AS22 and Ind AS 12 not applicable on Govt. Companies forever :MCA

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 2nd April, 2018 S.O. 1465(E).—In exercise of the powers conferred by sub-section (6) of section 129 of the Companies Act, 2013 (18 of 2013), the Central Government, in the interest of public, hereby makes the following amendments in the notification of the Government of India, Ministry of… Read More

CBEC releases FAQ on e-Way Bill

 FAQs- General Portal What is the common portal for generation of e-way bill? The common portal for generation of e-way bill is https://ewaybillgst.gov.in I am not getting OTP on my mobile, what should I do? Please check if you have activated ‘Do Not Disturb (DND)’ facility on your mobile or your service provider network may… Read More

E-Way Bill system to roll out from 01st April, 2018

PRESS RELEASE 01st April, 2018 Subject: Smooth roll out of e-Way Bill system from 01st April, 2018 As per decision of the GST Council, e-Way Bill system became mandatory from today i.e. 01st April, 2018 for all inter-State movement of goods. The implementation of the nationwide e-Way Bill mechanism under GST regime is being done… Read More

Finance Act 2018 to be effective from 1st April, 2018

THE FINANCE ACT, 2018 NO. 13 OF 2018 [28th March, 2018.] An Act to give effect to the financial proposals of the Central Government for the financial year 2018-2019. BE it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:— CHAPTER I PRELIMINARY 1. (1) This Act may be called… Read More

Companies (Indian Accounting Standards) Amendment Rules to be effective from 1st April 2018

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 28.03. 2018 G.S.R. ….. (E).—In exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013) and sub-section (1) of section 210A of the Companies Act, 1956 (1 of 1956), the Central Government, in consultation with the National… Read More

Govt. extends due date for filing of application for refund by notified agencies

Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 20/2018 – Central Tax New Delhi, the 28th March, 2018 G.S.R....(E).- Whereas, as per section 55 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act),… Read More

CBEC extends date for filing the return in FORM GSTR-6

Government of India Ministry of Finance  Department of Revenue Central Board of Excise and Customs  Notification No. 19/2018 – Central Tax New Delhi, the 28th March, 2018 G.S.R....(E).- In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of… Read More

Govt. extemds due date for furnishing of FORM GSTR-1 for taxpayers with aggregate turnover of upto Rs.1.5 crore

Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs Notification No. 17/2018 – Central Tax New Delhi, the 28th March, 2018 G.S.R……..(E). In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the Act),… Read More

Govt. extends due dates for furnishing of FORM GSTR-1 for taxpayers with aggregate turnover of more than Rs. 1.5 crores

Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs Notification No.18 /2018 – Central Tax New Delhi, the 28th March, 2018 G.S.R……(E). - In exercise of the powers conferred by the second proviso to subsection (1) of section 37 read with section 168 of the Central Goods and Services… Read More

Govt. amends custom notifications to exempt IGST & Service tax compensation cess on import of goods under Advance Authorisation/EPCG Schemes till 01.10.2018

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 35/2018-Customs New Delhi, the 28th March, 2018 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to… Read More

Govt extends due dates for filing FORM GSTR-3B for the months of April to June, 2018

Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs  Notification No. 16 /2018 – Central Tax New Delhi, the 23rd March, 2018 G.S.R……(E). - In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification… Read More

Highlights of SEBI’s decisions in its Board meeting held on 28 March 2018

 PR No. 09/2018 SEBI Board Meeting The SEBI Board met in Mumbai today and took the following decisions: 1. Decision on the Recommendations of Kotak Committee on Corporate Governance 1.1.The Board considered the Kotak Committee recommendations and the public comments thereon. 1.2.The Board decided to accept several recommendations of the Committee without any modifications including… Read More

CBDT extends linking of PAN with Aadhaar till 30th June, 2018

F. No.225/270/2017/IT A.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, dated the 27th of March, 2018 Order under Section 119 of the Income-tax Act. 1961 Order under Section 119 of the Income-tax Act. 1961 Vide its orders dated 31.07.17, 31.08.17 & 08.12.17, in… Read More

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