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Duty-free goods sold to outbound ships taxable under GST
Duty-free goods sold to outbound ships taxable under GST By: FE Bureau | New Delhi | Published: June 9, 2018, 3:20 AM Duty-free goods sold to outbound ships taxable under GST. The Authority for Advance Ruling (AAR) in Andhra Pradesh has ruled that warehoused duty-free
Foreign Investment in India -Reporting in Single Master Form
Foreign Investment in India -Reporting in Single Master Form RBI(Reserve Bank of India) has issued a circular on 07 June 2018 regarding the Foreign Investment in India. The Content of the circular is as follows:- RBI/2017-18/194 A.P (DIR Series) Circular No.30 June 07, 2018 To All
Discrepancy in the Refund Status
The discrepancy in the Refund Status A hyperlink “View Export Ledger” on track Status page has been provided to taxpayers, to view details, return wise, to show them the difference of IGST and cess as shown in Form GSTR-3B and Form GSTR-1. Taxpayers can also
Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 Highlights
Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018 assented on 6th June 2018 1. Home buyers are given the status of Financial Creditors: This would imply that the home buyers would be able to file petitions under the IBC code against errant developers and will also be
Pending Matters Should be Priorities under GST
Pending Matters Should be Priorities Under GST Income Tax India has tweeted on its account that the pending matters should be priorities under GST. It is the message to all officers of the GST department. The Tweet is as follows:- “Assessing Officers have been directed
Government of West Bengal enhances the monetary limit for e-waybill
The government of West Bengal enhances the monetary limit for e-waybill Vide Notification No. 11/2018–C.T./GST dated 30.05.2018 Commissioner of State Tax had amended the appointed date from the 1st day of June 2018 to the 3rd day of June 2018. Thus, the provisions of rules 138
Circular No. 47/21/2018-GST
Circular No. 47/21/2018-GST F. No. CBEC- 20/16/03/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 08th June 2018 To, The Principal Chief Commissioners/ Chief Commissioners/Principal Commissioners/ Commissioners of Central Tax (All)/
Cascading Effects of Assessment U/S 144 for Partnership Firm
Cascading Effects of Assessment U/S 144 for Partnership Firm Assessment under section 144 popularly known as best judgment assessment is an assessment carried out as per the best judgment of the Assessing Officer. Best judgment assessment can only be made at the instance of certain failures
CBIC extends officer-interface mechanism for SB005 errors, GSTIN correction utility for SB003 errors
CBIC extends officer-interface mechanism for SB005 errors, GSTIN correction utility for SB003 errors CBIC vide Circular No.15/2018-Customs – dated – June 06, 2018 extends the alternative mechanism of officer interface to resolve mismatches between invoice details in GST Returns and those in Shipping Bills filed
Circular No. 14/2018-Customs
Circular No. 14/2018-Customs F.No: 476/02/2016-LC Govt. of India Ministry of Finance Dept. of Revenue Central Board of Excise & Customs Room No. 49, North Block New Delhi, dated 4th June 2018 To, Principal Chief Commissioners of Customs / Chief Commissioners of Customs. Principal Commissioners of
DIGEST–2018(CGST RULES 2017-2018)
DIGEST–2018(CGST RULES 2017-2018) All the CGST Rules and amendments issued till 30 May 2018 is compiled by the department is brought you by Advocate Lokesh Mittal. This contained all the CGST Rules 2017-2018 with the soft copy with the dates of the amendments are issued.
DIGEST–2018(CGST (Rate) NOTIFICATIONS)
DIGEST–2018(CGST (Rate) NOTIFICATIONS) Compilation of all the notifications of CGST related to rates issued by the department is brought you by Advocate Lokesh Mittal. This contained all the CGST(Rate) Notifications with the soft copy with the dates those are issued. These PDF contains the notifications