry of Finance 7-Member Group of Ministers (GoM) constituted for boosting the Real Estate Sector under the GST regime by providing a Composition Scheme for Residential Construction Units among others Posted On:… Read More »

Merchant exporter included in Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit : RBI

By | January 16, 2019

Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit RBI/2018-19/107DBR.Dir.BC.No.22/04.02.001/2018-19 January 11, 2019 All Scheduled Commercial Banks (excluding RRBs)Small Finance Banks andPrimary (Urban) Cooperative Banks Dear Sir / Madam, Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit Please refer to the operational instructions for the captioned scheme contained in RBI… Read More »

32nd GST Council meeting Decisions

By | January 15, 2019

Press note on decisions taken by the GST Council in the 32nd meeting held on 10th January, 2019 GST Council in the 32nd meeting held on 10th January, 2019 at New Delhi took following decisions to give relief to MSME (including small traders), and took following other decisions 1. Increase in turnover limit for the… Read More »