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seeks to amend notification No. 101/2007 Customs dated 11th September 2007 so as to notify the expanded schedule of tariff preferences under the India-Chile Preferential Trade Agreement (PTA)

Customs - 19/2017 - Dated:- 16-5-2017 - GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 19/2017-Customs New Delhi, dated the 16th May, 2017 G.S.R. 473 (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, being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the in the notification of the Government of India, in the Ministry .....

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ods 50% 4. 02032900 All Goods 50% 5. 02043000 All Goods 50% 6. 02044200 Hams, shoulders and cuts thereof, with bone in 50% 7. 02044300 All Goods 50% 8. 02062100 All Goods 50% 9. 02062200 All Goods 50% 10. 02062900 All Goods 50% 11. 02064100 All Goods 50% 12. 02064900 All Goods 50% 13. 02071400 All Goods 25% 14. 02072500 All Goods 50% 15. 02072700 All Goods 50% 16. 02101100 All Goods 50% 17. 02101200 Bellies and cuts thereof 50% 18. 02101900 All Goods 50% 19. 02102000 All Goods 50% 20. 02109900 A .....

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% 35. 03035700 All goods 50% 36. 03036300 All goods 50% 37. 03038300 All Goods 20% 38. 03035300 Sardines 20% 39. 03035400 Mackerel 20% 40. 03038400 Seabass 50% 41. 03036600 Hake 50% 42. 03038910 Hilsa 20% 43. 03038920 Dara 20% 44. 03038930 Ribbon fish 20% 45. 03038940 Seer 20% 46. 03038950 Pomfret 20% 47. 03038960 All Goods 20% 48. 03038970 Threadfin 20% 49. 03038980 Croackers, Goupers or Flounders 20% 50. 03038990 All Goods 20% 51. 03035900 All Goods 20% 52. 03032500 Catla catla, Labeo spp., Os .....

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le fish offal of tariff items 03031400, 03038300, 03035300, 03035400, 03038910, 03038920, 03038930, 03038940, 03038950, 03038960, 03038970, 03038980 20% 60. 03044500 All Goods 20% 61. 03045400 All Goods 20% 62. 03044600 All Goods 20% 63. 03045500 All Goods 20% 64. 03043900 All Goods of Catla catla, Labeo spp., Osteochilus hasselti, Leptobarbus hoeveni, Megalobrama spp. 50% 65. 03044700 Of Catla catla, Labeo spp., Osteochilus hasselti, Leptobarbus hoeveni, Megalobrama spp. 50% 66. 03044800 Of Cat .....

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ods 20% 73. 03048910 All Goods 20% 74. 03048810 All Goods 20% 75. 03048820 All Goods 20% 76. 03048930 All Goods 20% 77. 0304 Cuttlefish 20% 78. 03042990 Other 20% 79. 03049100 All Goods 20% 80. 03049200 All Goods 20% 81. 03049300 All Goods of Catla catla, Labeo spp., Osteochilus hasselti, Leptobarbus hoeveni, Megalobrama spp. 50% 82. 03049600 All Goods 50% 83. 03049700 All Goods 50% 84. 03049900 All Goods 50% 85. 03052000 All Goods 50% 86. 03053100 All Goods 20% 87. 03053200 All Goods 20% 88. 03 .....

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100. 03056990 All Goods 50% 101. 03061711 Accelerated Freeze Dried Shrimps (AFD) 20% 102. 03061719 All Goods 20% 103. 03061320 Prawns 20% 104. 03061400 All Goods 20% 105. 03061900 All Goods 20% 106. 03072100 All Goods 50% 107. 03072200 All Goods 50% 108. 03072900 All Goods 50% 109. 03073910 All Goods 50% 110. 03073200 All Goods 50% 111. 03073990 All Goods 50% 112. 03075200 All Goods 50% 113. 03075900 All Goods 50% 114. 03078200 All Goods 50% 115. 03079100 All Goods 50% 116. 03079910 Sea shell fl .....

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ds 100% 134. 07103000 All Goods 20% 135. 07108010 All Goods 100% 136. 07108090 All Goods 100% 137. 07109000 All Goods 25% 138. 07129010 All Goods 25% 139. 07129050 All Goods 25% 140. 07132000 All Goods 25% 141. 07133100 Beans of the species vigna mungo 100% 142. 07133300 All Goods 50% 143. 07134000 All Goods 50% 144. 08022100 Hazel nuts In shell 25% 145. 08044000 All Goods 50% 146. 08052100 All Goods 20% 147. 08052200 All Goods 20% 148. 08052900 All Goods 20% 149. 08061000 All Goods 20% 150. 080 .....

