Legal Update - Corporate Law Reporter

CBEC amends NOT No. 10/2017-IT(R) regarding services provided by Overseeing Committee members to RBI under RCM

[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. 34/2017- Integrated Tax (Rate) New Delhi, the 13th October, 2017 GSR......(E).-In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated Goods and Services Tax… Read More

Govt. amends notification No. 9/2017-IT(R)

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 33/2017- Integrated Tax (Rate) New Delhi, the 13th October, 2017 G.S.R.....(E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services… Read More

Govt. exempts payment of tax under section 5(4) of the IGST Act, 2017 till 31.03.2018

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)] Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 32/2017 – Integrated Tax (Rate) New Delhi, the 13th October, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of… Read More

CBEC prescribes Central Tax rate of 0.05% on intra-State supply of taxable goods by a registered supplier to a registered recipient for export

[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. 40/2017-Central Tax (Rate) New Delhi, the 23rd October, 2017 G.S.R.….(E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax… Read More

CBEC reduces GST rate on Food preparations put up in unit containers and intended for free distribution to economically weaker sections of the society

[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 39/2017-Central Tax (Rate) New Delhi, the 18th October, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 9 of the Central Goods and… Read More

CBEC issues circular clarifying movement of goods on approval basis

Circular No. 10/10/2017-GST CBEC - 20/16/03/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, dated 18th October, 2017 To, The Principal Chief Commissioners/Chief Commissioners/ Principal Commissioners/ Commissioners of Central Tax (All) The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Clarification on issues… Read More

Circular on Authorized officer for enrollment of Goods and Services Tax Practitioner:CBEC

Circular No 9/9/2017- GST F. No. 349/75/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs (GST Policy Wing) *** New Delhi, Dated the 18th October, 2017 To, The Principal Chief Commissioners/Chief Commissioners/ Principal Commissioners/… Read More

CBEC Exempts supply of services associated with transit cargo to Nepal and Bhutan

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 31/2017-Integrated Tax (Rate) New Delhi, the 29 th September, 2017 G.S.R.....(E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services… Read More

Govt. amends NOT. No. 2/2017-Compensation Cess (Rate) regarding reduction in cess rates for leasing of motor vehicles prior to 01.07.2017

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 6/2017- Compensation Cess (Rate) New Delhi, the 13th October, 2017 G.S.R......(E).- In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 8 of the Goods… Read More

CBEC prescribes compensation cess rate on the leasing of motor vehicles

[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. 7 /2017-Compensation Cess (Rate) New Delhi, the 13th October, 2017 TABLE G.S.R. (E).- In exercise of the powers conferred by sub-section (2) of section 8 of the Goods and… Read More

CBEC amends notification No. 2/2017-Union Territory Tax

[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.16/2017- Union Territory Tax New Delhi, the 13th October, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 10 of the Central… Read More

Govt. amends notification No. 11/2017-UTT(R)

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 31/2017-Union Territory Tax (Rate) New Delhi, the 13th October, 2017 G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 7, subsection (1) of section 8 and… Read More

CBEC amends notification No. 12/2017-UTT(R) dt. 28-06-2017

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 32/2017- Union Territory (Rate) New Delhi, the 13th October, 2017 G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 8 of the Union Territory Goods and… Read More