Taxation - Corporate Law Reporter

CBDT notifies rules in respect of Country-by-Country reporting and furnishing of Master File

In keeping with India’s commitment to implement the recommendations of 2015 Final Report on Action 13, titled “Transfer Pricing Documentation and Country-by-Country Reporting”, identified under the OECD Base Erosion and Profit Shifting (BEPS) Project, section 286 of the Income-tax Act, 1961 (‘the Act’) was inserted vide Finance Act, 2016, providing for furnishing of a Country-by-Country report in… Read More

CBEC amends notification No. 16/2017-Customs dated the 20th April, 2017

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 31st October, 2017 No. 83/2017-Customs G.S.R. 1356(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 do, hereby makes… Read More

ICAI releases Hand Book on GST for Service Providers

Indirect Taxes Committee of ICAI has come up with a ‘Hand Book on GST for Service Providers’ which has been specifically developed to provide in-depth knowledge of provisions pertaining to services i.e Levy and exemption, Input service distributor, Registration, Time and place of supply, Valuation, Input tax credit, and Job work etc. in a very… Read More

ITR date extended till 7.11.2017:CBDT

F.No. 225/270/2017/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, ITA.II Division New Delhi, the 31st of October 2017 Order under Section 119 of the Income Tax Act,1961 On consideration of representations from various stakeholders for further extension of 'due date', being 30th September, 2017 for assesses… Read More

CBDT notifies Income-tax (Twenty-fourth Amendment) Rules, 2017

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 31st, October, 2017 INCOME-TAX S.O. 3497(E).— In exercise of the powers conferred by proviso to sub-section (1) of section 92D and subsection (8) of section 286 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central… Read More

CBDT notifies Indian commodity Exchange limited as a ‘recognised association’

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB·SECTION (ii)] Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes NOTIFICATION New Delhi, the 30th of October, 2017 In exercise of the powers conferred by clause (iii) in the Explanation of clause (e) of the proviso… Read More

CBEC appoints Kapashera as Air Freight Station for unloading and loading of goods

[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 100/2017-Customs (N.T.) New Delhi, the 27 October, 2017 G.S.R . …. (E). — In exercise of the powers conferred by clause (aa) of… Read More

Notification No.98/2017-Customs (N.T.) Effective from 28th Oct, 2017

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 98/2017 - Customs (N.T.) Dated the 27th October, 2017 05 Kartika, 1939 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby… Read More

CBEC amends NOT. No. 14/2006-customs dt. 1st march 2006, to prescribe effective rate of duty on specified fabrics

[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. 81/2017–Customs New Delhi, the 27th October, 2017 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),… Read More

Govt. prescribes effective rate of duty under chapters 50 to 63 on textile products

[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. 82/2017–Customs New Delhi, the 27th October, 2017 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),… Read More

Anti-dumping duty to continue on imports of Soda Ash, originating in or exported from China, EU, Kenya, Pakistan, Iran, Ukraine and USA till final decision of Guj. HC

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. 50 /2017-Customs (ADD) New Delhi, the 18th October, 2017 G.S.R. (E).-Whereas, the designated authority vide notification No.15/28/2014-DGAD, dated the 21st July, 2015, published in the Gazette of India, Extraordinary,… Read More

Exchange Rates Notification No.97/2017-Custom(NT) dated 24.10.2017

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 97/2017 - Customs (N.T.) Dated the 24th October, 2017 02 Kartika, 1939 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby… Read More

Govt. continues imposing anti dumping duty on imports of Cold-rolled Flat products of stainless steel

[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. 52/2017-Customs (ADD) New Delhi, the 24th October, 2017 G.S.R. (E).- Whereas, in the matter of review of anti-dumping duty on import of Cold Rolled Flat Products of Stainless Steel,… Read More