Category Archives: Notifications

Rule 59A Inserted by Himachal VAT (Amendment) Rules 2017

Himachal Pradesh Value Added Tax (Amendment) Rules, 2017  Insertion of rule 59A and Form VAT VIA & VAT VIB NOTIFICATION – F.NO.EXN-F(10)-21/2016, DATED 31-1-2017 In exercise of the powers conferred by sub-section (1) of section 63 of the Himachal Pradesh Value Added Tax Act, 2005 (Act No. 12 of 2005), the Governor of Himachal Pradesh,… Read More »

CBDT notifies rule 17CB for taxation of accreted income of trust u/s 115TD

CBDT notifies rule for taxation of accreted income of trust u/s 115TD MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 21st April, 2017 INCOME-TAX G.S.R.399(E).– In exercise of the powers conferred by section 295 read with section 115TD of the Income-tax Act, 1961 (43 of 1961), the Central… Read More »

Excise Duty on Heena Powder & Paste falling under Chapter 33-Reg.

Notification under Section 11C of the Central Excise Act on Heena Powder and Paste falling under Chapter 33 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 11/2017- Central Excise (N.T.) New Delhi, the 24th April, 2017 G.S.R. (E).- Whereas the Central Government is satisfied that according to a practice that was generally prevalent… Read More »

Securities Specified under Section 20 of Indian Trusts Act 1882

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 21st April, 2017 S.O. 1267(E).—In pursuance of section 20 of the Indian Trusts Act, 1882 (2 of 1882), the Central Government hereby specifies the following securities for the purposes of the said section, namely:— (a) Government securities; (b) securities, the principal whereof and the… Read More »

Duty Credit Scrip can be utilised for Custom Duty payment

(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION-3, SUB-SECTION (II)) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE NEW DELHI NOTIFICATION NO. 04/2015-2020, Dated: April 21, 2017 Subject: Amendment in Para 3.18(a) of FTP 2015-20. In exercise of the powers conferred by Section 5… Read More »

MCA Clarify Generation of Online Challan for Offline Payment Cases

MCA General Circular 2/2017 on Clarification reg. Generation of Online Challan for Offline Payment Cases; prescribes two step process to facilitate filing of e-form IEPF-1 in cases where Challans were not generated by companies on MCA21 portal prior to 15 Dec. 2016 In terms of Investors Education and Protection Fund (Accounting, Audit, Transfer and Refund) Rules, 2016… Read More »

Rights of Persons with Disabilities Act 2016 Comes into force w.e.f 19.04.2017

MINISTRY OF SOCIAL JUSTICE AND EMPOWERMENT (Department of Empowerment of Persons with Disabilities ) NOTIFICATION New Delhi, the 19th April, 2017 S. O. 1215(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Rights of Persons with Disabilities Act, 2016 (49 of 2016), the Central Government hereby appoints 19th day of… Read More »

Punjab Minimum wages Rates increased wef 01.03.2017 – Notification -Download

Punjab Minimum wages Rates increased wef 01.03.2017 As per the information provided by the office of Labour Commissioner, Punjab, Chandigarh, vide Circular No.7179 dated 5th April, 2017, there is an increase of Rs.109.96 in the minimum rates of wages of each category (Unskilled, Semi-Skilled, Skilled and Highly Skilled) of employees working in scheduled employments in… Read More »

MCA amends rules for striking off names of companies from Register

COMPANIES (REMOVAL OF NAMES OF COMPANIES FROM THE REGISTER OF COMPANIES) AMENDMENT RULES, 2017 – AMENDMENT IN RULE 7 AND INSERTION OF FORM NO.STK-5 NOTIFICATION [F.NO.1/28/2013-CL-V], DATED 12-4-2017 In exercise of the powers conferred by sub-stations (1), (2) and (4) of section 248 read with section 469 of the Companies Act, 2013 (18 of 2013),… Read More »

Importers liable to pay Service Tax on transportation of goods by a vessel w.e.f 23.04.2017

Importers liable to pay ST for importing services of transportation of goods by a vessel w.e.f April 23 ,2017 [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) NOTIFICATION No. 15/2017-Service Tax New Delhi, the 13th April, 2017 G.S.R. (E).-… Read More »

14th April 2017 declared as Closed Holiday

MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 5th April, 2017 G.S.R. 335(E).—In exercise of the Powers conferred by Section 25 of the Negotiable Instruments Act, 1881 (26 of 1881), the Central Government hereby declares Friday, the 14th April, 2017 as a Closed Holiday throughout India on… Read More »

MVAT – Changes in Taxation of Liquor & Revision in Tax Rates -Post Budget 2017-18

8th floor,Vikrikar Bhavan, Mazgaon, Mumbai — 400010. TRADE CIRCULAR Sub: Changes in the rate of tax, extension to exempted commodities & changes in taxation of liquor under the Maharashtra Value Added Tax Act, 2002. Ref: 1) Notification No. VAT 1517/ C.R.28/Taxation-1 dated 29th March 2017, issued u/s. 9(1) of the MVAT Act, 2002. 2) Notification No. VAT 1517/CR… Read More »

