Corporate Law Reporter - The Daily Journal

Govt reduces CGST rate on specified parts of tractors from 14% to 9 %

[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.19/2017-Central Tax (Rate) New Delhi, the 18th August, 2017 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 9 of the Central Goods and Services… Read More

CBEC releases Draft on Customs Brokers Licensing and Revocation Regulation

[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 Excise and Customs) ****** Notification No. ___/2017-Customs (N.T.) New Delhi, the ___August, 2017 In exercise of the powers conferred by sub-section (2) of section 146 of the Customs Act,… Read More

Payment of GST and Filing of returns for July 2017 extended till 25 August 2017

PRESS RELEASE 19th August 2017 ON LAST DATE FOR PAYMENT OF GST AND FILING OF RETURN FOR JULY 2017 EXTENDED BY 5 DAYS The last date for payment of taxes and filing of GST Return in Form 3B for the month of July is 20th of August 2017. Since it is the first Return to… Read More

Govt. amends notification no. -83/2012- Customs (N.T.) dated 17.09.2012

[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) Notification No.80/2017- Customs (N.T.) New Delhi, dated 17th August, 2017 S.O.(E).- In exercise of the powers conferred by the first proviso to sub-section (2) of section 47 of the… Read More

CBEC imposes Anti dumping duty on import of Textured Toughened (Tempered) Glass from china

[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. 38/2017-Customs (ADD) New Delhi, the 18th August, 2017 G.S.R. (E).- Whereas in the matter of Textured Toughened (Tempered) Glass with a minimum of 90.5% transmission having thickness not exceeding… Read More

CBEC amends NOT. No. 60/2011-Cus to renew MoU on India-Bangladesh border haats

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 73/2017-Customs New Delhi, the 18th August, 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

DVAT filing of online return for Q1 of 2017-18 extended till 1st Sept 2017

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES (POLICY BRANCH) VYAPAR BHAWAN, I.P.ESTATE, NEW DELHI-110 002 No.F.7(420)/VAT/Policy/2011/PF-671-76 Date: 17/08/2017 CIRCULAR NO. 13 of 2017- 18 Sub: Filing of online return for First quarter of 2017-18 – extension of period thereof. In partial modification to this department’s Circular No. 11 of 2017-18 on… Read More

RBI Introduces 50 banknote in Mahatma Gandhi (New) Series

RBI Introduces 50 banknote in Mahatma Gandhi (New) Series The Reserve Bank of India will shortly issue ₹ 50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Hampi with Chariot on the reverse, depicting the country’s cultural heritage. The… Read More

Delhi Govt. amends Delhi Goods and Services Tax Rules, 2017

FINANCE (REVENUE-1) DEPARTMENT NOTIFICATION Delhi, the 11th August, 2017 No. F. 3(22)/Fin(Rev-I)/2017-18/DS-VI/515.— In exercise of the powers conferred by section 164 of the Delhi Goods and Services Tax Act, 2017 (Delhi Act 03 of 2017), the Lt. Governor of the National Capital Territory of Delhi, hereby makes the following rules further to amend the Delhi… Read More

CBEC notifies Exchange Rate of Foreign Currency Relating To Import and Export Goods effective from 18 August 2017

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 81/2017 - Customs (N.T.) New Delhi, dated the 17th August, 2017 26 Shravana 1939 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification… Read More

Govt. amends notification relating to AIRs of Duty Drawback on Gold Jewellery, Silver Jewellery and Silver Articles

[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. 79/ 2017 - CUSTOMS (N.T.) New Delhi, 17th August, 2017 G.S.R. (E). – In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act,… Read More

Guidelines for provisional release of seized imported goods pending adjudication under Section 110A of the Customs Act, 1962 :CBEC

Circular No. 35/2017 – Customs F.No. 394/13/2016-Cus (AS) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs (Anti-Smuggling Unit) *** New Delhi, dated 16th August 2017 To, All Principal Chief Commissioners/Chief Commissioners of Customs / Customs (Preventive), All Principal Chief Commissioners/Chief Commissioners of Customs & Central Excise/GST, All Principal… Read More

Dr. (Ms.) Mamta Suri takes charge as Executive Director, Insolvency and Bankruptcy Board of India

Dr. (Ms.) Mamta Suri takes charge as Executive Director, Insolvency and Bankruptcy Board of India (IBBI). Dr. (Ms.) Mamta Suri took charge as Executive Director, Insolvency and Bankruptcy Board of India (IBBI) in New Delhi today. Before joining IBBI, Dr. Suri was serving as Chief General Manager, Insurance Regulatory Development Authority of India. Dr. Suri… Read More