CAclubindia News

Changes in GST Rates for Goods and IGST Rates on Imports of Goods

06 October 2017 at 22:55

As per discussions held in the 22nd GST Council Meeting held under Chairmanship of Union Finance Minister Shri Arun Jaitley on 6th October, 2017, the following changes in GST rates for certain Goods and IGST rates on Imports of specified Goods have b

Posted in GST | 12 comments | 12735 Views

22nd GST Council Meet Highlights

06 October 2017 at 20:28

GST Council meet dated 6th October 2017 .. Highlights : Traders with turnover of up to Rs 1.5 crore to file quarterly returns instead of monthly filings. Composition scheme threshold raised to 1 crore from 75 Lakhs. Nominal 0.1% GST on exports. Ex

Posted in GST | 18 comments | 25530 Views

Notification on extension of facility of LUT to all exporters issued

06 October 2017 at 11:02

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of India Ministry of Finance (Department of Revenue ) [Central Board of Excise and Customs]Notification No. 37 /2017 – Central TaxNew Delhi,

Posted in GST | 4992 Views

PM addresses Company Secretaries at the inauguration of the golden jubilee year of ICSI

05 October 2017 at 11:31

The Prime Minister, Shri Narendra Modi, today addressed Company Secretaries at the inauguration of the Golden Jubilee Year of ICSI – the Institute of Company Secretaries of India.On this occasion, the Prime Minister congratulated all those asso

Posted in Professional Resource | 3054 Views

Procedure for conduct of Assessment Proceedings electronically in time barring scrutiny cases

04 October 2017 at 11:22

Instruction No. 8/2017 Government of IndiaMinistry of Finance Department of Revenue (CBDT) North Block, N.Delhi, dated the 29th of September, 2017 Subject: Conduct of Assessment Proceedings electronically in time-barring scrutiny cases-Order under se

Posted in Income Tax | 4857 Views

Excise Duty on Petrol and Diesel reduced by Rs 2 per litre

04 October 2017 at 11:22

The Government of India decides to reduce the Basic Excise Duty rate on Petrol and Diesel [both branded and unbranded] by Rs. 2 per litre with effect from 4th October, 2017; This major decision has been taken by the Government in order to cushion the

Posted in Excise | 4689 Views

FM hints at reduction in GST tax slabs in future

02 October 2017 at 14:39

FM: To reduce tax slabs in case of GST, we have to become revenue neutral plus; Inspects the Passing-out Parade of 67th Batch of IRS(C&CE) and delivers Valedictory Address; Calls for fair implementation of tax laws; Releases NACIN Coffee Table Bo

Posted in GST | 5733 Views

Study Material applicable for IIPCC Taxation exams

02 October 2017 at 14:39

Announcement for May 2018 & November 2018 IIPCEStudy Material applicable for IIPCC Paper 4: Taxation Students of IIPCC, appearing in May 2018 and November 2018 examinations, may note that the new Study Material for Intermediate Paper 4: Taxation

Posted in Exams | 2 comments | 7479 Views

Announcement for Final Old Course Students appearing in May & Nov 2018 exams

02 October 2017 at 14:39

Announcement for Final (Old Course) Students appearing in May 2018 & November, 2018 ExaminationsStudy Materials applicable for Paper 7: Direct Tax Laws & Paper 8: Indirect Tax LawsStudents of Final (Old) Course, appearing in May, 2018 and Nov

Posted in Students | 7 comments | 12870 Views

Facility for exporters to furnish Letter of Undertaking instead of bonds

02 October 2017 at 14:39

Small exporters have brought to the notice of the Government the difficulties in furnishing bond with requisite bank guarantee. To facilitate exports under GST, it has been decided that the facility of furnishing Letter of Undertaking, in place of a

Posted in GST | 3513 Views