CAclubindia News

Show Cause Notice issued to 5,922 Associations for cancellation of FCRA registration

12 July 2017 at 11:53

As a one-time measure, all associations were given an opportunity by way of a Public Notice uploaded on fcraonline.nic.in on May 12, 2017 requiring the associations to file their missing Annual Returns pertaining to FY 2010-11 to 2014-15 within a per

Posted in Others | 4170 Views

CA Final and CPT results to be declared on 18th July 2017

11 July 2017 at 18:07

IMPORTANT ANNOUNCEMENTThe result of the Chartered Accountants Final Examination held in May 2017 and Common Proficiency Test (CPT) held in June 2017 are likely to be declared on Tuesday, the 18th July 2017 around 2.00 P.M. and the same as well as the

Posted in Students | 2 comments | 32253 Views

Multipurpose Empanelment Form (MEF) for the year 2017-18 is live now

11 July 2017 at 11:08

Multipurpose Empanelment Form (MEF) for the year 2017-18 is live now. We request all the members holding full time Certificate of Practice/firms as on 01.01.2017 to fill the Multipurpose Empanelment Form 2017-18 carefully and submit all the fields of

Posted in Professional Resource | 3 comments | 12162 Views

Gifts upto Rs 50000 by employer to employee outside GST ambit

11 July 2017 at 11:08

Gifts up to a value of Rs 50,000/- per year by an employer to his employee are outside the ambit of GST. However, gifts of value more than Rs 50,000/- made without consideration are subject to GST, when made in the course or furtherance of business.

Posted in GST | 1 comments | 7650 Views

New taxpayer service Aaykar Setu launched

11 July 2017 at 11:08

FM launches a new tax payer service module �Aaykar Setu� that compiles various tax tools, live chat facility, dynamic updates, and important links to various processes within the Income Tax Department in a single module; Says that this e

Posted in Income Tax | 2 comments | 4548 Views

GST rate for Sanitary Napkins

11 July 2017 at 11:08

There are some remarks made by various column writers on GST rate on sanitary napkins. It may be mentioned that the tax incidence on this item before and after GST is the same or less. Sanitary napkins are classifiable under heading 9619. In pre-GST,

Posted in GST | 1 comments | 7848 Views

Prices of appliances under UJALA revised after GST comes into effect

10 July 2017 at 10:30

9W LED bulbs to cost Rs70, 20W LED tube light to cost Rs 220 & 5-star rated fans will be available at Rs 1,200Consumers appealed not to pay any amount over and above the prices fixed by EESL for the UJALA appliancesThe prices of energy efficient

Posted in GST | 4923 Views

Clarification on Migration, New Registration, Composition Scheme and Issue of Bills of Supply

10 July 2017 at 10:30

The Rules related to Registration and Composition Scheme have been notified on 19th June, 2017. These Rules have been brought into effect from 22nd June, 2017. The intent of notifying these rules is to start the process of issue of registration certi

Posted in GST | 4 comments | 8649 Views

No officer to visit premises of traders and shopkeepers without authorization

10 July 2017 at 10:30

Clarification by the Office of the Chief Commissioner of GST (Delhi Zone) that no officer of the Department is authorized to visit the premises of the traders and shopkeepers without authorization; In case of any difficulty, complain at Phone no. 011

Posted in GST | 4 comments | 7398 Views

The state of J&K joins GST

10 July 2017 at 10:30

The State of Jammu and Kashmir joins GST today making the GST truly a "one nation, one tax" regime. The President of India has promulgated today two ordinances, namely, the Central Goods and Services Tax (Extension to Jammu and Kashmir) Ord

Posted in GST | 3537 Views