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8. 08112090 All Goods 50% 169. 08119010 All Goods 50% 170. 08119090 All Goods 50% 171. 08121000 All Goods 100% 172. 08132000 All Goods 10% 173. 0904 21 or 0904 22 All Goods of Jamaica Pepper 25% 174. 11042200 All Goods 25% 175. 11071000 All Goods 25% 176. 11072000 All Goods 25% 177. 12092200 All Goods 50% 178. 12093000 All Goods 50% 179. 12099110 All Goods 50% 180. 12099120 All Goods 50% 181. 12099130 All Goods 50% 182. 12099140 All Goods 50% 183. 12099150 All Goods 50% 184. 12099160 All Goods 8 .....

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All Goods other than chilled or frozen 50% 196. 12119023 All Goods other than chilled or frozen 50% 197. 12119024 All Goods other than chilled or frozen 50% 198. 12119025 All Goods other than chilled or frozen 50% 199. 12119026 All Goods other than chilled or frozen 50% 200. 12119029 All Goods other than chilled or frozen 50% 201. 12119031 All Goods other than chilled or frozen 50% 202. 12119032 All Goods other than chilled or frozen 50% 203. 12119033 All Goods other than chilled or frozen 50% 2 .....

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frozen 50% 213. 12119049 All Goods other than chilled or frozen 50% 214. 12119050 All Goods other than chilled or frozen 50% 215. 12119060 All Goods other than chilled or frozen 50% 216. 12119070 All Goods other than chilled or frozen 50% 217. 12119080 All Goods other than chilled or frozen 50% 218. 12119091 All Goods other than chilled or frozen 50% 219. 12119092 All Goods other than chilled or frozen 50% 220. 12119093 All Goods other than chilled or frozen 50% 221. 12119094 All Goods other th .....

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15% 236. 16021000 All Goods 15% 237. 16023100 All Goods 15% 238. 16023200 All Goods 15% 239. 16023900 All Goods 50% 240. 16024100 All Goods 15% 241. 16024900 All Goods 50% 242. 16025000 All Goods 50% 243. 16041100 All Goods 50% 244. 16041310 All Goods 50% 245. 16041320 All Goods 50% 246. 16041500 All Goods 20% 247. 16041600 All Goods 50% 248. 16041900 All Goods 50% 249. 16042000 All Goods 50% 250. 16051000 All Goods 20% 251. 16052100 All Goods 20% 252. 16052900 All Goods 20% 253. 16055600 Clams .....

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ods 50% 272. 19041030 All Goods 50% 273. 19041090 All Goods 50% 274. 19053100 All Goods 50% 275. 19053211 All Goods 50% 276. 19053219 All Goods 50% 277. 19053290 All Goods 50% 278. 20019000 All Goods 50% 279. 20029000 All Goods 50% 280. 20057000 All Goods 50% 281. 20079910 All Goods 50% 282. 20079920 All Goods 50% 283. 20079930 All Goods 50% 284. 20079940 All Goods 50% 285. 20079990 All Goods 50% 286. 20081910 All Goods 50% 287. 20081920 All Goods 50% 288. 20081930 All Goods 50% 289. 20081940 Al .....

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0 All Goods 50% 308. 22021090 All Goods 50% 309. 22029100 All Goods 50% 310. 22029910 All Goods 50% 311. 22029920 All Goods 50% 312. 22029930 All Goods 50% 313. 22029990 All Goods 50% 314. 23011010 All Goods 50% 315. 23011090 All Goods 50% 316. 23012011 All Goods 80% 317. 23032000 All Goods 50% 318. 23091000 All Goods 50% 319. 25010020 All Goods 20% 320. 25010090 All Goods 80% 321. 25030010 All Goods 80% 322. 25030090 All Goods 80% 323. 25070029 All Goods 80% 324. 25120010 All Goods 80% 325. 251 .....

