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Corporate News *  Tax rates lowered on consumer goods,only luxury goods taxed @ 28% *   Businesses can revise GST transition claim form now *  Multiplex owners in UP demand clarity on refund as tax exemptions go away after GST *   GST compliance: A case of much ado about nothing *  PM hints more relief for traders & businesses to ease GST compliance burden *  Infosys deploys more people in states to ease GSTN load *   Further reforms are needed for the GST to succeed *   GST impact! Massive stock clearance discounts on apparels, gadgets likely in December *  Kerala HC releases Detained Goods since State has No Power to make Rules to regulate Inter-State movement of Goods under GST *  Infosys is to blame for GST Network glitches, say government officials *   Publishers versus authors: Who will pay GST on royalty? *   कपड़ा निर्यातकों ने कहा, जीएसटी के कारण भारत से शिपमेंट में आ सकती है भारी कमी *   Tax professionals protest over GST returns filing in Gujarat *  Publishers versus authors: Who will pay GST on royalty? *   Pilot Implementation of Paperless Processing under SWIFT *   Anti-dumping duty levied on the imports of " Color Coated/ Pre-Painted flat products of alloy or non-alloy steel " s *   Anti-dumping duty levied on the imports of "Wire Rod of Alloy or Non- Alloy Steel "   *   Exemption on goods imported by EOUs from integrated tax and compensation cess   *   Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver  *   Appointment of Common Adjudicating Authority by DGRI  *   Amendment in various Customs exemption notifications to exempt Integrated Tax/Cess on import of goods under AA/EPCG schemes  *   BCD and IGST rates on certain goods prescribed   *   Amendment in rates of supply of services  *   Integrated Tax rate on the leasing of motor vehicles prescribed.  *   RCM to apply on supply of Used vehicles, seized and confiscated goods, old and used goods, waste and scrap  *   Amendment in notification no. 8/2017-IT dated 14.09.2017 so as to add certain items to the list of “handicrafts goods”  *   Exemption to few goods from GST  *   Amendment in rates of goods *   Applicability of RCM on Supply of services by the members of Overseeing Committee to Reserve Bank of India  *   RCM on supplies from unregistered dealers postponed till 31.03.2018 
Subject News *  Refund of unutilized input tax credit of GST paid on inputs in respect of exporters of fabrics vide cicular no 18/2017 GST dt 16.11.17 *   CBEC prescribes procedure for manual filing and processing of refund claims for zero rated supplies *  Suppliers of services through an e-commerce platform are exempted from obtaining compulsory registration *  All taxpayers  exempt from payment of tax on advances received in case of supply of goods *  Changes in Tax rate of permanent transfer of Intellectual Property *  GST on Services by way of admission to protected monuments shall be exempted. *  Relevant Notification to be issued shortly, so as to be made available from 15th of November'17 *  Late fee payable for those where a tax liability arises will be Rs. 50/- per day. *  Supply of services by Composition taxpayer upto Rs 5 lakh per annum will be allowed *  Restaurants in hotel premises having room tariff of less than Rs 7500 per unit per day will attract GST of 5% without ITC. *  Restaurants in hotel premises having room tariff of Rs 7500 and above per day (even for a single room) will attract GST of 18% with full ITC. *  Job work services in relation to manufacture of those handicraft goods in respect of which the casual taxable person has been exempted from registration, shall be reduced to 5% with full ITC. *  All restaurants to levy 5% GST except 5-star ones. *  Tax rate on Bangles made out of lac/shellac has been reduced from 3% to Nil. *  GST rate on Fly Ash bricks has been reduced from 12% to 5%. *  GST rate has been reduced from 18% to 12% for Furniture wholly made of bamboo or cane. *  Tax Rate on Goods of Granites and marbles have been reduced from 28% to 18%. *  Gst rate on Guar meal has been reduced from 5% to nil. *  All stand-alone restaurants irrespective of air conditioned or otherwise, will attract 5% GST without ITC. *  Uniform rate of tax @ 1% under composition scheme for manufacturers and traders. *  Services provided through E-commerce platform shall be exempt from obtaining compulsory registration. *  Due date of TRAN-1 extended till 31.12.2017 along with one time option of revision. *  Due date of GSTR-4 for the quarter July-Sept,2017 revised to 24.12.2017. *  Due date of ITC-04 for the quarter July-Sept,2017 revised to 31.12.2017. *  A facility for manual filing of application for advance ruling shall be introduced. *  Late fee payable where tax liability for that month is ‘NIL’will be Rs. 20/- per day *  Late Fee of GSTR-3B will be re-credited to Electronic Cash Ledger under “Tax” head instead of “Fee” head. *  The time period for filing GSTR-2 and GSTR-3 for the months of July, 2017 to March 2018 would be worked out. *  Extension of due date for filing GSTR-1 till March, 2018 for taxpayers with annual aggregate turnover upto Rs. 1.5 crore. *  Filing of GSTR-3B extended till March,2018 by 20th of the Succeeding month.  

