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  • Today NICAI Updates

    Under GST apply for registration in 30 days from becoming liable, to claim ITC of inputs in stock on date preceding date of liability.

    CBEC has issued a clarification regarding supply of goods manufactured by EOUs without payment of central excise duty against advance licence/authorisation vide circular No. 1046/34/2016-CX dated on 16/09/2016.

    MVAT rate has been increased wef. From 17/09/2016, under schedule C except declared goods from 5.5% to 6% and under schedule E from 12.5% to 13.5% [Notification no, VAT.1516/CR-31/Taxation-1].

    MCA has released the revised the versions of e-Forms – Form CRA-2, Form CRA-4, Form SH-8, Form CHG-4, Form MR-2. The revised forms will be available on the portal on the portal w.e.f 22nd September, 2016 of MCA.

    SEBI made Unique Client Code (UCC) and Permanent Account Number (PAN) mandatory for all the persons transacting on commodity exchanges.
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