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11112 Iron ore lumps (62% Fe or more but below 65% Fe) 80% 343. 26011119 Iron ore lumps (65% Fe and above) 80% 344. 26011121 Iron ore lumps (below 55% Fe) 80% 345. 26011122 Iron ore fines (55% Fe or more but below 58% Fe) 80% 346. 26011129 Iron ore fines (58% Fe or more but below 60% Fe) 80% 347. 26011131 Iron ore fines (62% Fe or more but below 65% Fe) 80% 348. 26011139 Iron ore fines (65% Fe and above) 80% 349. 26011141 to 26011149 Iron ore fines (below 62% Fe) 80% 350. 26011150 All Goods 80% .....

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80% 369. 28070020 All Goods 80% 370. 28100010 All Goods 80% 371. 28252000 All Goods 80% 372. 28253090 All Goods 80% 373. 28257010 All Goods 80% 374. 28257020 All Goods 80% 375. 28257090 All Goods 80% 376. 28273920 All Goods 80% 377. 28273930 Strontium Chloride 80% 378. 28273990 All Goods 80% 379. 28274110 All Goods 80% 380. 28274190 All Goods 80% 381. 28276010 All Goods 80% 382. 28276020 All Goods 80% 383. 28276090 All Goods 80% 384. 28299010 All Goods 80% 385. 28299020 All Goods 80% 386. 28299 .....

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398. 29153930 All Goods 80% 399. 29153950 All Goods 80% 400. 29153960 All Goods 80% 401. 29157030 All Goods 20% 402. 29173400 All Goods 80% 403. 29173500 All Goods 80% 404. 29181200 All Goods 80% 405. 29420090 All Goods 80% 406. 30041010 All Goods 40% 407. 30041020 All Goods 40% 408. 30041030 All Goods 40% 409. 30041040 All Goods 40% 410. 30041050 All Goods 40% 411. 30041060 All Goods 40% 412. 30041070 All Goods 40% 413. 30041090 All Goods 40% 414. 30042011 All Goods 40% 415. 30042012 All Goods .....

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oods 40% 434. 30042070 All Goods 40% 435. 30042091 All Goods 40% 436. 30042092 All Goods 40% 437. 30042093 All Goods 40% 438. 30042094 All Goods 40% 439. 30042095 All Goods 40% 440. 30042096 All Goods 40% 441. 30042097 All Goods 40% 442. 30042099 All Goods 40% 443. 30043200 All Goods 40% 444. 30043911 All Goods 40% 445. 30043912 All Goods 40% 446. 30043913 All Goods 40% 447. 30043914 All Goods 40% 448. 30043919 All Goods 40% 449. 30043921 All Goods 40% 450. 30043922 All Goods 40% 451. 30043990 A .....

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35 All Goods 40% 470. 30045036 All Goods 40% 471. 30045037 All Goods 40% 472. 30045039 All Goods 40% 473. 30045090 All Goods 40% 474. 30046000 All Goods 40% 475. 30049011 All Goods 40% 476. 30049012 All Goods 40% 477. 30049013 All Goods 40% 478. 30049014 All Goods 40% 479. 30049015 All Goods 40% 480. 30049021 All Goods 40% 481. 30049022 All Goods 40% 482. 30049023 All Goods 40% 483. 30049024 All Goods 40% 484. 30049025 All Goods 40% 485. 30049026 All Goods 40% 486. 30049027 All Goods 40% 487. 30 .....

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. 30049052 All Goods 40% 506. 30049053 All Goods 40% 507. 30049054 All Goods 40% 508. 30049055 All Goods 40% 509. 30049056 All Goods 40% 510. 30049057 All Goods 40% 511. 30049058 All Goods 40% 512. 30049059 All Goods 40% 513. 30049061 All Goods 40% 514. 30049062 All Goods 40% 515. 30049063 All Goods 40% 516. 30049064 All Goods 40% 517. 30049065 All Goods 40% 518. 30049066 All Goods 40% 519. 30049067 All Goods 40% 520. 30049069 All Goods 40% 521. 30049071 All Goods 40% 522. 30049072 All Goods 40% .....

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40% 541. 30049094 All Goods 40% 542. 30049095 All Goods 40% 543. 30049096 All Goods 40% 544. 30049099 All Goods 40% 545. 31023000 All Goods 80% 546. 31029010 All Goods 80% 547. 31029090 All Goods 80% 548. 31042000 All Goods 80% 549. 31043000 All Goods 80% 550. 31049000 All Goods 80% 551. 31052000 All Goods 80% 552. 31054000 All Goods 80% 553. 31055900 All Goods 80% 554. 31059010 All Goods 80% 555. 31059090 All Goods 80% 556. 32061900 All Goods 80% 557. 33049910 All Goods 80% 558. 33049920 All G .....

