Statutory updates

Extension of FORM GSTR-3B Due Date for April 2018

The Central Government extends the due date for filing of FORM GSTR-3B for the month of April, 2018.

7/2018 - Union Territory Tax : Rescinds notification No. G.S.R. 316(E) dated 31st March, 2018

Rescinds Union Territory Tax Notification No. 8/2018

The Central Government rescinds notification number G.S.R. 317(E) dated the 31st March, 2018.

9/2018 - Union Territory Tax : Rescinds notification no. G.S.R. 318(E), dated 31st March, 2018.

Workshop on Right to Information Act Nominations

The Pandit Deendayal Upadhyaya National Academy of Social Security conducts a training workshop on the Right to Information Act for nominated officers.

22 /2018-Central Tax : Seeks to waive the late fee for FORM GSTR-3B

Cross Border Reinsurers Special Approvals for FY 2018-19

The Insurance Regulatory and Development Authority of India grants special approval for the financial year 2018-19 to specific Cross Border Reinsurers.

Notification of Foreign Companies and Oil Storage Agreements

The Central Government notifies specific foreign companies and agreements for the purposes of section 10 clause 48A of the Income-tax Act, 1961.

27th GST Council Meeting

Common Stewardship Code for Pension Funds

All pension funds registered under the National Pension System architecture must follow the Common Stewardship Code to protect subscriber wealth and improve corporate governance…

India-Kuwait Double Taxation Avoidance Agreement Protocol

The Central Government notifies that all provisions of the Protocol amending the Agreement between India and Kuwait for the avoidance of double taxation and the prevention of…

Taxability of Tenancy Rights Under Goods and Services Tax

The transfer of tenancy rights against tenancy premium is a supply of service and is taxable under the Central Goods and Services Tax Act.

Panel of Actuaries Valuation Limits

The Authority amends valuation limits for panel actuaries.

Compliance of Motor Third Party Obligations

All insurers licensed to underwrite direct motor insurance business in India must use the Gross Direct Premium figures published on the IRDAI website for the calculation of Motor…

21/2018-Central Tax : Notification seeks to make amendments (Fourth Amendment) to the CGST Rules, 2017.

Tenure Extension of National Committee Members

The Central Government extends the tenure of the Chairman and members of the National Committee for Promotion of Social and Economic Welfare for a further period of six months.

41/15/2018-GST : clarifying the procedure for interception of conveyances for inspection of goods in movement, and detention, release and confiscation of such goods and conveyances.

Procedure for Recovery of Arrears under Existing Law

This circular specifies the procedure for the recovery of arrears of central excise duty, service tax, and CENVAT credit under the Central Goods and Services Tax Act, 2017.