Comments

S.No. NAME OF FORMS Description
1 BRC Bank Certificate for Export & Reliasation
2 ANF 1 Profile of importer / exporter.
3 ANF 2A Importer Exporter Code Number (IEC).
4 ANF 2B Import Licence for Restricted Items.
5 ANF 2C Import Certificate under Indo-US Memorandum.
6 ANF 2D Export Licence for Restricted items.
7 ANF 2E Export Licence for SCOMET items.
8 ANF 2F Refund of Application Fee.
9 ANF 3A Grant of Status Certificate.
10 ANF 3B Served from India Scheme (SFIS).
11 ANF 3C Vishesh Krishi And Gram Udyog Yojana (VKGUY).
12 ANF 3D Focus Market Scheme (FMS).
13 ANF 3E Focus Product Scheme (FPS).
14 ANF 4A Advance Authorisation (Including Advance authorisation for Annual Requirement) / Advance Release Order (ARO)/ Invalidation letter.
15 ANF 4B Fixation / Modification of Standard Input Output Norms (SION).
16 ANF 4C Fixation of DEPB Rates / Fuel rates.
17 ANF 4D Clubbing of Advance Authorisations.
18 ANF 4E Enhancement in CIF / FOB Value or Revalidation or EO extension of Authorisation.
19 ANF 4F Redemption / No Bond Certificate against Advance Authorisation.
20 ANF 4G Duty Entitlement Pass Book (DEPB).
21 ANF 4H Duty Free Import Authorisation (DFIA) .
22 ANF 4I GEM REP Authorisation.
23 ANF 4J Diamond Imprest Authorisation.
24 ANF 5A Export Promotion Capital Goods (EPCG) Authorisation.
25 ANF 5B Statement of Export/Redemption of EPCG Authorisation.
26 ANF 5C EO Refixation under EPCG Scheme.
27 ANF 5D Clubbing of EPCG Authorisations.
28 APPEND 14-I-A APPLICATION FOR SETTING UP EOU/SEZS OR UNITS IN SPECIAL ECONOMIC ZONE.
29 APPEND 14-I-B CRITERIA TO BE ADOPTED FOR AUTOMATIC APPROVAL OF UNITS UNDER EOU/SEZ SCHEME .
30 APPEND 14-I-C SECTOR SPECIFIC REQUIREMENTS FOR EOU/SEZ UNITS .
31 APPEND 14-I-D BOARD OF APPROVAL NOTIFICATION .
32 APPEND 14-I-E FORMAT FOR LETTER OF PERMISSION.
33 APPEND 14-I-F FORM OF LEGAL AGREEMENT FOR EOU/SEZ UNITS
34 APPEND 14-I-G GUIDELINES FOR MONITORING THE PERFORMANCE OF EOU/SEZ/STP/EHTP UNITS.
35 APPEND 14-I-H GUIDELINES FOR SALE OF GOODS IN THE DOMESTIC TARIFF AREA (DTA) BYEOU/SEZ/EHTP/STP/BTP UNITS.
36 APPEND 14-I-I PROCEDURE TO BE FOLLOWED FOR REIMBURSEMENT OF CENTRAL SALES TAX (CST) ON SUPPLIES MADE TO EXPORT ORIENTED UNITS (EOUS) AND UNITS IN ELECTRONIC HARDWARE TECHNOLOGY PARK (EHTP) AND SOFTWARE TECHNOLOGY PARK (STP)..