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ll Goods 80% 577. 34029099 All Goods 80% 578. 35061000 All Goods 80% 579. 36020010 All Goods 80% 580. 36020090 All Goods 80% 581. 36030011 All Goods 80% 582. 36030019 All Goods 80% 583. 36030020 All Goods 80% 584. 36030031 All Goods 80% 585. 36030039 All Goods 80% 586. 36030041 All Goods 80% 587. 36030049 All Goods 80% 588. 36030051 All Goods 80% 589. 36030059 All Goods 80% 590. 38021000 All Goods 80% 591. 38029011 All Goods 80% 592. 38029012 All Goods 80% 593. 38029019 All Goods 80% 594. 380290 .....

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Goods 80% 611. 39093910 All Goods 80% 612. 39131010 All Goods 80% 613. 39131090 All Goods 80% 614. 39172110 All Goods 80% 615. 39172190 All Goods 80% 616. 39173210 All Goods 80% 617. 39173220 All Goods 80% 618. 39173290 All Goods 80% 619. 39199010 All Goods 80% 620. 39199090 All Goods 80% 621. 39209211 All Goods 80% 622. 39209212 All Goods 80% 623. 39209219 All Goods 80% 624. 39209291 All Goods 80% 625. 39209292 All Goods 80% 626. 39209299 All Goods 80% 627. 39269010 All Goods 80% 628. 39269021 .....

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40169910 All Goods 80% 645. 40169920 All Goods 80% 646. 40169930 All Goods 80% 647. 40169940 All Goods 80% 648. 40169950 All Goods 80% 649. 40169960 All Goods 80% 650. 40169970 All Goods 80% 651. 40169980 All Goods 80% 652. 40169990 All Goods 80% 653. 41041100 All Goods 80% 654. 41041900 All Goods 80% 655. 41044100 All Goods 80% 656. 41044900 All Goods 80% 657. 41069100 All Goods 80% 658. 41079200 All Goods 80% 659. 43031020 All Goods 80% 660. 43031090 All Goods 80% 661. 44012200 All Goods 80% 6 .....

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79. 44101130 All Goods 80% 680. 44101190 All Goods 80% 681. 44101210 All Goods 80% 682. 44101290 All Goods 80% 683. 44101900 All Goods 80% 684. 44111200 All Goods 80% 685. 44111300 All Goods 80% 686. 44111400 All Goods 80% 687. 44119211 All Goods 80% 688. 44119219 All Goods 80% 689. 44119221 All Goods 80% 690. 44119229 All Goods 80% 691. 44119311 All Goods 80% 692. 44119319 All Goods 80% 693. 44119321 All Goods 80% 694. 44119329 All Goods 80% 695. 44119411 All Goods 80% 696. 44119419 All Goods 8 .....

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ds 80% 715. 44170000 All Goods 80% 716. 44181000 All Goods 80% 717. 44182010 All Goods 80% 718. 44182020 All Goods 80% 719. 44182090 All Goods 80% 720. 44219111 to 44219990 All Goods 80% 721. 45031000 All Goods 80% 722. 45049000 All Goods 80% 723. 47031100 All Goods 80% 724. 47031900 All Goods 80% 725. 47032100 All Goods 80% 726. 47032900 All Goods 80% 727. 47079000 All Goods 80% 728. 48010010 All Goods :- (a) in strips or rolls of a width exceeding 36 cm; or (b) in rectangular (including square .....

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All Goods 80% 737. 48025590 All Goods 80% 738. 48025890 All Goods 80% 739. 48030010 All Goods 80% 740. 48030090 All Goods 80% 741. 48042100 All Goods 80% 742. 48042900 All Goods 80% 743. 48051900 All Goods 80% 744. 48052400 All Goods 80% 745. 48052500 All Goods 80% 746. 48059100 All Goods 80% 747. 48059200 All Goods 80% 748. 48081000 All Goods 80% 749. 48101990 All Goods 80% 750. 48103200 All Goods 80% 751. 48109200 All Goods 80% 752. 48109900 All Goods 80% 753. 48114100 All Goods 80% 754. 4811 .....

