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GST Master Guide Cum Reckoner : UPDATED TILL 31.05.2018
GST Master Guide Cum Reckoner is now available. The book contains Section & Rule wise Index, Due Dates (illustrating relevant notifications), complete CGST Act, IGST Act, and Compensation Cess Act and along with relevant rules, notifications, circulars, press release incorporated at relevant places. All the changes have been properly displayed. The book comes in 2 volumes. To Purchase: CLICK HERE
Monthly Journal
Monthly Journal (E-Book) covers articles on important topics, due dates, notifications/circulars/press releases/etc of the preceding month. It covers Income Tax, GST, Service Tax, Excise Duty, Custom Duty, Company Law, SEBI, RBI, Labour Law, IRDAI & Miscellaneous. To Subscribe: CLICK HERE
Income Tax
Prompt investigation in fresh series of cases pertaining to ‘Panama Papers’
The fresh release made in the media today under ‘Panama Paper Leaks’ is being promptly looked into by the law enforcement agencies under the aegis of the Multi Agency Group (MAG) already constituted for facilitating coordinated and speedy investigation. As per the standard operating procedures in place for investigating such cases, examining the information revealed in the media release with the disclosures made by the alleged persons in the annual returns of income filed, particularly in the foreign assets (FA) schedule, foreign remittance details etc. will be undertaken expeditiously, followed by raising of [..] Read more at:
GST
Seeks to modify Circular No. 41/15/2018-GST
Circular No. 41/15/2018-GST dated 13.04.2018 was issued to clarify the procedure for interception of conveyances for inspection of goods in movement, and detention, release and confiscation of such goods and conveyances. 2. In order to clarify certain issues regarding the specified procedure in this regard and in order to ensure uniform implementation of the provisions of the CGST Act across all the field formations, the Board, in exercise of the powers conferred under section 168 (1) of the Central Goods and Services Tax Act, hereby issues the following modifications to the said Circular:- (i) In para 2 (e) of the [..] Read more at:
http://onlinelawsolutions.com/seeks-to-modify-circular-no-41152018-gst.html
Office Order regarding Sh.Amit Kashyap ETI, Kandhaghat Circle ordered tp perform duties as Reader to the Addl. Excise & taxation Commissioner SZ Shimla during earned leave period of Sh.Vikram Thakur, ETI, Reader w.e.f. 18 June 2018 to 7 July 2018: Himachal Pradesh GST
No. 2-13/2018- EXN-H-Estt— Excise & Taxation Department, Himachal Pradesh. Dated: Shimla-171009 the th, June, 2018. OFFICE ORDER Shri Amit Kashyap, ETI Kandaghat Circle, District Solan, H.P. is hereby ordered to perform duties as Reader to the Addl. Excise & Taxation Commissioner(South Zone), Shimla-9, in addition to his duties during the earned leave period of Shri Vikram Thakur, ETI/Reader w.e. f. 18-06-2018 to 07-07-2018. In-charge/Controlling Officer of the concerned official is directed to ensure implementation of above order forthwith. Prashant Sirkek (HAS) Jt. Excise & Taxation Commissioner [..] Read more at:
Notification regarding the Tripura State Goods and Services Tax (Sixth Amendment) Rules, 2018
In exercise of the powers conferred by section 164 of the Tripura Goods and Services Tax Act, 2017 (Tripura 9 of 2017), the state Government hereby makes the following rules further to amend the Tripura Goods and Services Tax Rules, 2017, namely:- (1) These rules may be called the Tripura Goods and Services Tax (Sixth Amendment) Rules, 2018. (2) Save as otherwise provided in these rules, they shall come into force from the 19th day of June, 2018. 2. In the Tripura Goods and Services Tax Rules, 2017, - (i) in rule 58, after sub-rule (1), the following sub-rule shall be inserted, namely:- “(1A) For the purposes of [..] Read more at:
Exemption for intra-state eWay bill: Chhattisgarh GST
Chhattisgarh Government has vide No. 10-31/2018/VAAK/5(46) exempted e-way bill for intra state movement of the items including Vanaspati, Confectionery, Pan Masala, Tobacco, Tiles, Iron & Steel etc. This notification comes into effect from 19.06.2018. [..] Read more at:
http://onlinelawsolutions.com/exemption-for-intra-state-eway-bill-chhattisgarh-gst.html
Corrigendum-Notification No-F-10-31/2018/CT/5(46) date-19/06/2018: Chhattisgarh GST
Chhattisgarh government has issued corrigendum to substitute “7202” by “7201” in serial no. 7 and insert “2523” before “6810” in serial no. 13. [..] Read more at:
Company Law
Invitation for public comments on Draft National Guidelines on Social, Environment & Economic Responsibility of Business, 2018
The National Guidelines on the Economic, Social and Environmental Responsibilities of Business (Guidelines) presented herein are the outcome of a process initiated by the Ministry of Corporate Affairs (MCA) in September 2015. After extensive discussions between the MCA and the Indian Institute of Corporate Affairs (IICA), it was decided to update the National Voluntary Guidelines on the Social, Environmental and Economic Responsibilities of Business (NVGs), which were released in 2011. Mandate & Rationale: The primary rationale for the update was to capture key national and international developments [..] Read more at:
RBI
Control measures for ATMs – Timeline for compliance
Please refer to our confidential Circular DBS.CO/CSITE/BC.8074/31.01.015/2016-17 dated April 17, 2017 (issued to banks) highlighting concerns about the ATMs running on Windows XP and/or other unsupported operating systems. A reference is also invited to our confidential Advisory No. 3/2017 dated March 06, 2017 and No. 13/2017 dated November 1, 2017 wherein the banks were advised to put in place, with immediate effect, suitable controls enumerated in the illustrative list of controls. 2. The slow progress on the part of the banks in addressing these issues has been viewed seriously by the RBI. As [..] Read more at:
http://onlinelawsolutions.com/control-measures-for-atms-timeline-for-compliance.html
Customer Service provided by agency banks
RBI/2017-18/205 DGBA.GBD.No.3214/45.01.001/2017-18 June 21, 2018 All Agency Banks (dealing with pension payments) Dear Sir / Madam Customer Service provided by agency banks Please refer to our circular no.DGBA.GAD.H-3085/45.01.001/2008-09 dated October 1, 2008 on the captioned subject. 2. We are receiving complaints from various quarters that pensioners are not being treated with due consideration by bank officials, specifically the old pensioners, when they come to the branches for pension related transactions. 3. Thus, all agency banks disbursing pension are advised to provide considerate and [..] Read more at:
http://onlinelawsolutions.com/customer-service-provided-by-agency-banks.html
ICAI
Launch of Batch of Educational Course by ICAI Registered Valuers Organsiation (ICAI RVO) at ICAI Chennai from 7th July, 2018 to 4th August, 2018
The ICAI Registered Valuers Organsiation (ICAI RVO) is launching its batch of Educational Course for taking IBBI Registered Valuers Examination for Securities or Financial assets class at Chennai from 7th July, 2018. This educational course is as per 1st proviso to Rule 5 (1) of Companies (Registered Valuers and valuation) Rules, 2018 and a precondition for taking IBBI Registered Valuers Examination The primary membership fee is Rs 5000 plus 18% GST= Rs 5900/- The fees for the Educational course is Rs 25000 plus 18% GST = Rs 29500/- The Fees for members who have participated/passed the Certificate [..] Read more at:
Launch of Batch of Educational Course by ICAI Registered Valuers Organsiation (ICAI RVO) at ICAI Kolkata from 30th June, 2018 to 22nd July, 2018
The ICAI Registered Valuers Organsiation (ICAI RVO) is launching its batch of Educational Course for taking IBBI Registered Valuers Examination for Securities or Financial assets class at Kolkata from 30th June, 2018 This educational course is as per 1st proviso to Rule 5 (1) of Companies (Registered Valuers and valuation) Rules, 2018 and a precondition for taking IBBI Registered Valuers Examination The primary membership fee is Rs 5000 plus 18% GST = Rs 5900/- The fees for the Educational course is Rs 25000 plus 18% GST = Rs 29500/- The Fees for members who have participated/passed the Certificate [..] Read more at:
Special discount for Professional Accountants of South Asian Region for registering in the World Congress of Accountants (WCOA), 2018 from November 5-8, 2018, Sydney, Australia
Special discount for Professional Accountants of South Asian Region for registering in the World Congress of Accountants (WCOA), 2018 from November 5-8, 2018, Sydney, Australia The World Congress of Accountants (WCOA) only happens once every four years and in 2018 the global accounting profession is coming to Sydney. WCOA 2018 is the global accounting conference that will bring the profession together to network, brainstorm and build a road map for the next four years. Connect with 6000 professionals from 130 countries, and hear from world class speakers discussing the most compelling topics of our [..] Read more at:
Launch of Batch of Educational Course by ICAI Registered Valuers Organsiation (ICAI RVO) at ICAI Jaipur from 14th July, 2018 to 11th August, 2018
The ICAI Registered Valuers Organsiation (ICAI RVO) is launching its batch of Educational Course for taking IBBI Registered Valuers Examination for Securities or Financial assets class at Jaipur from 14th July, 2018. This educational course is as per 1st proviso to Rule 5 (1) of Companies (Registered Valuers and valuation) Rules, 2018 and a precondition for taking IBBI Registered Valuers Examination The primary membership fee is Rs 5000 plus 18% GST= Rs 5900/- The fees for the Educational course is Rs 25000 plus 18% GST = Rs 29500/- The Fees for members who have participated/passed the Certificate Course [..] Read more at:
Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS) - Information Technology Test
IMPORTANT ANNOUNCEMENT No. 13-CA (EXAM)/Advanced ICITSS/2018/III 20th June, 2018 Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS) - Information Technology Test In partial modification of Important Announcement No. 13-CA (EXAM)/Advanced ICITSS/2018 dated 19th March 2018; it is hereby informed that Dubai City (United Arab Emirates) has been included in the list of examination cities for the forthcoming Advanced ICITSS - Advanced Information Technology Tests, scheduled on the following dates. 8 th July 2018, (Sunday) 19th August, 2018 (Sunday) and [..] Read more at:
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