37 APPEND 14-I-J ITEMS PERMITTED FOR IMPORT/DOMESTIC PROCUREMENT BY EOU/SEZ UNITS ENGAGED IN AGRICULTURE/HORTICULTURE WITHOUT PAYMENT OF DUTY FOR SUPPLY TO CONTRACT FARMERS IN THE DTA.
38 APPEND 14-I-K JURISDICTION OF SPECIAL ECONOMIC ZONES.
39 APPEND 14-I-L GUIDELINES FOR EXIT OF EOU/SEZ/EHTP/STP UNITS .
40 APPEND 14-I-M GUIDELINES FOR REVIVAL/EXIT OF SICK EOU/SEZ UNITS.
41 APPEND 14-I-N PROFORMA FOR EXTENSION OF LOP FOR EXPORT ORIENTED UNITS.
42 APPEND 14-I-O GUIDELINES FOR SEZ DEVELOPERS .
43 APPEND 14-I-P FORMAT FOR LETTER OF PERMISSION FOR SEZ DEVELOPER .
44 APPEND 14-I-Q FORMAT FOR LETTER OF PERMISSION FOR OPERATION AND MAINTENANCE OF INFRASTRUCTURE.
45 APPEND 14-I-R UNIT APPROVAL COMMITTEE .
46 APPENDIX 1 LIST OF REGIONAL AUTHORITIES AND THEIR JURISDICTION.
47 APPENDIX 1A JURISDICTION OF REGIONAL AUTHORITY AND LIST OF NOMINATED AGENCIES FOR THE PURPOSE OF GEM AND JEWELLERY EXPORT PROMOTION SCHEMES.
48 APPENDIX 2 LIST OF EXPORT PROMOTION COUNCILS/COMMODITY BOARD.
49 APPENDIX 3 LIST OF BRANCHES OF CENTRAL BANK OF INDIA AUTHORISED TO RECEIVE PAYMENTS FOR APPLICATION FEE.
50 APPENDIX 4A LIST OF AGENCIES AUTHORISED TO ISSUE GSP CERTIFICATION.
51 APPENDIX 4B LIST OF AGENCIES AUTHORISED TO ISSUE CERTIFICATES OF ORIGIN FOR SAPTA AND ASIA FACIFIC TRADE AGREEMENT (AFTA).
52 APPENDIX 4C LIST OF AGENCIES AUTHORISED TO ISSUE CERTIFICATES OF ORIGIN - NON PREFERENTIAL (Amended as per PN No. 14(RE-2005)/2004-2009 Dated 30/05/2005.
53 APPENDIX 4D LIST OF AGENCIES AUTHORISED TO ISSUE GLOBAL SYSTEM OF TRADE PREFERENCES ( GSTP) AND INDIA SRI LANKA FREE TRADE AGREEMENT (ISLFTA) CERTIFICATION.
54 APPENDIX 5 LIST OF INSPECTION AND CERTIFICATION AGENCIES.
55 APPENDIX 6 LIST OF IS/ISO 9000 (SERIES) / ISO- 14000 (SERIES)/ WHO-GMP /HACCP/SEI/CMM LEVEL II AND OTHER CERTIFICATION AGENCIES.
56 APPENDIX 7 LIST OF TOWNS OF EXPORT EXCELLENCE.
57 APPENDIX 8 AGRI EXPORT ZONES.
58 APPENDIX 9 LIST OF COUNTRIES, EXPORT TO WHICH CONFERS DOUBLE WEIGHTAGE FOR GRANT OF STATUS CERTIFICATE.
59 APPENDIX 10 LIST OF SERVICES.
60 APPENDIX 11 VALUE ADDITION NORMS FOR EXPORTS FOR WHICH PAYMENTS ARE NOT IN FREELY CONVERTIBLE CURRENCY.
61 APPENDIX 11A DATA SHEET FOR ADVANCE AUTHORISATION APPLICATION ON SELF DECLARATION UNDER PARA 4.4.2 & 4.7 OF HANDBOOK (Vol.I).
62 APPENDIX 12A EPLENISHMENT FOR GEM & JEWELLERY.