TRQ for Raw Sugar : Amendment in import policy

To be published in the Gazette of India Extraordinary Part-II, Section – 3, Sub-Section (ii)) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notification No.01/2015-2020 New Delhi, Dated: 5th April, 2017 Subject: TRQ for Raw Sugar: Amendment in import policy of raw sugar classified under Exim Code 170114… Read More »

Bill of Entry – Revised Regulations Notified by CBEC 31.03.2017

MINISTRY OF FINANCE Department of Revenue [CENTRAL BOARD OF EXCISE AND CUSTOMS] NOTIFICATION New Delhi, the 31st March, 2017 No. 26/2017-Customs (N.T.) G.S.R. 323(E).—In exercise of the powers conferred by section 157 read with section 46 of the Customs Act, 1962(52 of 1962), the Central Board of Excise and Customs hereby makes the following regulations… Read More »

3CFA Option form for taxation of royalty from patent u/s 115BBF – Notification by CBDT

 Taxation of royalty from patent u/s  115BBF Summary : CBDT has notified new Rule 5G of the Income-tax Rules 1962 for Option form for taxation of royalty from patent u/s  115BBF and Notified  Form No. 3CFA. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 31st March, 2017 INCOME-TAX G.S.R.… Read More »

PMGKY declarations can be filed till April 10, 2017 if tax deposited till March 31, 2017: CBDT

PMGKY declarations can be filed till April 10, 2017 if tax deposited till March 31, 2017: CBDT Circular No. 12 of 2017 F.No.370142/33/2016-TPL(Part) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 31st of March, 2017 Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib… Read More »

Insolvency and Bankruptcy Code 2016 certain sections Notified w.e.f 01.04.2017

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th March, 2017 S.O. 1005(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints the 1st April, 2017 as the date on which the provisions of the following sections of… Read More »

Employees’ Provident Funds (Third Amendment) Scheme, 2017

MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 29th March, 2017 G.S.R. 298(E).—In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’… Read More »

Employees’ Provident Funds (Seventh Amendment) Amendment Scheme 2017.

NOTIFICATION New Delhi, the 29th March, 2017 G.S.R. 299(E).— In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme to amend the Employees’ Provident Funds (Seventh Amendment) Scheme,… Read More »

Notification on Exemption under section 5 of Competition Act 2012

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th March, 2017 S.O. 988(E).—In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby exempts the enterprises being parties to – (a) any acquisition referred to in clause (a) of section… Read More »

Reg. notification specifying Increase in thresholds of De Minimis Exemption

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th March, 2017 S.O. 989(E).—In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central Government, in public interest, hereby rescinds the notification of the Government of India in the Ministry of Corporate Affairs, S.O. 674(E), dated… Read More »

Demonetization -Companies to Disclose in Balance Sheet – MCA Notification

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th March, 2017 G.S.R. 308(E).—In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendments to Schedule III of the said Act with effect from the date of publication… Read More »

Demonetization – Auditor to Make Disclosure in CARO Report

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th March, 2017 G.S.R. 307(E).—In exercise of powers conferred by section 143 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Audit and Auditors) Rules, 2014,… Read More »

Companies (Meetings of Board and its Powers) Amendment Rules 2017.

Companies (Meetings of Board and its Powers) Amendment Rules 2017. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th March, 2017 G.S.R. 309(E).—In exercise of the powers conferred under sections 173, 175, 177, 178, 179, 184, 185, 186, 187, 188, 189 and section 191 read with section 469 of the Companies Act, 2013 (18 of… Read More »

Bio-diesel under Schedule B – Haryana Vat Act

HARYANA GOVERNMENT EXCISE AND TAXATION DEPARTMENT NOTIFICATION The 10th March, 2017 No. 06 /ST-1 /H.A. 6/2003/S.59/2017. -In exercise of the powers conferred by sub-section (1) of section 59 of the Haryana Value Added Tax Act, 2003 (6 of 2003) and with reference to Haryana Government, Excise and Taxation Department, notification No. Web No. 4/ST-1/H.A.6/2003/S.59/2017, dated… Read More »

Refund Checklist under Punjab Vat

Office of Excise and Taxation Commissioner, punjab Excise  and Taxation Bhawan, Sector-69, Mohali Memo No. PA/ETC/2017/57 Dated 17.02.2017 Checklist be placed on the refund filed by the Dealers at time of making an application for refund. Memo No. PA/ETC/2017/56 Dated 17.02.2017 Checklist be placed on the refund filed by the Designated Officer at time of approval of… Read More »

Apna Bill Apna Vikas – Haryana Govt Award Scheme

HARYANA GOVERNMENT EXCISE AND TAXATION DEPARTMENT Notification The 27th February, 2017 No.05/F-368/ST-7/2017- The Government of Haryana introduces an award Scheme namely “Apna Bill Apna Vikas” for general public subject to the following terms and conditions: “Apna Bill Apna Vikas” 1. Objective of the Scheme Section 28 of the Haryana Value Added Tax Act 2003, read… Read More »