Daily Archive: Friday, July 28, 2017

GST-Exporter eligible for refund of Compensation Cess paid on goods exported

Author: | Categories: GST No comments
Exporter eligible for refund of Compensation Cess paid on goods exported on similar lines as refund of IGST under section 16(3) (b) of the IGST, 2017 Circular No.1 /1/2017-Compensation Cess F.No.354/136/2017-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) ***** New Delhi, Dated 26th July,

 

Allowable investments by NRIs as FDI and on stock exchange as per Foreign Exchange Management Regulation

Author: | Categories: Finance Ministry No comments
Allowable investments by NRIs as FDI and on stock exchange as per Foreign Exchange Management Regulations. Statistics for last three years Press Information Bureau  Government of India Ministry of Finance 28-July-2017 15:42 IST Investments by NRIs as FDI and in stock changes  Non-Resident Indians (NRIs) can invest in India

 

RTI can create hindrance in free advice by civil servants – Finance Minister

Author: | Categories: Finance Ministry, RTI No comments
RTI can create hindrance in free advice by civil servants who may not feel free apprehending that later it may become public – Finance Minister Press Information Bureau  Government of India Ministry of Finance 28-July-2017 20:27 IST The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley:

 

GST on bottled water. Sale of bottled water on same rate post GST

Author: | Categories: GST No comments
GST on bottled water. For sale of bottled water on same rate post GST, sticker of revised lower MRP may be affixed which shall not cover MRP declaration by manufacturer  Press Information Bureau  Government of India Ministry of Consumer Affairs, Food & Public Distribution 28-July-2017 17:14 IST Sale of

 

GST-Due date for applying cancellation of registration extended to 30-09-2017. CGST (4th Amendment) Rules 2017

Author: | Categories: GST No comments
GST-Due date for applying cancellation of registrationby a person registered under any of the existing laws, who is not liable to be registered under GST laws, extended to 30-09-2017. Central Government notifies Central Goods and Services Tax (Fourth Amendment) Rules 2017 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD

 

ICAI notifies removal of Delhi based CA name from members register for 8 years

Author: | Categories: ICAI No comments
ICAI notifies removal of CA name from members register for 8 years. Delhi based CA was held guilty of misconduct by Council and Delhi High Court THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up under an Act of Parliament) NOTIFICATION New Delhi, the 10th July, 2017 (CHARTERED ACCOUNTANTS)

 

RBI sets up Supervisory Colleges for six Scheduled Commercial Banks having sizeable international presence

Author: | Categories: RBI No comments
RBI sets up Supervisory Colleges for six Scheduled Commercial Banks which have sizeable international presence  Press Information Bureau  Government of India Ministry of Finance 28-July-2017 15:39 IST RBI sets up Supervisory Colleges for six Scheduled Commercial Banks which have sizeable international presence  Reserve Bank of India (RBI) has informed