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8181000 All Goods 80% 772. 48182000 All Goods 80% 773. 48183000 All Goods 80% 774. 48189000 All Goods 80% 775. 48191010 All Goods 80% 776. 48191090 All Goods 80% 777. 48193000 All Goods 80% 778. 48194000 All Goods 80% 779. 48195010 All Goods 80% 780. 48195090 All Goods 80% 781. 48201010 All Goods 80% 782. 48201020 All Goods 80% 783. 48201090 All Goods 80% 784. 48202000 All Goods 80% 785. 48203000 All Goods 80% 786. 48204000 All Goods 80% 787. 48221000 All Goods 80% 788. 48229010 All Goods 80% 78 .....

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% 807. 51012900 All Goods 50% 808. 51021910 All Goods 50% 809. 51021990 All Goods 50% 810. 51031010 All Goods 50% 811. 51031090 All Goods 50% 812. 51052910 All Goods 80% 813. 51052990 All Goods 80% 814. 51091010 All Goods 80% 815. 51091090 All Goods 80% 816. 51099000 All Goods 80% 817. 54072010 All Goods 80% 818. 54072020 All Goods 80% 819. 54072030 All Goods 80% 820. 54072040 All Goods 80% 821. 54072090 All Goods 80% 822. 55051090 All Goods 80% 823. 55093200 All Goods 80% 824. 63053300 All Good .....

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Goods 80% 843. 71069100 All Goods 80% 844. 71081200 All Goods 80% 845. 71129200 All Goods 80% 846. 71129910 All Goods 80% 847. 71129920 All Goods 80% 848. 71129990 All Goods 80% 849. 71181000 All Goods 80% 850. 72022900 All Goods 80% 851. 72027000 All Goods 80% 852. 72042110 All Goods 80% 853. 72042190 All Goods 80% 854. 72042910 All Goods 80% 855. 72042920 All Goods 80% 856. 72042990 All Goods 80% 857. 72044900 All Goods 80% 858. 72106100 All Goods 80% 859. 72124000 All Goods 80% 860. 72139110 .....

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011 All Goods 80% 879. 73082019 All Goods 80% 880. 73082020 All Goods 80% 881. 73084000 All Goods 80% 882. 73089010 All Goods 80% 883. 73089020 All Goods 80% 884. 73089030 All Goods 80% 885. 73089040 All Goods 80% 886. 73089050 All Goods 80% 887. 73089060 All Goods 80% 888. 73089070 All Goods 80% 889. 73089090 All Goods 80% 890. 73101010 All Goods 80% 891. 73101020 All Goods 80% 892. 73101090 All Goods 80% 893. 73102990 All Goods 80% 894. 73121010 All Goods 80% 895. 73121020 All Goods 80% 896. 7 .....

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4. 74010090 All Goods 80% 915. 74020010 All Goods 50% 916. 74020090 All Goods 50% 917. 74031100 Copper Cathodes 50% (Subject to a quota of maximum 5000 MTs per annum and above this at MFN rates.) 918. 74031300 All Goods 50% 919. 74031900 Other Refined Copper, Unwrought 50% 920. 74072110 All Goods 50% 921. 74072120 All Goods 50% 922. 74072130 All Goods 50% 923. 74072190 All Goods 50% 924. 74072990 All Goods 50% 925. 74091900 All Goods 50% 926. 74111000 All Goods 50% 927. 74130000 All Goods 50% 92 .....

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6. 78019920 All Goods 80% 947. 78020010 All Goods 80% 948. 78060010 All Goods 80% 949. 78060020 All Goods 80% 950. 78060030 All Goods 80% 951. 78060090 All Goods 80% 952. 81129900 All Goods 80% 953. 82071300 All Goods 80% 954. 82071900 All Goods 80% 955. 82090090 All Goods 80% 956. 82119390 All Goods 80% 957. 83024200 All Goods 80% 958. 83099010 All Goods 80% 959. 83099020 All Goods 80% 960. 83099030 All Goods 80% 961. 83099090 All Goods 80% 962. 83111000 All Goods 80% 963. 84119900 All Goods 80 .....

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s 80% 982. 84509010 All Goods 80% 983. 84509090 All Goods 80% 984. 84519000 All Goods 80% 985. 84592990 All Goods 80% 986. 84669100 Parts of grinding, polishing and lapping machines for processing of semiconductor wafers 80% 987. 84741090 All Goods 80% 988. 84749000 All Goods 80% 989. 84798940 All Goods 80% 990. 84799010 All Goods 80% 991. 84799020 All Goods 80% 992. 84799030 All Goods 80% 993. 84799040 All Goods 80% 994. 84818041 All Goods 80% 995. 84818049 All Goods 80% 996. 84818090 All Goods .....

