Month: October 2018

IGST Export Refunds-extension in SB005 alternate mechanism and revised processing including compensation Cess disbursal

IGST Export Refunds-extension in SB005 alternate mechanism and revised processing in certain cases including disbursal of compensation Cess Circular No. 40/2018-Customs F. No: 450/119/2017-Cus-IV Government of India Ministry of Finance Dept. of Revenue (Central Board of Indirect Taxes and Customs) **** Room No. 227B, North Block, New Delhi Dated, …

Appointment of Adjudicating Authority & establishment of Appellate Tribunal under Benami Property Act

Cabinet approves appointment of Adjudicating Authority and establishment of Appellate Tribunal under Prohibition of Benami Property Transactions Act, 1988  The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the appointment of Adjudicating Authority and establishment of Appellate Tribunal under Prohibition of Benami Property Transactions Act(PBPT), …

MoU between ICAI and CPA Afghanistan approved by Union Cabinet

Cabinet approves MoU between the Institute of Chartered Accountants of India and Certified Professional Accountants Afghanistan (CPA Afghanistan)  The Union Cabinet chaired by the Prime Minister of India has approved the signing of a Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and …

Supreme Court bans Bharat Stage­-IV compliant vehicle’s sale or registration in India from 01.04.2020.

Supreme Court bans Bharat Stage­-IV compliant vehicle’s sale or registration in India from 01.04.2020. Only BS-VI compliant vehicles to be sold after cut of date  ABCAUS Case Law Citation: ABCAUS 2590 (2018) (10) SC In 2003, the Government of India had announced the National Auto  Policy  based  on   the  recommendations of the  Mashelkar Committee constituted in 2001.  BS­-IV compliant vehicles were made compulsory for four …
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