63 APPENDIX 12B REPLENISHMENT SCALE FOR GEM REP LICENCE.
64 APPENDIX 13 AGENCIES/FUNDS/ NOTIFIED BY THE DEPARTMENT OF ECONOMIC AFFAIRS, MINISTRY OF FINANCE FOR THE PURPOSE OF DEEMED EXPORT BENEFITS..
65 APPENDIX 15A APPLICATION FOR CERTIFICATION OF EXPORT PERFORMANCE OF UNITS IN THE PHARMACEUTICAL AND BIOTECHNOLOGY SECTORS BY THE REGIONAL OFFICES OF THE DGFT AS PER CUSTOMS NOTIFICATION NO 21/2002 DATED 1.03.2002.
66 APPENDIX 15B APPLICATION FOR CERTIFICATION OF EXPORT PERFORMANCE OF UNITS IN AGRO CHEMICALS SECTORS BY THE REGIONAL OFFICES OF THE DGFT AS PER CUSTOMS NOTIFICATION NO 21/2002 DATED 1.03.2002.
67 APPENDIX 16 GUIDELINES FOR SETTLEMENT OF TRADE DISPUTES AND COMPLAINTS .
68 APPENDIX 17 LIST OF NODAL OFFICERS NOMINATED TO ASSIST EXPORTERS .
69 APPENDIX 18A FORMAT OF BANK CERTIFICATE FOR ISSUE OF IEC .
70 APPENDIX 18B FORMAT OF IMPORTER - EXPORTER CODE NUMBER .
71 APPENDIX 18C STATEMENT OF PARTICULARS OF IEC NUMBERS .
72 APPENDIX 18D LIST OF REGIONAL AUTHORITIES OF DGFT AND THE CORRESPONDING OFFICE OF RESERVE BANK OF INDIA, EXCHANGE CONTROL DEPARTMENT .
73 APPENDIX 19A FORM OF APPLICATION FOR REGISTRATION CUM MEMBERSHIP (RCMC) WITH EXPORT PROMOTION COUNCILS .
74 APPENDIX 19B FORMAT OF REGISTRATION-CUM-MEMBERSHIP CERTIFICATE .
75 APPENDIX 19C PROFORMA FOR FURNISHING OF QUARTERLY EXPORT RETURNS .
76 APPENDIX 20A FORM OF APPLICATION OF IDENTITY CARD .
77 APPENDIX 20B FORMAT OF IDENTITY CARD.
78 APPENDIX 21A FORMAT FOR DEPOSIT OF APPLICATION FEE.
79 APPENDIX 21B PROCEDURE FOR DEPOSIT/ REFUND OF IMPORT APPLICATION FEE AND OTHER FEE.
80 APPENDIX 21C PROCEDURE OF ELECTRONIC FUND TRANSFER.
81 APPENDIX 22A BANK CERTIFICATE OF EXPORT AND REALISATION.
82 APPENDIX 22B BANK CERTIFICATE OF PAYMENTS FOR DOMESTIC SUPPLIES .
83 APPENDIX 22C CERTIFICATE OF PAYMENTS ISSUED BY THE PROJECT AUTHORITY.
84 APPENDIX 22D CERTIFICATE FOR OFFSETTING OF EXPORT PROCEEDS .
85 APPENDIX 23 REGISTER FOR MAINTENANCE OF CONSUMPTION AND STOCKS OF IMPORTED RAW MATERIALS/ COMPONENTS ETC BY THE ACTUAL USERS.
86 APPENDIX 24 FORM OF AFFIDAVIT FOR OBTAINING DUPLICATE COPY OF LICENCES WHICH ARE LOST OR MISPLACED .
87 APPENDIX 25A BANK GUARANTEE FORMAT.
88 APPENDIX 25B LEGAL AGREEMENT/UNDERTAKING FORMAT.
89 APPENDIX 26 CERTIFICATE OF CHARTERED ACCOUNTANT COST AND WORKS ACCOUNTANT/COMPANY SECRETARY( FOR ALL EXPORTERS OTHER THAN SERVICE EXPORTERS/SERVICE PROVIDERS).
