Notification & Circulars

Compliance liability of service tax payment and procedure on to the service provider located in the non-taxable territory

Notification No#49/2016-Service Tax 09 November 2016

Seeks to amend notification No. 30/2012- ST, dated the 20th June, 2016 so as to put compliance liability of service tax payment and procedure on to the service provider located in the non-taxable territory with respect to online information and database access or retrieval services provided in the t..

Posted in Service Tax

Service Tax (Fourth Amendment) Rules, 2016

Notification No#48/2016-ST 09 November 2016

Seeks to amend Service Tax Rules, 1994 so as to prescribe that the person located in non-taxable territory providing online information and database access or retrieval services to ‘non-assesse online recipient’, as defined therein, is liable to pay service tax and the procedure for paym..

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Seeks to levy anti-dumping duty at modified rates on 4, 4 Diamino Stilbene 2, 2 Disulphonic Acid (DASDA) originating in or exported from People’s Republic of China up to and inclusive of 22nd Jan 2019

Notification No#52/2016-Customs (ADD) 09 November 2016

Seeks to levy anti-dumping duty at modified rates on 4, 4 Diamino Stilbene 2, 2 Disulphonic Acid (DASDA) originating in or exported from People’s Republic of China up to and inclusive of 22nd January, 2019 Government of India Ministry of Finance Department of Revenue ..

Posted in Custom

Withdrawal of exemption from service tax on cross border B2C OIDAR services provided online/electronically from a non-taxable territory to consumers in taxable territory in India-reg

Notification No#202/12/2016-Service Tax 09 November 2016

Circular No. 202/12/2016-Service Tax F.No. 354/149/2016-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) Dated the 9th November, 2016 To, Principal Chief Commissioners of Customs and Central Excise (All) Princip..

Posted in Service Tax

RBI circular to banks for withdrawal of legal tender of Rs 500 and 1000

Notification No#8.11.16 08 November 2016

RBI/2016-17/112 DCM (Plg) No.1226/10.27.00/2016-17 November 08, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks Dear Sir Wit..

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Combined Annual Return Form for Central Excise and Service Tax

Notification No#1050/38/2016-CX 08 November 2016

Circular No. 1050/38/2016-CX F.No. 207/0512014-CX.6 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs North Block, New Delhi Dated the 8th of November, 2016 To, The Principal Chief Commissioners/ Chief Commissioners of Ce..

Posted in Excise

Issue of ₹ 2000 banknotes with inset letter ‘R’

Notification No#2016-2017/1145 08 November 2016

The Reserve Bank of India will shortly issue ₹ 2000 denomination banknotes in the Mahatma Gandhi (New) Series, with the inset letter ‘R’, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing '2016' printed on the reverse of the bankno..

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ATMs –Non-dispensing of Old High Denomination Notes – Closure of operations

Notification No#RBI/2016-17/111 08 November 2016

RBI/2016-17/111 DPSS.CO.PD.No./02.10.002/2016-2017 November 8, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co- operative Banks /District Central Co-operative Banks/ Authorised ATM Network ..

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Issue of ₹ 500 banknotes inset letter ‘E’ in Mahatma Gandhi (New) Series

Notification No#2016-2017/1146 08 November 2016

The Reserve Bank of India will shortly issue ₹ 500 denomination banknotes in Mahatma Gandhi (New) Series with inset letter ‘E’ in both the number panels, bearing the signature of Dr. Urjit R. Patel Governor, Reserve Bank of India, the year of printing '2016’ and Swachh Bharat L..

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Income-tax (29th Amendment) Rules, 2016

Notification No#103/2016 07 November 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th November, 2016 INCOME-TAX S.O. 3399(E).—In exercise of the powers conferred by section 32, section 115BA and section 295 of the Income-tax Act, 1961 (43..

Posted in Income Tax