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Corporate News *   GST registration draft rules unveiledGST registration draft rules unveiled *   GST Unlikely To Be Ratified By Kerala Assembly: State Finance Minister *   Government mulls separate compensation law to reassure states on GST loss  *   Centre, states agree on timetable for GST rollout on April 1 *   GST Council: Tax exemption threshold fixed at Rs 20 lakh *   Centre may have to re-notify GST Constitutional Amendment Act; here’s why *   After GST law, can government still levy excise on goods?  *   GST faces petrol dilemma *   GST to broaden tax base, ease doing business, says Yashwant Sinha *   Narendra Modi wants all steps for GST roll-out to be completed before April 2017 *   Multiple rates compatible with GST but rates tailored for specific sectors are not *   Taxing of petro products under GST a wise move *   GST, FED returns: date for submission extended to September 23 *   Hotel, restaurant owners hail cut in property tax *   Direct tax collection rises 15%, indirect 28% *   Creation of GST council gets Union Cabinet approval *   Manufacturing Sector: Realigning operations will hold key to profitability under new GST regime *   Narendra Modi government may back 18-19% GST standard rate *   Telcos kick against communications service tax *  GST is now a law. *   Formation of GST council may come up in next cabinet meeting: Hasmukh Adhia *  Cabinet call on GST council. *   MEDIA-Indian govt may ease rules for banks, NBFCs under GST - Economic Times. *  Modi government has avoided growth steroids: Paul Gruenwald, S&P Global Ratings . *  Meghalaya house ratifies GST bill. *   President Approves GST Bill after 16 States Ratify Bill. *   President hopes govt to set up GST Council soon *   Service tax collection from Mumbai up 23% in 4 months *   Infosys may get Rs. 400 crore revenue boost from GSTN project *   Petition filed in Delhi HC alleging charging of excess Tax by restaurants in Delhi, notice issued [Read Petition]
Subject News *   Whether auction purchaser to whom GIDC declined to issue No-objection certificate on the ground of unpaid dues of the Excise Department can be upheld? {See PJ/Case Law /2016-17/3266 in what’s new} *   Whether CENVAT credit availed of service tax paid in respect of catering  and renting of cycle stand services allowed? {See PJ/Case Law /2016-17/3265 in what’s new} *   Whether refund can be rejected on non submission of approved list of authorised operations by SEZ unit.{See PJ/Case Law /2016-17/3264 in what’s new} *   Whetheror not the respondent who is public limited company is to be treated relative of buyer who has paid central excise for sale of final products.{See PJ/Case Law /2016-17/3263 in what’s new} *   Whether CENVAT Credit is allowed of the ingots and billets of thickness more than 3 inches used for manufacture of MS Bars of 6 mm.{See PJ/Case Law /2016-17/3262 in what’s new} *   Whether appellant is entitled to take Cenvat credit of service tax paid on input services on invoices issued by intermediary? {See PJ/Case Law /2016-17/3261 in what’s new} *   Whether appellant is liable to pay demand of service tax along with interest and penalty? {See PJ/Case Law /2016-17/3260 in what’s new} *   Whether Cenvat credit can be taken on outward freight payable beyond place of removal?{See PJ/Case Law /2016-17/3259 in what’s new} *   Whether refund claim is allowed in respect of the unutilised balance of CENVAT credit under rule 5 of Central Excise.{See PJ/Case Law /2016-17/3258 in what’s new} *   WhetherHousekeeping and gardening services will fall in the ambit of input services and therefore CENVAT credit be admissible on that service? {See PJ/Case Law /2016-17/3257 in what’s new} *   Centre, States can levy taxes for one year after GST notification: Jaitley *   Government working on target of April 2017 for rollout of GST: Arun Jaitley *   GST Council approved 5 sets of draft rules: Arun Jaitley *   GST Council meeting: Waivers, draft rules okayed; differences over tax assessees *   Guidelines for arrest in relation to the offences punishable under the Finance Act, 1994 & Central Excise Act , 1944{See circular no. 201/11/2016-ST in what’s new} *   Service of transportation, by educational institutions to students, faculty and staff is exempted {See Notification no. 45/2016-Service Tax in what’s new} *   Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Gold and Silver are notified.{See Notification no. 123/2016-Cus (NT) in what’s new} *   Revised Monetary Limits for adjudication of SCN {See Circular no. 1049/37/2016-CX in what’s new} *   Implementation of the Hazardous & Other Wastes(Management and Transboundary movement) Rules, 2016 {See instruction no. F. No. 401/26/2014-Cus III(Pt.) in what’s new} *   Retain BCD on ghee, butter and butter oil at 40% upto 31.03.2017{See Notification no. 53/2016-Cus in what’s new} *   Commercial tax staff may strike over powers *   Big-ticket items on agenda for today’s GST Council meet *   GST: States to suffer revenue loss, say Excise officials *   Arun Jaitley to brief Parliamentary panel on progress made on GST *   Limits for adjudicating service tax cases revised {See notification no. 44/2016-ST in what’s new} *   Tax (Third amendment) Rules, 2016{See notification no. 43/2016-ST in what’s new} *   Purpose of appointing central excise officers in Principal notification no.30/2014 {See Notification no. 47/2016-CENT in what’s new} *   Discontinuation of making manual debits on physical copy of Advance Authorizations registered at EDI Customs port {See instruction no. F. No. 605/30/2015-DBK in what’s new} *   Allocation of quantity for export of preferential quota sugar to EU {See public notice no.34/2015-2020in what’s new} *   Inclusion of new Regional Office of DGFT at Belagavi  {See public notice no. 36/2015-2020in what’s new}