Day: August 19, 2017
Tax Appeal to High Court-what constitutes Substantial Question of Law ? The First Appellate Authority under the Income Tax Act, 1961 (the Act) is Commissioner of Income Tax (Appeals) . The second appeal against the order passed by (FAA) lies to the Income Tax Appellate Tribunal (ITAT). …
Last Date for Payment of Gst and Filing of Return for July 2017 Extended By 5 Days to 25th August 2017 by the GST Implementation Committee Press Information Bureau Government of India Ministry of Finance 19-August-2017 19:18 IST Last Date for Payment of Gst and Filing of Return …
GST Sectoral Series FAQ on IT-ITES containing 26 Questions & Answers by CBEC on queris related to GST on Information technology/IT enabled sectors GST Sectoral Series FAQ on IT-ITES Question 1: Whether software is regarded as goods or services in GST? Answer: In terms of Schedule II of the …
GST SECTORAL SERIES FAQ- Gems and Jewellery GST SECTORAL SERIES FAQ- Gems and Jewellery Question 1: Whether advertising and communication material (banners/hoardings/posters) provided to distributors would be treated as supply in the course of business by the company thereby not requiring any reversal of ITC. Answer: (a) Where the material is provided …
Draft Customs Brokers Licensing and Revocation Regulations 2017 by CBEC. Customs Brokers shall be licensed by a written examination process Draft Customs Brokers Licensing and Revocation Regulations 2017 CBEC has issued Draft Customs Brokers Licensing and Revocation Regulations, 2017. As per the Regulations, Customs Brokers shall be licensed and no …
RBI Introduces Rs 50 banknote in Mahatma Gandhi (New) Series The Reserve Bank of India will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Hampi with Chariot on …