CBDT-SOP for implementation of Prohibition of Benami Property Transactions Act 1988

CBDT-SOP for implementation of Prohibition of Benami Property Transactions Act 1988 following setting up of dedicated Benami Prohibition Units (BPUs) CBDT-SOP for implementation of Prohibition of Benami Property Transactions Act 1988 CBDT (Investigation Division) has issued a Standard  Operating  Procedure (SOP) with regard to implementation of Prohibition of Benami Property …

Aadhaar mandatory for beneficiaries of Ministry of Culture’s Scheme

Aadhaar mandatory for beneficiaries of Ministry of Culture Scheme Safeguarding the Intangible Cultural Heritage and Diverse Cultural Traditions of India MINISTRY OF CULTURE NOTIFICATION New Delhi, the 4th September, 2017 S.O. 3033(E).—Whereas, the use of Aadhaar as identity document for delivery of services or benefits or subsidies simplifies …

Exemption to suppliers of handicraft goods from GST registration

Exemption to suppliers of handicraft goods from GST registration – Persons making inter-State taxable supplies of handicraft goods exempted from GST registration if aggregate value of supplies do not exceed 20 lakh/10 lakhs  MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 8/2017–Integrated …

Job workers exempted from obtaining registration under GST

Job workers exempted from obtaining registration under GST where engaged in making inter-State supply of services to a registered person  MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 7/2017–Integrated Tax New Delhi, the 14th September, 2017 G.S.R. 1155(E).—In exercise of the powers conferred …

ITC credit claim of more than Rs One crore to be verified

ITC credit claim of more than Rs One crore to be verified by matching credit claimed with closing balance in returns filed under earlier laws MAHENDER SINGH Special Secretary & Member GOVERNMENT OF INDIA MINISTRY OF FINANCE / DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE & CUSTOMS NORTH …