Notification & Circulars

Applicability of provisions of clause (a) to clause (d) of section 2 of the Code relating to voluntary liquidation or bankruptcy

Notification No#F. N. 30/7/2016-Insolvency Section 15 May 2017

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 15th May, 2017 S.O. 1570(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016) (hereinafter referred to as the ‘Code’), the Cen..

Posted in Corporate Law

GST implementation to have far reaching implications for the Indian Economy RBI releases State Finances: A Study of Budgets of 2016-17

Notification No#2016-2017/3056 12 May 2017

Today, the Reserve Bank of India (RBI) released the report entitled “State Finances: A Study of Budgets of 2016-17”, an annual publication that provides information, analysis and an assessment of the finances of state governments. It is the primary source for disaggregated state-wise fis..

Posted in Community & General

Quoting of Aadhar not compulsory in IT return for resident of Assam,J&K and Meghalaya

Notification No#37/2017 11 May 2017

MINISTRY OF FINANCE (Department of Revenue) Notification No. 37/2017 New Delhi, the 11th May, 2017 S.O. 1513 (E).—In exercise of the powers conferred by sub-section (3) of section 139AA of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies ..

Posted in Income Tax | 2 comments

Appointment of common adjudication Authority in case of M/s Beanstalk Brand Consultancy, New Delhi

Notification No#46/ 2017-Customs (N.T.) 11 May 2017

[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. 46/ 2017-Customs (N.T.) New Delhi, the 11th May, 2017 ..

Posted in Custom

Amendment to notification no 142/2016-Customs (N.T.) dated 29.11.2016

Notification No#45 /2017-Customs (N.T.) 11 May 2017

[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. 45 /2017-Customs (N.T.) New Delhi, dated the 11th May, 2017 G.S.R. (E)---- In exercise of po..

Posted in Custom

Companies (Acceptance of Deposits) Amendment Rules, 2017

Notification No#File No. 1/8/2013-CL-V 11 May 2017

[TO BE PUBLISHED IN THE GAM I E OF INDIA, EXTRAORDINARY, PART ii, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Corporate Affairs Notification New Delhi, dated, the 11th May, 2017 G.S.R. (E). - In exercise of the powers conferr..

Posted in Corporate Law

Effective rates of BCD on industrial grade palm stearin (crude, RBD or other)

Notification No#18/2017-Customs 09 May 2017

Seeks to amend notification No. 12/2012 dated 17.03.2012 so as to make effective rates of BCD on industrial grade palm stearin (crude, RBD or other) which were earlier classifiable under sub-heading 3823 11 and are now classifiable under 1511 90 30 consequent to the amendments carried out ..

Posted in Custom

Extend the levy of anti-dumping duty, imposed on Partially Oriented Yarn (POY)

Notification No#16/2017-Customs (ADD) 09 May 2017

Seeks to extend the levy of anti-dumping duty, imposed on Partially Oriented Yarn (POY) originating in or exported from China PR under notification No. 22/2012-Customs (ADD), dated 02.05.2012, for a further period of one year i.e. upto and inclusive of 01.05.2018. GOVERNMENT OF INDIA ..

Posted in Custom

Implementation of Notification No. 107/2016- customs (N.T.) dated 11.08.2016- Uploading the Departure Manifests by Airlines(carriers)- reg

Notification No#17/2017-Customs 09 May 2017

Circular No. 17/2017-Customs F.No.520/12/2009-Cus-VI (pt) Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs New Delhi, dated the 9th May, 2017 To All Principal Chief Commissioner/ Chief Commissioners of Customs..

Posted in Custom

Exemption on life insurance services under 'Pradhan Mantri Vaya Vandana Yojana'

Notification No#17/2017-Service Tax 04 May 2017

Seeks to amend notification No. 25/2012-ST dated 20.06.2012 so as to exempt life insurance services under ‘Pradhan Mantri Vaya Vandana Yojana’. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION New Delhi, the 4th May, 2017 No. 17/2017-Service Tax &..

Posted in Service Tax