CAclubindia News
Goods & Services Tax Collections Till Now
04 August 2018 at 13:16The Government maintains month-wise data of Goods & Services Tax collection. The details of collections from July, 2017 to June 2018 are at Annexure.The accounting of GST collections in the Central Government is done on the cash basis. Accordingl
Anti-dumping Duty on the import of Specified Stainless Steel Products
04 August 2018 at 13:16Anti-dumping Duty on the import of Specified Stainless Steel Products for providing relief to the Domestic Steel IndustryThe Government has imposed Anti- Dumping Duties on imports of specified Stainless-Steel Products vide: Notification No 61/2015- C
29th GST Council Meeting - Key Highlights and Decisions
04 August 2018 at 12:5429th Goods and Service Tax (GST) Council meeting to be held today on 4th August 2018 in New Delhi. Yesterday, prior to the 29th Council meeting, the preparatory meet was conducted to discuss the broad agendas of the meeting.What's Expected from t
Open Book Exam in the Electives of Paper 6 of Final (New) course
03 August 2018 at 15:45ICAI had introduced elective subjects in Paper 6 in the CA Final (New) course exam from May 2018 exam and onwards, which is being held on open book methodology.In this regard, it is hereby clarified that it has been decided as follows in respect of P
Benefits of Grant can be given without Aadhar
03 August 2018 at 11:06As per section 7 of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016, any individual who is desirous of availing any subsidy, benefit or service for which the expenditure is incurred from the Consolida
RBI raises Repo and Bank Rates by 25 Base points
02 August 2018 at 11:31RBI/2018-2019/31FMOD.MAOG. No.126 /01.01.001/2018-19August 1, 2018All Scheduled Commercial Banks (excluding RRBs),Scheduled Urban Co-operative Banks and Standalone Primary DealersMadam/Sir,Liquidity Adjustment Facility � Repo and Reverse Repo R
ICAI Opens Multipurpose Empanelment Form for the year 2018-19
02 August 2018 at 11:31Dear Professional Colleague,Greetings from Professional Development Committee!!!We are pleased to welcome you for filling Multipurpose Empanelment Form (MEF) Application for the year 2018-19 with the following key highlights: Acceptance of digitally
Rs. 96,483 crores of GST Collected in July 2018
02 August 2018 at 11:31The Total Gross GST Revenue collected in the month of July 2018 is Rs. 96,483 crore of which CGST is Rs. 15,877 crore, SGST is Rs. 22,293 crore, IGST is Rs. 49,951 crore (including Rs. 24,852 crore collected on imports) and Cess is Rs. 8,362 crore (i
Two Businessmen arrested for issuing Fraudulent ITC Invoices under GST
02 August 2018 at 11:31Central GST Delhi West Commissionerate arrests two Rohini based businessmen today in national capital in a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods involving tax evasion of approximately Rs. 201 cr
Rs. 54,378 crore of Refunds processed under GST 3rd Refund Fortnight
02 August 2018 at 11:31Total Rs 54,378 crore of Refunds processed by the Centre and the States till 31st July, 2018 under GST during the Third Refund Fortnight.As part of the continued focus of the Government of India to liquidate pending GST refunds, the Central Board of
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