GST on supply of food/beverage by educational institution to students, faculty and staff is exempt if such supply is made by the institution itself Circular No. 85/04/2019- GST F. No. 354/428/2018-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit **** Room No. 156, North …

GST on Services of Business Facilitator (BF) or a Business Correspondent (BC) to Banking Company. Clarification on value and scope of services  Circular No. 86/05/2019- GST F. No. 354/428/2018-TRU Government of India Ministry of Finance Department of Revenue Tax research Unit **** Room No. 156, North Block, New …

CENVAT credit transition – Clarification on eligible duties u/s 140(1) of CGST Act, 2017. Goods in stock and goods and services in transit not covered Circular No. 87/06/2019-GST F. No. 267/80/2018-CX.8 Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs New …

Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda from 01.04.2019-Share exchange ratio and other rights of Shareholders of Transferor banks The Government has notified the Amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda Scheme, 2019.The Scheme shall come into force on the …

List of audit firms approved for appointment as Statutory Central Auditors in 21 Public Sector Banks for the year 2018-19 Sl. No. Name of the Bank Statutory Central Auditors for the year 2018-19 1 Allahabad Bank 1. M/s Nandy Halder & Ganguli, Kolkata 2. M/s P L Tandon …

CBDT Circular on TDS from salaries during FY 2018-19 u/s 192. Important points to be considered by employers/DDOs  CBDT has issued circular no. 1/2019 dated 1st January, 2019 on income tax deduction from salaries during the financial year 2018-19 under section 192 of the Income-tax Act, 1961 As per …