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News: Voluntary Reporting of Estimated Current Income and Advance Tax Liability

TMI Note: In case of conflict between ICDS and other specific provisions of the Income-tax rules, 1962 governing taxation of income like rules 9A, 9B etc. of the Rules, which provisions shall prevail.

TMI Note: Does ICDS apply to computation of Minimum Alternate Tax (MAT) u/s 115JB of the Act or Alternate Minimum Tax (AMT) u/s 115JC of the Act.

TMI Note: Where a term has not been defined under ICDS, nor under the Act, but has different interpretations given to it by the courts in tax cases, and in ICAI Accounting Standards, which interpretation would prevail while interpreting ICDS.

TMI Note: Whether the provisions of ICDS apply to a non-resident who claims the benefit of a double taxation avoidance agreement (DTAA).

TMI Note: In case any of the ICDS provisions is contrary to a circular or press release issued by the CBDT, which would prevail over the other.

TMI Note: ICDS-I requires disclosure of significant accounting policies and other ICDS requires specific disclosures. Where is the taxpayer required to make such disclosures specified in ICDS.

Notification: Income Computation and Disclosure Standards (ICDS) - New ICDS to be effective from AY 2017-18

News: RBI Reference Rate for US $

Highlight: GST - Detention of goods under transport - discrepancy in documents - the statutory provisions provide a mechanism for adjudication following detention of goods including for the provisional release thereof pending adjudication - HC

Highlight: Reassessment - first few paragraphs of the assessment order dealt with objections and disposed of accordingly - Unfortunately, the manner in which the AO has decided the issue is wholly unsustainable in law - HC

Highlight: Business expenditure u/s 37 - liquidated damage - breach of contract terms - Expenditure was not incurred for any purpose which is an offence or which is prohibited by law - cannot be disallowed - HC

Highlight: Valuation - inclusion of reimbursement of expenses - managing participation of clients in certain mela, fairs, promotional activities etc. - They are liable to service tax on the gross amount received - They cannot restrict their tax liability to only agency commission

Highlight: TDS liability - ITAT confirmed the liability - We do not see how it is possible for us to uphold the order of the Tribunal and when it purports to decide two Appeals of the Revenue by single paragraph conclusion - HC

Highlight: Reopening of assessment - sufficiency of material available with the AO to form a belief that income chargeable to tax had escaped assessment - bogus purchases - seller refused to respond - notice would not be interfered with - HC

Highlight: Exemption u/s 11 - education activities - transport and hostel facilities surplus cannot be considered as business income of the assessee society

News: Draft Notification for insertion of new rule 39A in the Income-tax Rules, 1962 comments and suggestions-reg.

Highlight: Genuineness of labour wages expenses, embroidery charges, fabrication expenses etc. - getting work done through small workmen who do not have any permanent place of residence - disallowance of ad hoc expenditure deleted.

Highlight: Project import - Since the goods were never used for the purpose for which it was imported, the actual user condition has been violated - Redemption fine and penalty imposed.

Highlight: Penalty u/s 112 (a) - CHA - Lack of due diligence and failure to take more precautions can not, by itself, bring in penal consequences

Highlight: Import of services - GST - The fact that those services were received outside India will not change the fact that the services have been paid for by the beneficiary appellant, who is located in India. - Demand confirmed.

Notification: SEZ for IT/ITES at Madhurwada Village, Visakhapatnam District in the State of Andhra Pradesh - denotified.

Highlight: Merely because payment is received in Indian rupee, it cannot be said that payment against export has not been received in convertible foreign exchange.

Highlight: Merely vehicle numbers was not mentioned on the invoices cannot be the reason to deny Cenvat Credit

Highlight: Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 120A of the Central Goods and Service Tax Rules, 2017 - Circular

Circular: Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 120A of the Central Goods and Service Tax Rules, 2017

News: Auction for Sale (Re-issue) of Government Stocks

Article: TDS APPLICABILITY ON GOVERNMENT CONTRACTS UNDER GST (Under Section 51 of the CGST Act, 2017)

News: Manmohan takes potshots at note ban, 'hasty' rollout of GST

News: GST on petrol, diesel requires wider discussion: Nitish



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