CAclubindia News


Exemption from IGST on import of specific sports goods

   13 November 2017 at 10:40

In a major impetus to promoting sports in the country, the GST Council in its 23rd meeting held at Guwahati on 10th November, 2017, has exempted the import of specific sports goods by sports persons of outstanding eminence from the ambit of Integrate

Posted in GST |   3807 Views


Changes recommended in Composition Scheme

   11 November 2017 at 10:48

The following changes were recommended in the Composition Scheme on the basis of discussions held in the 23rd meeting of the GST Council held at Guwahati today.i. Uniform rate of tax @ 1% under composition scheme for manufacturers andtraders (for tra

Posted in GST  2 comments |   8400 Views


List of items with GST rate changes

   10 November 2017 at 20:18

Full List of 177 items with updated GST Tax rate at 18%. Detailed file attached below

Posted in GST  1 comments |   25890 Views


Recommendation made by GST council in 23rd meeting

   10 November 2017 at 20:18

Recommendations made by the GST Council in the 23rd meeting at Guwahati on 10th November, 2017

Posted in GST  8 comments |   41673 Views


Revision of GST Tran-1 only once

   10 November 2017 at 10:43

Revision of Form GST TRAN-1 for Taxpayers who had already filed it prior to 9th November 2017 is available on the GST Portal.If revision of Form GST TRAN-1 is resulting in downward credit, the Taxpayer should be able to revise and file only if he/she

Posted in GST  1 comments |   5925 Views


Form GSTR-4 online upload functionality now available on the GST Portal

   09 November 2017 at 10:41

Posted in GST |   6021 Views


Insolvency and Bankruptcy Board strengthens its Due Diligence Framework

   08 November 2017 at 10:35

Insolvency and Bankruptcy Board of India (IBBI) strengthens its Due Diligence Framework under the Insolvency and Bankruptcy Code, 2016 Now prior to approval of a Resolution Plan, the Resolution Applicants, including promoters, will be put to a string

Posted in Corporate Law |   2280 Views


MCA revises AoC-4 Non-XBRL & AoC-4 XBRL (Non-Ind AS) forms

   08 November 2017 at 10:35

AoC-4 Non-XBRL and AoC-4 XBRL(Non-Ind AS) forms are being revised and likely to be notified on 7th November 2017 including therein demonetization related changes. Stakeholders may plan accordingly and file using only the revised forms w.e.f. 8th Nove

Posted in Others  1 comments |   3399 Views


Direct tax collection shows growth of 15.2%, 89507 crore refund issued so far

   07 November 2017 at 17:16

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 7th November, 2017. Direct Tax Collections for F.Y. 2017-2018 show Growth of 15.2% up to October, 2017The provisional figures of Direct Tax collections

Posted in Income Tax |   2616 Views


Investigation in cases of Paradise Papers

   07 November 2017 at 10:27

Investigations in cases of ‘Paradise Papers’ to be monitored through reconstituted Multi Agency GroupRevelations made today in the media under the name ‘Paradise Papers’ [based upon expose done by the International Consortium

Posted in Others |   2166 Views