CAclubindia News

GST Actionable Claim On Branded Food Products

23 September 2017 at 13:16

Notification Issued For GST Actionable Claim On Branded Food Products The GST Council, in its 21st meeting held on 9th September, 2017 at Hyderabad has, inter alia, recommended that for 5% GST rate on cereals, pulses and flours etc. put up in unit co

Posted in GST | 1 comments | 6294 Views

Tax Payers Advised To Confirm Identities Of Income Tax Search Authorities

23 September 2017 at 13:16

The Income Tax Department in the Delhi region regularly conducts search/survey/verification exercises in case of suspected tax evaders to uncover concealment of undisclosed income/assets as per the law.However, instances have been brought to the noti

Posted in Income Tax | 4677 Views

Blockage of Working Capital of Exporters

23 September 2017 at 13:16

There are lot of apprehensions expressed in the media about the problem of blockage of working capital for exporters post-GST. There are various figures also being discussed on the blockage of such funds, which are wild estimates. Such media reports

Posted in GST | 4026 Views

Clarification about 65000 crore transitional credit

23 September 2017 at 13:16

There are lot of speculations in the media about the credit of Rs. 65,000 crore claimed by taxpayers in respect of Central Excise and Service Tax in the pre-GST period. Some people are under the impression that because of Rs. 65,000 crore claimed as

Posted in GST | 2 comments | 4275 Views

Submission of GST Tran-1 period extended till 31st October

22 September 2017 at 10:56

F. No. 349/58/2017-GST Government of India Ministry of Finance Department of Revenue Central Board ofFrise and Customs New Delhi, the 21st September. 2017 Order No. 03/2017-GST Subject: Extension of time limit for submitting the declaration in FORM G

Posted in GST | 9 comments | 27117 Views

Form 67 enabled in efiling for claiming foreign tax credit

22 September 2017 at 10:46

DGIT(S)-ADG(S)-3/e-filing notification/form67_____ /2017 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No 9 New Delhi 19th September, 2017 Procedure for filing Statement of inc

Posted in Income Tax | 1 comments | 5049 Views

New Registration process for effective communication between taxpayer and department enabled

22 September 2017 at 10:46

New Registration process to facilitate effective communication between the taxpayer and department is enabled. The existing e-Filing users are required to update their profile by logging into e-Filing account. Users who have registered already and no

Posted in Income Tax | 5 comments | 4851 Views

Invitation for empanelment as Examiners for CA Exams

22 September 2017 at 10:46

Applications are invited from eligible members of the Institute and other professionals including academicians of reputed educational institutions, tax and legal practitioners etc., having a flair for academic activities including valuation of answer

Posted in Exams | 3720 Views

Shifting from one Elective Paper to another in new course

21 September 2017 at 10:48

Board of StudiesSub: Shifting from one Elective Paper to another Elective Paper under Revised Scheme of Education and Training.Students of Final (New) Course may please note that under the Revised Scheme of Education and Training, the students will b

Posted in Students | 4902 Views

GST rate for branded cereal, pulses and flour

21 September 2017 at 10:47

The GST Council, in its 21st meeting held on 9th September, 2017 at Hyderabad has, interalia, recommended that for 5% GST rate on cereals, pulses and flours etc. put up in unit container and bearing a registered brand name: a) A brand registered as o

Posted in GST | 5616 Views