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Instruction No. 16/2017-Customs F. No. 450/119/2017-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Custom) ******** New Delhi, dated the 9th October, 2017 To All Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive), All Principal Chief Commissioners/Chief Commissioners of Customs and Central Excise, All Directors General, All Principal Commissioners/Commissioners of… Read More
Insolvency and Bankruptcy Board of India 9 th October, 2017 INVITATION OF PUBLIC COMMENTS IBBI invites public comments on: (i) draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Individuals and Firms) Rules, 2017, and (ii) draft Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Individuals and Firms) Regulations,… Read More
(To be Published in the Gazette of India Extraordinary Part I Section I) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Public Notice No. 29/2015-20 New Delhi, Dated 9th October, 2017 Subject: Amendment in para 5.25 of HBP 2015-20 of the Handbook of Procedures (HBP)… Read More
Changes in GST Rates for Goods and IGST Rates on Imports of Goods 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 been recommended.… Read More
GST Rates on Services Decisions taken by the GST Council in the 22nd meeting held on 6th October 2017 The following decisions were taken by the GST Council Meeting held under Chairmanship of Union Finance Minister Shri Arun Jaitley on 6th October, Relief to small units: GST rates on job work services is being rationalised as follows:-… Read More
PRESS RELEASE 6 th October, 2017 Recommendations made by the GST Council in the 22nd meeting at New Delhi on 6th October, 2017 GST package for Small Units The GST Council, in its 22nd meeting held at New Delhi on 6th October 2017, has recommended the following facilitative changes to ease the burden of compliance… Read More
PRESS RELEASE 9 th October, 2017 No extension of last date for filing GSTR-1 for July, 2017 The last date for filing GSTR-1 for the month of July, 2017 is 10th October, 2017. An extension of two months has already been given. There will be no further extension given to taxpayers for filing their GSTR-1… Read More
Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Notification No 32/2015-20 New Delhi, Dated : 4th October, 2017 Subject: Procedure for export of spices to the European Union countries. S.O.(E) – In exercise of the powers conferred by Section 3 of the Foreign Trade (Development &… Read More
Relief Package for Exporters – Recommendations of the 22nd GST Council Meeting. The GST Council under Chairmanship of Union Finance Minister Shri Arun Jaitley has in its 22nd Meeting held at Delhi on 6th October 2017 approved a major relief package for exporters. Mindful of the difficulties faced by exporters post-GST leading to a decline in… Read More
[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. 48 /2017-Customs (ADD) New Delhi, the 9 th October, 2017 G.S.R. (E). Whereas, in the matter of “Wire Rod of Alloy or Non-Alloy Steel” (hereinafter referred to as the… Read More
[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.47/2017-Customs (ADD) New Delhi, the 6th October, 2017 G.S.R.-(E). -Whereas, the designated authority vide initiation notification No. 7/14/2017- DGAD, dated the 22th September, 2017, published in the Gazette of India,… Read More
Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.90/2017-CUSTOMS (N.T.), dated 21st September, 2017, except as respects things done or omitted to be… Read More
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 6th October, 2017 G.S.R. 1223(E).—In exercise of powers conferred by sub-clause (iv) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby rescinds the notification No. 4/2017, dated the 23rd August, 2017,… Read More
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