Month: November 2017
GST latest 37 Tweet FAQ by official twitter handle of the GoI GST latest 37 Tweet FAQ Question No. 1: I have submitted Bank guarantee and bond for export purpose. Now as per notification no. 37/2017- Central Tax, I am eligible to export under LUT. When can I …
Fifteenth Finance Commission Constitution Notification. Commission shall make its report available by 30th October, 2019, covering a period of five years Fifteenth Finance Commission Constitution Notification MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 27th November, 2017 S.O. 3755(E).—The following order made by the President …
GST latest 50 Tweet FAQs issued by official twitter handle of GoI for replying queries of taxpayers on GST related issues GST latest 50 Tweet Frequently Asked Questions and Answers Question 1: I was migrated as an assessee from the service tax law but under GST I have …
ROSL Schedule and rates for garments, made-up textile articles and Garments under AA-AIR combination MINISTRY OF TEXTILES Notification No.14/26/2016-IT New Delhi, the 24th November, 2017 SCHEME FOR REBATE OF STATE LEVIES (RoSL) ON EXPORT OF GARMENTS AND MADE UPS—POST GST RATES NOTIFIED In pursuance of the decision of the …
CBDT Instruction of tax effect applies to pending appeals also subject to the two caveats provided in Surya Herbal Ltd. Case – Supreme Court ABCAUS Case Law Citation:ABCAUS 2132 (2017) (11) SC In a recent judgment the Hon’ble Supreme Court had held that CBDT cannot issue circular with …
GST rates Notified to boost exports and employment generation in the labour intensive textiles and apparel sector. Press Information Bureau Government of India Ministry of Textiles 25-November-2017 16:03 IST Post-GST rates Notified to boost exports and employment generation in the labour intensive textiles and apparel sector In order …
Section 80-IC deduction unavailable on fixed deposit interest–High Court. The benefit is available only for carrying on business mentioned in sub-section (2) and profits and gains derived therefrom. ABCAUS Case Law Citation: ABCAUS 2131 (2017) (11) HC The Challenge/Grievance: The appellant assessee was aggrieved by the judgment …
Reopening for overlooking transactions with associated enterprises and not referring them to TPO for computation of at arms’ length income was not change of opinion – High Court ABCAUS Case Law Citation: ABCAUS 2130 (2017) (11) HC The petitioner company was incorporated in the United Kingdom and …
IGST-GST on Sale of goods in a Bonded Warehouse-applicability. If goods remain in warehouse, customs duty remain deferred till goods are ex-bonded Circular No. 46/2017-Customs F.No: 473/10/2017-LC Govt. of India Ministry of Finance Dept. of Revenue Central Board of Excise & Customs North Block, New Delhi Dated 24th November …
GST latest Twitter 41 FAQ on ITC Credit, PWD Nagar Nigam Contractor, Lost goods, supply to SEZ, Invoice verification, restaurants, returns, taxes etc. Question 1: Is ITC available on vehicle taken on lease for employee in a manufacturing company? Answer: No. It is not allowed as per …