90 APPENDIX 26A CERTIFICATE OF CHARTERED ACCOUNTANT CERTIFICATE OF CHARTERED ACCOUNTANT COST AND WORKS ACCOUNTANT/ COMPANY SECRETARY (FOR SERVICE EXPORTERS / SERVICE PROVIDERS)).
91 APPENDIX 27 PROJECT AUTHORITY CERTIFICATE FORMAT.
92 APPENDIX 28 PROFORMA FOR SEEKING CLARIFICATIONS ON FOREIGN TRADE POLICY.
93 APPENDIX 29 PROFORMA FOR SUBMISSION OF GRIEVANCE REPRESENTATION.
94 APPENDIX 30 ADVANCE RELEASE ORDER (ARO) FORMAT.
95 APPENDIX 31 FORMAT OF IMPORT CERTIFICATE UNDER INDO US MEMORANDUM.
96 APPENDIX 32A FORMAT OF CHARTERED ENGINEER CERTIFICATE FOR EPCG SCHEME.
97 APPENDIX 32B FORMAT OF CHARTERED ENGINEER CERTIFICATE FOR FIXATION OF SION.
98 APPENDIX 33 INFORMATION TO BE SUBMITTED FOR FIXATION OF STANDARD INPUT OUTPUT NORMS.
99 APPENDIX 34 INFORMATION TO BE SUBMITTED IN CASES WHERE STANDARD INPUT OUTPUT NORMS ARE NOT FIXED AND APPLICATION IS PREFERRED UNDER PARAGRAPH 4.42 AND 4.7 OF HANDBOOK (VOL.1).
100 APPENDIX 35 FORMATS FOR CLAIMING DUTY DRAWBACK ON ALL INDUSTRY RATES/FIXATION OF DRAWBACK RATES/REFUND OF TERMINAL EXCISE DUTY .
101 APPENDIX 36 END USE CUM END USER CERTIFICATE IN CASE OF EXPORT OF SCOMET ITEMS .
102 APPENDIX 37A LIST OF EXPORT ITEMS ALLOWED UNDER VISHESH KRISHI AND GRAM UDYOG YOJANA (VKGUY).
103 APPENDIX 37B LIST OF IMPORT ITEMS NOT ALLOWED UNDER PROMOTIONAL SCHEMES UNDER CHAPTER 3, UNLESS OTHERWISE SPECIFIED.
104 APPENDIX 37C LIST OF NOTIFIED MARKET UNDER FOCUS MARKET SCHEME (FMS).
105 APPENDIX 37D LIST OF NOTIFIED PRODUCTS UNDER FOCUS PRODUCT SCHEME (FPS).
106 APPENDIX 38A THE FOREIGN TRADE (DEVELOPMENT AND REGULATION) ACT, 1992 NO.22 OF 1992 .
107 APPENDIX 38B FOREIGN TRADE (EXEMPTION FROM APPLICATION OF RULES IN CERTAIN CASES) ORDER, 1993.
108 APPENDIX 38C FOREIGN TRADE (REGULATION) RULES, 1993 .
109 APPENDIX 39 FORM FOR FREE SALE AND COMMERCE CERTIFICATE.
Department News


Query

 
PRADEEP JAIN, F.C.A.

Head Office : -

Address :
"SUGYAN", H - 29, SHASTRI NAGAR, JODHPUR (RAJ.) - 342003

Phone No. :
0291 - 2439496, 0291 - 3258496

Mobile No. :
09314722236

Fax No. :0291 - 2439496


Branch Office : -

Address:
1008, 10th FLOOR, SUKH SAGAR COMPLEX,
NEAR FORTUNE LANDMARK HOTEL, USMANPURA,
ASHRAM ROAD, AHMEDABAD-380013

Phone No. :
079-32999496, 27560043

Mobile No. :
093777659496, 09377649496

E-mail :pradeep@capradeepjain.com